In the latest trading session, Howmet (HWM) closed at $208.61, marking a -2.29% move from the previous day. This change lagged the S&P 500's 0.51% loss on the day. Meanwhile, the Dow gained 0.53%, and the Nasdaq, a tech-heavy index, lost 1.51%.
Coming into today, shares of the maker of engineered products for the aerospace and other industries had lost 0.56% in the past month. In that same time, the Aerospace sector gained 6.61%, while the S&P 500 gained 0.93%.
The investment community will be closely monitoring the performance of Howmet in its forthcoming earnings report. The company is scheduled to release its earnings on February 12, 2026. The company's upcoming EPS is projected at $0.97, signifying a 31.08% increase compared to the same quarter of the previous year. Meanwhile, our latest consensus estimate is calling for revenue of $2.14 billion, up 13.22% from the prior-year quarter.
For the full year, the Zacks Consensus Estimates project earnings of $3.69 per share and a revenue of $8.21 billion, demonstrating changes of +37.17% and 0%, respectively, from the preceding year.
It is also important to note the recent changes to analyst estimates for Howmet. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection has moved 0.47% higher. Howmet currently has a Zacks Rank of #3 (Hold).
Looking at valuation, Howmet is presently trading at a Forward P/E ratio of 48.15. This signifies a premium in comparison to the average Forward P/E of 24.93 for its industry.
It is also worth noting that HWM currently has a PEG ratio of 2.02. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. By the end of yesterday's trading, the Aerospace - Defense industry had an average PEG ratio of 2.05.
The Aerospace - Defense industry is part of the Aerospace sector. This industry, currently bearing a Zacks Industry Rank of 96, finds itself in the top 40% echelons of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
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Howmet Aerospace Inc. (HWM): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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