Is Howmet Aerospace Inc (NYSE: HWM) Proving The Doubters Wrong?

Howmet Aerospace Inc (HWM) concluded trading on Wednesday at a closing price of $114.86, with 5.77 million shares of worth about $662.35 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 41.07% during that period and on November 06, 2024 the price saw a gain of about 12.43%. Currently the company’s common shares owned by public are about 409.91M shares, out of which, 403.63M shares are available for trading.

Stock saw a price change of 13.57% in past 5 days and over the past one month there was a price change of 11.53%. Year-to-date (YTD), HWM shares are showing a performance of 112.23% which increased to 135.71% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $47.88 but also hit the highest price of $106.93 during that period. The average intraday trading volume for Howmet Aerospace Inc shares is 2.19 million. The stock is currently trading 11.32% above its 20-day simple moving average (SMA20), while that difference is up 15.15% for SMA50 and it goes to 41.38% higher than SMA200.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Howmet Aerospace Inc (NYSE: HWM) currently have 409.91M outstanding shares and institutions hold larger chunk of about 92.43% of that.

The stock has a current market capitalization of $46.88B and its 3Y-monthly beta is at 1.46. PE ratio of stock for trailing 12 months is 50.93, while it has posted earnings per share of $2.26 in the same period. Its PEG reads 1.76 and has Quick Ratio of 0.74 while making debt-to-equity ratio of 0.89. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for HWM, volatility over the week remained 3.24% while standing at 2.17% over the month.

Stock’s fiscal year EPS is expected to rise by 41.12% while it is estimated to increase by 19.53% in next year. EPS is likely to grow at an annualized rate of 29.00% for next 5-years, compared to annual growth of 7.22% made by the stock over the past 5-years.

Coverage by Susquehanna stated Howmet Aerospace Inc (HWM) stock as a Positive in their note to investors on October 08, 2024, suggesting a price target of $120 for the stock. On June 26, 2024, BTIG Research Initiated their recommendations, while on March 18, 2024, RBC Capital Mkts Initiated their ratings for the stock with a price target of $75. Stock get a Buy rating from Truist on January 10, 2024.

Most Popular

Related Posts