Howmet Stock Analysis

HWM
 Stock
  

USD 38.90  0.49  1.28%   

The new bullish price patterns experienced by current Howmet AerospaceInc shareholders may raise some interest from stakeholders. The stock closed today at a share price of 38.90 on 2,346,374 in trading volume. The company directors and management have been very successful in rebalancing the firm assets at opportune times to take advantage of market volatility in November. The stock standard deviation of daily returns for 90 days investing horizon is currently 2.13. The current volatility is consistent with the ongoing market swings in November 2022 as well as with Howmet AerospaceInc unsystematic, company-specific events.
Please check Risk vs Return Analysis.
  
The Howmet AerospaceInc stock analysis report makes it easy to digest most publicly released information about Howmet AerospaceInc and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Howmet Stock analysis module also helps to analyze the Howmet AerospaceInc price relationship with some important fundamental indicators such as market cap and management efficiency.

Howmet Stock Analysis Notes

About 93.0% of the company shares are owned by institutional investors. The book value of Howmet AerospaceInc was currently reported as 7.77. The company has Price/Earnings To Growth (PEG) ratio of 0.8. Howmet AerospaceInc last dividend was issued on the 3rd of November 2022. The entity had 1334:1000 split on the 1st of November 2016. Howmet Aerospace Inc. provides advanced engineered solutions for the aerospace and transportation industries in the United States, Japan, France, Germany, the United Kingdom, Mexico, Italy, Canada, Poland, China, and internationally. The company was founded in 1888 and is based in Pittsburgh, Pennsylvania. Howmet Aerospace operates under Aerospace Defense classification in the United States and is traded on New York Stock Exchange. It employs 19900 people. To learn more about Howmet AerospaceInc call Tolga Oal at 412 553 1950 or check out https://www.howmet.com.

Howmet AerospaceInc Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Howmet AerospaceInc's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Howmet AerospaceInc or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Over 93.0% of the company shares are owned by institutional investors
On 25th of November 2022 Howmet AerospaceInc paid $ 0.04 per share dividend to its current shareholders

Howmet AerospaceInc Upcoming and Recent Events

Earnings reports are used by Howmet AerospaceInc to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Howmet AerospaceInc previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
Upcoming Quarterly Report2nd of February 2022
Next Financial Report5th of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End2nd of February 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

Howmet Largest EPS Surprises

Earnings surprises can significantly impact Howmet AerospaceInc's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2020-11-09
2020-09-300.050.03-0.0240 
2013-07-08
2013-06-300.190.210.0210 
2021-05-06
2021-03-310.190.220.0315 
View All Earnings Estimates

Howmet AerospaceInc SEC Filings

SEC filings are important regulatory documents required of all public companies to provide to potential investors. Howmet AerospaceInc prospectus issued under the guidelines of SEC is a legal declaration of facts and statements to ensure that Howmet AerospaceInc investors are not misled. SEC filings are required by law to meet strict transparency standards and other important legal constraints. Although many companies may choose careful wording to disguise some material information, SEC filings make crucial Howmet AerospaceInc specific information freely available to individual and institutional investors to make a timely investment decision.
9th of September 2022
Unclassified Corporate Event
View
31st of August 2022
Unclassified Corporate Event
View
4th of August 2022
Financial Statements and Exhibits. Results of Operations and Financial Condition
View
31st of May 2022
Submission of Matters to a Vote of Security Holders
View
23rd of May 2022
Financial Statements and Exhibits. Regulation FD Disclosure
View
3rd of May 2022
Financial Statements and Exhibits. Results of Operations and Financial Condition
View
8th of April 2022
Financial Statements and Exhibits. Regulation FD Disclosure
View
25th of March 2022
Other Events
View

Howmet Market Capitalization

The company currently falls under 'Large-Cap' category with total capitalization of 15.58 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Howmet AerospaceInc's market, we take the total number of its shares issued and multiply it by Howmet AerospaceInc's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Howmet Profitablity

