HON trading volume has lost -342334 shares compared to readings over the past three months as it recently exchanged 2777666 shares. This means there is reduced activity from short-term traders as per session, its average trading volume is 3120000 shares, and this is 0.89 times the normal volume. A look at its technical analysis shows that its 14-day Relative Strength Index (RSI) is in a neutral zone after reaching 60.57 point.
Honeywell International Inc. (NYSE:HON) climbed by 8.22% over the past three months which led to its overall six-month decrease to stand at -2.45%. The equity price sank -0.85% this week, a trend that has led to both investors and traders taking note of the stock. A look at its monthly performance shows that its shares have recorded a 3.4% gain over the past 30 days. Over the past 12 months the stock has embarked on a rally that has seen it rise 5.8% and is now up by 15.95% since start of this year.
The shares of Honeywell International Inc. dropped by -5.67% or -$9.2 from its last recorded high of $162.39 which it attained on January 10 to close at $153.19 per share. Over the past 52 weeks, the shares of Honeywell International Inc. has been trading as low as $123.48 before witnessing a massive surge by 24.06% or $29.71. This price movement has led to the HON stock receiving more attention and has become one to watch out for. It jumped by 1.06% on Monday and this got the market excited. The stock’s beta now stands at 1.09 and when compared to its 200-day moving average and its 50-day moving average, HON price stands 4.67% above and 6.04% above respectively. Its average daily volatility for this week is 1.21% which is more than the 1.07% recorded over the past month.
Experts from research firms are bullish about the near-term performance of Honeywell International Inc. (HON) with most of them predicting a $165 price target on a short-term (12 months) basis. The average price target by the analysts will see a 7.71% rise in the stock and would lead to HON’s market cap to surge to $121.01B. The stock has been rated an average 1.8, which roughly stands towards the bullish end of the spectrum. Reuters looked into the 23 analysts that track Honeywell International Inc. (NYSE:HON) and find out that 4 of them rated it as a Hold. 19 of the 19 analysts rated it as a Buy or a Strong Buy while 0 advised investors to desist from buying the stock or sell it if they already possess it.
The price of Broadridge Financial Solutions, Inc. (NYSE:BR) currently stands at $99.49 after it went up by $0.55 or 0.56% and has found a strong support at $98.43 a share. If the BR price drops below that critical support, then it would lead to a bearish trend. In the short-term, a dip below the $97.38 mark would also be bad for the stock as it means that the stock would plunge by 2.12% from its current position. However, if the stock price is able to trade above the resistance point around $100.1, then it could likely surge higher to try and break the upward resistance which stands at $100.72 a share. Its average daily volatility over the past one month stands at 1.69%. The stock has plunged by 1.51% from its 52-weeks high of $97.99 which it reached on Sep. 14, 2018. In general, it is 8.19% above its 52-weeks lowest point which stands at $91.34 and this setback was observed on Dec. 26, 2018.
Analysts have predicted a price target for Broadridge Financial Solutions, Inc. (BR) for 1 year and it stands at an average $112.14/share. This means that it would likely increase by 12.71% from its current position. The current price of the stock has been moving between $97.99 and $99.66. Some brokerage firms have a lower target for the stock than the average, with one of them setting a price target as low as $99. On the other hand, one analyst is super bullish about the price, setting a target as high as $136.
The BR stock Stochastic Oscillator (%D) is at 21.53%, which means that it is currently oversold and its prices could jump very soon. The shares P/S ratio stands at 2.66 which compares to the 4.39 recorded by the industry or the 2.82 by the wider sector. The stock currently has an estimated price-earnings (P/E) multiple of 19.47, which is lower than the 27.1 multiple of 12-month price-earnings (P/E). The company’s earnings have gone up, with a quarterly increase rate of 16.8% over the past five years.
Analysts view Broadridge Financial Solutions, Inc. (NYSE:BR) as a Hold, with 2.5 consensus rating. Reuters surveyed 8 analysts that follow BR and found that 5 of those analysts rated the stock as a Hold. The remaining 3 were divided, with 3 analyst rating it as a Buy or a Strong Buy while 0 analysts advised investors to desist from buying Broadridge Financial Solutions, Inc. (BR) shares or sell it if they already own it.
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