How to Buy Howmet Aerospace Stock
Howmet Aerospace Inc
Howmet Aerospace Inc. provides advanced engineered solutions for the aerospace and transportation industries.
Howmet Aerospace stock last closed at $138.58, up 0.79% from the previous day, and has increased 107.61% in one year. It has overperformed other stocks in the Aerospace & Defense industry by 0.93 percentage points. Howmet Aerospace stock is currently +87.47% from its 52-week low of $73.92, and -1.4% from its 52-week high of $140.55.
At the moment, there are 405.02M HWM shares outstanding. The market capitalization of HWM is $56.13B. In the past 24 hours, 3.11M HWM shares were traded.
How to Buy Howmet Aerospace Stock
Wondering how to invest in Howmet Aerospace stock? Here's how.
- Choose where to buy Howmet Aerospace stock: You need to choose a stock brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you decide where to buy Howmet Aerospace stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Fund your brokerage account: Select your method of payment and add your details.
- Analyze Howmet Aerospace stock: The Howmet Aerospace ticker symbol is HWM. Is Howmet Aerospace stock a good investment? Should you buy shares of HWM? How do HWM's underlying business fundamentals look? Do top analysts think Howmet Aerospace is a good buy? Why has HWM's stock price moved recently? (Hint: Our stock market analysis tools can help you decide if HWM is a good stock to buy).
- Execute your HWM buy order: Decide if you will purchase HWM shares at the current market price or use a limit order to purchase HWM shares at a given price.
- Keep tabs on your investment in HWM: Create a watchlist to get the latest news on your investment in Howmet Aerospace shares.
Step 1: Choose where to buy Howmet Aerospace stock
You will need a brokerage account to access the NYSE market and buy HWM stock.
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Open eToro AccountStep 2: Open your brokerage account
Now that you've picked the best brokerage, you need to fill out some personal details so you are able to invest in HWM stock today.
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- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
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Step 3: Fund your brokerage account
Now that you have opened your account on mobile trading apps, you need to deposit funds:
Watch the walkthrough below if you need help transferring funds into your investment account.
Step 4: Analyze Howmet Aerospace stock
After you have selected the best place to buy Howmet Aerospace stock, it's very important to analyze their stock prior to buying, so you truly understand the risk as well as the opportunity.
Howmet Aerospace Metrics
Fundamentals of HWM
WallStreetZen was created to help average investors perform more in-depth fundamental analysis.
You can view all of the due diligence checks on HWM's stock page.
Is HWM stock properly valued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge HWM's fair value.
Using relative valuations ratios:
- HWM could be overvalued based on its P/E ratio of 48.97x, relative to Aerospace & Defense industry P/E ratio of 41.32x
- HWM may be overvalued based on its P/B ratio of 12.32x, relative to Aerospace & Defense industry P/B ratio of 5.9x
- HWM could be overvalued based on its PEG ratio of 2.75x
You can do more valuation analysis on HWM's stock here.
HWM Financial Health Overview
Positive Health Checks:
- Total HWM debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than short-term liabilities on the HWM balance sheet.
- HWM earnings of $1.57B is not enough to cover its interest payments.
- HWM's operating cash flow of $1.30B allows it to safely service it's debt of $3.32B.
- HWM profit margin has gone up from 11.5% to 15.5% in the past year.
Negative Health Checks:
- HWM has a relatively high debt to equity ratio of 1.31.
- There are more long-term liabilities than short-term assets on the HWM balance sheet.
Is it a good time to buy Howmet Aerospace stock, according to Wall Street analysts?
Out of 12 Wall Street analysts who give forecasts on HWM, the consensus analyst rating on Howmet Aerospace is a Strong Buy
Please keep in mind that analyst forecasts are not recommendations, nor are they financial advice.
Latest HWM Analyst Forecasts
David Strauss, a top 10% analyst from Barclays maintains HWM with a strong buy rating and raises their HWM price target from $130.00 to $140.00, on Feb 18, 2025.
Seth Seifman, a top 10% analyst from JP Morgan maintains HWM with a strong buy rating and raises their HWM price target from $125.00 to $130.00, on Feb 14, 2025.
JP Morgan's Seth Seifman raised their price target on Howmet Aerospace (NYSE: HWM) by 4% from $125 to $130 on 2025/02/14. The analyst maintained their Strong Buy rating on the stock.
Howmet Aerospace reported its Q4 and FY 2024 earnings.
Seifman summarized the results and management's guidance as "about in line with the sell-side, but the buy-side was a bit higher."
The guidance implied a step down in margin rate post-Q1 2025, the analyst cautioned.
Overall, however, Seifman told readers that JP Morgan "sees potential for Howmet Aerospace's margin to exceed guidance" and believes "the stock's setup is solid for 2025 and beyond."
Earnings Report
Howmet Aerospace reported:
For Q4 2024:
- EPS of $0.74, which beat the Zacks Consensus Estimate of $0.72 and was up 40% Y/Y.
