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Howmet Aerospace NYSE:HWM Stock Report

Last Price

US$110.83

Market Cap

US$45.0b

7D

-2.3%

1Y

106.9%

Updated

22 Dec, 2024

Data

Company Financials +

Howmet Aerospace Inc.

NYSE:HWM Stock Report

Market Cap: US$45.0b

HWM Stock Overview

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. More details

HWM fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance6/6
Financial Health4/6
Dividends0/6

Rewards

Trading at 39.9% below our estimate of its fair value

Earnings are forecast to grow 15.99% per year

Earnings grew by 68.5% over the past year

Risk Analysis

Has a high level of debt


My Notes

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Community Narratives

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Narratives bring a range of perspectives from our community.

WA
Analyst Price Target
Consensus Narrative from 22 Analysts

Strong Demand For F-35 And Turbine Blades Will Drive Future Aerospace Opportunities

Key Takeaways Expected commercial and defense aerospace sector growth, driven by strong demand, to catalyze future revenue and stable earnings growth. Strategic investments and high cash flow to enable shareholder returns through share buybacks and potential dividend increases.
View narrative
US$123.87
FV
10.5% undervalued intrinsic discount
8.91%
Revenue growth p.a.
1users have liked this narrative
0users have commented on this narrative
5users have followed this narrative
3 days ago author updated this narrative

Howmet Aerospace Inc. Competitors

L3Harris Technologies

NYSE:LHX

US$40.5b

Axon Enterprise

NasdaqGS:AXON

US$48.2b

TransDigm Group

NYSE:TDG

US$71.8b

Northrop Grumman

NYSE:NOC

US$68.4b

Price History & Performance

Summary of share price highs, lows and changes for Howmet Aerospace
Historical stock prices
Current Share PriceUS$110.83
52 Week HighUS$120.71
52 Week LowUS$52.56
Beta1.32
1 Month Change-6.43%
3 Month Change12.37%
1 Year Change106.89%
3 Year Change256.02%
5 Year Change255.91%
Change since IPO485.78%

Recent News & Updates

Does Howmet Aerospace (NYSE:HWM) Deserve A Spot On Your Watchlist?

Dec 03
Does Howmet Aerospace (NYSE:HWM) Deserve A Spot On Your Watchlist?

Howmet Aerospace Inc.'s (NYSE:HWM) Price In Tune With Earnings

Nov 17
Howmet Aerospace Inc.'s (NYSE:HWM) Price In Tune With Earnings

Howmet Aerospace: A Top Stock To Buy On Long-Term Airplane Production Growth

Nov 07

Recent updates

Does Howmet Aerospace (NYSE:HWM) Deserve A Spot On Your Watchlist?

Dec 03
Does Howmet Aerospace (NYSE:HWM) Deserve A Spot On Your Watchlist?

Howmet Aerospace Inc.'s (NYSE:HWM) Price In Tune With Earnings

Nov 17
Howmet Aerospace Inc.'s (NYSE:HWM) Price In Tune With Earnings

Howmet Aerospace: A Top Stock To Buy On Long-Term Airplane Production Growth

Nov 07

Are Investors Undervaluing Howmet Aerospace Inc. (NYSE:HWM) By 42%?

Nov 03
Are Investors Undervaluing Howmet Aerospace Inc. (NYSE:HWM) By 42%?

At US$102, Is Howmet Aerospace Inc. (NYSE:HWM) Worth Looking At Closely?

Oct 06
At US$102, Is Howmet Aerospace Inc. (NYSE:HWM) Worth Looking At Closely?

Howmet Aerospace (NYSE:HWM) Seems To Use Debt Quite Sensibly

Sep 22
Howmet Aerospace (NYSE:HWM) Seems To Use Debt Quite Sensibly

Market Participants Recognise Howmet Aerospace Inc.'s (NYSE:HWM) Earnings

Aug 14
Market Participants Recognise Howmet Aerospace Inc.'s (NYSE:HWM) Earnings

Howmet Aerospace: Wait For A Better Entry Point

Aug 14

With EPS Growth And More, Howmet Aerospace (NYSE:HWM) Makes An Interesting Case

Jul 30
With EPS Growth And More, Howmet Aerospace (NYSE:HWM) Makes An Interesting Case

Howmet Aerospace: Positive Commercial Aerospace Outlook

Jul 12

Howmet Aerospace Inc.'s (NYSE:HWM) Intrinsic Value Is Potentially 99% Above Its Share Price

Jul 03
Howmet Aerospace Inc.'s (NYSE:HWM) Intrinsic Value Is Potentially 99% Above Its Share Price

Is Howmet Aerospace (NYSE:HWM) A Risky Investment?

