Howmet Aerospace Inc's fundamentals are relatively very healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 11 out of 70 in the Aerospace & Defense industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 240.82.In the medium term, the stock price is expected to remain stable.Despite an average stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of Howmet Aerospace Inc is 8.60, ranking 7 out of 70 in the Aerospace & Defense industry. Its financial status is robust, and its operating efficiency is high. Its latest quarterly revenue reached 2.09B, representing a year-over-year increase of 13.84%, while its net profit experienced a year-over-year increase of 16.01%.
Key Metrics
The current valuation score of Howmet Aerospace Inc is 5.90, ranking 64 out of 70 in the Aerospace & Defense industry. Its current P/E ratio is 58.42, which is 7.69% below the recent high of 62.91 and 52.35% above the recent low of 27.84.
The current earnings forecast score of Howmet Aerospace Inc is 8.32, ranking 17 out of 70 in the Aerospace & Defense industry. The average price target is 230.00, with a high of 250.00 and a low of 145.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Howmet Aerospace Inc is 7.06, ranking 46 out of 70 in the Aerospace & Defense industry. Currently, the stock price is trading between the resistance level at 222.48 and the support level at 199.76, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
The current institutional shareholding score of Howmet Aerospace Inc is 10.00, ranking 1 out of 70 in the Aerospace & Defense industry. The latest institutional shareholding proportion is 94.62%, representing a quarter-over-quarter decrease of 1.22%. The largest institutional shareholder is The Vanguard, holding a total of 48.98M shares, representing 12.18% of shares outstanding, with 3.38% increase in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Aerospace & Defense domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Howmet Aerospace Inc is 8.93, ranking 9 out of 70 in the Aerospace & Defense industry. The company's beta value is 1.26. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets. Howmet Aerospace Inc’s latest ESG disclosure leads the Aerospace & Defense industry, indicating outstanding, compliant performance across environmental management, social responsibility, and governance, which may help mitigate overall risk.
