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Howmet Aerospace Inc Stock Research

HWM

46.30USD-0.24(-0.52%)Market Closedas of 21 Sep 2023, 09:31 am
Watchlist

Market Summary

USD46.30-0.24
Market Closedas of 21 Sep 2023, 09:31 am
-0.52%

HWM Stock Price

HWM RSI Chart

HWM Valuation

Market Cap

19.2B

Price/Earnings (Trailing)

36.13

Price/Sales (Trailing)

3.1

EV/EBITDA

18.76

Price/Free Cashflow

33.14

HWM Price/Sales (Trailing)

HWM Profitability

EBT Margin

11.02%

Return on Equity

12.92%

Return on Assets

4.78%

Free Cashflow Yield

3.02%

HWM Fundamentals

HWM Revenue

Revenue (TTM)

6.2B

Revenue Y/Y

18.31%

Revenue Q/Q

2.81%

HWM Earnings

Earnings (TTM)

532.0M

Earnings Y/Y

31.29%

Earnings Q/Q

30.41%

Price Action

52 Week Range

30.6051.34
(Low)(High)

Last 7 days

-1.1%

Last 30 days

-4.2%

Last 90 days

0.0%

Trailing 12 Months

35.8%

HWM Financial Health

Current Ratio

2.18

Debt/Equity

1.06

Debt/Cashflow

0.18

HWM Investor Care

Dividend Yield

0.3%

Dividend/Share (TTM)

0.14

Buy Backs (1Y)

0.96%

Diluted EPS (TTM)

1.33

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for HWM

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-08-09
Marchuk Neil Edward
sold
-4,004,460
50.0558
-80,000
evp, hr
2023-07-06
CANTIE JOSEPH S
acquired
29,957
48.95
612
-
2023-07-06
Miller Jody
acquired
31,817
48.95
650
-
2023-05-19
LEDUC ROBERT F
acquired
-
-
3,559
-
2023-05-19
SCHMIDT ULRICH
acquired
-
-
3,559
-
2023-05-19
Alving Amy E
acquired
-
-
3,559
-
2023-05-19
Barner Sharon R
acquired
-
-
3,559
-
2023-05-19
Miller Jody
acquired
-
-
3,559
-
2023-05-19
CANTIE JOSEPH S
acquired
-
-
3,559
-
2023-05-19
Miller David J
acquired
-
-
3,559
-

1–10 of 50

Which funds bought or sold HWM recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-14
IMS Capital Management
new
-
213,455
213,455
0.12%
2023-09-12
Farther Finance Advisors, LLC
added
4.72
1,210
6,591
-%
2023-08-28
DT Investment Partners, LLC
unchanged
-
300
3,136
-%
2023-08-24
Alberta Investment Management Corp
reduced
-77.39
-2,412,350
867,300
0.01%
2023-08-23
Stonebridge Capital Advisors LLC
added
429
51,235
61,107
0.01%
2023-08-23
WOLVERINE TRADING, LLC
new
-
240,484
240,484
-%
2023-08-22
Asset Dedication, LLC
unchanged
-
-
1,000
-%
2023-08-22
VIRGINIA RETIREMENT SYSTEMS ET AL
new
-
5,704,360
5,704,360
0.06%
2023-08-22
COMERICA BANK
new
-
-
-
-%
2023-08-21
BOKF, NA
reduced
-4.76
5,579
54,516
-%

1–10 of 47

Latest Funds Activity

Are funds buying HWM calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own HWM
No. of Funds

Schedule 13G FIlings of Howmet Aerospace

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Jun 02, 2023
elliott investment management l.p.
4.2%
17,270,000
SC 13D/A
May 08, 2023
elliott investment management l.p.
5.4%
22,514,375
SC 13D/A
Feb 23, 2023
elliott investment management l.p.
7.6%
31,211,789
SC 13D/A
Feb 09, 2023
vanguard group inc
10.27%
42,507,281
SC 13G/A
Jan 06, 2023
blackrock inc.
10.1%
41,699,014
SC 13G
Sep 09, 2022
vanguard group inc
10.06%
41,783,188
SC 13G/A
Aug 31, 2022
elliott investment management l.p.
8.8%
36,581,922
SC 13D/A
Feb 14, 2022
orbis investment management ltd
4.3%
18,232,114
SC 13G/A
Feb 10, 2022
vanguard group inc
9.65%
41,227,658
SC 13G/A
Feb 01, 2022
blackrock inc.
8.3%
35,653,055
SC 13G/A

