Latest news with #Howmet
Yahoo
7 hours ago
- Business
- Yahoo
Howmet (HWM) Surpasses Market Returns: Some Facts Worth Knowing
In the latest close session, Howmet (HWM) was up +1.09% at $181.42. This move outpaced the S&P 500's daily gain of 0.61%. Elsewhere, the Dow gained 0.49%, while the tech-heavy Nasdaq added 0.95%. The stock of maker of engineered products for the aerospace and other industries has risen by 6.43% in the past month, leading the Aerospace sector's gain of 1.1% and the S&P 500's gain of 3.85%. Investors will be eagerly watching for the performance of Howmet in its upcoming earnings disclosure. The company is forecasted to report an EPS of $0.87, showcasing a 29.85% upward movement from the corresponding quarter of the prior year. In the meantime, our current consensus estimate forecasts the revenue to be $1.99 billion, indicating a 5.78% growth compared to the corresponding quarter of the prior year. Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $3.47 per share and revenue of $8.06 billion. These totals would mark changes of +29% and +8.53%, respectively, from last year. Investors should also note any recent changes to analyst estimates for Howmet. These revisions typically reflect the latest short-term business trends, which can change frequently. As such, positive estimate revisions reflect analyst optimism about the business and profitability. Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system. The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.33% higher. Howmet currently has a Zacks Rank of #1 (Strong Buy). Digging into valuation, Howmet currently has a Forward P/E ratio of 51.77. This represents a premium compared to its industry average Forward P/E of 24.54. It is also worth noting that HWM currently has a PEG ratio of 2.72. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Aerospace - Defense industry currently had an average PEG ratio of 2.05 as of yesterday's close. The Aerospace - Defense industry is part of the Aerospace sector. This industry, currently bearing a Zacks Industry Rank of 60, finds itself in the top 25% echelons of all 250+ industries. The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Keep in mind to rely on to watch all these stock-impacting metrics, and more, in the succeeding trading sessions. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Howmet Aerospace Inc. (HWM) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
5 days ago
- Business
- Yahoo
Jim Cramer on Howmet Aerospace: 'Likely to Finish the Year Dramatically Higher'
Howmet Aerospace Inc. (NYSE:HWM) is one of the 25 stocks Jim Cramer recently shared insights on. During the episode, Cramer noted that it is one of the stocks investors should consider. He said: 'But what do we do with the very different set of winners for the first half? I want you to consider the GE Vernovas and the Howmets and the Palantirs, the stocks that are likely to finish the year dramatically higher from these exalted levels. What do you do with the stocks that have been on a run nonstop for 26 weeks, though? I think you send them on one of those two-week vacations like that Southeast Asia, Cape Town, maybe New Zealand. You pay no attention to them. Let them have a good time. Just take them off your screen, come back to them when the rotations run its course.' Engineers examining stress tests of an aircraft engine, working to make sure its ready for flight. Howmet (NYSE:HWM) delivers advanced components and solutions for aerospace and transportation, including engine parts, fastening systems, engineered structures, and forged aluminum wheels. The company serves both commercial and defense sectors globally. During a March episode, Cramer mentioned the company stock and said: 'Finally, there are the industrials, again, a group that's prone to failure during a recession. See my point? These are all oddities, right?… Then it's followed by GE Aerospace and Howmet, which makes fasteners for planes. These are both part of the aerospace bull market, which is still going on. It's a quiet one that shows no sign of quitting at all.' While we acknowledge the potential of HWM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None.
