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Howmet (HWM) Stock Falls Amid Market Uptick: What Investors Need to Know
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In the latest trading session, Howmet (HWM - Free Report) closed at $211.63, marking a -3.82% move from the previous day. The stock fell short of the S&P 500, which registered a gain of 0.28% for the day. Elsewhere, the Dow gained 1.02%, while the tech-heavy Nasdaq lost 0.02%.
The maker of engineered products for the aerospace and other industries's stock has dropped by 3.23% in the past month, exceeding the Aerospace sector's loss of 4.05% and lagging the S&P 500's gain of 0.67%.
Analysts and investors alike will be keeping a close eye on the performance of Howmet in its upcoming earnings disclosure. The company's earnings report is set to go public on October 29, 2026. The company is predicted to post an EPS of $1.37, indicating a 44.21% growth compared to the equivalent quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $2.59 billion, up 23.98% from the year-ago period.
For the full year, the Zacks Consensus Estimates project earnings of $5.34 per share and a revenue of $10.12 billion, demonstrating changes of +41.64% and +22.61%, respectively, from the preceding year.
Investors should also pay attention to any latest changes in analyst estimates for Howmet. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. 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, there's been a 0.19% rise in the Zacks Consensus EPS estimate. Howmet is currently a Zacks Rank #1 (Strong Buy).
In the context of valuation, Howmet is at present trading with a Forward P/E ratio of 41.2. This expresses a premium compared to the average Forward P/E of 23.12 of its industry.
We can additionally observe that HWM currently boasts a PEG ratio of 1.98. 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. The Aerospace - Defense industry currently had an average PEG ratio of 1.62 as of yesterday's close.
The Aerospace - Defense industry is part of the Aerospace sector. With its current Zacks Industry Rank of 87, this industry ranks in the top 36% of all industries, numbering over 250.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
View the Zacks #1 Rank List
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Howmet (HWM) Stock Falls Amid Market Uptick: What Investors Need to Know
In the latest trading session, Howmet (HWM - Free Report) closed at $211.63, marking a -3.82% move from the previous day. The stock fell short of the S&P 500, which registered a gain of 0.28% for the day. Elsewhere, the Dow gained 1.02%, while the tech-heavy Nasdaq lost 0.02%.
The maker of engineered products for the aerospace and other industries's stock has dropped by 3.23% in the past month, exceeding the Aerospace sector's loss of 4.05% and lagging the S&P 500's gain of 0.67%.
Analysts and investors alike will be keeping a close eye on the performance of Howmet in its upcoming earnings disclosure. The company's earnings report is set to go public on October 29, 2026. The company is predicted to post an EPS of $1.37, indicating a 44.21% growth compared to the equivalent quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $2.59 billion, up 23.98% from the year-ago period.
For the full year, the Zacks Consensus Estimates project earnings of $5.34 per share and a revenue of $10.12 billion, demonstrating changes of +41.64% and +22.61%, respectively, from the preceding year.
Investors should also pay attention to any latest changes in analyst estimates for Howmet. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. 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, there's been a 0.19% rise in the Zacks Consensus EPS estimate. Howmet is currently a Zacks Rank #1 (Strong Buy).
In the context of valuation, Howmet is at present trading with a Forward P/E ratio of 41.2. This expresses a premium compared to the average Forward P/E of 23.12 of its industry.
We can additionally observe that HWM currently boasts a PEG ratio of 1.98. 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. The Aerospace - Defense industry currently had an average PEG ratio of 1.62 as of yesterday's close.
The Aerospace - Defense industry is part of the Aerospace sector. With its current Zacks Industry Rank of 87, this industry ranks in the top 36% of all industries, numbering over 250.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.