Honeywell International Inc.’s FY2022 earnings predictions from brokers. In our recent report, we estimated the future performance of Honeywell International Inc. (New York Stock Exchange: HON) in FY 2022. We did this by building a composite model based on multiple proprietary earning estimates provided by analysts, fundamental data, and various risk factors. These calculations resulted in what investors should expect to see in terms of Honeywell’s EPS growth, share price performance, and more. Our estimate is based on several assumptions which are set forth below along with our recommendations for potential investors in the company going forward. To better illustrate the results of our analysis, we have compared Honeywell to another peer group and compared this against our assumptions.
We believe it is important for an investor to view all data points in their context for them to be fully understood. In the following table, we have provided the historic EPS growth rate of each company in the peer group and our guidance of forecasted EPS growth going forward. Based on our estimates, Honeywell’s EPS will see a much quicker rise over FY 2022 than any of its peers in the peer group have projected. Our model predicts solid EPS growth in the future, however that may be subject to significant changes.
Honeywell International Stock Performance
Investors can also review our historical and forecasted performance of the stock over the last one year, three years, and five years. Our EPS estimates are based on a forward-looking analysis of the company’s current financial position, as well as projected financial performance. Investors may find it interesting to compare our predictions to those of other analysts. Based on our estimates, we believe HON will post a record EPS in FY 2022 and that the company will continue to grow its EPS at a healthy clip in the future.
Our EPS estimates represent our opinions of where the company will be in the future and serve as a basis for making investment decisions. Other people, who follow different strategies, may provide different estimates or make forecasts at various times in the future. The difference between our estimates and theirs is that all estimates are worth what people will pay for them. Even if all analysts agree on an earnings estimate, their estimates may not always be appropriate. This is because each analyst tries to correctly predict how their customers will react to new information and perform their basic operations during any given period.
Institutional Investors Weigh In On Honeywell International
With the recent announcement of a possible split, institutional investors are beginning to take notice. At Q2 earnings, the company’s stock price rose to an all-time high of $135.67 per share. Those who believe in the company’s fundamentals have indicated that this will be a sign of strength. After all, three separate companies make up Honeywell International; Honeywell Inc., which is responsible for manufacturing and providing services related to HVAC, building automation, and industrial systems; Wi-LAN Corp. Which provides wireless networking products with the “WIFI” name brand; and HON Global Operations BV (GOO Group), which is responsible for the sales operations of Honeywell International. Investors have been speculating as to which of these three companies will be the strongest performer in the coming years. In our opinion, GOO Group is likely to be the strongest performer because it generates revenue from the fastest-growing market segment and has a revenue stream that is expected to see above-average growth over time.
Honeywell International Inc. FY2022 Earnings Estimates from Brokers
For investors looking to take a hit, the company’s stock price has dropped to 6.59% at the time of writing, but for those willing to invest in Honeywell and the future, the sky is the limit. The key will be to decide which scenario is likely to prove more accurate. Analysts are often accused of being too optimistic, but this seems unlikely for analysts whose work relies on hard data and calculations. If we are correct, then investors may find that their expectations for the company’s earnings growth will be met very shortly. We do not doubt our minds that Honeywell will see a spike in EPS at some point over FY 2022. We found it interesting that other analysts had given us similar estimates as to when they think EPS may rise, but we differed on our timeframe.
