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Howmet Aerospace (DE:48Z)
FRANKFURT:48Z
Howmet Aerospace (48Z) Stock Price & Analysis
2 Followers
48Z Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€38.00 - €63.86
Previous Close€58.72
Volume100.00
Average Volume (3M)185.00
Market Cap
€24.69B
Enterprise Value€27.58B
Total Cash (Recent Filing)$610.00M
Total Debt (Recent Filing)$3.71B
Price to Earnings (P/E)N/A
Beta0.70
Next Earnings
May 02, 2024EPS Estimate
€0.49Last Dividend Ex-Date
Feb 08, 2024Dividend Yield0.28%
Share Statistics
EPS (TTM)N/A
Shares Outstanding410,303,651
10 Day Avg. Volume93
30 Day Avg. Volume185
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)-47.57
Price to Sales (P/S)3.74
Price to Cash Flow (P/CF)14.50
P/FCF Ratio14.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.15
Enterprise Value/Gross Profit14.77
Enterprise Value/Ebitda18.83
Forecast
1Y Price Target
€64.69Price Target Upside7.82% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering15
Howmet Aerospace News
PremiumCompany Announcements
Howmet Aerospace Highlights Commitment in 2023 ESG Report
Bulls Say, Bears Say
Bulls Say
Financial StrategyHWM continues to emphasize a balanced approach to capital allocation, focusing on leverage reduction, share repurchases, and dividends.
Leadership ImpactThe new Head of Engineered Structures has a strong track record at Precision Castparts, which could improve segment performance.
Management ExecutionHWM remains a top pick due to expected growth in profitability and strong management execution.
Bears Say
Cash Flow ProjectionsFree Cash Flow outlook for 2024 is projected lower than expected at $700-770M versus the model's $818M.
Cost ConcernsProductivity headwinds are expected to be a $55MM detriment, reflecting increased labor costs for delayed production rates.
Earnings RevisionLowering 2024 EPS to $2.10 from $2.18 to account for slower 737 MAX production rates.
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Options Prices
Currently, No data available
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Ownership Overview
0.00% Insiders
0.00% Mutual Funds
1.28% Other Institutional Investors
98.72% Public Companies and
Individual Investors
48Z FAQ
What was Howmet Aerospace’s price range in the past 12 months?
Howmet Aerospace lowest stock price was €38.00 and its highest was €63.86 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 May 02, 2024 which is in 3 days.
How were Howmet Aerospace’s earnings last quarter?
Howmet Aerospace released its earnings results on Feb 13, 2024. The company reported €0.497 earnings per share for the quarter, beating the consensus estimate of €0.436 by €0.061.
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 0.28%. See more information on Howmet Aerospace dividends here
What is Howmet Aerospace’s EPS estimate?
Howmet Aerospace’s EPS estimate is €0.49.
How many shares outstanding does Howmet Aerospace have?
Currently, no data Available
What happened to Howmet Aerospace’s price movement after its last earnings report?
Howmet Aerospace reported an EPS of €0.497 in its last earnings report, beating expectations of €0.436. Following the earnings report the stock price went up 4.171%.
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 309M.
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Howmet Aerospace Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
€64.69 (7.82% Upside)
€64.69 (7.82% Upside)
Blogger Sentiment
Bullish
DE:48Z Sentiment 100%
Sector Average 68%
Sector Average 68%
Insider Transactions
Sold Shares
Worth $3.0M over
the Last 3 Months
the Last 3 Months
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
51.27%
12-Months-Change
Fundamentals
Return on Equity
20.03%
Trailing 12-Months
Asset Growth
1.69%
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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48Z Company Deck
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48Z Earnings Call
Q4 2024
0:00 / 0:00
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48Z Net sales Breakdown
49.26% Engine Products
20.27% Fastening Systems
17.23% Forged Wheels
13.24% Engineered Structures
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48Z Stock 12 Months Forecast
Average Price Target
€64.69
▲(7.82% Upside)
Technical Analysis
Howmet Aerospace
―
Worthington Industries
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Carpenter Technology
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ATI
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Haynes International
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Best Analysts Covering 48Z
1 Year
1 Year Success Rate
9/9 ratings generated profit
1 Year Average Return
+31.32%
reiterated a buy rating 3 months ago
Copying Kristine Liwag'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 +31.32% per trade.
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