Howmet Aerospace Financials
| HWM Stock | USD 116.98 1.12 0.95% |
Howmet |
Understanding current and past Howmet Aerospace Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Howmet Aerospace's financial statements are interrelated, with each one affecting the others. For example, an increase in Howmet Aerospace's assets may result in an increase in income on the income statement.
Howmet Aerospace Stock Summary
Howmet Aerospace competes with Curtiss Wright, Mercury Systems, AAR Corp, Ducommun Incorporated, and Moog. 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. The company was founded in 1888 and is based in Pittsburgh, Pennsylvania. Howmet Aerospace operates under Aerospace Defense classification in the United States and is traded on New York Stock Exchange. It employs 19900 people.Specialization | Industrials, Aerospace & Defense |
| Instrument | USA Stock View All |
| Exchange | New York Stock Exchange |
| ISIN | US4432011082 |
| CUSIP | 443201108 013817101 03965L100 022249106 013817507 |
| Location | Pennsylvania; U.S.A |
| Business Address | 201 Isabella Street, |
| Sector | Aerospace & Defense |
| Industry | Industrials |
| Benchmark | Dow Jones Industrial |
| Website | www.howmet.com |
| Phone | 412 553 1950 |
| Currency | USD - US Dollar |
Howmet Aerospace Key Financial Ratios
| Return On Equity | 0.26 | ||||
| Return On Asset | 0.0905 | ||||
| Target Price | 123.19 | ||||
| Beta | 1.29 | ||||
| Last Dividend Paid | 0.23 |
Howmet Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Howmet Aerospace's current stock value. Our valuation model uses many indicators to compare Howmet Aerospace value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Howmet Aerospace competition to find correlations between indicators driving Howmet Aerospace's intrinsic value. More Info.Howmet Aerospace is one of the top stocks in return on equity category among its peers. It also is one of the top stocks in return on asset category among its peers reporting about 0.35 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Howmet Aerospace is roughly 2.84 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Howmet Aerospace by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Howmet Aerospace Systematic Risk
Howmet Aerospace's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Howmet Aerospace volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Howmet Aerospace correlated with the market. If Beta is less than 0 Howmet Aerospace generally moves in the opposite direction as compared to the market. If Howmet Aerospace Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Howmet Aerospace is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Howmet Aerospace is generally in the same direction as the market. If Beta > 1 Howmet Aerospace moves generally in the same direction as, but more than the movement of the benchmark.
Howmet Aerospace Thematic Clasifications
Howmet Aerospace is part of Steel Works Etc investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Steel Works Etc industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
This theme covers USA Equities from Steel Works Etc industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
| Steel Works Etc | View |
Howmet Aerospace November 22, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Howmet Aerospace help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Howmet Aerospace. We use our internally-developed statistical techniques to arrive at the intrinsic value of Howmet Aerospace based on widely used predictive technical indicators. In general, we focus on analyzing Howmet Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Howmet Aerospace's daily price indicators and compare them against related drivers.
| Downside Deviation | 1.74 | |||
| Information Ratio | 0.1005 | |||
| Maximum Drawdown | 15.6 | |||
| Value At Risk | (2.94) | |||
| Potential Upside | 2.46 |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Howmet Aerospace. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in housing. To learn how to invest in Howmet Stock, please use our How to Invest in Howmet Aerospace guide.You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Is Steel Works Etc space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Howmet Aerospace. If investors know Howmet will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Howmet Aerospace listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Howmet Aerospace is measured differently than its book value, which is the value of Howmet that is recorded on the company's balance sheet. Investors also form their own opinion of Howmet Aerospace's value that differs from its market value or its book value, called intrinsic value, which is Howmet Aerospace's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Howmet Aerospace's market value can be influenced by many factors that don't directly affect Howmet Aerospace's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Howmet Aerospace's value and its price as these two are different measures arrived at by different means. Investors typically determine if Howmet Aerospace is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Howmet Aerospace's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.