Howmet Aerospace Inc [HWM] stock prices are up 12.43% to $114.86 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The HWM shares have gain 13.57% over the last week, with a monthly amount glided 11.53%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Howmet Aerospace Inc [NYSE: HWM] stock has seen the most recent analyst activity on October 24, 2024, when KeyBanc Capital Markets downgraded its rating to a Sector Weight. Previously, Susquehanna started tracking the stock with Positive rating on October 08, 2024, and set its price target to $120. On June 26, 2024, BTIG Research initiated with a Buy rating and assigned a price target of $95 on the stock. RBC Capital Mkts started tracking the stock assigning a Outperform rating and suggested a price target of $75 on March 18, 2024. Truist upgraded its rating to a Buy and raised its price target to $74 on January 10, 2024. Bernstein started tracking with a Outperform rating for this stock on January 05, 2024, and assigned it a price target of $67. In a note dated October 11, 2023, UBS initiated an Neutral rating and provided a target price of $51 on this stock.
The stock price of Howmet Aerospace Inc [HWM] has been fluctuating between $47.88 and $106.93 over the past year. Currently, Wall Street analysts expect the stock to reach $97.44 within the next 12 months. Howmet Aerospace Inc [NYSE: HWM] shares were valued at $114.86 at the most recent close of the market. An investor can expect a potential drop of -15.17% based on the average HWM price forecast.
Analyzing the HWM fundamentals
The Howmet Aerospace Inc [NYSE:HWM] reported sales of 7.09B for trailing twelve months, representing a surge of 14.08%. Gross Profit Margin for this corporation currently stands at -2.81% with Operating Profit Margin at 0.2%, Pretax Profit Margin comes in at 0.73%, and Net Profit Margin reading is 0.62%. To continue investigating profitability, this company’s Return on Assets is posted at 0.1, Equity is 0.25 and Total Capital is 0.04. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.0.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 108.90 points at the first support level, and at 102.93 for the second support level. However, for the 1st resistance point, the stock is sitting at 118.10, and for the 2nd resistance point, it is at 121.34.
Ratios To Look Out For
It’s worth pointing out that Howmet Aerospace Inc [NYSE:HWM]’s Current Ratio is 1.53. On the other hand, the Quick Ratio is 0.74, and the Cash Ratio is 0.31. Considering the valuation of this stock, the price to sales ratio is 6.61, the price to book ratio is 11.10 and price to earnings (TTM) ratio is 50.93.
Transactions by insiders
Recent insider trading involved Marchuk Neil Edward, EVP, HR, that happened on Aug 23 ’24 when 70637.0 shares were sold. EVP and CFO, Giacobbe Ken completed a deal on Aug 22 ’24 to sell 0.15 million shares. Meanwhile, Officer Marchuk Neil Edward bought 70637.0 shares on Aug 23 ’24.
