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HWM

39.08USD+0.67(+1.74%)Market Closed

Howmet Aerospace Inc

Market Summary

USD39.08+0.67Market Closed
1.74%

HWM Alerts

HWM Stock Price

RSI Chart

Valuation

Market Cap

15.0B

Price/Earnings

39.33

Price/Sales

2.84

Price/Cashflow

25.77

MarketCap/EBT

33.02

Price/Sales

Profitability

EBT Margin

8.61%

Return on Equity

11.17%

Return on Assets

3.8%

Fundamentals

Revenue

Revenue (TTM)

5.4B

Revenue Y/Y

11.69%

Revenue Q/Q

2.87%

Earnings

Earnings (TTM)

435.0M

Earnings Y/Y

196.3%

Earnings Q/Q

-45.58%

Price Action

52 Week Range

39.24
(Low)(High)

Last 7 days

2.7%

Last 30 days

10.7%

Last 90 days

11.6%

Trailing 12 Months

35.8%

Financial Health

Current Ratio

2.15

Debt/Equity

1.22

Debt/Cashflow

0.14

Investor Care

Dividend Yield

0.22%

Dividend/Share (TTM)

0.12

Buy Backs (1Y)

3.16%

Diluted EPS (TTM)

1.13

Peers (Alternatives to Howmet Aerospace)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
127.1B
64.7B
2.94% 52.11%
21.65
1.96
-2.45% -3.12%
85.4B
61.4B
24.06% -9.64%
-10.12
1.39
-2.19% 0.41%
68.8B
38.8B
3.80% 34.45%
20.55
1.77
0.49% 1.30%
15.0B
5.4B
10.71% 35.78%
39.33
2.84
10.36% 51.57%
10.3B
10.3B
-4.65% 38.05%
17.57
1
7.03% -21.79%
MID-CAP
6.5B
2.5B
9.34% 41.75%
25.19
2.64
-0.10% 7.66%
5.2B
2.2B
9.58% 31.31%
16.88
2.41
5.34% 22.51%
4.7B
1.5B
12.17% 21.42%
43.37
3.11
19.71% 587.39%
2.6B
3.0B
9.96% 0.16%
3.65
0.86
31.76% 66.43%
SMALL-CAP
1.7B
1.7B
22.83% -6.47%
34.81
0.96
-1.13% 700.00%
968.0M
666.0M
-3.46% -46.61%
30.32
1.44
-7.39% 479.40%
599.0M
1.4B
30.95% -28.78%
-26.33
0.42
-17.24% 151.28%
496.3M
308.0M
1.70% -9.98%
29.25
1.52
-14.76% -40.13%
20.0M
720.0K
-11.72% -54.82%
-2.4
23.01
160.18% -17.42%

Financials for Howmet Aerospace

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue2.8%5,4355,2855,0874,9724,925
  S&GA Expenses1.1%286283255251248
  R&D Expenses12.5%2724191717
Earnings Before Taxes17.8%536455382324317
Net Income13.9%435382309258287
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets-1.2%9,92910,05210,12910,21910,357
  Current Assets0.3%2,8462,8372,7822,7372,820
    Cash Equivalents-15.6%453537520720724
  Inventory3.1%1,6121,5631,4831,4021,420
  Net PPE-2.2%2,2882,3402,4002,4672,483
  Goodwill-1.2%3,9654,0124,0534,0674,077
Liabilities0.4%6,6566,6316,6726,7116,778
  Current Liabilities4.5%1,3811,3221,2551,2531,208
.    Short Term Borrowings0%113514
  Long Term Debt0.0%4,1714,1704,2314,2324,286
    LT Debt, Current0%113514
    LT Debt, Non Current0.0%4,1704,1694,2284,2274,272
Shareholder's Equity-4.3%3,2733,4213,4573,5083,579
  Retained Earnings6.3%917863725603534
  Additional Paid-In Capital-2.0%3,9984,0794,1234,2914,473
Accumulated Depreciation-2,772----
Shares Outstanding-0.5%417419429--
Minority Interest------
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations-0.3%581583510449297
  Share Based Compensation-40
Cashflow From Investing-175.0%-143.00-52.0043107263
Cashflow From Financing0%-707.00-707.00-1,270.00-1,444.00-1,204.00
  Buy Backs16.1%540465605430247

Risks

What is the probability of a big loss on HWM?

