When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? Let's take a look at what these Wall Street heavyweights have to say about Howmet (HWM) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Howmet currently has an average brokerage recommendation (ABR) o ...

Monty Rakusen/DigitalVision via Getty Images Synopsis Howmet (NYSE:HWM) specialises in supplying advanced engineered solutions for the aerospace and transportation industries. For 2Q24, HWM delivered strong earnings results. Its revenue grew 14% year-over-year, driven mainly by the commercial aerospace market. For context, commercial aerospace accounts for approximately 52% of HWM's total revenue. Additionally, HWM's 2Q24 adjusted margins also expanded year-over-year. According to data published by the Inte ...

Thomas Barwick Investment overview I give a hold rating to Howmet Aerospace (NYSE:HWM). I am bullish on the fundamentals of the business, given the strong underlying secular tailwinds and the potential for enhanced capital returns. However, the stock is trading at a high valuation, which provides little margin of safety to investors today. Hence, I believe investors should wait for a better entry point. Business description HWM is in the business of providing engineered solutions for the aerospace and trans ...

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Howmet (HWM) could be a solid choice for investors given the company's remarkably improving earnings outlook. While the stock has been a strong performer lately, this trend might continue since analysts are still raising their earnings estimates for the company. The upward trend in estimate revisions for this maker of engineered products for the aerospace and other industries reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical ...

Howmet (HWM) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system. The power of ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. While many investors like to look for momen ...

Investors interested in Construction stocks should always be looking to find the best-performing companies in the group. Howmet (HWM) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Construction peers, we might be able to answer that question. Howmet is one of 91 companies in the Construction group. The Construction group currently sits at #4 ...

This aerospace and defense supplier continues to exceed expectations. Howmet Aerospace (HWM -0.87%) stock is up a whopping 75% in 2024 and rose 14.7% in the last week to Friday morning trading. The latest leg up is due to its impressive second-quarter earnings release earlier this week. Howmet's end markets The company generates around 52% of its sales from commercial aerospace and 16% from defense aerospace, with commercial transportation at about 18%. The remaining 14% is under the "industrial and other" ...

Investors are optimistic that the Federal Reserve could soon start its rate-cut cycle following the release of a series of positive economic data, which showed that inflation decreased over the past two months. Also, the labor market is finally showing signs of cooling, which will give the Fed further confidence to go ahead with its rate cut plans. However, the picture remains unclear, and with higher interest rates for a longer period, markets can remain volatile for a longer period. Four such stocks are H ...