Company Update (NYSE:HON): Honeywell and U.S. Space & Rocket Center Ignite Singaporean Teachers’ Passion for STEM Education
July 05, 2016 at 08:05 AM EDT
[PR Newswire] – SINGAPORE, July 5, 2016 /PRNewswire/ — The U.S. Space & Rocket Center (USSRC) and its long-term partner Honeywell (HON) hosted more than 200 teachers from 25 countries, including one from Singapore, and 36 U.S. states and territories at the Honeywell Educators at Space Academy (HESA), over two consecutive weeks from in June, 2016. Over the past years, five middle school teachers from Singapore have received scholarships to attend this program. The award-winning scholarship program, created by Honeywell Hometown Solutions in partnership with USSRC, is designed to help middle school math and science teachers be more effective at teaching science, technology, engineering and math (STEM) subjects. Read more on this. Honeywell International Inc. (HON) , valued at $87.72B, began trading this morning at $115.87. Today’s price range has been between $114.99 and $116.46 per share with the price of the stock fluctuating between $87.00 to $118.53 over the last 52 weeks. Priced at 17.49x this year’s forecasted earnings, HON shares are relatively expensive compared to the industry’s 13.71x forward p/e ratio. The company pays shareholders $2.38 per share in dividend income per year, for a current yield of 2.04%. Consensus earnings for the current quarter by the 18 sell-side analysts covering the stock is an estimate of $1.64 per share, which would be $0.13 better than the year-ago quarter and a $0.00 sequential decrease. What we find to be interesting is that the full-year EPS estimate of $6.66 is a $0.56 improvement when compared to the previous year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $10.13 Billion. If reported, that would be a 3.58% increase over the year-ago quarter. In terms of ratings, UBS Initiated HON at Neutral (Jan 22, 2015). Previously, Stifel Nicolaus Initiated HON at to Buy. The average price target for HON shares by the analysts covering the stock is $125.18, which is 8.03% above where the stock opened this morning. See more in (NYSE:HON) Similar Articles: Stock Update: Honeywell International Inc (NYSE:HON) – Honeywell And NASA Put STEM Education In ‘Motion’ For Arizona Middle Schools Market Update: Honeywell International Inc (NYSE:HON) – Honeywell And NASA Put STEM Education In ‘Motion’ For Arizona Middle Schools Market Update: Honeywell International Inc (NYSE:HON) – Honeywell and NASA Put STEM Education in ‘Motion’ with FMA Live!