Howmet Aerospace Inc. [HWM] fell -1.72% so far this year. What now?

Howmet Aerospace Inc. [NYSE: HWM] surged by $0.82 during the normal trading session on Monday and reaching a high of $23.94 during the day while it closed the day at $23.18. The company report on November 14, 2020 that Howmet Aerospace Board Approves Preferred Stock Dividend.

The Board of Directors of Howmet Aerospace (NYSE:HWM), declared a dividend of 93.75 cents per share on the outstanding $3.75 Cumulative Preferred Stock (“Class A Stock”) of the Company, to be paid on January 1, 2021 to the holders of record of the Class A Stock at the close of business on December 11, 2020.

About Howmet Aerospace.

Howmet Aerospace Inc. stock has also gained 3.34% of its value over the past 7 days. However, HWM stock has inclined by 36.92% in the 3 months of the year. Over the past six months meanwhile, it has gained 92.37% and lost -1.72% year-on date.

The market cap for HWM stock reached $9.64 billion, with 436.00 million shares outstanding and 431.27 million shares in the current float. Compared to the average trading volume of 2.75M shares, HWM reached a trading volume of 6375609 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Howmet Aerospace Inc. [HWM]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for HWM shares is $26.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on HWM stock is a recommendation set at 2.20. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Cowen have made an estimate for Howmet Aerospace Inc. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on November 11, 2020. While these analysts kept the previous recommendation, Berenberg raised their target price to Buy. The new note on the price target was released on October 16, 2020, representing the official price target for Howmet Aerospace Inc. stock.

The Average True Range (ATR) for Howmet Aerospace Inc. is set at 1.16, with the Price to Sales ratio for HWM stock in the period of the last 12 months amounting to 1.30. The Price to Book ratio for the last quarter was 2.93, with the Price to Cash per share for the same quarter was set at 3.28.

HWM stock trade performance evaluation

Howmet Aerospace Inc. [HWM] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.34. With this latest performance, HWM shares gained by 24.69% in over the last four-week period, additionally plugging by 92.37% over the last 6 months – not to mention a drop of -2.00% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for HWM stock in for the last two-week period is set at 69.44, with the RSI for the last a single of trading hit 72.53, and the three-weeks RSI is set at 67.10 for Howmet Aerospace Inc. [HWM]. The present Moving Average for the last 50 days of trading for this stock 18.39, while it was recorded at 22.45 for the last single week of trading, and 17.70 for the last 200 days.

Howmet Aerospace Inc. [HWM]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Howmet Aerospace Inc. [HWM] shares currently have an operating margin of +11.64 and a Gross Margin at +17.09. Howmet Aerospace Inc.’s Net Margin is presently recorded at +3.31.

Return on Total Capital for HWM is now 14.52, given the latest momentum, and Return on Invested Capital for the company is 4.44. Return on Equity for this stock inclined to 9.23, with Return on Assets sitting at 2.59. When it comes to the capital structure of this company, Howmet Aerospace Inc. [HWM] has a Total Debt to Total Equity ratio set at 134.69. Additionally, HWM Total Debt to Total Capital is recorded at 57.39, with Total Debt to Total Assets ending up at 35.30. Long-Term Debt to Equity for the company is recorded at 112.04, with the Long-Term Debt to Total Capital now at 47.17.

Reflecting on the efficiency of the workforce at the company, Howmet Aerospace Inc. [HWM] managed to generate an average of $11,271 per employee. Receivables Turnover for the company is 9.62 with a Total Asset Turnover recorded at a value of 0.78.Howmet Aerospace Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.30 and a Current Ratio set at 2.30.

Earnings per share (EPS) analysis for Howmet Aerospace Inc. [HWM] stock

With the latest financial reports released by the company, Howmet Aerospace Inc. posted 0.53/share EPS, while the average EPS was predicted by analysts to be reported at 0.54/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -1.90%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for HWM.

Howmet Aerospace Inc. [HWM]: Insider Ownership positions

There are presently around $9,770 million, or 90.90% of HWM stock, in the hands of institutional investors. The top three institutional holders of HWM stocks are: ELLIOTT ASSOCIATES, L.P. with ownership of 41,565,658, which is approximately 0% of the company’s market cap and around 0.30% of the total institutional ownership; ELLIOTT INVESTMENT MANAGEMENT L.P., holding 41,565,658 shares of the stock with an approximate value of $963.49 million in HWM stocks shares; and VANGUARD GROUP INC, currently with $940.68 million in HWM stock with ownership of nearly -3.358% of the company’s market capitalization.

Positions in Howmet Aerospace Inc. stocks held by institutional investors increased at the end of November and at the time of the November reporting period, where 150 institutional holders increased their position in Howmet Aerospace Inc. [NYSE:HWM] by around 37,493,935 shares. Additionally, 237 investors decreased positions by around 46,634,679 shares, while 75 investors held positions by with 337,346,807 shares. The mentioned changes placed institutional holdings at 421,475,421 shares, according to the latest SEC report filing. HWM stock had 52 new institutional investments in for a total of 9,937,389 shares, while 59 institutional investors sold positions of 7,580,688 shares during the same period.

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