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Howmet Aerospace Inc is a specialty industrial machinery business based in the US. Howmet Aerospace shares (HWM) are listed on the NYSE and all prices are listed in US Dollars. Howmet Aerospace employs 41,700 staff and has a trailing 12-month revenue of around USD$12.8 billion.
|Latest market close||USD$28.21|
|52-week range||USD$9.87 - USD$34.27|
|50-day moving average||USD$24.8921|
|200-day moving average||USD$18.7186|
|Wall St. target price||USD$30.43|
|Dividend yield||USD$0.08 (0.64%)|
|Earnings per share (TTM)||USD$0.9819|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2021-01-07)||1.69%|
|1 month (2020-12-17)||4.64%|
|3 months (2020-10-16)||51.75%|
|6 months (2020-07-17)||71.49%|
|1 year (2020-01-17)||-3.79%|
|2 years (2019-01-17)||39.79%|
|3 years (2018-01-17)||30.54|
|5 years (2016-01-15)||308.84%|
Valuing Howmet Aerospace stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Howmet Aerospace's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Howmet Aerospace's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 19x. In other words, Howmet Aerospace shares trade at around 19x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Howmet Aerospace's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.7656. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Howmet Aerospace's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Howmet Aerospace's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$1.8 billion.
The EBITDA is a measure of a Howmet Aerospace's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$12.8 billion|
|Operating margin TTM||9.65%|
|Gross profit TTM||USD$3 billion|
|Return on assets TTM||5.38%|
|Return on equity TTM||13.81%|
|Market capitalisation||USD$11.9 billion|
TTM: trailing 12 months
There are currently 6.9 million Howmet Aerospace shares held short by investors – that's known as Howmet Aerospace's "short interest". This figure is 6.3% up from 6.5 million last month.
There are a few different ways that this level of interest in shorting Howmet Aerospace shares can be evaluated.
Howmet Aerospace's "short interest ratio" (SIR) is the quantity of Howmet Aerospace shares currently shorted divided by the average quantity of Howmet Aerospace shares traded daily (recently around 4.2 million). Howmet Aerospace's SIR currently stands at 1.65. In other words for every 100,000 Howmet Aerospace shares traded daily on the market, roughly 1650 shares are currently held short.
However Howmet Aerospace's short interest can also be evaluated against the total number of Howmet Aerospace shares, or, against the total number of tradable Howmet Aerospace shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Howmet Aerospace's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 Howmet Aerospace shares in existence, roughly 20 shares are currently held short) or 0.016% of the tradable shares (for every 100,000 tradable Howmet Aerospace shares, roughly 16 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Howmet Aerospace.
Find out more about how you can short Howmet Aerospace stock.
Dividend payout ratio: 1.22% of net profits
Recently Howmet Aerospace has paid out, on average, around 1.22% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Howmet Aerospace shareholders could enjoy a 0% return on their shares, in the form of dividend payments. In Howmet Aerospace's case, that would currently equate to about $0.08 per share.
While Howmet Aerospace's payout ratio might seem low, this can signify that Howmet Aerospace is investing more in its future growth.
Howmet Aerospace's most recent dividend payout was on 25 February 2020. The latest dividend was paid out to all shareholders who bought their shares by 6 February 2020 (the "ex-dividend date").
Howmet Aerospace's shares were split on a 1334:1000 basis on 1 November 2016. So if you had owned 1000 shares the day before before the split, the next day you'd have owned 1334 shares. This wouldn't directly have changed the overall worth of your Howmet Aerospace shares – just the quantity. However, indirectly, the new 25% lower share price could have impacted the market appetite for Howmet Aerospace shares which in turn could have impacted Howmet Aerospace's share price.
Over the last 12 months, Howmet Aerospace's shares have ranged in value from as little as $9.87 up to $34.27. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Howmet Aerospace's is 1.6781. This would suggest that Howmet Aerospace's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Howmet Aerospace Inc. provides advanced engineered solutions for the aerospace and transportation industries. It offers jet engine components, aerospace fastening systems, and titanium structural parts for mission-critical performance and efficiency in aerospace and defense applications, as well as forged wheels for commercial transportation. The company, formerly known as Arconic Inc., is headquartered in Pittsburgh, Pennsylvania.
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