Howmet (HWM) closed the most recent trading day at $101.29, moving +0.37% from the previous trading session. The stock's performance was ahead of the S&P 500's daily gain of 0.01%. Elsewhere, the Dow saw an upswing of 0.09%, while the tech-heavy Nasdaq appreciated by 0.08%. The maker of engineered products for the aerospace and other industries's shares have seen an increase of 8.49% over the last month, surpassing the Construction sector's gain of 4.37% and the S&P 500's gain of 1.21%. Analysts and investo ...

Company Performance - Howmet's stock closed at $99.30, reflecting a -0.42% change from the previous day, underperforming the S&P 500's gain of 0.4% [1] - Over the past month, Howmet's stock has increased by 3.32%, outperforming the Construction sector's gain of 2.56% and the S&P 500's gain of 1.71% [1] Upcoming Earnings - Analysts expect Howmet to report earnings of $0.65 per share, indicating a year-over-year growth of 41.3% [2] - The consensus estimate for revenue is projected at $1.86 billion, representing an 11.89% increase compared to the same quarter last year [2] Full Year Projections - For the full year, earnings are projected at $2.59 per share and revenue at $7.48 billion, reflecting changes of +40.76% and +12.58% from the prior year, respectively [3] Analyst Estimates - Recent changes in analyst estimates for Howmet are crucial as they indicate shifts in near-term business trends, with positive revisions suggesting analyst optimism [4] Zacks Rank - Howmet currently holds a Zacks Rank of 2 (Buy), with the Zacks Rank system showing an impressive track record of outperformance [6] Valuation Metrics - Howmet's Forward P/E ratio stands at 38.51, significantly higher than the industry average of 21.63, indicating a premium valuation [7] - The company has a PEG ratio of 1.49, compared to the industry average PEG ratio of 1.59, suggesting a favorable growth outlook relative to its valuation [8] Industry Context - The Engineering - R and D Services industry, to which Howmet belongs, has a Zacks Industry Rank of 94, placing it in the top 38% of over 250 industries [9]

Howmet Aerospace Inc. (HWM) has been on a great run on the bourses lately as the stock was hovering at more than $97 per share in the last three trading sessions. Shares of the advanced engineered solutions provider for the aerospace and transportation industries closed at $98.63 on Monday, close to its 52-week high of $98.97. Over the past six months, the stock has surged 46.4%, outpacing the S&P 500 composite and the sub-industry's growth of 9.4% and 18%, respectively. The company has also outperformed ot ...

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The most recent trading session ended with Howmet (HWM) standing at $97.45, reflecting a +0.02% shift from the previouse trading day's closing. The stock outperformed the S&P 500, which registered a daily loss of 0.19%. Elsewhere, the Dow gained 0.09%, while the tech-heavy Nasdaq lost 0.36%. The maker of engineered products for the aerospace and other industries's stock has climbed by 0.91% in the past month, falling short of the Construction sector's gain of 8.17% and the S&P 500's gain of 2.06%. Analysts ...

Investors might want to bet on Howmet (HWM) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices. The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate. The power of a changing ...

The latest trading session saw Howmet (HWM) ending at $95.28, denoting a +1.11% adjustment from its last day's close. The stock outperformed the S&P 500, which registered a daily gain of 0.54%. Meanwhile, the Dow experienced a rise of 0.72%, and the technology-dominated Nasdaq saw an increase of 0.65%. Prior to today's trading, shares of the maker of engineered products for the aerospace and other industries had lost 1.41% over the past month. This has lagged the Construction sector's gain of 5.07% and the ...

Howmet Aerospace Inc. (NYSE:HWM) Jefferies 2024 Global Industrial Conference September 5, 2024 10:25 AM ET Company Participants John Plant – Chairman and Chief Executive Officer Conference Call Participants Sheila Kahyaoglu – Jefferies Sheila Kahyaoglu Good morning, everyone. My name is Sheila Kahyaoglu, with the Jefferies Aerospace and Defense Equity Research team, and thank you for Howmet for supporting our conference. We have John Plant. In case, you don't know him. He's Chairman and CEO. And thanks, Joh ...

It has been about a month since the last earnings report for Howmet (HWM) . Shares have added about 0.9% in that time frame, underperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Howmet due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Howmet Q2 Earnings Beat Estimates, Revenues Increase ...

Howmet Aerospace Inc. (HWM) stands to benefit from strength across its businesses, focus on operational excellence and solid liquidity position. The company remains focused on investing in growth opportunities and strengthening its long-term market position. HWM, which has a market capitalization of $39.4 billion, currently sports a Zacks Rank #1 (Strong Buy). Let's delve into the factors that have been aiding the firm for a while now. End-Market Strength: Howmet is benefiting from solid momentum in the com ...