EPS Estimates Lure Passive Investments: Honeywell International (NYSE:HON), Chicago Bridge & Iron (NYSE:CBI)

Honeywell International Inc. (NYSE:HON) [Trend Analysis] try to make new thrust in street and making different trends, stocks trading ended with 0.02% to $125.52. Finally, analysts shed their light over the HON price targets; maintaining price high target of 148 while at average the price target was 134.70 in contrast with the current price of 125.52. 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 share price of HON attracts active investors, as stock price of week volatility recorded 0.96%. The stock is going forward to its 52-week low with 20.61% and lagging behind from its 52-week high price with -1.57%.

Chicago Bridge & Iron Company N.V. (NYSE:CBI) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it 0.90% to close at $29.02 with the total traded volume of 1.1 Million shares. 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 CBI in recent few months. In ratings table the CBI given BUY ratings by 6 analysts in current phase and 1 analyst suggest it as overweight security. The 1 number of analyst/s has SELL recommendation for current month on CBI. While 9 number of analysts gave ratings for HOLD in current as compared to 1 analyst giving UNDERWEIGHT. As per remarks given by WSJ, overall consensus pool recommends it as Overweight security.

The stock was assessed in terms of profitability as current quarter EPS estimate trends showed $0.93 at current month while compared with $1 in a month ago. The stock next year first quarter current estimate trend for EPS was for $1.02 and on annual basis FY 2016 estimate trends at current was for $4.24 as compared to one month ago of $4.48, and for next year per share earnings estimates have $4.60.

The firm has institutional ownership of 67.50%, while insider ownership included 1.40%. Its price to sales ratio ended at 0.27. CBI attains analyst recommendation of 2.50 with week’s performance of -4.54%.


About Richard Avery

He is a capital projects manager and process design engineer at a large-cap company. He has renowned MBA degree. Before joining SWR, he was a freelance writer for renounce tech websites. He is currently studying for CFP exam. Interests: Tech stocks, Economic Markets, Blue-chips.

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