Howmet Aerospace stock soars to all-time high of $148.82

Published 01/05/2025, 14:42
Howmet Aerospace stock soars to all-time high of $148.82

In a remarkable display of market confidence, Howmet Aerospace Inc. (HWM (BMV:HWM)) stock has reached an all-time high, soaring to $148.82. The aerospace manufacturer, now commanding a market capitalization of $59.31 billion, demonstrates exceptional financial health with a "GREAT" rating according to InvestingPro analysis. This peak represents a significant milestone for the company, reflecting a robust performance that has caught the attention of investors and industry analysts alike. Over the past year, Howmet Aerospace has delivered an exceptional return of 108.14%, supported by strong fundamentals including 11.9% revenue growth and a perfect Piotroski Score of 9. InvestingPro analysis suggests the stock may be trading above its Fair Value, making it crucial for investors to conduct thorough due diligence. This surge underscores the company’s strong position in the aerospace sector and its potential for continued growth in a competitive market. With a healthy current ratio of 2.17 indicating strong liquidity, investors are closely monitoring Howmet Aerospace as it navigates through the dynamics of global aerospace manufacturing and services, capitalizing on the uptrend that has led to this record-setting high. For deeper insights into HWM’s valuation and growth prospects, access the comprehensive Pro Research Report available on InvestingPro, along with 14 additional ProTips and extensive financial metrics.

In other recent news, Howmet Aerospace reported strong first-quarter earnings for 2025, exceeding expectations. The company posted adjusted earnings per share of $0.86, surpassing analyst estimates of $0.78. Revenue reached $1.94 billion, aligning with consensus expectations and marking a 6% year-over-year increase, largely driven by a 9% rise in Commercial Aerospace sales. Howmet’s adjusted EBITDA, excluding special items, rose by 28% year-over-year to $560 million, with the adjusted EBITDA margin expanding to 28.8%. For the second quarter, the company projects earnings per share between $0.85 and $0.87, above the analyst consensus of $0.80, and anticipates revenue between $1.98 billion and $2 billion. Additionally, Howmet increased its full-year 2025 EPS guidance to a range of $3.36 to $3.44, up from the previous analyst estimate of $3.27. The company also adjusted its revenue outlook for the year to $7.88 billion to $8.18 billion. In terms of cash flow, Howmet generated $253 million in cash from operations and $134 million in free cash flow during the quarter. The company repurchased $125 million of common stock and increased its quarterly dividend by 100% year-over-year to $0.10 per share.

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