58.5%


Probability that Howmet Aerospace stock will be more than 20% underwater in next one year

37.3%


Probability that Howmet Aerospace stock will be more than 30% underwater in next one year.

34.2%


Probability that Howmet Aerospace stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does HWM drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Howmet Aerospace was unfortunately bought at previous high price.

Returns

Cumulative Returns on HWM

8.1%


10-Year Cumulative Returns

9.6%


7-Year Cumulative Returns

16.2%


5-Year Cumulative Returns

18.5%


3-Year Cumulative Returns

What are the long-term rolling returns for HWM?

FIve years rolling returns for Howmet Aerospace.

Which funds bought or sold HWM recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-23
Eagle Bay Advisors LLC
-
-
119
1,000
-%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
1,065,000
1,065,000
0.01%
2022-11-22
CVA Family Office, LLC
-
-
2,000
13,000
-%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
-
-
-586,000
19,340,000
0.03%
2022-11-21
Parallax Volatility Advisers, L.P.
-
-
3,831,000
3,863,000
0.01%
2022-11-21
FourThought Financial, LLC
-
-
-
2,000
-%
2022-11-18
National Pension Service
ADDED
311.69
18,092,000
24,024,000
0.05%
2022-11-18
Industrial Alliance Investment Management Inc.
UNCHANGED
-
-7,000
378,000
0.01%
2022-11-17
CENTRAL TRUST Co
UNCHANGED
-
-2,000
98,000
-%
2022-11-17
M&T Bank Corp
-
-
136,000
764,000
-%

1–10 of 43

Latest Funds Activity

Are funds buying HWM calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own HWM

Howmet Aerospace News

InvestorsObserver

Should Howmet Aerospace Inc (HWM) Stock Be in Your Portfolio?.47 hours ago

GuruFocus.com

HWM Fair Value

Howmet Aerospace fair value in different scenarios

The table shows the Fair Value estimates for Howmet Aerospace for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

5.28

-86.49%

7.53

-80.73%

8.27

-78.84%

9.29

-76.23%

10.87

-72.19%

Current Inflation

5.12

-86.90%

7.16

-81.68%

7.70

-80.30%

8.60

-77.99%

9.97

-74.49%

Very High Inflation

4.90

-87.46%

6.69

-82.88%

7.01

-82.06%

7.76

-80.14%

8.89

-77.25%

Historical Howmet Aerospace Fair Value Estimates


Recent SEC filings of Howmet Aerospace

View All Filings
Date Filed Form Type Document
Nov 02, 2022
4
Insider Trading
Oct 31, 2022
10-Q
Quarterly Report
Oct 31, 2022
8-K
Current Report
Oct 11, 2022
8-K
Current Report
Oct 05, 2022
4
Insider Trading
Oct 05, 2022
4
Insider Trading
Oct 04, 2022
4
Insider Trading
Sep 09, 2022
SC 13G/A
Major Ownership Report
Sep 02, 2022
4
Insider Trading
Aug 31, 2022
SC 13D/A
13D - Major Acquisition