Howmet AerospaceInc's profitability indicators refer to fundamental financial ratios that showcase Howmet AerospaceInc's ability to generate income relative to its revenue or operating costs. If, let's say, Howmet AerospaceInc is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Howmet AerospaceInc's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Howmet AerospaceInc's profitability requires more research than a typical breakdown of Howmet AerospaceInc's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of 0.08 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.18 %, which entails that for every 100 dollars of revenue, it generated 0.0 of operating income.
Last ReportedProjected for 2022
Return on Investment 9.13  9.85 
Return on Average Assets 2.38  2.57 
Return on Average Equity 7.28  7.86 
Return on Invested Capital 0.07  0.06 
Return on Sales 0.12  0.10 

Management Efficiency

The entity has Return on Asset of 0.0596 % which means that on every $100 spent on asset, it made $0.0596 of profit. This is way below average. In the same way, it shows return on shareholders equity (ROE) of 0.127 %, implying that it generated $0.127 on every 100 dollars invested. Howmet AerospaceInc management efficiency ratios could be used to measure how well howmet aerospaceinc manages its routine affairs as well as how well it operates its assets and liabilities. Howmet AerospaceInc Return on Investment is relatively stable at the moment as compared to the past year. The company's current value of Return on Investment is estimated at 9.85. Return on Average Assets is expected to hike to 2.57 this year, although the value of Return on Invested Capital will most likely fall to 0.06. Howmet AerospaceInc Revenue to Assets are relatively stable at the moment as compared to the past year. The company's current value of Revenue to Assets is estimated at 0.52. Total Assets Per Share is expected to hike to 24.87 this year, although the value of Goodwill and Intangible Assets will most likely fall to nearly 4.5 B.
Last ReportedProjected for 2022
Book Value per Share 8.16  8.37 
Enterprise Value over EBIT 29.00  26.58 
Enterprise Value over EBITDA 20.12  20.65 
Price to Book Value 3.88  3.15 
Tangible Assets Book Value per Share 13.03  13.37 
Enterprise Value17.2 B16.5 B
Tangible Asset Value5.6 B5.8 B

Technical Drivers

As of the 2nd of December, Howmet AerospaceInc retains the Downside Deviation of 2.09, market risk adjusted performance of 0.1101, and Risk Adjusted Performance of 0.0942. Howmet AerospaceInc technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We are able to interpolate and break down nineteen technical drivers for Howmet AerospaceInc, which can be compared to its competitors. Please check out Howmet AerospaceInc jensen alpha and downside variance to decide if Howmet AerospaceInc is priced fairly, providing market reflects its last-minute price of 38.9 per share. Given that Howmet AerospaceInc has jensen alpha of (0.015057), we strongly advise you to confirm Howmet AerospaceInc's regular market performance to make sure the company can sustain itself at a future point.

Howmet AerospaceInc Price Movement Analysis

Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Simple Moving Average indicator is calculated by adding the closing price of Howmet AerospaceInc for a given number of time periods and then dividing this total by the number of time periods. It is used to smooth out Howmet AerospaceInc short-term fluctuations and highlight longer-term trends or cycles.
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Howmet AerospaceInc Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Howmet AerospaceInc insiders, such as employees or executives, is commonly permitted as long as it does not rely on Howmet AerospaceInc's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Howmet AerospaceInc insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Joseph Cantie over a month ago via Macroaxis 
Acquisition by Joseph Cantie of 895 shares of Howmet Aerospace subject to Rule 16b-3
Michael Chanatry over a month ago via Macroaxis 
Acquisition by Michael Chanatry of 482 shares of Howmet Aerospace subject to Rule 16b-3
Michael Chanatry over three months ago via Macroaxis 
Acquisition by Michael Chanatry of 420 shares of Howmet Aerospace subject to Rule 16b-3
Michael Chanatry over three months ago via Macroaxis 
Acquisition by Michael Chanatry of 272 shares of Howmet Aerospace subject to Rule 16b-3
Lola Lin over three months ago via Macroaxis 
Payment of 2637 shares by Lola Lin of Howmet Aerospace subject to Rule 16b-3
Joseph Cantie over three months ago via Macroaxis 
Acquisition by Joseph Cantie of 964 shares of Howmet Aerospace subject to Rule 16b-3
Michael Chanatry over three months ago via Macroaxis 
Acquisition by Michael Chanatry of 312 shares of Howmet Aerospace subject to Rule 16b-3
Giacobbe Ken over three months ago via Macroaxis 
Exercise or conversion by Giacobbe Ken of 25570 shares of Howmet Aerospace subject to Rule 16b-3
Michael Chanatry over six months ago via Macroaxis 
Acquisition by Michael Chanatry of 273 shares of Howmet Aerospace subject to Rule 16b-3
Sharon Barner over six months ago via Macroaxis 
Acquisition by Sharon Barner of 4163 shares of Howmet Aerospace subject to Rule 16b-3
Michael Chanatry over six months ago via Macroaxis 
Howmet Aerospace exotic insider transaction detected
Michael Chanatry over six months ago via Macroaxis 
Acquisition by Michael Chanatry of 281 shares of Howmet Aerospace subject to Rule 16b-3

