Howmet Aerospace (NYSE:HWM – Get Free Report) is scheduled to be announcing its earnings results before the market opens on Thursday, May 2nd. Analysts expect the company to announce earnings of $0.52 per share for the quarter. Investors that wish to listen to the company’s conference call can do so using this link.
Howmet Aerospace (NYSE:HWM – Get Free Report) last released its earnings results on Tuesday, February 13th. The company reported $0.53 earnings per share for the quarter, topping the consensus estimate of $0.47 by $0.06. The business had revenue of $1.73 billion for the quarter, compared to the consensus estimate of $1.65 billion. Howmet Aerospace had a net margin of 11.52% and a return on equity of 20.12%. The firm’s quarterly revenue was up 14.4% compared to the same quarter last year. During the same period last year, the firm posted $0.38 earnings per share. On average, analysts expect Howmet Aerospace to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.
Howmet Aerospace Stock Performance
Howmet Aerospace stock opened at $64.70 on Thursday. The firm’s 50 day simple moving average is $65.87 and its 200-day simple moving average is $56.88. The company has a market cap of $26.42 billion, a P/E ratio of 35.36, a price-to-earnings-growth ratio of 1.64 and a beta of 1.43. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.86 and a quick ratio of 0.87. Howmet Aerospace has a fifty-two week low of $42.17 and a fifty-two week high of $69.55.
Analyst Ratings Changes
Get Our Latest Analysis on Howmet Aerospace
Insider Buying and Selling at Howmet Aerospace
In related news, EVP Neil Edward Marchuk sold 45,000 shares of the stock in a transaction that occurred on Monday, March 4th. The shares were sold at an average price of $67.44, for a total value of $3,034,800.00. Following the sale, the executive vice president now directly owns 229,568 shares in the company, valued at approximately $15,482,065.92. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 1.12% of the company’s stock.
Howmet Aerospace Company Profile
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.
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