Recent SEC filings of Howmet Aerospace

View All Filings
Date Filed Form Type Document
Sep 05, 2023
4
Insider Trading
Aug 21, 2023
S-3ASR
S-3ASR
Aug 16, 2023
144
Notice of Insider Sale Intent
Aug 11, 2023
4
Insider Trading
Aug 09, 2023
144
Notice of Insider Sale Intent
Aug 07, 2023
144
Notice of Insider Sale Intent
Aug 03, 2023
144
Notice of Insider Sale Intent
Aug 01, 2023
8-K
Current Report
Aug 01, 2023
4
Insider Trading
Aug 01, 2023
10-Q
Quarterly Report

Peers (Alternatives to Howmet Aerospace)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
128.3B
67.4B
-5.44% 1.51%
22.39
1.94
5.03% 50.05%
123.5B
73.6B
-10.94% 38.67%
-29.91
1.75
21.18% 15.27%
63.0B
40.9B
0.57% -1.00%
18.58
1.6
6.29% 1.81%
19.2B
6.2B
-4.18% 35.76%
36.13
3.1
17.26% 39.27%
MID-CAP
8.2B
10.9B
-6.52% -11.22%
15.77
0.75
6.30% -11.11%
7.8B
2.7B
-0.38% 40.16%
24.29
2.86
10.88% 24.36%
6.9B
2.3B
5.00% 42.90%
30.63
2.95
7.03% -27.80%
5.7B
1.7B
-4.81% 15.88%
38.55
3.37
15.46% 64.82%
4.0B
1.6B
3.78% 60.43%
-25.48
2.47
-9.20% -222.66%
3.0B
2.8B
11.03% 49.17%
5.32
1.1
-7.16% -17.30%
SMALL-CAP
565.5M
758.8M
-7.22% -34.61%
-11.52
0.75
12.62% -255.14%
548.5M
1.4B
-14.88% -23.59%
6.71
0.4
-3.95% 459.45%
518.5M
343.1M
-1.62% 8.93%
20.35
1.51
5.39% 50.17%
16.7M
360.0K
-0.20% 2102.94%
-1.79
46.38
-57.89% -20.15%

Howmet Aerospace News

MarketWatch
Howmet Aerospace Inc. stock underperforms Wednesday when compared to competitors.
MarketWatch,
16 hours ago
Clayton County Register
InvestorsObserver

Returns for HWM

Cumulative Returns on HWM

10.1%


10-Year Cumulative Returns

11.7%


7-Year Cumulative Returns

21.8%


5-Year Cumulative Returns

38.1%


3-Year Cumulative Returns

Risks for HWM

What is the probability of a big loss on HWM?

42.7%


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

28.1%


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

25%


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.

