Fundamentals for Howmet Aerospace Inc.
Howmet Aerospace Inc.'s high debt-to-equity ratio shows the company is significantly leveraged, relying heavily on debt financing. This raises the potential for increased f...
Business Operations:
Sector: IndustrialsIndustry: Aerospace & Defense
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. The Engine Products segment offers airfoils and seamless rolled rings primarily for aircraft engines and industrial gas turbines; and rotating and structural parts. The Fastening Systems segment produces aerospace fastening systems, as well as commercial transportation, industrial, and other fasteners; and latches, bearings, fluid fittings, and installation tools. The Engineered Structures segment provides titanium ingots and mill products, aluminum and nickel forgings, and machined components and assemblies for aerospace and defense applications; and titanium forgings, extrusions, and forming and machining services for airframe, wing, aero-engine, and landing gear components. The Forged Wheels segment offers forged aluminum wheels and related products for heavy-duty trucks and commercial transportation markets. The company was formerly known as Arconic Inc. Howmet Aerospace Inc. was founded in 1888 and is based in Pittsburgh, Pennsylvania.
Revenue projections:
Financial Ratios:
| currentRatio | 1.81800 |
|---|---|
| forwardPE | 33.35302 |
| debtToEquity | 81.36800 |
| earningsGrowth | 0.33000 |
| revenueGrowth | 0.24100 |
| grossMargins | 0.36032 |
| operatingMargins | 0.28504 |
| trailingEps | 4.64000 |
| forwardEps | 6.50136 |
HWM's current ratio is 1.818, signaling that the company has sufficient cash reserves and current assets to cover its short-term debt obligations. This suggests financial stability, as HWM should not face any issues meeting its short-term liabilities with available resources.
Howmet Aerospace Inc.'s high debt-to-equity ratio shows the company is significantly leveraged, relying heavily on debt financing. This raises the potential for increased financial risk, especially if the company's earnings or cash flow are negatively impacted.
HWM's positive earnings and revenue growth signal that the company is expected to expand its business. This healthy financial trend reflects an optimistic outlook, suggesting continued growth in both sales and profits for HWM.
HWM's positive gross and operating margins indicate that the company is performing profitably. These margins reflect efficient cost control and revenue generation, signaling a strong financial foundation for continued success.
Howmet Aerospace Inc.'s forward EPS exceeding its trailing EPS means the company is expected to be more profitable this year than last. This suggests an upward trend in earnings, with forecasts indicating that Howmet Aerospace Inc.'s financial performance will improve in the current financial year.
Price projections:
Insider Transactions:
3 HWM sales were executed, with market price at 261.0799967447917.No sell transactions were carried out during the period under review.Howmet Aerospace Inc. has seen more buys than sells at its current price levels, which may suggest optimism among investors. This buying trend could indicate that the market expects a favorable performance for the stock in the near future.
Recommendation changes over time:
HWM has recently received a buy bias from analysts, indicating that the stock is being perceived as a favorable investment. This positive sentiment could encourage investors to see HWM as a wise place to allocate their funds, potentially leading to increased interest in the company's stock.