The key reasons why Howmet Aerospace Inc (HWM) is 0.12% away from 52-week high?

As on Wednesday, Howmet Aerospace Inc (NYSE: HWM) got off with the flyer as it spiked 0.40% to $99.72, before settling in for the price of $99.32 at the close. Taking a more long-term approach, HWM posted a 52-week range of $42.94-$99.60.

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The Industrials Sector giants’ yearly sales growth during the last 5-year period was -9.92%. Meanwhile, its Annual Earning per share during the time was 7.22%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 39.87%. This publicly-traded company’s shares outstanding now amounts to $409.91 million, simultaneously with a float of $403.67 million. The organization now has a market capitalization sitting at $40.70 billion. At the time of writing, stock’s 50-day Moving Average stood at $92.12, while the 200-day Moving Average is $73.97.

Howmet Aerospace Inc (HWM) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Aerospace & Defense industry. Howmet Aerospace Inc’s current insider ownership accounts for 1.10%, in contrast to 92.14% institutional ownership. According to the most recent insider trade that took place on Aug 23 ’24, this organization’s EVP, HR sold 70,637 shares at the rate of 96.94, making the entire transaction reach 6,847,749 in total value, affecting insider ownership by 92,687. Preceding that transaction, on Aug 22 ’24, Company’s EVP and CFO sold 154,909 for 96.58, making the whole transaction’s value amount to 14,960,414. This particular insider is now the holder of 155,135 in total.

Howmet Aerospace Inc (HWM) Earnings and Revenue Records

Howmet Aerospace Inc’s EPS increase for this current 12-month fiscal period is 39.87% and is forecasted to reach 3.13 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 26.30% through the next 5 years, which can be compared against the 7.22% growth it accomplished over the previous five years trading on the market.

Howmet Aerospace Inc (NYSE: HWM) Trading Performance Indicators

Let’s observe the current performance indicators for Howmet Aerospace Inc (HWM). It’s Quick Ratio in the last reported quarter now stands at 0.74. The Stock has managed to achieve an average true range (ATR) of 2.18. Alongside those numbers, its PE Ratio stands at $44.22, and its Beta score is 1.47. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 5.74. Similarly, its price to free cash flow for trailing twelve months is now 41.87.

In the same vein, HWM’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 2.26, a figure that is expected to reach 0.65 in the next quarter, and analysts are predicting that it will be 3.13 at the market close of one year from today.

Technical Analysis of Howmet Aerospace Inc (HWM)

Through scrutinizing the latest numbers posted by the [Howmet Aerospace Inc, HWM], it can be observed that its last 5-days Average volume of 3.15 million was better the volume of 3.09 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 93.80% While, its Average True Range was 2.06.

Raw Stochastic average of Howmet Aerospace Inc (HWM) in the period of the previous 100 days is set at 96.66%, which indicates a major rise in contrast to 91.93% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 21.38% that was lower than 33.73% volatility it exhibited in the past 100-days period.