Howmet Aerospace (HWM) Projected to Post Earnings on Thursday

Howmet Aerospace (NYSE:HWM) will likely be issuing its Q1 2025 quarterly earnings data before the market opens on Thursday, May 1st. Analysts expect the company to announce earnings of $0.77 per share and revenue of $1.94 billion for the quarter. Howmet Aerospace has set its FY 2025 guidance at 3.130-3.210 EPS and its Q1 2025 guidance at 0.750-0.770 EPS.

Howmet Aerospace (NYSE:HWM) last posted its earnings results on Thursday, February 13th. The company reported $0.74 EPS for the quarter, topping the consensus estimate of $0.71 by $0.03. Howmet Aerospace had a net margin of 15.55% and a return on equity of 25.74%. The company had revenue of $1.89 billion during the quarter, compared to the consensus estimate of $1.88 billion. On average, analysts expect Howmet Aerospace to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Howmet Aerospace Stock Up 4.5 %

Shares of HWM stock opened at $129.91 on Thursday. The company has a market capitalization of $52.62 billion, a price-to-earnings ratio of 46.07, a PEG ratio of 1.92 and a beta of 1.25. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.98 and a current ratio of 2.17. The stock’s 50 day simple moving average is $128.08 and its 200 day simple moving average is $119.22. Howmet Aerospace has a twelve month low of $63.64 and a twelve month high of $140.55.

Howmet Aerospace Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, May 27th. Investors of record on Friday, May 9th will be given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 0.31%. The ex-dividend date of this dividend is Friday, May 9th. Howmet Aerospace’s dividend payout ratio (DPR) is currently 14.18%.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. JPMorgan Chase & Co. upped their price objective on Howmet Aerospace from $125.00 to $130.00 and gave the company an “overweight” rating in a research note on Friday, February 14th. Northcoast Research upgraded Howmet Aerospace from a “sell” rating to a “neutral” rating in a research report on Wednesday, April 9th. The Goldman Sachs Group lifted their price objective on Howmet Aerospace from $124.00 to $139.00 and gave the company a “buy” rating in a report on Tuesday, February 18th. Truist Financial dropped their target price on shares of Howmet Aerospace from $140.00 to $136.00 and set a “buy” rating for the company in a research report on Thursday, April 17th. Finally, Morgan Stanley boosted their price target on shares of Howmet Aerospace from $125.00 to $155.00 and gave the company an “overweight” rating in a research report on Wednesday, February 19th. Four investment analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $125.06.

Institutional Trading of Howmet Aerospace

A hedge fund recently raised its stake in Howmet Aerospace stock. Brighton Jones LLC lifted its position in shares of Howmet Aerospace Inc. (NYSE:HWM) by 5.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,548 shares of the company’s stock after purchasing an additional 130 shares during the period. Brighton Jones LLC’s holdings in Howmet Aerospace were worth $279,000 at the end of the most recent quarter. 90.46% of the stock is currently owned by hedge funds and other institutional investors.

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.