Latest Insider Trading transactions for HWM

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-07-15
LIN LOLA FELICE
SOLD (Taxes)
-87,864.8
33.32
-2,637
EVP, CLO, CCO and Secretary
2022-07-05
CANTIE JOSEPH S
ACQUIRED
29,980.4
31.1
964
-
2022-07-05
LEDUC ROBERT F
ACQUIRED
33,743.5
31.1
1,085
-
2022-06-03
Giacobbe Ken
SOLD
-2,298,440
36.3079
-63,304
EVP and CFO
2022-06-03
Giacobbe Ken
ACQUIRED
1,835,150
23.0698
79,548
EVP and CFO
2022-05-27
Miller Jody
ACQUIRED
-
-
4,163
-
2022-05-27
Barner Sharon R
ACQUIRED
-
-
4,163
-
2022-05-27
Miller David J
ACQUIRED
-
-
4,163
-
2022-05-27
Alving Amy E
ACQUIRED
-
-
4,163
-
2022-05-27
ALBAUGH JAMES F
ACQUIRED
-
-
4,163
-

1–10 of 50

John C. Plant
19900
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. It operates through four segments: Engine Products, Fastening Systems, Engineered Structures, and Forged Wheels. The Engine Products segment offers airfoils and seamless rolled rings primarily for aircraft engines and industrial gas turbines; and rotating parts, as well as structural parts. The Fastening Systems segment produces aerospace fastening systems, as well as commercial transportation, industrial, and other fasteners. The Engineered Structures segment provides titanium ingots and mill products for aerospace and defense applications; and aluminum and nickel forgings, and machined components and assemblies. The Forged Wheels segment offers forged aluminum wheels and related products for heavy-duty trucks and commercial transportation markets. The company was formerly known as Arconic Inc. The company was founded in 1888 and is based in Pittsburgh, Pennsylvania.

HWM Income Statement

2022-09-30
Statement of Consolidated Operations (unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]    
Sales$ 1,433$ 1,283$ 4,150$ 3,687
Cost of goods sold (exclusive of expenses below)1,0569282,9932,658
Selling, general administrative, and other expenses7370225190
Research and development expenses742313
Provision for depreciation and amortization6568198203
Restructuring and other charges481222
Operating income228205699601
Loss on debt redemption01182141
Interest expense, net5763172201
Other expense, net6716713
Income before income taxes10423458246
Provision (benefit) for income taxes24(4)10065
Net income8027358181
Amounts Attributable to Howmet Aerospace Common Shareholders:    
Net income7926356179
Net income$ 79$ 26$ 356$ 179
Earnings per share:    
Basic (in usd per share)$ 0.19$ 0.06$ 0.86$ 0.42
Diluted (in usd per share)$ 0.19$ 0.06$ 0.84$ 0.41
Average Shares Outstanding:    
Basic (in shares)415429417431
Diluted (in shares)420434422437

HWM Balance Sheet

2022-09-30
Consolidated Balance Sheet (unaudited) - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Current assets:  
Cash and cash equivalents$ 453$ 720
Receivables from customers, less allowances of $— in both 2022 and 2021 (J)550367
Other receivables (J)5053
Inventories (K)1,6121,402
Prepaid expenses and other current assets181195
Total current assets2,8462,737
Properties, plants, and equipment, net (L)2,2882,467
Goodwill3,9654,067
Deferred income taxes106184
Intangibles, net523549
Other noncurrent assets (M)201215
Total assets9,92910,219
Current liabilities:  
Accounts payable, trade812732
Accrued compensation and retirement costs204198
Taxes, including income taxes5661
Accrued interest payable6874
Other current liabilities (M)(Q)240183
Short-term debt (N)15
Total current liabilities1,3811,253
Long-term debt, less amount due within one year (N)(O)4,1704,227
Accrued pension benefits (E)689771
Accrued other postretirement benefits (E)147153
Other noncurrent liabilities and deferred credits (M)269307
Total liabilities6,6566,711
Contingencies and commitments (Q)
Howmet Aerospace shareholders’ equity:  
Preferred stock5555
Common stock414422
Additional capital3,9984,291
Retained earnings917603
Accumulated other comprehensive loss (I)(2,111)(1,863)
Total equity3,2733,508
Total liabilities and equity$ 9,929$ 10,219