- Revenue of $1.9B, which beat the Zacks Consensus Estimate of $1.88B and was up 9% Y/Y.
For FY 2024:
- EPS of $2.69, up 46% Y/Y.
- Revenue of $7.4B, up 12% Y/Y.
Management guided:
For Q1 2025:
- EPS of $0.75 to $0.77.
- Revenue of $1.925B to $1.945B.
For FY 2025:
- EPS of $3.13 to $3.21.
- Revenue of $7.93B to $8.13B.
Executive Chairman & CEO John Plant commented: “Howmet drove a healthy set of results to close out the year, exceeding the high end of guidance.
"Revenue in the fourth quarter 2024 grew 9% year over year to a record $1.9 billion, with commercial aerospace growth of 13% supported by engine spares volumes. Adjusted EBITDA grew 27% to $507 million and Adjusted EBITDA Margin increased approximately 380 basis points to 26.8%, also records.
"Adjusted Earnings per Share grew 40% to a record $0.74.
“Robust cash generation continues to support Howmet’s strong balance sheet as well as an attractive shareholder return profile.
"In full year 2024, the Company generated $977 million of Free Cash Flow for an 88% conversion of Net Income, and deployed approximately $975 million of cash in the form of common stock repurchases, debt reduction, and dividends.
"On January 27, the Board of Directors approved a 25% increase in the common stock dividend to $0.10 per share.
“The outlook for commercial aerospace remains solid with rising OEM production rates supported by strong demand as well as continued healthy growth in engine spares demand.
"We expect continued growth in the defense aerospace and industrial end markets, with the commercial transportation market anticipated to be soft until the second half of 2025.
"The mid-point of our 2025 revenue growth guidance is increased to approximately 8% year over year compared to the 7.5% outlook provided at third quarter 2024 earnings, and this extra growth is on top of a strong finish to 2024.
"We continue to employ a cautious view on underlying build rates in our guidance, assuming The Boeing Company produces approximately 25 737-MAX aircraft per month and 6 787 aircraft per month on average across 2025 and Airbus averages mid-50s per month on the A320 and approximately 6 per month on the A350.
"Free Cash Flow in 2025 is expected to exceed $1 billion with approximately 85% conversion of Net Income, while investing in additional capital expenditures for growth.”
Ronald Epstein, a top 13% analyst from Bank of America maintains HWM with a strong buy rating and raises their HWM price target from $100.00 to $135.00, on Nov 13, 2024.
Peter Arment, a top 6% analyst from Baird maintains HWM with a buy rating and raises their HWM price target from $113.00 to $144.00, on Nov 7, 2024.
Kenneth Herbert, a top 2% analyst from RBC Capital maintains HWM with a buy rating and raises their HWM price target from $105.00 to $135.00, on Nov 7, 2024.
You can dive deeper into what analysts are projecting on the Howmet Aerospace stock forecast page.
HWM Technical Indicators
HWM Growth Numbers
Last year, HWM earnings were $1.16B. Over the last 5 year, HWM's earnings have increased by 21.93% per year. This was faster than the Aerospace & Defense industry average of 17.26%.
Last year, HWM revenue was $7.43B. Over the last five year, HWM's revenue has gone up by 0.92% per year. This was slower than the Aerospace & Defense industry average of 8.48%.
Dig into HWM's earnings and revenue performance here.
Are HWM executives and large shareholders buying or selling the stock?
In the past 12 months, insiders at HWM have sold more shares than they have bought.
Joseph S. Cantie, Director of HWM, was the latest HWM insider to buy. They bought $33,742.80 worth of HWM shares on Apr 2, 2025.
Dig into more about who owns HWM shares here.
Can I rely on HWM as an income stream?
Howmet Aerospace pays a dividend of 0.13%, compared to the Aerospace & Defense industry's average dividend yield of 1.36%. If you owned $1,000 worth of HWM stock, you would have received $1.30 in the past year.
Howmet Aerospace dividend payments have consistently grown over the past decade but have not remained stable.
Dig into more info about Howmet Aerospace dividend yield and history here.
What others are saying about HWM
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
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Step 5: Execute your HWM buy order
You have two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally sufficient. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at an exact price limit, place a limit order.
Press the Open button and eToro will place the order.
If you want more help with buying stocks on eToro, watch the helpful video below:
Step 6: Keep tabs on your investment in HWM
Now that you own some HWM shares, you'll want to stay up-to-date on your investment.
Add HWM to a watchlist to track the most important metrics related to your HWM stock.
HWM Feed
How to Buy Stock in Howmet Aerospace
To summarize, here are the 6 steps you need to take to buy Howmet Aerospace stock right now:
- Choose where to buy Howmet Aerospace stock
- Open your brokerage account
- Fund your brokerage account
- Analyze Howmet Aerospace stock
- Execute your HWM buy order
- Keep tabs on your investment in HWM
If you require a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to monitor your new investment in Howmet Aerospace, create a watchlist today.
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