Drawdowns

Financials for Howmet Aerospace

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue4.3%6,1975,9425,6635,4355,2855,0874,9724,9254,7764,8345,2595,7556,4156,9807,0988,83610,56612,32114,01413,81313,525
  S&GA Expenses1.7%299294288286283255251248244263277312335363400276321377371610628
  R&D Expenses0%34.0034.0032.0027.0024.0019.0017.0017.0018.0018.0017.0019.0020.0023.0028.00-1.0018.0040.0041.00105104
EBITDA-100.0%-1,1511,1001,03195940033518916833.00133501747646408------
EBITDA Margin-100.0%-0.19*0.19*0.19*0.18*0.08*0.07*0.04*0.04*0.01*0.03*0.09*0.09*0.06*0.03*------
Interest Expenses-0.9%226228229230236245259277291369317387395337338342345348377389401
Earnings Before Taxes9.2%71565560653645538232431728286.00171298473291210-62.0024.00486428187110
EBT Margin-100.0%-0.11*0.11*0.10*0.09*0.08*0.07*0.06*0.06*0.02*0.03*0.07*0.07*0.04*0.02*------
Net Income9.5%532486469435382309258287296126261273295255126226329585642-303-345
Net Income Margin-100.0%-0.08*0.08*0.08*0.07*0.06*0.05*0.06*0.06*0.03*0.05*0.08*0.06*0.05*0.04*------
Free Cashflow-100.0%-50654037236930425011291.00124-258-27.00-184-213-180------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets0.6%10,23310,17410,2559,92910,05210,12910,21910,35710,37910,97111,44311,33911,36318,46517,56217,48417,91318,36118,69318,32718,219
  Current Assets2.3%3,1283,0573,1432,8462,8372,7822,7372,8202,7993,3283,6723,6003,7026,9485,8435,9086,0186,0536,5816,1326,075
    Cash Equivalents-0.4%5355377914535385227227267161,2391,6111,3681,2852,6431,7031,3241,3601,3262,2821,5421,460
  Inventory3.2%1,7151,6621,6091,6121,5631,4831,4021,4201,4561,4531,4881,5921,6732,5121,6072,5552,6062,6122,4922,6222,659
  Net PPE-0.1%2,3192,3212,3322,2882,3402,4002,4672,4832,5152,5242,5922,5522,5585,3582,6295,3775,5175,72724.005,6455,582
  Goodwill0.0%4,0264,0244,0133,9654,0124,0534,0674,0774,0904,0864,1024,0724,051-17.004,0674,4601054,5094,1864,5174,518
Liabilities0.7%6,4586,4136,6546,6566,6316,6726,7116,7786,7817,3097,8667,8387,91413,66812,95712,77413,04713,18313,10812,95213,001
  Current Liabilities0.5%1,4101,4031,4821,3811,3221,2551,2531,2081,2271,6801,6601,5771,6584,1074,1254,4603,6213,6593,5203,0142,977
  Short Term Borrowings----1.001.003.005.0014.0013.004893763843911,3421,0341,43443443543442.0045.00
  Long Term Debt0.0%3,9893,9884,1624,1704,1694,2284,2274,2724,2274,2244,6994,6974,6955,7774,9064,9055,9015,8995,8966,3156,312
Shareholder's Equity0.4%3,7753,7613,6013,2733,4213,4573,5083,5793,5983,6623,5773,5013,4494,7814,6054,6944,8505,1785,5695,3755,218
  Retained Earnings15.1%1,3341,1591,028917863725603534517443364258223335113-179-256-134-358-943-1,073
  Additional Paid-In Capital-4.0%3,7823,9413,9473,9984,0794,1234,2914,4734,4814,6714,6684,6834,7037,3267,3197,3147,4847,6448,3198,3108,295
Shares Outstanding0.2%413412-415417419-429432434-436436435-436445471-630630
Minority Interest--------------14.0014.0014.0012.0012.0012.0014.0014.00
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations10.1%7727017335815835104492972652119.0030243651146144332539521712517.00
  Share Based Compensation-52.00---58.00----------------
Cashflow From Investing-26.8%-175-138-135-143-52.0043.00107263321263271509401497528525590578565252287
Cashflow From Financing-9.5%-598-546-526-707-707-1,270-1,444-1,204-1,160-1,882-369-763-903318-1,568-1,184-1,014-848-649-654-637
  Buy Backs16.0%29025040054046560543024727373.0073.001012504501,1501,100900700---

HWM Income Statement

2023-06-30
Statement of Consolidated Operations (unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]    
Sales (C)$ 1,648$ 1,393$ 3,251$ 2,717
Cost of goods sold (exclusive of expenses below)1,1969872,3601,937
Selling, general administrative, and other expenses8883163152
Research and development expenses991816
Provision for depreciation and amortization6767136133
Restructuring and other charges (D)3648
Operating income285241570471
Loss on debt redemption (N)0212
Interest expense, net5557112115
Other income, net (F)(P)(13)(1)(6)0
Income before income taxes243183463354
Provision for income taxes (G)503612276
Net income193147341278
Amounts Attributable to Howmet Aerospace Common Shareholders (H):    
Net income193147340277
Net income$ 193$ 147$ 340$ 277
Earnings per share:    
Basic (in usd per share)$ 0.47$ 0.35$ 0.82$ 0.66
Diluted (in usd per share)$ 0.46$ 0.35$ 0.81$ 0.66
Average Shares Outstanding (H):    
Basic (in shares)413417413418
Diluted (in shares)417422417423

HWM Balance Sheet

2023-06-30
Consolidated Balance Sheet (unaudited) - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 535$ 791
Receivables from customers, less allowances of $1 in both 2023 and 2022 (J)657506
Other receivables1431
Inventories (K)1,7151,609
Prepaid expenses and other current assets207206
Total current assets3,1283,143
Properties, plants, and equipment, net (L)2,3192,332
Goodwill4,0264,013
Deferred income taxes5254
Intangibles, net513521
Other noncurrent assets (M)195192
Total assets10,23310,255
Current liabilities:  
Accounts payable, trade (B)881962
Accrued compensation and retirement costs209195
Taxes, including income taxes (G)7848
Accrued interest payable7375
Other current liabilities (M)(P)169202
Total current liabilities1,4101,482
Long-term debt, less amounts due within one year (N)(O)3,9894,162
Accrued pension benefits (E)626633
Accrued other postretirement benefits (E)106109
Other noncurrent liabilities and deferred credits (M)327268
Total liabilities6,4586,654
Contingencies and commitments (P)
Howmet Aerospace shareholders’ equity:  
Preferred stock5555
Common stock412412
Additional capital3,7823,947
Retained earnings1,3341,028
Accumulated other comprehensive loss (I)(1,808)(1,841)
Total equity3,7753,601
Total liabilities and equity$ 10,233$ 10,255
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.