IonQ vs Honeywell International Which Is More Profitable?

IonQ and Honeywell International are two prominent companies in the field of quantum computing. IonQ is a leading player in the development of quantum computers with its focus on trapped-ion technology, while Honeywell International is known for its versatile portfolio of products and services across various industries, including quantum computing. Investors looking to capitalize on the potential growth of quantum computing may find both IonQ and Honeywell International stocks to be attractive options for their portfolios.

IonQ or Honeywell International?

When comparing IonQ and Honeywell International, different investors may prioritize various metrics based on their investment strategies and goals. So, ask yourself what type of investor you are. This will guide you in determining which metrics are most important for your investment decision between IonQ and Honeywell International.

Dividend Investors:

Dividend investors look for stable and growing income streams, using dividend metrics to assess potential investments. A company's dividend yield essentially measures the size of its dividend relative to the total market value of the company. IonQ has a dividend yield of -%, while Honeywell International has a dividend yield of 1.91%. Beyond the yield itself, considering the growth and sustainability of these dividends is also crucial. IonQ reports a 5-year dividend growth of 0.00% year and a payout ratio of -0.02%. On the other hand, Honeywell International reports a 5-year dividend growth of 6.42% year and a payout ratio of 50.54%.

Value Investors:

Value investors focus on financial metrics to determine a stock's intrinsic value compared to its market value. The Price-to-Earnings (P/E) Ratio links stock price to a company's earnings per share, with IonQ P/E ratio at -41.19 and Honeywell International's P/E ratio at 26.22. Another crucial valuation metric is the Price-to-Book (P/B) Ratio, which compares stock price with book value per share. IonQ P/B ratio is 16.22 while Honeywell International's P/B ratio is 8.56.

Growth Investors:

Growth investors prioritize metrics indicative of a company's expansion potential. Focusing on top-line growth, IonQ has seen a 5-year revenue growth of 1.17%, while Honeywell International's is -0.02%. Return on Equity (ROE) measures how effectively a company uses equity investment to generate earnings, with IonQ's ROE at -36.82% and Honeywell International's ROE at 34.10%.

Retail Investors:

Retail investors often consider stock affordability and company familiarity. For example, day low prices are $32.62 for IonQ and $224.58 for Honeywell International. Over the past year, IonQ's prices ranged from $6.22 to $38.45, with a yearly change of 518.15%. Honeywell International's prices fluctuated between $189.66 and $242.77, with a yearly change of 28.00%. Brand recognition also plays a role, as familiarity with a company can influence investment decisions.