More about Howmet Aerospace Inc.
Regulatory Filings for Howmet Aerospace Inc.
Fundamentals for Howmet Aerospace Inc.
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Fundamentals for Howmet Aerospace Inc.
Business Operations:
Sector: IndustrialsIndustry: Aerospace & Defense
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. The Fastening Systems segment produces aerospace fastening systems, as well as commercial transportation, industrial, and other fasteners; and latches, bearings, fluid fittings, and installation tools. The Engineered Structures segment provides titanium ingots and mill products, aluminum and nickel forgings, and machined components and assemblies for aerospace and defense applications; and titanium forgings, extrusions, and forming and machining services for airframe, wing, aero-engine, and landing gear components. The Forged Wheels segment offers forged aluminum wheels and related products for heavy-duty trucks and commercial transportation markets. The company was formerly known as Arconic Inc. Howmet Aerospace Inc. was founded in 1888 and is based in Pittsburgh, Pennsylvania.
Revenue projections:
With Howmet Aerospace Inc.'s revenues expected to fall below the previous year's, investors are likely to approach the stock with caution. Declining revenues can negatively affect profitability, which makes it harder for the company to maintain investor confidence and perform well in the market.
Financial Ratios:
| currentRatio | 2.134000 |
|---|---|
| forwardPE | 43.274193 |
| debtToEquity | 60.022000 |
| earningsGrowth | 0.203000 |
| revenueGrowth | 0.146000 |
| grossMargins | 0.341740 |
| operatingMargins | 0.263380 |
| trailingEps | 3.720000 |
| forwardEps | 5.616280 |
With a current ratio of 2.134, HWM has the liquidity needed to easily service its short-term debt. The company's cash reserves and current assets are sufficient, indicating that HWM is in a strong position to meet its immediate financial obligations without difficulty.
HWM's positive earnings and revenue growth reflect a strong outlook for the company's business expansion. The company is expected to continue growing, with increasing profitability and sales driving further growth in the near future.
With positive gross and operating margins, Howmet Aerospace Inc. demonstrates strong profitability. This reflects the company's ability to manage costs and maintain healthy profits, showcasing effective operational efficiency and financial stability.
Howmet Aerospace Inc.'s forward EPS exceeds its trailing EPS, indicating that the company is projected to be more profitable in the current financial year compared to the previous one. This suggests positive growth and improved earnings, signaling an optimistic outlook for Howmet Aerospace Inc.'s financial performance.
Price projections:
Over time, price projections for HWM have been gradually revised upward, reflecting increasing optimism about the company's future performance. This trend suggests analysts are growing more confident in HWM's ability to deliver strong results and achieve higher market value.
Insider Transactions:
5 sales of Howmet Aerospace Inc. stock were made, with market price at 200.05600280761718 per share.There were no sell transactions during the given period.More buys than sells have been occurring around the current price levels of HWM, potentially signaling investor optimism. This buying trend might be interpreted as a sign of a favorable outlook for the stock's future performance.
Recommendation changes over time:
Analysts' buy bias toward HWM suggests the stock is seen as a solid investment, potentially motivating investors to consider it for their portfolios. With this positive outlook, HWM is likely to be viewed as a secure place to allocate funds, driving further interest in the stock.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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