ducovest

HWM:NYE-Howmet Aerospace Inc (USD)

COMMON STOCK | Aerospace & Defense |

Last Closing

USD 102.16

Change

+2.32 (+2.32)%

Market Cap

USD 41.28B

Volume

2.56M

Analyst Target

USD 19.33
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Howmet Aerospace Inc. provides advanced engineered solutions for the aerospace and transportation industries in the United States, Japan, France, Germany, the United Kingdom, Mexico, Italy, Canada, Poland, China, and internationally. It operates through four segments: Engine Products, Fastening Systems, Engineered Structures, and Forged Wheels. The Engine Products segment offers airfoils and seamless rolled rings primarily for aircraft engines and industrial gas turbines; and rotating and structural parts. The Fastening Systems segment produces aerospace fastening systems, as well as commercial transportation, industrial, and other fasteners; and latches, bearings, fluid fittings, and installation tools. The Engineered Structures segment provides titanium ingots and mill products, aluminum and nickel forgings, and machined components and assemblies for aerospace and defense applications; and titanium forgings, extrusions, and forming and machining services for airframe, wing, aero-engine, and landing gear components. The Forged Wheels segment offers forged aluminum wheels and related products for heavy-duty trucks and commercial transportation markets. The company was formerly known as Arconic Inc. Howmet Aerospace Inc. was founded in 1888 and is based in Pittsburgh, Pennsylvania.

Company Website : https://www.howmet.com

Currency: USD

Country : USA

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-11-05 )

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ETFs Containing HWM

XAR SPDR® S&P Aerospace & De.. 4.80 % 0.35 %

+2.01 (+1.25%)

 USD 2.41B
MISL First Trust Indxx Aerospa.. 4.57 % 0.00 %

+0.43 (+1.25%)

 N/A
QYLE:XETRA Global X NASDAQ 100 Cover.. 4.31 % 0.00 %

+0.08 (+1.25%)

 USD 0.27B
QYLD:SW Global X NASDAQ 100 Cover.. 4.31 % 0.00 %

-0.02 (1.25%)

 USD 0.26B
XAD:CA iShares U.S. Aerospace & .. 4.25 % 0.00 %

+0.43 (+1.25%)

 N/A
PPA Invesco Aerospace & Defen.. 4.02 % 0.59 %

+1.80 (+1.25%)

 USD 4.48B
QYLP:LSE Global X NASDAQ 100 Cover.. 3.75 % 0.00 %

+0.01 (+1.25%)

 USD 0.27B
QYLD:LSE Global X NASDAQ 100 Cover.. 3.74 % 0.00 %

+0.08 (+1.25%)

 USD 0.27B
PAVE 3.13 % 0.00 %

N/A

 N/A
94VE:XETRA Global X U.S. Infrastruct.. 3.08 % 0.00 %

+0.45 (+1.25%)

 USD 0.10B
PAVE:SW Global X U.S. Infrastruct.. 3.08 % 0.00 %

+0.53 (+1.25%)

 USD 0.46B
PAVE:LSE Global X U.S. Infrastruct.. 3.07 % 0.00 %

+0.63 (+1.25%)

 USD 0.45B
PAVG:LSE Global X U.S. Infrastruct.. 3.07 % 0.00 %

+0.21 (+1.25%)

 USD 0.02B
DFEN Direxion Daily Aerospace .. 2.79 % 1.09 %

+1.12 (+1.25%)

 USD 0.19B
AGOX Adaptive Alpha Opportunit.. 2.11 % 0.00 %

+0.38 (+1.25%)

 USD 0.31B
AIEQ Amplify ETF Trust 2.10 % 0.75 %

+0.74 (+1.25%)

 USD 0.11B
EHLS Even Herd Long Short ETF 1.72 % 0.00 %

+0.45 (+1.25%)

 USD 0.05B
MCDS JPMorgan Fundamental Data.. 1.52 % 0.00 %

+0.69 (+1.25%)

 USD 7.84M
FMDE Fidelity Covington Trust 0.87 % 0.00 %

+0.50 (+1.25%)

 USD 1.94B
DGT SPDR® Global Dow ETF 0.00 % 0.50 %

+1.28 (+1.25%)

 N/A
FHG:CA FT AlphaDEX U.S. Industri.. 0.00 % 0.76 %

+0.19 (+1.25%)

 CAD 0.04B
ITA 0.00 % 0.42 %

N/A

 N/A
FTGU:F First Trust Global Funds .. 0.00 % 0.00 %

+0.22 (+1.25%)

 N/A
FTGU:XETRA First Trust US Large Cap .. 0.00 % 0.00 %

+0.47 (+1.25%)

 USD 0.10B

Market Performance

  Market Performance vs. Industry/Classification (Aerospace & Defense) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 88.77% 88% B+ 92% A
Dividend Return N/A N/A N/A N/A N/A
Total Return 88.77% 88% B+ 92% A
Trailing 12 Months  
Capital Gain 111.64% 86% B+ 92% A
Dividend Return N/A N/A N/A N/A N/A
Total Return 111.64% 86% B+ 92% A
Trailing 5 Years  
Capital Gain N/A N/A N/A N/A N/A
Dividend Return N/A N/A N/A N/A N/A
Total Return N/A N/A N/A N/A N/A
Average Annual (5 Year Horizon)  
Capital Gain 44.26% 95% A 93% A
Dividend Return 44.46% 95% A 92% A
Total Return 0.20% 30% F 6% D-
Risk Return Profile  
Volatility (Standard Deviation) 44.16% 36% F 21% F
Risk Adjusted Return 100.68% 98% N/A 97% N/A
Market Capitalization 41.28B 88% B+ 95% A

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

What to not like:
Highly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector