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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$51.47 - $118.20
Previous Close$118.1
Volume2.59M
Average Volume (3M)2.28M
Market Cap
$47.13B
Enterprise Value$50.05B
Total Cash (Recent Filing)$475.00M
Total Debt (Recent Filing)$3.39B
Price to Earnings (P/E)44.4
Beta1.08
Next Earnings
Jan 29, 2025EPS Estimate
$0.71Last Dividend Ex-Date
Nov 08, 2024Dividend Yield0.2%
Share Statistics
EPS (TTM)2.61
Shares Outstanding406,260,649
10 Day Avg. Volume2,338,482
30 Day Avg. Volume2,276,266
Standard Deviation0.13
R-Squared0.28
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)10.79
Price to Sales (P/S)6.48
Price to Cash Flow (P/CF)48.30
P/FCF Ratio72.70
Enterprise Value/Market CapN/A
Enterprise Value/Revenue6.88
Enterprise Value/Gross Profit26.81
Enterprise Value/Ebitda30.63
Forecast
1Y Price Target
$123.59Price Target Upside5.65% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering18
Howmet Aerospace News
Bulls Say, Bears Say
Bulls Say
Defense And Nuclear DemandAnalyst raises the price objective to reflect strengthening defense demand and exposure to nuclear demand through IGT turbine blades.
Next-Generation EnginesHowmet Aerospace is expected to benefit from the global transition to next-generation engines, leading to continued strong demand for its products.
Orderbook OutlookThe orderbook outlook for Howmet products is anticipated to remain robust for years to come due to increased demand for spare engine parts and record backlogs.
Bears Say
Growth And Economic PressureAerospace build rates failing to meet OEM targets may lower growth potential, with commercial transport business facing risks in a recession.
Production And Supply ChainGE's twice-lowered 2024 LEAP production forecasts highlight risks associated with expected declines in Q3 engine output.
Production ForecastBoeing's recovery from the strike and skepticism about a 30% increase in commercial aircraft production casts doubt on future growth rates.
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Ownership Overview
1.14% Insiders
32.86% Mutual Funds
12.06% Other Institutional Investors
30.90% 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 $51.47 and its highest was $118.20 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 69 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 $0.08 which represents an annual dividend yield of 0.2%. See more information on Howmet Aerospace dividends here
What is Howmet Aerospace’s EPS estimate?
Howmet Aerospace’s EPS estimate is $0.71.
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
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Analyst Consensus
Strong Buy
Average Price Target:
$123.59 (5.65% Upside)
$123.59 (5.65% Upside)
Blogger Sentiment
Bullish
HWM Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 1.9M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $21.8M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days >0.1%
Last 30 Days ▲ 22.4%
Last 30 Days ▲ 22.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
130.11%
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
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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
$123.59
▲(5.65% Upside)
Technical Analysis
Best Analysts Covering HWM
1 Year
1 Year Success Rate
12/12 ratings generated profit
1 Year Average Return
+58.63%
assigned a buy rating 9 days ago
Copying Ronald Epstein's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +58.63% per trade.
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