Since spin-off shares are down ~50% following the reveal of supply chain issues and a guidance cut from 7-9% to 4-5% organic growth. Those are a late reflection of HONA's further status as part of a conglomerate in our view. Mgmt acknowledged it had previously prioritized "efficiency" through, i.e., moving to single-sourcing. At 20x P/E, HONA is now at a roughly 50% discount to the sector. We believe 30x is a reasonable target multiple on normalized growth.
Honeywell Aerospace (HONA) reported earnings 30 days ago. What's next for the stock?
In an earnings season where many companies delivered standout results, Honeywell Aerospace NASDAQ: HONA stood out for the wrong reasons. The company delivered its first earnings report as a stand-alone company, and the results were underwhelming.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TJD Thomas John Drogan PR Inc.IPAL SECURITIES Inc. | 12,287 | $2.72M | $2M | -$712,277.43 | -26.22% |
| DI David Izzi Brown, LISLE/CUMMINGS Inc. | 8,229 | $1.82M | $1.35M | -$468,682.38 | -25.76% |
Timothy M. Bidwell Hazlett, BURT & WATSON Inc. | 1,618 | $356,267.42 | $261,015.76 | -$95,251.66 | -26.74% |
Curtis Ellergodt Rothschild Investment LLC | 37,938 | $8.39M | $5.95M | -$2.44M | -29.11% |
Tom McDonald Richards, MERRILL & PETERSON Inc. | 3,032 | $670,326 | $513,209.05 | -$157,116.95 | -23.44% |
| Aerospace & Defense Industry | Industrials Sector | James Currier CEO | NASDAQ (NGS) Exchange | 43849R105 CUSIP |
| US Country | 30,000 Employees | - Last Dividend | - Last Split | - IPO Date |
Honeywell Aerospace, Inc. is a prominent player in the aerospace and defense industry, specializing in critical systems and technologies essential for aircraft and defense applications. Founded in 1914 and headquartered in Phoenix, AZ, the company has established itself as a leader in innovation and reliability within the aerospace sector. The organization is structured into three primary segments: Electronic Solutions, Engines & Power Systems, and Control Systems, each focusing on delivering advanced solutions that enhance operational efficiency and safety in aviation.
This segment provides a wide range of aerospace electronic systems and technologies. Key offerings include:
This segment focuses on the manufacturing of propulsion systems and power solutions including:
This segment supplies crucial components that contribute to aircraft functionalities, including: