Is Howmet Aerospace Inc. (HWM) a Keeper?

Howmet Aerospace Inc. (NYSE:HWM) went up by 0.64% from its latest closing price compared to the recent 1-year high of $26.27. The company’s stock price has collected 1.29% of gains in the last five trading sessions. Press Release reported on 08/17/20 that Howmet Aerospace Board Approves Preferred Stock Dividend

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Is It Worth Investing in Howmet Aerospace Inc. (NYSE :HWM) Right Now?

Howmet Aerospace Inc. (NYSE:HWM) scored a price-to-earnings ratio above its average ratio, recording 16.96 x from its present earnings ratio. Plus, the 36-month beta value for HWM is at 1.62. Opinions of the stock are interesting as 3 analysts out of 8 who provided ratings for Howmet Aerospace Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 5 rated it as “hold,” and 0 as “sell.”

The average price from analysts is $22.60, which is $3.7 above the current price. HWM currently public float of 433.81M and currently shorts hold a 3.26% ratio of that float. Today, the average trading volume of HWM was 2.87M shares.

HWM’s Market Performance

HWM stocks went up by 1.29% for the week, with a monthly drop of -3.94% and a quarterly performance of 9.15%, while its annual performance rate touched -13.19%. The volatility ratio for the week stands at 4.04% while the volatility levels for the past 30 days are set at 4.49% for Howmet Aerospace Inc.. The simple moving average for the period of the last 20 days is -1.24% for HWM stocks with a simple moving average of -0.10% for the last 200 days.

Analysts’ Opinion of HWM

Barclays, on the other hand, stated in their research note that they expect to see HWM reach a price target of $22. The rating they have provided for HWM stocks is “Overweight” according to the report published on September 10th, 2020.

HWM Trading at 2.03% from the 50-Day Moving Average

After a stumble in the market that brought HWM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -34.14% of loss for the given period.

Volatility was left at 4.49%, however, over the last 30 days, the volatility rate increased by 4.04%, as shares sank -1.26% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +10.33% upper at present.

During the last 5 trading sessions, HWM rose by +1.29%, which changed the moving average for the period of 200-days by -45.29% in comparison to the 20-day moving average, which settled at $17.51. In addition, Howmet Aerospace Inc. saw -26.65% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for HWM

Current profitability levels for the company are sitting at:

  • +11.64 for the present operating margin
  • +17.09 for the gross margin

The net margin for Howmet Aerospace Inc. stands at +3.31. The total capital return value is set at 14.52, while invested capital returns managed to touch 4.44. Equity return is now at value 12.00, with 3.20 for asset returns.

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Based on Howmet Aerospace Inc. (HWM), the company’s capital structure generated 134.69 points at debt to equity in total, while total debt to capital is 57.39. Total debt to assets is 35.30, with long-term debt to equity ratio resting at 112.04. Finally, the long-term debt to capital ratio is 47.17.

Currently, EBITDA for the company is 256.00M with total debt to EBITDA at 2.72. When we switch over and look at the enterprise to sales, we see a ratio of 1.33, with the company’s debt to enterprise value settled at 0.33. The receivables turnover for the company is 9.62 and the total asset turnover is 0.78. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.42.

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