Howmet Aerospace Inc (HWM) concluded trading on Wednesday at a closing price of $121.86, with 4.68 million shares of worth about $570.79 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 49.74% during that period and on January 15, 2025 the price saw a gain of about 2.24%. Currently the company’s common shares owned by public are about 407.13M shares, out of which, 401.76M shares are available for trading.
Stock saw a price change of 9.13% in past 5 days and over the past one month there was a price change of 7.18%. Year-to-date (YTD), HWM shares are showing a performance of 11.42% which increased to 119.41% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $53.18 but also hit the highest price of $120.71 during that period. The average intraday trading volume for Howmet Aerospace Inc shares is 2.33 million. The stock is currently trading 8.31% above its 20-day simple moving average (SMA20), while that difference is up 7.30% for SMA50 and it goes to 31.11% higher than SMA200.
Howmet Aerospace Inc (NYSE: HWM) currently have 407.13M outstanding shares and institutions hold larger chunk of about 91.43% of that.
The stock has a current market capitalization of $49.51B and its 3Y-monthly beta is at 1.49. PE ratio of stock for trailing 12 months is 46.65, while it has posted earnings per share of $2.61 in the same period. Its PEG reads 1.46 and has Quick Ratio of 0.98 while making debt-to-equity ratio of 0.79. 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 3.10% while standing at 2.46% over the month.
Stock’s fiscal year EPS is expected to rise by 45.12% while it is estimated to increase by 19.38% in next year. EPS is likely to grow at an annualized rate of 32.00% 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.
