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HWM
Stock ticker: NYSE
AS OF
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Price
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Capitalization
18.88B

HWM Howmet Aerospace Forecast, Technical & Fundamental Analysis

a company, which engages in manufacturing and engineering of lightweight metals

Technical Analysis# Of IndicatorsAvg. Odds
   
   
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A.I.Advisor
a Summary for HWM with price predictions
08:00 PM EDT Sep 21, 2023

HWM's RSI Indicator sits in oversold zone for 1 day

It is expected that a price bounce should occur soon.

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 11 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where HWM advanced for three days, in of 347 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on September 05, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on HWM as a result. In of 93 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for HWM turned negative on September 06, 2023. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 56 similar instances when the indicator turned negative. In of the 56 cases the stock turned lower in the days that followed. This puts the odds of success at .

HWM moved below its 50-day moving average on September 05, 2023 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for HWM crossed bearishly below the 50-day moving average on August 24, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 17 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where HWM declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for HWM entered a downward trend on September 15, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 77, placing this stock better than average.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. HWM’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (5.076) is normal, around the industry mean (5.037). P/E Ratio (36.364) is within average values for comparable stocks, (300.769). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (7.792). HWM has a moderately low Dividend Yield (0.004) as compared to the industry average of (0.023). P/S Ratio (3.089) is also within normal values, averaging (166.573).

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Boeing Company (NYSE:BA), Lockheed Martin Corp (NYSE:LMT), Northrop Grumman Corp (NYSE:NOC), Spirit Aerosystems Holdings (NYSE:SPR), Virgin Galactic Holdings (NYSE:SPCE).

Industry description

Aerospace & Defense is one of largest industries in the U.S., mainly comprising the following areas: commercial airliners, military aircraft, missiles, space, and general aviation. Focused heavily on research & development, it is also one of the fastest growing industries. Military aircraft has the largest market share in the industry’s sales, followed by space systems, civil aircraft, and missiles. Aerospace exports, directly and indirectly, support more jobs than the export of any other commodity, according to a study by the U.S. Department of Commerce. Boeing Company, Lockheed Martin Corporation and General Electric Company are some of the most prominent players in this space.

Market Cap

The average market capitalization across the Aerospace & Defense Industry is 10.46B. The market cap for tickers in the group ranges from 1.66K to 119.26B. BA holds the highest valuation in this group at 119.26B. The lowest valued company is ASDN at 1.66K.

High and low price notable news

The average weekly price growth across all stocks in the Aerospace & Defense Industry was -3%. For the same Industry, the average monthly price growth was -5%, and the average quarterly price growth was -1%. SNAVF experienced the highest price growth at 27%, while NEXD experienced the biggest fall at -47%.

Volume

The average weekly volume growth across all stocks in the Aerospace & Defense Industry was -55%. For the same stocks of the Industry, the average monthly volume growth was -8% and the average quarterly volume growth was 31%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 48
P/E Growth Rating: 62
Price Growth Rating: 56
SMR Rating: 77
Profit Risk Rating: 77
Seasonality Score: -17 (-100 ... +100)
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Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
A.I. Advisor
published Earnings

HWM is expected to report earnings to fall 2.91% to 42 cents per share on November 01

Howmet Aerospace HWM Stock Earnings Reports
Q3'23
Est.
$0.43
Q2'23
Beat
by $0.01
Q1'23
Beat
by $0.04
Q4'22
Est.
$0.38
Q3'22
Est.
$0.36
The last earnings report on August 01 showed earnings per share of 43 cents, beating the estimate of 43 cents. With 1.95M shares outstanding, the current market capitalization sits at 18.88B.
A.I.Advisor
published Dividends

HWM paid dividends on August 25, 2023

Howmet Aerospace HWM Stock Dividends
А dividend of $0.04 per share was paid with a record date of August 25, 2023, and an ex-dividend date of August 03, 2023. Read more...
A.I. Advisor
published General Information

General Information

a company, which engages in manufacturing and engineering of lightweight metals

Industry AerospaceDefense

Profile
Fundamentals
Details
Industry
N/A
Address
201 Isabella Street
Phone
+1 412 553-1950
Employees
21400
Web
https://www.howmet.com
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HWM and

Correlation & Price change

A.I.dvisor indicates that over the last year, HWM has been closely correlated with TDG. These tickers have moved in lockstep 77% of the time. This A.I.-generated data suggests there is a high statistical probability that if HWM jumps, then TDG could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To HWM
1D Price
Change %
HWM100%
-0.59%
TDG - HWM
77%
Closely correlated
+0.54%
HXL - HWM
76%
Closely correlated
-0.91%
AIR - HWM
69%
Closely correlated
+0.22%
HEI - HWM
65%
Loosely correlated
-0.72%
CW - HWM
62%
Loosely correlated
-0.72%
More

Groups containing HWM

Correlation & Price change

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To HWM
1D Price
Change %
HWM100%
-0.59%
HWM
(undefined stocks)
83%
Closely correlated
-0.29%
Aerospace & Defense
(undefined stocks)
79%
Closely correlated
-0.86%