Howmet Aerospace-Howmet (HWM) Stock Falls Amid Market Uptick: What Investors Need to Know

Company Performance - Howmet (HWM) closed at $124.40, reflecting a -0.07% change from the previous day, underperforming the S&P 500's gain of 0.55% [1] - Over the past month, Howmet's shares have decreased by 3.5%, which is worse than the Aerospace sector's decline of 3.12% and better than the S&P 500's loss of 5.56% [1] Earnings Expectations - Howmet is expected to report an EPS of$ 0.77, representing a 35.09% increase from the same quarter last year [2] - Revenue is anticipated to reach $1.93 billion, indicating a 5.87% rise compared to the prior year [2] Annual Projections - For the annual period, earnings are projected at$ 3.23 per share and revenue at $8.06 billion, reflecting increases of +20.07% and +8.54% respectively from the previous year [3] - Recent changes to analyst estimates for Howmet may indicate a positive outlook for the company's business trends [3] Valuation Metrics - Howmet has a Forward P/E ratio of 38.54, which is a premium compared to the industry's average Forward P/E of 18.63 [6] - The company has a PEG ratio of 1.74, while the Aerospace - Defense industry average PEG ratio is 1.81 [6] Industry Ranking - The Aerospace - Defense industry, part of the Aerospace sector, has a Zacks Industry Rank of 136, placing it in the bottom 46% of over 250 industries [7] - The Zacks Industry Rank measures the strength of industry groups based on the average Zacks Rank of individual stocks, with the top 50% rated industries outperforming the bottom half by a factor of 2 to 1 [7]