Momentum Stocks Try To Beat Analysts’ Views: Honeywell International (NYSE:HON), USG Corporation (NYSE:USG)

Honeywell International Inc. (NYSE:HON) [Trend Analysis] luring active investment momentum, shares an increase 0.28% to $116.18. Finally, analysts shed their light over the HON price targets; maintaining price high target of 140 while at average the price target was 126.81 in contrast with the current price of 116.50. The price targets are usually acts as the boosters or blasters in the performance of stock. A higher price target would definitely provide confidence to investors during the trading action, consideration given by Wall Street Journal.

So does the rankings given by analysts; let us highlight rankings table and we had 14 analysts recommending BUY ratings for current month and for previous month 14 stands on similar situation; while 6 for the current month as compared to 6 analysts recommending for HOLD from the pool for previous month. While 4 stands at overweight. For the overall, consensus ratings were for Overweight.

The total volume of 3.01 Million shares held in the session was surprisingly higher than its average volume of 3892.23 shares. EPS estimates indicating constrictive facts, the current year from sell-side analysts, Price to current year EPS stands at 13.30%, and looking further price to next year’s EPS is 6.89%. While take a short look on price to sales ratio, that was 2.25 and price to earnings ratio of 18.10 attracting passive investors.

Shares of USG Corporation (NYSE:USG) [Trend Analysis] runs in leading trade, it surging 1.73% to traded at $29.38. The firm has price volatility of 1.90% for a week and 2.51% for a month. Its beta stands at 1.47 times. Fundamentalist can give brighter side of a picture but an analyst can glow the darker parts stored in any investment. Let us view how analysts have ranked USG in recent few months. In ratings table the USG given BUY ratings by 8 analysts in current phase and 1 analyst suggest it as overweight security. The 1 number of analyst/s have SELL recommendation for current month on USG. While 10 number of analysts gave ratings for HOLD in current. As per remarks given by WSJ, overall consensus pool recommend it as Overweight security.

The stock was assessed in terms of profitability as current quarter EPS estimate trends showed $0.36 at current month while compared with $0.35 in a month ago. The stock next year first quarter current estimate trend for EPS was for $0.49 and on annual basis FY 2016 estimate trends at current was for $1.69 as compared to one month ago of $1.69, and for next year per share earnings estimates have $2.06.

Narrow down four to firm performance, its weekly performance was -3.25% and monthly performance was 0.84%. The stock price of USG is moving down from its 20 days moving average with -1.95% and isolated positively from 50 days moving average with 5.13%.


About Blake Escott

Blake Escott holds junior writer position in SWR. Before joining Streetwise Report, he was a freelance content Writer. He has high-level copywriting experience and particularly experienced in proofreading and editing. He covers news about different companies including all US market sectors. Interests: Commodities, Energy stocks, Sector-wise Stocks analysis, Utilities

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