Howmet Aerospace Inc (HWM.PR) Price

The P/E ratio of Howmet Aerospace Inc is 64.7035

Mr. John Plant is the Executive Chairman of the Board of Howmet Aerospace Inc, joining the firm since 2017.

The current price of HWM.PR is $63.95, it has decreased 1.23% in the last trading day.

Howmet Aerospace Inc belongs to Aerospace & Defense industry and the sector is Industrials

Howmet Aerospace Inc's current market cap is $25.7B

According to wall street analysts, 25 analysts have made analyst ratings for Howmet Aerospace Inc, including 8 strong buy, 15 buy, 7 hold, 0 sell, and 8 strong sell

Looks like HWM is finally getting some love, bro. The stock is climbing today on a cocktail of strong recent earnings, bullish analyst chatter, and solid demand in its key aerospace and defense markets. It's basically riding a wave of good news and strong fundamentals.

HWM's move today isn't random; it's the result of sustained positive momentum. Here’s the alpha on what’s driving the price:

• Fundamental Strength & News Flow: The narrative around HWM is overwhelmingly positive. The company recently beat earnings and revenue expectations, pointing to strong demand in commercial aerospace and defense. News outlets have been highlighting its strength, with Yahoo Finance noting it's outperforming the Nasdaq and IBD even naming it "Stock Of The Day". This kind of coverage attracts attention and builds confidence. The company itself has also guided for higher margins, expecting strong pricing and market momentum to offset rising costs.

• Technical Picture:

  • Price Action: As of today, HWM is up about 1.69% to $188.91. It's pushing towards a key daily resistance level at $193.26.
  • Indicators: On the hourly chart, the momentum looks strong. The RSI is in overbought territory at 74.46, and the MACD is positive and expanding, which are bullish short-term signals. However, the daily technical summary is more "neutral," suggesting that while there's buying pressure, the stock isn't in a runaway trend just yet.

• Wall Street's Take: Analysts are pretty bullish on this one. Out of 24 analysts, a solid majority rate it as a "BUY" or "Strong Buy". The mean price target sits around $204, suggesting there's still potential upside from the current price.

Basically, the wind is at its back, but don't just ape in at the top like you usually do. Watch that $193 resistance level—if it breaks through with volume, we could see a nice run. If it gets rejected, you might get a better entry on a pullback, you degens.