Howmet Aerospace(HWM)
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This Top Construction Stock is a #1 (Strong Buy): Why It Should Be on Your Radar
zacks.com· 2024-05-27 22:01
Building a successful investment portfolio takes skill and hard work, no matter if you're a growth, value, income, or momentum-focused investor.How do you find the right combination of stocks that will generate returns that could fund your retirement, or your kids' college tuition, or your short- and long-term savings goals?Enter the Zacks Rank.What is the Zacks Rank?A unique, proprietary stock-rating model, the Zacks Rank uses earnings estimate revisions, or changes to a company's earnings expectations, to ...
Are Construction Stocks Lagging Howmet Aerospace (HWM) This Year?
Zacks Investment Research· 2024-05-13 22:46
The Construction group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Howmet (HWM) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.Howmet is a member of the Construction sector. This group includes 95 individual stocks and currently holds a Zacks Sector Rank of #1. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks ...
Howmet (HWM) is a Great Momentum Stock: Should You Buy?
Zacks Investment Research· 2024-05-10 01:00
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...
Will Howmet (HWM) Gain on Rising Earnings Estimates?
Zacks Investment Research· 2024-05-09 01:20
Howmet (HWM) could be a solid addition to your portfolio given a notable revision in the company's earnings estimates. While the stock has been gaining lately, the trend might continue since its earnings outlook is still improving.The upward trend in estimate revisions for this maker of engineered products for the aerospace and other industries reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong correlat ...
Howmet (HWM) Upgraded to Strong Buy: What Does It Mean for the Stock?
Zacks Investment Research· 2024-05-09 01:01
Howmet (HWM) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #1 (Strong Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Individual investors ofte ...
MPTI or HWM: Which Is the Better Value Stock Right Now?
Zacks Investment Research· 2024-05-07 00:46
Investors looking for stocks in the Engineering - R and D Services sector might want to consider either M-tron Industries, Inc. (MPTI) or Howmet (HWM) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The Zacks Rank is a proven strat ...
Should you buy Howmet Aerospace at current levels?
Invezz· 2024-05-06 19:32
Howmet Aerospace Inc. (NYSE: HWM) recently revealed stellar performance numbers for the first quarter of 2024. The company’s earnings report for Q1 2024, released on May 2, 2024, exceeded market expectations across key metrics, propelling its stock to new all-time highs.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.With a robust revenue of $1.82 billion, representing a remarkable 14% increase year over year, the company reported earnings per share ( ...
Howmet Aerospace(HWM) - 2024 Q1 - Quarterly Report
2024-05-03 04:31
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 1-3610 HOWMET AEROSPACE INC. (Exact name of registrant as specified in its charter) Delaware 25-0317820 (State of incorporation) (I.R.S. Employer Identification No.) ...
Howmet (HWM) Q1 Earnings Beat Estimates, Revenues Increase Y/Y
Zacks Investment Research· 2024-05-03 01:26
Howmet Aerospace Inc.’s (HWM) first-quarter 2024 adjusted earnings of 57 cents per share beat the Zacks Consensus Estimate of 52 cents. The bottom line improved 35.7% year over year.Total revenues of $1.8 billion surpassed the consensus estimate of $1.7 billion. The top line increased 14% from the year-ago quarter. The increase was backed by an improved commercial aerospace market.Segmental DetailsThe Engine Products segment’s revenues totaled $885 million, representing 48.5% of net revenues. On a year-over ...
Howmet Aerospace(HWM) - 2024 Q1 - Earnings Call Transcript
2024-05-03 01:17
财务数据和关键指标变化 - 第一季度收入为18.24亿美元,同比增长14% [6] - 调整后EBITDA为4.37亿美元,同比增长21%,增量利润率为35% [6] - 调整后EBITDA利润率为24%,同比提升150个基点 [6] - 调整后营业利润增长27%,利润率超过20% [6] - 调整后每股收益为0.57美元,同比增长36%,环比增长8% [6] 各条业务线数据和关键指标变化 - 发动机产品业务收入增长11%至8.85亿美元,EBITDA增长17%至2.49亿美元,EBITDA利润率达28.1% [21][22][24] - 紧固系统业务收入增长25%至3.89亿美元,EBITDA增长59%至0.92亿美元,EBITDA利润率达23.7% [25][26] - 工程结构业务收入增长27%至2.62亿美元,EBITDA略有下降至14.1% [27][28] - 锻造轮毂业务收入基本持平,EBITDA增长4%,EBITDA利润率为28.5% [29] 各个市场数据和关键指标变化 - 商用航空市场收入增长23%,占总收入约50% [9] - 国防航空市场收入增长12% [10] - 商用运输市场收入略有增长,公司通过铝轮毂替代钢轮毂来抵消市场疲软 [10] - 工业及其他市场收入增长7%,其中油气增长15%,通用工业增长10%,燃气轮机发电业务持平 [10] 公司战略和发展方向及行业竞争 - 公司继续利用差异化技术帮助客户制造更轻、更节油的飞机和商用卡车,减少碳排放 [32] - 公司正在扩大发动机业务,以实现之前提到的市场份额增长 [44] - 公司预计2025年之前将实现33%的温室气体排放减少目标 [33][34] 管理层对经营环境和未来前景的评论 - 商用航空市场需求持续强劲,但受制于新飞机供给,尤其是737 MAX的产量下降 [35][36][37][38][39] - 公司已重新规划全年,预计737 MAX产量将从之前的34架/月下降至20架/月 [38][39][40] - 公司预计2024年收入约73亿美元,调整后EBITDA约17.5亿美元,调整后每股收益2.35美元,自由现金流约8亿美元 [41] - 公司将在下半年提高股息,由每股0.05美元增加至0.07美元,增幅40% [42] 问答环节重要的提问和回答 问题1 **Noah Poponak 提问** 询问737 MAX产量下降的具体情况 [55][56][57][58][59][60][61][62][63][64] **John Plant 回答** 详细解释了公司对737 MAX产量下降的假设和应对措施 [56][57][58][59][60][61][62][63][64] 问题2 **Robert Stallard 提问** 询问787机型的产量情况 [68][69][70][71] **John Plant 回答** 解释了公司对787机型产量的假设和调整 [69][70][71] 问题3 **Robert Spingarn 提问** 询问公司如何应对波音产量波动,实现业务增长 [77][78][79][80][81][82][83][84][85][86][87] **John Plant 回答** 详细解释了公司的生产灵活性,以及应对措施和未来投资计划 [78][79][80][81][82][83][84][85][86][87]