Jun 20
Is Howmet Aerospace (NYSE:HWM) A Risky Investment?

Earnings Tell The Story For Howmet Aerospace Inc. (NYSE:HWM) As Its Stock Soars 26%

May 13
Earnings Tell The Story For Howmet Aerospace Inc. (NYSE:HWM) As Its Stock Soars 26%

If EPS Growth Is Important To You, Howmet Aerospace (NYSE:HWM) Presents An Opportunity

Apr 29
If EPS Growth Is Important To You, Howmet Aerospace (NYSE:HWM) Presents An Opportunity

Is Howmet Aerospace (NYSE:HWM) Using Too Much Debt?

Mar 17
Is Howmet Aerospace (NYSE:HWM) Using Too Much Debt?

Is There An Opportunity With Howmet Aerospace Inc.'s (NYSE:HWM) 49% Undervaluation?

Mar 04
Is There An Opportunity With Howmet Aerospace Inc.'s (NYSE:HWM) 49% Undervaluation?

Howmet: Commercial Aerospace Demand, Beneficial 2024 Guidance, And Upside Potential

Feb 20

Is Howmet Aerospace Inc. (NYSE:HWM) Potentially Undervalued?

Feb 13
Is Howmet Aerospace Inc. (NYSE:HWM) Potentially Undervalued?

Howmet Aerospace: Strong Q3 Results Set The Stage For Margin Improvement

Nov 27

Howmet Aerospace Stock Surges: Can It Go Higher?

Nov 06

Howmet Aerospace: Rating Upgrade As Relative Valuation Is Actually Not Expensive

Sep 18

From Spin-Off To Takeoff: How Howmet Aerospace Aces The Aerospace Industry

Aug 03

Howmet Aerospace: Flying High Above The Returns Of The S&P 500

Jul 26

Howmet Aerospace Non-GAAP EPS of $0.38 in-line, revenue of $1.5B beats by $30M, initiates FY23 and Q1 outlook

Feb 14

Howmet Aerospace declares $0.04 dividend

Jan 27

Shareholder Returns

HWMUS Aerospace & DefenseUS Market
7D-2.3%-1.2%-2.4%
1Y106.9%26.8%23.4%

Return vs Industry: HWM exceeded the US Aerospace & Defense industry which returned 26.5% over the past year.

Return vs Market: HWM exceeded the US Market which returned 23.3% over the past year.

Price Volatility

Is HWM's price volatile compared to industry and market?
HWM volatility
HWM Average Weekly Movement4.8%
Aerospace & Defense Industry Average Movement7.0%
Market Average Movement6.3%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.1%

Stable Share Price: HWM has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: HWM's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
188823,200John Plantwww.howmet.com

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.

Howmet Aerospace Inc. Fundamentals Summary

How do Howmet Aerospace's earnings and revenue compare to its market cap?
HWM fundamental statistics
Market capUS$45.03b
Earnings (TTM)US$1.08b
Revenue (TTM)US$7.27b

41.9x

P/E Ratio

6.2x

P/S Ratio

Is HWM overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HWM income statement (TTM)
RevenueUS$7.27b
Cost of RevenueUS$5.08b
Gross ProfitUS$2.19b
Other ExpensesUS$1.12b
EarningsUS$1.08b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)2.65
Gross Margin30.14%
Net Profit Margin14.79%
Debt/Equity Ratio75.4%

How did HWM perform over the long term?

See historical performance and comparison

Dividends

0.3%

Current Dividend Yield

9%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 03:37
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Howmet Aerospace Inc. is covered by 32 analysts. 21 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
John EadeArgus Research Company
Peter ArmentBaird
Ishan MajumdarBaptista Research