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Howmet Aerospace (HWM)
NYSE:HWM
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HWM Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$52.61 - $120.71
Previous Close$112.76
Volume2.13M
Average Volume (3M)2.26M
Market Cap
$45.81B
Enterprise Value$48.73B
Total Cash (Recent Filing)$475.00M
Total Debt (Recent Filing)$3.39B
Price to Earnings (P/E)42.4
Beta1.11
Next Earnings
Jan 29, 2025EPS Estimate
$0.72Last Dividend Ex-Date
Nov 08, 2024Dividend Yield0.23%
Share Statistics
EPS (TTM)2.61
Shares Outstanding406,260,649
10 Day Avg. Volume1,775,240
30 Day Avg. Volume2,260,744
Standard Deviation0.13
R-Squared0.30
Alpha0.01
Financial Highlights & Ratios
PEG Ratio0.61
Price to Book (P/B)10.30
Price to Sales (P/S)6.19
Price to Cash Flow (P/CF)46.10
P/FCF Ratio69.50
Enterprise Value/Market CapN/A
Enterprise Value/Revenue6.70
Enterprise Value/Gross Profit26.10
Enterprise Value/Ebitda29.82
Forecast
1Y Price Target
$129.20Price Target Upside14.58% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering16
Howmet Aerospace News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceHWM delivered another beat and raise in 3Q24, with management confident about the multi-year production ramp within Commercial Aerospace, further supplemented by accelerating spares growth.
Growth PotentialThe company's management has raised 2024 spares to $1.25 billion, up approximately 15% from prior estimates, indicating strong future growth potential.
Market PositionHowmet is strongly positioned as the top supplier of IGT turbine blades to major companies, benefiting from the energy demand stemming from AI and data center power requirements.
Bears Say
Aerospace Build RatesAerospace build rates fail to meet OEM targets lowering HWM's growth profile and commercial transport business could be under pressure in a recession.
Growth TrajectoriesModest delays in growth trajectories for Engine Products and Fastening Systems are expected.
Supply Chain IssuesDue to supply chain issues, growth on the composite 787 and A350 programs is expected to be slower in 2025.
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Ownership Overview
1.14% Insiders
32.58% Mutual Funds
<0.01% Other Institutional Investors
42.43% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
ProductionRisks related to the company’s ability to manufacture goods and services
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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HWM FAQ
What was Howmet Aerospace’s price range in the past 12 months?
Howmet Aerospace lowest stock price was $52.61 and its highest was $120.71 in the past 12 months.
What is Howmet Aerospace’s market cap?
Currently, no data Available
When is Howmet Aerospace’s upcoming earnings report date?
Howmet Aerospace’s upcoming earnings report date is Jan 29, 2025 which is in 24 days.
How were Howmet Aerospace’s earnings last quarter?
Howmet Aerospace released its earnings results on Nov 06, 2024. The company reported $0.71 earnings per share for the quarter, beating the consensus estimate of $0.654 by $0.056.
Is Howmet Aerospace overvalued?
According to Wall Street analysts Howmet Aerospace’s price is currently Undervalued.
Does Howmet Aerospace pay dividends?
Howmet Aerospace pays a Quarterly dividend of $0.079 which represents an annual dividend yield of 0.23%. See more information on Howmet Aerospace dividends here
What is Howmet Aerospace’s EPS estimate?
Howmet Aerospace’s EPS estimate is $0.72.
How many shares outstanding does Howmet Aerospace have?
Howmet Aerospace has 406,260,650 shares outstanding.
What happened to Howmet Aerospace’s price movement after its last earnings report?
Howmet Aerospace reported an EPS of $0.71 in its last earnings report, beating expectations of $0.654. Following the earnings report the stock price went up 12.43%.
Which hedge fund is a major shareholder of Howmet Aerospace?
Among the largest hedge funds holding Howmet Aerospace’s share is Kensico Capital Management Corp. It holds Howmet Aerospace’s shares valued at 547M.
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Howmet Aerospace Stock Smart Score
Unlock Smart Score
1
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10
Analyst Consensus
Strong Buy
Average Price Target:
$129.20 (14.58% Upside)
$129.20 (14.58% Upside)
Blogger Sentiment
Bullish
HWM Sentiment 100%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 1.9M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.3%
Last 30 Days ▲ 7.9%
Last 30 Days ▲ 7.9%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
114.37%
12-Months-Change
Fundamentals
Return on Equity
25.72%
Trailing 12-Months
Asset Growth
3.86%
Trailing 12-Months
Company Description
Howmet Aerospace
Howmet Aerospace manufactures advanced engineered solutions tailored for the aerospace, defense, and transportation sectors. It focuses on jet engine components, aerospace fastening systems, and airframe structural components. The company also manufactures forged aluminum wheels for commercial transportation.
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HWM Company Deck
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HWM Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call reflected strong overall performance with significant growth in revenue, EBITDA, and earnings per share. Despite challenges in the Wheels and commercial transportation sectors, the company's robust performance in aerospace and strategic financial management, including debt reduction and share repurchases, contributed positively to the outlook.Read More>---
HWM Net sales Breakdown
49.26% Engine Products
20.27% Fastening Systems
17.23% Forged Wheels
13.24% Engineered Structures
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HWM Stock 12 Month Forecast
Average Price Target
$129.20
▲(14.58% Upside)
Technical Analysis
Best Analysts Covering HWM
1 Year
1 Year Success Rate
13/14 ratings generated profit
1 Year Average Return
+44.08%
reiterated a buy rating 2 months ago
Copying Kristine Liwag's trades and holding each position for 1 Year would result in 92.86% of your transactions generating a profit, with an average return of +44.08% per trade.
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