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The closing price of Howmet Aerospace Inc (NYSE: HWM) was $113.70 for the day, down -2.05% from the previous closing price of $116.08. In other words, the price has decreased by -$2.05 from its previous closing price. On the day, 2.12 million shares were traded. HWM stock price reached its highest trading level at $116.39 during the session, while it also had its lowest trading level at $113.7.
Ratios:
Our analysis of HWM’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 97.04 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 46.10. For the most recent quarter (mrq), Quick Ratio is recorded 0.98 and its Current Ratio is at 2.24. In the meantime, Its Debt-to-Equity ratio is 0.79 whereas as Long-Term Debt/Eq ratio is at 0.78.
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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 47158779904 and an Enterprise Value of 49325834240. As of this moment, Howmet’s Price-to-Earnings (P/E) ratio for their current fiscal year is 43.53, and their Forward P/E ratio for the next fiscal year is 35.82. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.36. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.35 while its Price-to-Book (P/B) ratio in mrq is 10.41. Its current Enterprise Value per Revenue stands at 6.785 whereas that against EBITDA is 27.836.
Stock Price History:
Over the past 52 weeks, HWM has reached a high of $120.71, while it has fallen to a 52-week low of $52.36. The 50-Day Moving Average of the stock is 3.86%, while the 200-Day Moving Average is calculated to be 28.93%.
Shares Statistics:
HWM traded an average of 2.33M shares per day over the past three months and 2241900 shares per day over the past ten days. A total of 407.13M shares are outstanding, with a floating share count of 401.76M. Insiders hold about 1.11% of the company’s shares, while institutions hold 91.54% stake in the company. Shares short for HWM as of 1732838400 were 8130461 with a Short Ratio of 3.48, compared to 1730332800 on 7387499. Therefore, it implies a Short% of Shares Outstanding of 8130461 and a Short% of Float of 2.2800000000000002.
Dividends & Splits
With its trailing 12-month dividend rate of 0.23, HWM has a forward annual dividend rate of 0.26. Against a Trailing Annual Dividend Yield of 0.001981392
