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Howmet (HWM) Declines More Than Market: Some Information for Investors
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Howmet (HWM - Free Report) closed at $247.72 in the latest trading session, marking a -3.09% move from the prior day. This move lagged the S&P 500's daily loss of 0.64%. On the other hand, the Dow registered a loss of 0.59%, and the technology-centric Nasdaq decreased by 0.59%.
Coming into today, shares of the maker of engineered products for the aerospace and other industries had gained 8.3% in the past month. In that same time, the Aerospace sector gained 3.01%, while the S&P 500 gained 9.33%.
The investment community will be paying close attention to the earnings performance of Howmet in its upcoming release. The company is slated to reveal its earnings on May 7, 2026. The company is predicted to post an EPS of $1.11, indicating a 29.07% growth compared to the equivalent quarter last year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $2.24 billion, up 15.18% from the year-ago period.
For the full year, the Zacks Consensus Estimates are projecting earnings of $4.57 per share and revenue of $9.25 billion, which would represent changes of +21.22% and +12.09%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for Howmet. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.62% increase. Howmet is currently a Zacks Rank #3 (Hold).
In terms of valuation, Howmet is presently being traded at a Forward P/E ratio of 55.94. This expresses a premium compared to the average Forward P/E of 23.31 of its industry.
Meanwhile, HWM's PEG ratio is currently 2.36. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. As of the close of trade yesterday, the Aerospace - Defense industry held an average PEG ratio of 1.76.
The Aerospace - Defense industry is part of the Aerospace sector. This industry currently has a Zacks Industry Rank of 64, which puts it in the top 27% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
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Howmet (HWM) Declines More Than Market: Some Information for Investors
Howmet (HWM - Free Report) closed at $247.72 in the latest trading session, marking a -3.09% move from the prior day. This move lagged the S&P 500's daily loss of 0.64%. On the other hand, the Dow registered a loss of 0.59%, and the technology-centric Nasdaq decreased by 0.59%.
Coming into today, shares of the maker of engineered products for the aerospace and other industries had gained 8.3% in the past month. In that same time, the Aerospace sector gained 3.01%, while the S&P 500 gained 9.33%.
The investment community will be paying close attention to the earnings performance of Howmet in its upcoming release. The company is slated to reveal its earnings on May 7, 2026. The company is predicted to post an EPS of $1.11, indicating a 29.07% growth compared to the equivalent quarter last year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $2.24 billion, up 15.18% from the year-ago period.
For the full year, the Zacks Consensus Estimates are projecting earnings of $4.57 per share and revenue of $9.25 billion, which would represent changes of +21.22% and +12.09%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for Howmet. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.62% increase. Howmet is currently a Zacks Rank #3 (Hold).
In terms of valuation, Howmet is presently being traded at a Forward P/E ratio of 55.94. This expresses a premium compared to the average Forward P/E of 23.31 of its industry.
Meanwhile, HWM's PEG ratio is currently 2.36. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. As of the close of trade yesterday, the Aerospace - Defense industry held an average PEG ratio of 1.76.
The Aerospace - Defense industry is part of the Aerospace sector. This industry currently has a Zacks Industry Rank of 64, which puts it in the top 27% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.