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Howmet (HWM) Exceeds Market Returns: Some Facts to Consider
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Howmet (HWM - Free Report) closed the most recent trading day at $279.00, moving +2.58% from the previous trading session. The stock exceeded the S&P 500, which registered a gain of 0.89% for the day. Meanwhile, the Dow experienced a rise of 0.74%, and the technology-dominated Nasdaq saw an increase of 1.29%.
The maker of engineered products for the aerospace and other industries's shares have seen a decrease of 2.99% over the last month, surpassing the Aerospace sector's loss of 6.03% and falling behind the S&P 500's loss of 0.63%.
The investment community will be closely monitoring the performance of Howmet in its forthcoming earnings report. The company is scheduled to release its earnings on August 6, 2026. The company is forecasted to report an EPS of $1.23, showcasing a 35.16% upward movement from the corresponding quarter of the prior year. Our most recent consensus estimate is calling for quarterly revenue of $2.41 billion, up 17.52% from the year-ago period.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $4.98 per share and a revenue of $9.74 billion, indicating changes of +32.1% and +18.02%, respectively, from the former year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Howmet. Such recent modifications usually signify the changing landscape of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.11% higher. Howmet currently has a Zacks Rank of #2 (Buy).
Digging into valuation, Howmet currently has a Forward P/E ratio of 54.63. Its industry sports an average Forward P/E of 22.53, so one might conclude that Howmet is trading at a premium comparatively.
We can additionally observe that HWM currently boasts a PEG ratio of 2.17. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. By the end of yesterday's trading, the Aerospace - Defense industry had an average PEG ratio of 1.59.
The Aerospace - Defense industry is part of the Aerospace sector. Currently, this industry holds a Zacks Industry Rank of 90, positioning it in the top 37% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow HWM in the coming trading sessions, be sure to utilize Zacks.com.
View the Zacks #1 Rank List
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Howmet (HWM) Exceeds Market Returns: Some Facts to Consider
Howmet (HWM - Free Report) closed the most recent trading day at $279.00, moving +2.58% from the previous trading session. The stock exceeded the S&P 500, which registered a gain of 0.89% for the day. Meanwhile, the Dow experienced a rise of 0.74%, and the technology-dominated Nasdaq saw an increase of 1.29%.
The maker of engineered products for the aerospace and other industries's shares have seen a decrease of 2.99% over the last month, surpassing the Aerospace sector's loss of 6.03% and falling behind the S&P 500's loss of 0.63%.
The investment community will be closely monitoring the performance of Howmet in its forthcoming earnings report. The company is scheduled to release its earnings on August 6, 2026. The company is forecasted to report an EPS of $1.23, showcasing a 35.16% upward movement from the corresponding quarter of the prior year. Our most recent consensus estimate is calling for quarterly revenue of $2.41 billion, up 17.52% from the year-ago period.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $4.98 per share and a revenue of $9.74 billion, indicating changes of +32.1% and +18.02%, respectively, from the former year.
It's also important for investors to be aware of any recent modifications to analyst estimates for Howmet. Such recent modifications usually signify the changing landscape of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.11% higher. Howmet currently has a Zacks Rank of #2 (Buy).
Digging into valuation, Howmet currently has a Forward P/E ratio of 54.63. Its industry sports an average Forward P/E of 22.53, so one might conclude that Howmet is trading at a premium comparatively.
We can additionally observe that HWM currently boasts a PEG ratio of 2.17. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. By the end of yesterday's trading, the Aerospace - Defense industry had an average PEG ratio of 1.59.
The Aerospace - Defense industry is part of the Aerospace sector. Currently, this industry holds a Zacks Industry Rank of 90, positioning it in the top 37% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow HWM in the coming trading sessions, be sure to utilize Zacks.com.