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Howmet Aerospace (HWM)
NYSE:HWM
Howmet Aerospace (HWM) Stock Price & Analysis
1,471 Followers
HWM Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$42.03 - $83.17
Previous Close$82.93
Volume1.33M
Average Volume (3M)3.51M
Market Cap
$33.85B
Enterprise Value$36.95B
Total Cash (Recent Filing)$610.00M
Total Debt (Recent Filing)$3.71B
Price to Earnings (P/E)40.0
Beta1.10
Next Earnings
Aug 01, 2024EPS Estimate
$0.6Last Dividend Ex-Date
May 09, 2024Dividend Yield0.22%
Share Statistics
EPS (TTM)2.07
Shares Outstanding408,183,459
10 Day Avg. Volume2,838,925
30 Day Avg. Volume3,510,903
Standard Deviation0.12
R-Squared0.31
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)-60.37
Price to Sales (P/S)5.10
Price to Cash Flow (P/CF)18.40
P/FCF Ratio18.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue5.56
Enterprise Value/Gross Profit19.79
Enterprise Value/Ebitda25.22
Forecast
1Y Price Target
$83.56Price Target Upside0.76% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering16
Howmet Aerospace News
Bulls Say, Bears Say
Bulls Say
Earnings And Financial HealthImpressive first quarter results show Howmet Aerospace significantly exceeding expectations with robust revenue growth and higher than anticipated earnings per share and free cash flow.
Guidance And Market PositionAnalyst raises Howmet Aerospace's price objective based on strong first quarter performance and the company's upwardly revised guidance, reflecting confidence in its growth within the Commercial Aerospace and Defense sectors.
Shareholder ValueHowmet Aerospace demonstrates its financial strength and commitment to shareholders with a substantial stock repurchase and the potential for further capital allocation to enhance shareholder returns.
Bears Say
Cash Flow ConcernsFree Cash Flow outlook for 2024 is projected lower than expected at $700-770M versus the model's $818M.
Earnings ForecastLowering 2024 EPS to $2.10 from $2.18 to account for slower 737 MAX production rates.
Operational ChallengesProductivity headwinds are expected to be a $55MM detriment, reflecting increased labor costs for delayed production rates.
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Ownership Overview
15.77% Insiders
35.35% Mutual Funds
33.10% Other Institutional Investors
15.77% 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 $42.03 and its highest was $83.17 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 Aug 01, 2024 which is in 74 days.
How were Howmet Aerospace’s earnings last quarter?
Howmet Aerospace released its earnings results on May 02, 2024. The company reported $0.57 earnings per share for the quarter, beating the consensus estimate of $0.518 by $0.052.
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 $0.05 which represents an annual dividend yield of 0.22%. See more information on Howmet Aerospace dividends here
What is Howmet Aerospace’s EPS estimate?
Howmet Aerospace’s EPS estimate is $0.6.
How many shares outstanding does Howmet Aerospace have?
Howmet Aerospace has 408,183,470 shares outstanding.
What happened to Howmet Aerospace’s price movement after its last earnings report?
Howmet Aerospace reported an EPS of $0.57 in its last earnings report, beating expectations of $0.518. Following the earnings report the stock price went up 15.448%.
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 386M.
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Howmet Aerospace Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$83.56 (0.76% Upside)
$83.56 (0.76% Upside)
Blogger Sentiment
Bullish
HWM Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 3.9M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $3.0M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 3.6%
Last 30 Days ▲ 12.8%
Last 30 Days ▲ 12.8%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
86.27%
12-Months-Change
Fundamentals
Return on Equity
21.92%
Trailing 12-Months
Asset Growth
2.32%
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
Q1 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
$83.56
▲(0.76% Upside)
Technical Analysis
Best Analysts Covering HWM
1 Year
1 Year Success Rate
10/10 ratings generated profit
1 Year Average Return
+53.71%
reiterated a buy rating 15 days ago
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