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After finishing at $102.83 in the prior trading day, Howmet Aerospace Inc (NYSE: HWM) closed at $100.62, down -2.15%. In other words, the price has decreased by -$2.15 from its previous closing price. On the day, 1.98 million shares were traded. HWM stock price reached its highest trading level at $102.07 during the session, while it also had its lowest trading level at $99.15.
Ratios:
Our goal is to gain a better understanding of HWM by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 54.54 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 42.25. For the most recent quarter (mrq), Quick Ratio is recorded 0.74 and its Current Ratio is at 1.53. In the meantime, Its Debt-to-Equity ratio is 0.89 whereas as Long-Term Debt/Eq ratio is at 0.70.
On October 08, 2024, Susquehanna started tracking the stock assigning a Positive rating and target price of $120.
On June 26, 2024, BTIG Research started tracking the stock assigning a Buy rating and target price of $95.BTIG Research initiated its Buy rating on June 26, 2024, with a $95 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 23 ’24 when Marchuk Neil Edward sold 70,637 shares for $96.94 per share. The transaction valued at 6,847,749 led to the insider holds 92,687 shares of the business.
Giacobbe Ken sold 154,909 shares of HWM for $14,960,414 on Aug 22 ’24. The EVP and CFO now owns 155,135 shares after completing the transaction at $96.58 per share. On Aug 23 ’24, another insider, Marchuk Neil Edward, who serves as the Officer of the company, bought 70,637 shares for $96.94 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HWM now has a Market Capitalization of 41067753472 and an Enterprise Value of 44187713536. As of this moment, Howmet’s Price-to-Earnings (P/E) ratio for their current fiscal year is 44.61, and their Forward P/E ratio for the next fiscal year is 32.50. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.54. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.79 while its Price-to-Book (P/B) ratio in mrq is 9.72. Its current Enterprise Value per Revenue stands at 6.23 whereas that against EBITDA is 26.539.
Stock Price History:
Over the past 52 weeks, HWM has reached a high of $106.93, while it has fallen to a 52-week low of $42.94. The 50-Day Moving Average of the stock is 1.99%, while the 200-Day Moving Average is calculated to be 27.17%.
Shares Statistics:
The stock has traded on average 2.51M shares per day over the past 3-months and 2071020 shares per day over the last 10 days, according to various share statistics. A total of 409.91M shares are outstanding, with a floating share count of 403.67M. Insiders hold about 1.10% of the company’s shares, while institutions hold 92.30% stake in the company. Shares short for HWM as of 1727654400 were 8307629 with a Short Ratio of 3.31, compared to 1724976000 on 8497262. Therefore, it implies a Short% of Shares Outstanding of 8307629 and a Short% of Float of 2.31.
Dividends & Splits
In the trailing 12 months, HWM’s forward annual dividend rate was 0.19, compared to 0.23 this year. Against a Trailing Annual Dividend Yield of 0.0018477098
