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Howmet Aerospace (HWM)
NYSE:HWM
Howmet Aerospace (HWM) Stock Price & Analysis
1,439 Followers
HWM Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$42.06 - $69.55
Previous Close$64.02
Volume786.83K
Average Volume (3M)3.46M
Market Cap
$25.65B
Enterprise Value$29.02B
Total Cash (Recent Filing)$610.00M
Total Debt (Recent Filing)$3.71B
Price to Earnings (P/E)34.6
Beta1.08
Next Earnings
May 02, 2024EPS Estimate
$0.52Last Dividend Ex-Date
Feb 08, 2024Dividend Yield0.28%
Share Statistics
EPS (TTM)1.83
Shares Outstanding410,303,651
10 Day Avg. Volume3,469,192
30 Day Avg. Volume3,461,639
Standard Deviation0.12
R-Squared0.31
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)-47.06
Price to Sales (P/S)15.05
Price to Cash Flow (P/CF)14.30
P/FCF Ratio14.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue4.37
Enterprise Value/Gross Profit15.55
Enterprise Value/Ebitda19.81
Forecast
1Y Price Target
$70.43Price Target Upside11.19% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering14
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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Ownership Overview
15.75% Insiders
34.92% Mutual Funds
21.41% Other Institutional Investors
27.92% 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 $42.06 and its highest was $69.55 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 14 days.
How were Howmet Aerospace’s earnings last quarter?
Howmet Aerospace released its earnings results on Feb 13, 2024. The company reported $0.53 earnings per share for the quarter, beating the consensus estimate of $0.465 by $0.065.
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 $0.52.
How many shares outstanding does Howmet Aerospace have?
Howmet Aerospace has 408,382,600 shares outstanding.
What happened to Howmet Aerospace’s price movement after its last earnings report?
Howmet Aerospace reported an EPS of $0.53 in its last earnings report, beating expectations of $0.465. Following the earnings report the stock price went up 5.354%.
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:
$70.43 (11.19% Upside)
$70.43 (11.19% Upside)
Blogger Sentiment
Bullish
HWM Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 3.6M 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 ▲ 2.0%
Last 30 Days ▲ 7.4%
Last 30 Days ▲ 7.4%
Technicals
SMA
Positive
20 days / 200 days
Momentum
51.04%
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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HWM Company Deck
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HWM Earnings Call
Q4 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 Months Forecast
Average Price Target
$70.43
▲(11.19% Upside)
Technical Analysis
Best Analysts Covering HWM
1 Year
1 Year Success Rate
9/9 ratings generated profit
1 Year Average Return
+30.70%
reiterated a buy rating 2 months ago
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