Howmet AerospaceInc Outstanding Bonds

Howmet AerospaceInc issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Howmet AerospaceInc uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Howmet bonds can be classified according to their maturity, which is the date when Howmet AerospaceInc has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Howmet AerospaceInc Predictive Daily Indicators

Howmet AerospaceInc intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Howmet AerospaceInc stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Howmet AerospaceInc Forecast Models

Howmet AerospaceInc time-series forecasting models is one of many Howmet AerospaceInc's stock analysis techniquest aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Howmet AerospaceInc's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Howmet Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Howmet AerospaceInc prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Howmet shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas, a specific sector, or an individual Stock such as Howmet AerospaceInc. By using and applying Howmet Stock analysis, traders can create a robust methodology for identifying Howmet entry and exit points for their positions.
Last ReportedProjected for 2022
Operating Margin 15.04  16.23 
EBITDA Margin 16.35  13.43 
Gross Margin 27.67  23.00 
Profit Margin 5.19  5.60 

Current Howmet Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Howmet analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Howmet analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
38.71Strong Buy7Odds
Howmet AerospaceInc current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Howmet analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Howmet stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Howmet AerospaceInc, talking to its executives and customers, or listening to Howmet conference calls.
Howmet Analyst Advice Details

Howmet Stock Analysis Indicators

Howmet AerospaceInc stock analysis indicators help investors evaluate how Howmet AerospaceInc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Howmet AerospaceInc shares will generate the highest return on investment. By understating and applying Howmet AerospaceInc stock analysis, traders can identify Howmet AerospaceInc position entry and exit signals to maximize returns.
Begin Period Cash Flow1611000000.00
Logo U R LimglogosUSHWM.png
Common Stock Shares Outstanding435471834.00
Total Stockholder Equity3508000000.00
DescriptionHowmet Aerospace Inc. provides advanced engineered solutions for the aerospace and transportation industries in the United States, Japan, France, Germany, the United Kingdom, Mexico,
Total Cashflows From Investing Activities107000000.00
Tax Provision66000000.00
Quarterly Earnings Growth Y O Y2.167
Property Plant And Equipment Net2575000000.00
Retained Earnings603000000.00
Cash And Short Term Investments720000000.00
Retained Earnings Total Equity603000000.00
Cash720000000.00
CodeHWM
Accounts Payable732000000.00
Net Debt3626000000.00
50 Day M A34.7358
Total Current Liabilities1253000000.00
Currency CodeUSD
Other Operating Expenses4142000000.00
Non Current Assets Total7482000000.00
Forward Price Earnings21.7391
Common Stock Total Equity422000000.00
Non Currrent Assets Other107000000.00
Please check Risk vs Return Analysis. You can also try Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

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Is Howmet AerospaceInc's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Howmet AerospaceInc. If investors know Howmet will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Howmet AerospaceInc listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
2.17
Market Capitalization
15.6 B
Quarterly Revenue Growth YOY
0.12
Return On Assets
0.0596
Return On Equity
0.13
The market value of Howmet AerospaceInc is measured differently than its book value, which is the value of Howmet that is recorded on the company's balance sheet. Investors also form their own opinion of Howmet AerospaceInc's value that differs from its market value or its book value, called intrinsic value, which is Howmet AerospaceInc's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Howmet AerospaceInc's market value can be influenced by many factors that don't directly affect Howmet AerospaceInc's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Howmet AerospaceInc's value and its price as these two are different measures arrived at by different means. Investors typically determine Howmet AerospaceInc value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Howmet AerospaceInc's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.