Howmet Aerospace Inc (NYSE: HWM) kicked off on Friday, up 1.89% from the previous trading day, before settling in for the closing price of $122.98. Over the past 52 weeks, HWM has traded in a range of $53.18-$124.15.
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
During the last 5-year period, the sales drop of Industrials Sector giant was -0.05%. While this was happening, its average annual earnings per share was recorded 45.12%. With a float of $401.75 million, this company’s outstanding shares have now reached $407.13 million.
Let’s determine the extent of company efficiency that accounts for 23200 employees. 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) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Aerospace & Defense Industry. The insider ownership of Howmet Aerospace Inc is 1.11%, while institutional ownership is 91.44%. 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) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.71 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 45.12% 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
Take a look at Howmet Aerospace Inc’s (HWM) current performance indicators. Last quarter, stock had a quick ratio of 0.98. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.00. Likewise, its price to free cash flow for the trailing twelve months is 50.80.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.61, a number that is poised to hit 0.72 in the next quarter and is forecasted to reach 3.19 in one year’s time.
Technical Analysis of Howmet Aerospace Inc (HWM)
Looking closely at Howmet Aerospace Inc (NYSE: HWM), its last 5-days average volume was 3.39 million, which is a jump from its year-to-date volume of 2.79 million. As of the previous 9 days, the stock’s Stochastic %D was 90.13%. Additionally, its Average True Range was 3.05.
During the past 100 days, Howmet Aerospace Inc’s (HWM) raw stochastic average was set at 97.30%, which indicates a significant increase from 94.70% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.52% in the past 14 days, which was lower than the 30.59% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $114.54, while its 200-day Moving Average is $93.53. However, in the short run, Howmet Aerospace Inc’s stock first resistance to watch stands at $126.81. Second resistance stands at $128.31. The third major resistance level sits at $130.37. If the price goes on to break the first support level at $123.25, it is likely to go to the next support level at $121.19. Should the price break the second support level, the third support level stands at $119.69.
Howmet Aerospace Inc (NYSE: HWM) Key Stats
The company with the Market Capitalisation of 50.90 billion has total of 406,261K Shares Outstanding. Its annual sales at the moment are 6,640 M in contrast with the sum of 765,000 K annual income. Company’s last quarter sales were recorded 1,835 M and last quarter income was 332,000 K.
