On Monday, Howmet Aerospace Inc (NYSE: HWM) opened higher 0.98% from the last session, before settling in for the closing price of $101.39. Price fluctuations for HWM have ranged from $42.94 to $106.93 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Industrials sector saw sales slided by -9.92%. Company’s average yearly earnings per share was noted 40.81% at the time writing. With a float of $403.63 million, this company’s outstanding shares have now reached $409.91 million.
The extent of productivity of a business whose workforce counts for 23200 workers is very important to gauge. In terms of profitability, gross margin is 27.73%, operating margin of 20.05%, and the pretax margin is 16.2%.
Howmet Aerospace Inc (HWM) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Aerospace & Defense industry is another important factor to consider. The insider ownership of Howmet Aerospace Inc is 1.11%, while institutional ownership is 92.30%. The most recent insider transaction that took place on Aug 23 ’24, was worth 6,847,749. In this transaction EVP, HR of this company sold 70,637 shares at a rate of $96.94, taking the stock ownership to the 92,687 shares. Before that another transaction happened on Aug 22 ’24, when Company’s EVP and CFO sold 154,909 for $96.58, making the entire transaction worth $14,960,414. This insider now owns 155,135 shares in total.
Howmet Aerospace Inc (HWM) Latest Financial update
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 0.46 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.43) by 0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.69 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 40.81% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 29.00% during the next five years compared to 7.22% growth over the previous five years of trading.
Howmet Aerospace Inc (NYSE: HWM) Trading Performance Indicators
Check out the current performance indicators for Howmet Aerospace Inc (HWM). In the past quarter, the stock posted a quick ratio of 0.74. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.89. Likewise, its price to free cash flow for the trailing twelve months is 42.99.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.26, a number that is poised to hit 0.65 in the next quarter and is forecasted to reach 3.10 in one year’s time.
Technical Analysis of Howmet Aerospace Inc (HWM)
The latest stats from [Howmet Aerospace Inc, HWM] show that its last 5-days average volume of 2.05 million was inferior to 2.96 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 29.73%. Additionally, its Average True Range was 2.05.
During the past 100 days, Howmet Aerospace Inc’s (HWM) raw stochastic average was set at 84.88%, which indicates a significant increase from 41.52% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.43% in the past 14 days, which was lower than the 33.12% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $98.90, while its 200-day Moving Average is $79.59. Now, the first resistance to watch is $102.88. This is followed by the second major resistance level at $103.39. The third major resistance level sits at $104.17. If the price goes on to break the first support level at $101.59, it is likely to go to the next support level at $100.81. The third support level lies at $100.30 if the price breaches the second support level.
Howmet Aerospace Inc (NYSE: HWM) Key Stats
There are currently 408,183K shares outstanding in the company with a market cap of 41.79 billion. Presently, the company’s annual sales total 6,640 M according to its annual income of 765,000 K. Last quarter, the company’s sales amounted to 1,880 M and its income totaled 266,000 K.