Yahoo
6 days ago
- Business
- Yahoo
Why Howmet (HWM) Outpaced the Stock Market Today
Howmet (HWM) closed the most recent trading day at $181.06, moving +2.9% from the previous trading session. This move outpaced the S&P 500's daily gain of 0.83%. At the same time, the Dow added 0.77%, and the tech-heavy Nasdaq gained 1.02%. The maker of engineered products for the aerospace and other industries's shares have seen an increase of 1.16% over the last month, not keeping up with the Aerospace sector's gain of 2.79% and the S&P 500's gain of 4.99%. The upcoming earnings release of Howmet will be of great interest to investors. It is anticipated that the company will report an EPS of $0.87, marking a 29.85% rise compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $1.99 billion, up 5.78% from the year-ago period. For the annual period, the Zacks Consensus Estimates anticipate earnings of $3.47 per share and a revenue of $8.06 billion, signifying shifts of +29% and +8.53%, respectively, from the last year. Any recent changes to analyst estimates for Howmet should also be noted by investors. Such recent modifications usually signify the changing landscape of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability. Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system. The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.33% increase. Right now, Howmet possesses a Zacks Rank of #1 (Strong Buy). Valuation is also important, so investors should note that Howmet has a Forward P/E ratio of 50.76 right now. Its industry sports an average Forward P/E of 24.21, so one might conclude that Howmet is trading at a premium comparatively. One should further note that HWM currently holds a PEG ratio of 2.67. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Aerospace - Defense industry currently had an average PEG ratio of 2.02 as of yesterday's close. The Aerospace - Defense industry is part of the Aerospace sector. This industry currently has a Zacks Industry Rank of 65, which puts it in the top 27% of all 250+ industries. The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Keep in mind to rely on to watch all these stock-impacting metrics, and more, in the succeeding trading sessions. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Howmet Aerospace Inc. (HWM) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
02-07-2025
- Business
- Yahoo
Howmet (HWM) Falls More Steeply Than Broader Market: What Investors Need to Know
Howmet (HWM) closed the most recent trading day at $176.22, moving -5.32% from the previous trading session. This move lagged the S&P 500's daily loss of 0.11%. Meanwhile, the Dow gained 0.91%, and the Nasdaq, a tech-heavy index, lost 0.82%. Coming into today, shares of the maker of engineered products for the aerospace and other industries had gained 7.81% in the past month. In that same time, the Aerospace sector gained 5.27%, while the S&P 500 gained 5.17%. The investment community will be closely monitoring the performance of Howmet in its forthcoming earnings report. It is anticipated that the company will report an EPS of $0.87, marking a 29.85% rise compared to the same quarter of the previous year. Alongside, our most recent consensus estimate is anticipating revenue of $1.99 billion, indicating a 5.92% upward movement from the same quarter last year. Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $3.47 per share and revenue of $8.06 billion. These totals would mark changes of +29% and +8.48%, respectively, from last year. Investors should also take note of any recent adjustments to analyst estimates for Howmet. These revisions typically reflect the latest short-term business trends, which can change frequently. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits. Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system. The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.33% higher. Howmet is currently sporting a Zacks Rank of #1 (Strong Buy). Valuation is also important, so investors should note that Howmet has a Forward P/E ratio of 53.7 right now. This valuation marks a premium compared to its industry average Forward P/E of 24.45. It is also worth noting that HWM currently has a PEG ratio of 2.82. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Aerospace - Defense industry had an average PEG ratio of 2 as trading concluded yesterday. The Aerospace - Defense industry is part of the Aerospace sector. This group has a Zacks Industry Rank of 53, putting it in the top 22% of all 250+ industries. The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. You can find more information on all of these metrics, and much more, on Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Howmet Aerospace Inc. (HWM) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
24-06-2025
- Business
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Reflecting On Aerospace Stocks' Q1 Earnings: Howmet (NYSE:HWM)
