Howmet Aerospace Stock Performance
| HWM Stock | USD 118.38 1.68 1.44% |
On a scale of 0 to 100, Howmet Aerospace holds a performance score of 15. The company retains a Market Volatility (i.e., Beta) of 1.82, which attests to a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Howmet Aerospace will likely underperform. Please check Howmet Aerospace's downside variance, as well as the relationship between the accumulation distribution and market facilitation index , to make a quick decision on whether Howmet Aerospace's current trending patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Howmet Aerospace are ranked lower than 15 (%) of all global equities and portfolios over the last 90 days. In spite of very abnormal basic indicators, Howmet Aerospace displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return 1.44 | Five Day Return 0.67 | Year To Date Return 120.32 | Ten Year Return 224.57 | All Time Return 3.4 K |
Forward Dividend Yield 0.0027 | Payout Ratio 0.1048 | Last Split Factor 1334:1000 | Forward Dividend Rate 0.32 | Dividend Date 2024-11-25 |
1 | Acquisition by Jody Miller of 650 shares of Howmet Aerospace at 48.95 subject to Rule 16b-3 | 09/27/2024 |
2 | Howmet Aerospace Soaring 97.6 percent YTD Amid Strong Financial Performance | 10/25/2024 |
3 | Howmet Aerospace Inc. Among the Best American Defense Stocks To Buy According to Hedge Funds | 11/05/2024 |
4 | Howmet Aerospace stock rises 3 percent on strong guidance as commercial aerospace revenue jumps | 11/06/2024 |
5 | Howmet Aerospace Third Quarter 2024 Earnings EPS Beats Expectations | 11/08/2024 |
6 | Sheets Smith Wealth Management Has 646,000 Stock Holdings in Howmet Aerospace Inc. | 11/11/2024 |
7 | Jim Cramers top 10 things to watch in the stock market Wednesday | 11/13/2024 |
8 | Wells Fargo Company Forecasts Strong Price Appreciation for Howmet Aerospace Stock | 11/14/2024 |
9 | CIBC Asset Management Inc Purchases 6,587 Shares of Howmet Aerospace Inc. | 11/18/2024 |
10 | Howmet Aerospace 3.75 percent Prfd declares 0.9375 dividend | 11/22/2024 |
| Howmet Aerospace dividend paid on 25th of November 2024 | 11/25/2024 |
12 | 6,015 Shares in Howmet Aerospace Inc. Acquired by DRW Securities LLC | 11/27/2024 |
| Begin Period Cash Flow | 792 M |
Howmet |
Howmet Aerospace Relative Risk vs. Return Landscape
If you would invest 9,295 in Howmet Aerospace on September 2, 2024 and sell it today you would earn a total of 2,543 from holding Howmet Aerospace or generate 27.36% return on investment over 90 days. Howmet Aerospace is generating 0.3989% of daily returns assuming volatility of 2.0732% on return distribution over 90 days investment horizon. In other words, 18% of stocks are less volatile than Howmet, and above 93% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Howmet Aerospace Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Howmet Aerospace's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Howmet Aerospace, and traders can use it to determine the average amount a Howmet Aerospace's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1924
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Estimated Market Risk
| 2.07 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.4 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 15 85% of assets perform better |
Based on monthly moving average Howmet Aerospace is performing at about 15% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Howmet Aerospace by adding it to a well-diversified portfolio.
Howmet Aerospace Fundamentals Growth
Howmet Stock prices reflect investors' perceptions of the future prospects and financial health of Howmet Aerospace, and Howmet Aerospace fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Howmet Stock performance.
| Return On Equity | 0.26 | ||||
| Return On Asset | 0.0905 | ||||
| Profit Margin | 0.15 % | ||||
| Operating Margin | 0.22 % | ||||
| Current Valuation | 51.07 B | ||||
| Shares Outstanding | 406.26 M | ||||
| Price To Earning | 36.86 X | ||||
| Price To Book | 10.81 X | ||||
| Price To Sales | 6.62 X | ||||
| Revenue | 6.64 B | ||||
| Gross Profit | 1.6 B | ||||
| EBITDA | 1.47 B | ||||
| Net Income | 765 M | ||||
| Cash And Equivalents | 791 M | ||||
| Cash Per Share | 1.10 X | ||||
| Total Debt | 3.83 B | ||||
| Debt To Equity | 1.31 % | ||||
| Current Ratio | 2.06 X | ||||
| Book Value Per Share | 10.93 X | ||||
| Cash Flow From Operations | 901 M | ||||
| Earnings Per Share | 2.60 X | ||||
| Market Capitalization | 48.09 B | ||||
| Total Asset | 10.43 B | ||||
| Retained Earnings | 1.72 B | ||||
| Working Capital | 1.53 B | ||||
| Current Asset | 6.02 B | ||||
| Current Liabilities | 4.19 B | ||||
About Howmet Aerospace Performance
By examining Howmet Aerospace's fundamental ratios, stakeholders can obtain critical insights into Howmet Aerospace's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Howmet Aerospace is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 128.18 | 121.77 | |
| Return On Tangible Assets | 0.13 | 0.14 | |
| Return On Capital Employed | 0.14 | 0.15 | |
| Return On Assets | 0.07 | 0.08 | |
| Return On Equity | 0.19 | 0.20 |
Things to note about Howmet Aerospace performance evaluation
Checking the ongoing alerts about Howmet Aerospace for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Howmet Aerospace help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Howmet Aerospace has a poor financial position based on the latest SEC disclosures | |
| Over 93.0% of the company shares are owned by institutional investors | |
| On 25th of November 2024 Howmet Aerospace paid $ 0.08 per share dividend to its current shareholders | |
| Latest headline from thelincolnianonline.com: 6,015 Shares in Howmet Aerospace Inc. Acquired by DRW Securities LLC |
- Analyzing Howmet Aerospace's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Howmet Aerospace's stock is overvalued or undervalued compared to its peers.
- Examining Howmet Aerospace's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Howmet Aerospace's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Howmet Aerospace's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Howmet Aerospace's stock. These opinions can provide insight into Howmet Aerospace's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Howmet Aerospace. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. To learn how to invest in Howmet Stock, please use our How to Invest in Howmet Aerospace guide.You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Aerospace & Defense space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Howmet Aerospace. If investors know Howmet will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Howmet Aerospace listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.8 | Dividend Share 0.23 | Earnings Share 2.6 | Revenue Per Share 17.775 | Quarterly Revenue Growth 0.107 |
The market value of Howmet Aerospace is measured differently than its book value, which is the value of Howmet that is recorded on the company's balance sheet. Investors also form their own opinion of Howmet Aerospace's value that differs from its market value or its book value, called intrinsic value, which is Howmet Aerospace's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Howmet Aerospace's market value can be influenced by many factors that don't directly affect Howmet Aerospace's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Howmet Aerospace's value and its price as these two are different measures arrived at by different means. Investors typically determine if Howmet Aerospace is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Howmet Aerospace's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.