Balancing Howmet Aerospace's Technicals with Its Strong Fundamentals

By Kim Brooks • Monday, January 20 10:11 • Permanent Link

Large-cap Industrials company Howmet Aerospace has moved 1.9% so far today on a volume of 3,435,516, compared to its average of 2,426,665. In contrast, the S&P 500 index moved 1.0%.

Howmet Aerospace trades -0.38% away from its average analyst target price of $125.78 per share. The 22 analysts following the stock have set target prices ranging from $81.0 to $145.0, and on average have given Howmet Aerospace a rating of buy.

Anyone interested in buying HWM should be aware of the facts below:

Howmet Aerospace's current price is 525.2% above its Graham number of $20.04, which implies that at its current valuation it does not offer a margin of safety
Howmet Aerospace has moved 123.5% over the last year, and the S&P 500 logged a change of 23.6%
Based on its trailing earnings per share of 2.61, Howmet Aerospace has a trailing 12 month Price to Earnings (P/E) ratio of 48.0 while the S&P 500 average is 29.3
HWM has a forward P/E ratio of 39.5 based on its forward 12 month price to earnings (EPS) of $3.17 per share
Its Price to Book (P/B) ratio is 11.47 compared to its sector average of 3.2
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.
Based in Pittsburgh, the company has 23,200 full time employees and a market cap of $50.9 Billion. Howmet Aerospace currently returns an annual dividend yield of 0.2%.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.