Howmet Aerospace Inc. (HWM)
115.05 USD +3.39 (+3.04%) Volume: 2.3M
Howmet Aerospace Inc.’s stock price soars to 115.05 USD, marking a noteworthy +3.04% increase in this trading session with a robust trading volume of 2.3M. Year-to-date, HWM’s stock displays a positive trajectory with a percentage change of +3.84%, indicating a strong performance in the aerospace industry.
Latest developments on Howmet Aerospace Inc.
Howmet Aerospace (HWM) has been making headlines this year as its stock performance continues to outpace its aerospace peers. The company’s stock price movements have been closely watched by investors, with many attributing its success to strategic business decisions and strong financial performance. As the aerospace industry faces challenges and uncertainties, Howmet Aerospace has managed to stand out with its resilience and growth. Investors are keeping a close eye on the company’s next moves as it navigates the ever-changing market landscape.
Howmet Aerospace Inc. on Smartkarma
Analysts at Baptista Research have provided bullish coverage on Howmet Aerospace, highlighting the company’s impressive financial performance in their recent research reports. In a report titled “Howmet Aerospace Inc.: Capitalizing on Explosive Commercial Aerospace Growth for 2025! – Major Drivers,” they noted that the company’s third-quarter results for 2024 showed significant revenue growth of 11% year-over-year, with a strong focus on the commercial aerospace sector. The engine products and fasteners segments were particularly strong performers, contributing to the company’s overall success.
Furthermore, Baptista Research‘s report “Howmet Aerospace: Market Expansion Through Service Offerings & Strategic Collaborations! – Major Drivers” emphasized Howmet Aerospace’s second-quarter earnings for 2024, which demonstrated a remarkable 14% year-over-year revenue growth. The commercial aerospace sector saw a substantial 27% increase in revenue, showcasing a consistent growth trend. With an EBITDA of $483 million and an impressive profit margin of 25.7%, Howmet Aerospace’s strong financial performance has caught the attention of analysts on Smartkarma.
A look at Howmet Aerospace Inc. Smart Scores
Factor | Score | Magnitude |
---|---|---|
Value | 2 | |
Dividend | 2 | |
Growth | 5 | |
Resilience | 2 | |
Momentum | 4 | |
OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Howmet Aerospace’s long-term outlook appears promising, with a strong emphasis on growth and momentum. With a high score of 5 in growth and 4 in momentum, the company is positioned well for future expansion and market performance. This indicates that Howmet Aerospace is likely to see continued development and progress in the coming years, making it an attractive option for investors looking for potential growth opportunities.
While Howmet Aerospace scores lower in value, dividend, and resilience, the company’s focus on growth and momentum suggests a positive trajectory in the long run. Specializing in engineered metal products for the aerospace and commercial transportation industries, Howmet Aerospace remains a key player in these sectors, showcasing its commitment to innovation and advancement in its field.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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