As the Q1 earnings season comes to a close, it's time to take stock of this quarter's best and worst performers in the aerospace industry, including Howmet (NYSE:HWM) and its peers. Aerospace companies often possess technical expertise and have made significant capital investments to produce complex products. It is an industry where innovation is important, and lately, emissions and automation are in focus, so companies that boast advances in these areas can take market share. On the other hand, demand for aerospace products can ebb and flow with economic cycles and geopolitical tensions, which can be particularly painful for companies with high fixed costs. The 15 aerospace stocks we track reported a strong Q1. As a group, revenues missed analysts' consensus estimates by 1.4% while next quarter's revenue guidance was 0.7% below. Luckily, aerospace stocks have performed well with share prices up 22% on average since the latest earnings results. Inventing the first forged aluminum truck wheel, Howmet (NYSE:HWM) specializes in lightweight metals engineering and manufacturing multi-material components used in vehicles. Howmet reported revenues of $1.94 billion, up 6.5% year on year. This print was in line with analysts' expectations, and overall, it was a very strong quarter for the company with a solid beat of analysts' adjusted operating income estimates and full-year EBITDA guidance exceeding analysts' expectations. Howmet Aerospace Executive Chairman and Chief Executive Officer John Plant said, 'The Howmet team delivered a solid start to 2025, setting quarterly records in revenue, Adjusted EBITDA*, Adjusted EBITDA margin*, and Adjusted Earnings Per Share* while exceeding all aspects of our baseline guidance. Margin progression within the Fastening Systems and Engineered Structures segments was particularly noteworthy. Free cash flow was healthy at $134 million, up from $95 million in the prior year, and marked the eighth consecutive quarter of positive free cash flow generation.' Interestingly, the stock is up 26.8% since reporting and currently trades at $175.64. We think Howmet is a good business, but is it a buy today? Read our full report here, it's free. Formed from a merger of 12 companies, Curtiss-Wright (NYSE:CW) provides a range of products and services to the aerospace, industrial, electronic, and maritime industries. Curtiss-Wright reported revenues of $805.6 million, up 13% year on year, outperforming analysts' expectations by 5%. The business had an exceptional quarter with an impressive beat of analysts' EBITDA estimates. The market seems happy with the results as the stock is up 32.1% since reporting. It currently trades at $479. Is now the time to buy Curtiss-Wright? Access our full analysis of the earnings results here, it's free. Founded shortly after World War II by a group of engineers from UC Berkley, Hexcel (NYSE:HXL) manufactures lightweight composite materials primarily for the aerospace and defense sectors. Hexcel reported revenues of $456.5 million, down 3.3% year on year, falling short of analysts' expectations by 3.4%. It was a disappointing quarter as it posted full-year revenue and EPS guidance missing analysts' expectations significantly. Hexcel delivered the weakest full-year guidance update in the group. Interestingly, the stock is up 10.4% since the results and currently trades at $55.72. Read our full analysis of Hexcel's results here. Listed on the NYSE in 1947, Textron (NYSE:TXT) provides products and services in the aerospace, defense, industrial, and finance sectors. Textron reported revenues of $3.31 billion, up 5.5% year on year. This result surpassed analysts' expectations by 2.3%. It was a very strong quarter as it also recorded an impressive beat of analysts' EBITDA estimates and a solid beat of analysts' organic revenue estimates. The stock is up 17.2% since reporting and currently trades at $77.50. Read our full, actionable report on Textron here, it's free. Integrating power outlets into many Boeing aircraft, Astronics (NASDAQ:ATRO) is a provider of technologies and services to the global aerospace, defense, and electronics industries. Astronics reported revenues of $205.9 million, up 11.3% year on year. This print topped analysts' expectations by 7.3%. Overall, it was an exceptional quarter as it also logged a solid beat of analysts' EPS estimates and an impressive beat of analysts' EBITDA estimates. Astronics achieved the biggest analyst estimates beat among its peers. The stock is up 44.7% since reporting and currently trades at $33.98. Read our full, actionable report on Astronics here, it's free. The Fed's interest rate hikes throughout 2022 and 2023 have successfully cooled post-pandemic inflation, bringing it closer to the 2% target. Inflationary pressures have eased without tipping the economy into a recession, suggesting a soft landing. This stability, paired with recent rate cuts (0.5% in September 2024 and 0.25% in November 2024), fueled a strong year for the stock market in 2024. The markets surged further after Donald Trump's presidential victory in November, with major indices reaching record highs in the days following the election. Still, questions remain about the direction of economic policy, as potential tariffs and corporate tax changes add uncertainty for 2025. Want to invest in winners with rock-solid fundamentals? Check out our Hidden Gem Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. 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