Howmet Aerospace Stock Performance
| HWM Stock | USD 118.44 1.46 1.25% |
On a scale of 0 to 100, Howmet Aerospace holds a performance score of 12. The company retains a Market Volatility (i.e., Beta) of -0.28, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Howmet Aerospace are expected to decrease at a much lower rate. During the bear market, Howmet Aerospace is likely to outperform the market. Please check Howmet Aerospace's downside variance, as well as the relationship between the accumulation distribution and market facilitation index , to make a quick decision on whether Howmet Aerospace's current trending patterns will revert.
Risk-Adjusted Performance
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Compared to the overall equity markets, risk-adjusted returns on investments in Howmet Aerospace are ranked lower than 12 (%) of all global equities and portfolios over the last 90 days. In spite of very abnormal basic indicators, Howmet Aerospace displayed solid returns over the last few months and may actually be approaching a breakup point. ...more
| Howmet Aerospace dividend paid on 25th of November 2024 | 11/25/2024 |
| Begin Period Cash Flow | 792 M |
Howmet |
Howmet Aerospace Relative Risk vs. Return Landscape
If you would invest 9,688 in Howmet Aerospace on August 27, 2024 and sell it today you would earn a total of 2,156 from holding Howmet Aerospace or generate 22.25% return on investment over 90 days. Howmet Aerospace is generating 0.3355% of daily returns assuming volatility of 2.1085% on return distribution over 90 days investment horizon. In other words, 18% of stocks are less volatile than Howmet, and above 94% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
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Howmet Aerospace Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Howmet Aerospace's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Howmet Aerospace, and traders can use it to determine the average amount a Howmet Aerospace's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1591
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Estimated Market Risk
| 2.11 actual daily | 18 82% of assets are more volatile |
Expected Return
| 0.34 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.16 actual daily | 12 88% of assets perform better |
Based on monthly moving average Howmet Aerospace is performing at about 12% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Howmet Aerospace by adding it to a well-diversified portfolio.
Howmet Aerospace Fundamentals Growth
Howmet Stock prices reflect investors' perceptions of the future prospects and financial health of Howmet Aerospace, and Howmet Aerospace fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Howmet Stock performance.
| Return On Equity | 0.26 | ||||
| Return On Asset | 0.0905 | ||||
| Profit Margin | 0.15 % | ||||
| Operating Margin | 0.22 % | ||||
| Current Valuation | 51.09 B | ||||
| Shares Outstanding | 406.26 M | ||||
| Price To Earning | 36.86 X | ||||
| Price To Book | 10.82 X | ||||
| Price To Sales | 6.62 X | ||||
| Revenue | 6.64 B | ||||
| EBITDA | 1.47 B | ||||
| Cash And Equivalents | 791 M | ||||
| Cash Per Share | 1.10 X | ||||
| Total Debt | 3.83 B | ||||
| Debt To Equity | 1.31 % | ||||
| Book Value Per Share | 10.93 X | ||||
| Cash Flow From Operations | 901 M | ||||
| Earnings Per Share | 2.61 X | ||||
| Total Asset | 10.43 B | ||||
| Retained Earnings | 1.72 B | ||||
| Current Asset | 6.02 B | ||||
| Current Liabilities | 4.19 B | ||||
About Howmet Aerospace Performance
By examining Howmet Aerospace's fundamental ratios, stakeholders can obtain critical insights into Howmet Aerospace's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Howmet Aerospace is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
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.Things to note about Howmet Aerospace performance evaluation
Checking the ongoing alerts about Howmet Aerospace for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Howmet Aerospace help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Howmet Aerospace has a poor financial position based on the latest SEC disclosures | |
| Over 93.0% of the company shares are owned by institutional investors | |
| On 25th of November 2024 Howmet Aerospace paid $ 0.08 per share dividend to its current shareholders |
- Analyzing Howmet Aerospace's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Howmet Aerospace's stock is overvalued or undervalued compared to its peers.
- Examining Howmet Aerospace's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Howmet Aerospace's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Howmet Aerospace's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Howmet Aerospace's stock. These opinions can provide insight into Howmet Aerospace's potential for growth and whether the stock is currently undervalued or overvalued.
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 ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Aerospace & Defense 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.