Howmet Aerospace Inc (NYSE: HWM) is 52.27% higher on its value in year-to-date trading and has touched a low of $42.94 and a high of $85.52 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The HWM stock was last observed hovering at around $80.25 in the last trading session, with the day’s gains setting it 2.16%.
Currently trading at $82.41, the stock is 4.21% and 1.44% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.51 million and changing 2.69% at the moment leaves the stock 29.62% off its SMA200. HWM registered 65.12% gain for a year compared to 6-month gain of 46.98%.
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The stock witnessed a 2.83% loss in the last 1 month and extending the period to 3 months gives it a 30.96%, and is 1.27% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.78% over the week and 2.31% over the month.
Howmet Aerospace Inc (HWM) has around 23200 employees, a market worth around $33.64B and $6.86B in sales. Current P/E ratio is 39.79 and Fwd P/E is 28.64. Profit margin for the company is 12.51%. Distance from 52-week low is 91.94% and -3.64% from its 52-week high. The company has generated returns on investments over the last 12 months (11.17%).
The EPS is expected to grow by 29.91% this year.
Howmet Aerospace Inc (HWM) Top Institutional Holders
The shares outstanding are 409.91M, and float is at 403.51M with Short Float at 2.74%.
Howmet Aerospace Inc (HWM) Insider Activity
The most recent transaction is an insider sale by Marchuk Neil Edward,the company’sEVP, HR. SEC filings show that Marchuk Neil Edward sold 32,614 shares of the company’s common stock on Jun 03 ’24 at a price of $84.26 per share for a total of $2.75 million. Following the sale, the insider now owns 0.22 million shares.
Howmet Aerospace Inc disclosed in a document filed with the SEC on Mar 04 ’24 that Marchuk Neil Edward (EVP, HR) sold a total of 45,000 shares of the company’s common stock. The trade occurred on Mar 04 ’24 and was made at $67.44 per share for $3.03 million. Following the transaction, the insider now directly holds 0.23 million shares of the HWM stock.
Still, SEC filings show that on Aug 09 ’23, Marchuk Neil Edward (EVP, HR) disposed off 80,000 shares at an average price of $50.06 for $4.0 million. The insider now directly holds 261,291 shares of Howmet Aerospace Inc (HWM).
