In the latest trading session,, 0.85 million Howmet Aerospace Inc (NYSE:HWM) shares changed hands as the company’s beta touched 1.37. With the company’s most recent per share price at $138.09 changing hands around $2.33 or 1.72% at last look, the market valuation stands at $55.85B. HWM’s current price is a discount, trading about -1.78% off its 52-week high of $140.55. The share price had its 52-week low at $64.71, which suggests the last value was 53.14% up since then. When we look at Howmet Aerospace Inc’s average trading volume, we note the 10-day average is 2.37 million shares, with the 3-month average coming to 2.99 million.
Analysts gave the Howmet Aerospace Inc (HWM) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.66. If we narrow down to specifics, the data shows that 0 out of 12 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 2 recommended HWM as a Hold, 10 felt it is a Buy and 0 rated the stock as Underweight. Howmet Aerospace Inc’s EPS for the current quarter is expected to be 0.78.
Howmet Aerospace Inc (NYSE:HWM) trade information
Instantly HWM is in green as seen in intraday trades today. With action 15.59%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 26.26%, with the 5-day performance at 15.59% in the green. However, in the 30-day time frame, Howmet Aerospace Inc (NYSE:HWM) is 4.28% up. Looking at the short shares, we see there were 10.84 million shares sold at short interest cover period of 3.57 days.
The consensus price target for the stock as assigned by Wall Street analysts is 124, meaning bulls need a downside of -11.36% from its recent market value. According to analyst projections, HWM’s forecast low is 118 with 130 as the target high. To hit the forecast high, the stock’s price needs a 5.86% surge from its current level, while the stock would need to tank 14.55% for it to hit the projected low.
Howmet Aerospace Inc (HWM) estimates and forecasts
Year-over-year growth is forecast to reach 8.79% up from the last financial year.
Consensus estimates given by 19 financial analysts project the company’s revenue in the current quarter to hit an average of 1.94B. 17 analysts are of the opinion that Howmet Aerospace Inc’s revenue for the current quarter will be 2.01B. The company’s revenue for the corresponding quarters a year ago was 1.82B and 1.88B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 6.62%. The estimates for the next quarter sales put growth at 6.75%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 22.24%. The 2025 estimates are for Howmet Aerospace Inc earnings to increase by 21.08%, but the outlook for the next 5-year period is at 19.20% per year.
HWM Dividends
Howmet Aerospace Inc is expected to release its next quarterly earnings report on 2025-Feb-12. The 0.22% annual yield figure for the share gives it an annual dividend of 0.31. It is important to note, however, that the 0.22% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.
Howmet Aerospace Inc (NYSE:HWM)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 1.09% of Howmet Aerospace Inc shares while 94.38% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 95.42%. There are 94.38% institutions holding the Howmet Aerospace Inc stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 11.1187% of the shares, roughly 45.36 million HWM shares worth $3.52 billion.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 10.3897% or 42.39 million shares worth $3.29 billion as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund . With 12.73 shares estimated at $1.75 billion under it, the former controlled 3.15% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard 500 Index Fund held about 2.72% of the shares, roughly 11.0 shares worth around $1.51 billion.
