Howmet Aerospace (NYSE:HWM) has reported a series of positive performance indicators over the past year, reaching its new 52-week high at $84.43 while outperforming expected earnings forecasts. The firm secured a consensus rating of \"Moderate Buy\" from brokerages, with continued growth and strong financials driving an upward trend in the company's stock. Howmet Aerospace saw a significant increase in stock, experiencing a 26% surge attributed to promising earnings reports, which even outperformed competitors. The company's share price has also benefitted from an increase of 114% in business growth. Furthermore, the stock forecast leading up to 2024 indicates continued expansions, with the company's intrinsic value potentially being 99% above its share price, suggesting an undervaluation. In addition, it revealed record-setting Q1 revenue and earnings for 2024, surpassing estimates with a strategic focus on the future. The company is equipped with proactive strategies, evident from an EPS growth opportunity, leading to a grand 367% shareholder return over the last five years. Howmet Aerospace is also set to participate in Bernstein's 40th Annual Strategic Decisions Conference, further fostering its position in the market.
Howmet Aerospace HWM News Analytics from Thu, 28 Sep 2023 07:00:00 GMT to Thu, 23 May 2024 19:24:34 GMT -
Rating 8
- Innovation 5
- Information 9
- Rumor -6
