Howmet Aerospace Inc (NYSE: HWM) on Friday, soared 1.35% from the previous trading day, before settling in for the closing price of $109.35. Within the past 52 weeks, HWM’s price has moved between $52.56 and $120.71.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Industrials Sector giant saw their annual sales slid by -9.92% over the last five years. The company achieved an average annual earnings per share of 44.74%. With a float of $401.76 million, this company’s outstanding shares have now reached $407.13 million.
The firm has a total of 23200 workers. Let’s measure their productivity. In terms of profitability, gross margin is 28.53%, operating margin of 21.13%, and the pretax margin is 17.35%.
Howmet Aerospace Inc (HWM) Breakdown of a Key Holders of the stock
Observing investor behavior towards Aerospace & Defense industry stocks is more important than anything else. The insider ownership of Howmet Aerospace Inc is 1.11%, while institutional ownership is 91.50%. 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) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.7 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 44.74% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 32.00% 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
Howmet Aerospace Inc (HWM) is currently performing well based on its current performance indicators. A quick ratio of 0.98 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.28. Likewise, its price to free cash flow for the trailing twelve months is 45.54.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.61, a number that is poised to hit 0.71 in the next quarter and is forecasted to reach 3.18 in one year’s time.
Technical Analysis of Howmet Aerospace Inc (HWM)
Analysing the last 5-days average volume posted by the [Howmet Aerospace Inc, HWM], we can find that recorded value of 3.17 million was better than the volume posted last year of 2.9 million. As of the previous 9 days, the stock’s Stochastic %D was 18.51%. Additionally, its Average True Range was 2.69.
During the past 100 days, Howmet Aerospace Inc’s (HWM) raw stochastic average was set at 72.03%, which indicates a significant increase from 25.04% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.37% in the past 14 days, which was lower than the 31.89% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $110.52, while its 200-day Moving Average is $89.48. Now, the first resistance to watch is $112.04. This is followed by the second major resistance level at $113.24. The third major resistance level sits at $115.10. If the price goes on to break the first support level at $108.98, it is likely to go to the next support level at $107.12. Now, if the price goes above the second support level, the third support stands at $105.92.
Howmet Aerospace Inc (NYSE: HWM) Key Stats
Market capitalization of the company is 45.64 billion based on 406,261K outstanding shares. Right now, sales total 6,640 M and income totals 765,000 K. The company made 1,835 M in profit during its latest quarter, and 332,000 K in sales during its previous quarter.
