Howmet Aerospace Inc. | HWM

Daily Technical Analysis of Howmet Aerospace Inc.

Howmet Aerospace is up a bit on the day, funds flowing in kept the price up 2.47% since yesterday.

Howmet Aerospace doesn't seem to be at a very clear reversal point in either direction. But let's also consider momentum! Howmet Aerospace has had a nice run over the last year and provided good returns to shareholders. Over the previous year, the asset has grown 51.84 percent which isn't too bad. HWM might find some support at the 30.78 level, buyers might push the price back up from here. But it's not very clear what will happen.

Analyst Ratings for Howmet Aerospace By Price Target And Rating

Howmet Aerospace has an overall positive view by the analysts. The current Analysts Sentiment Score is 183.94. Most companies range between (-200 to 200).

Here's a break down of the latest rating changes. On 2024-04-19 there was confirmation of the previous rating by Benchmark which was Buy and provided a price target of $53.00. On 2024-04-16 The Goldman Sachs Group increased their price target by 18.46% to $77.00. Robert W. Baird provided a price target boost of 13.85% to $74.00 from $65.00 on 2024-04-08. Royal Bank of Canada announced that they are initiating coverage with a rating of Outperform on 2024-03-18 and added a price target of $75.00. KeyCorp provided a price target boost of 16.67% to $70.00 from $60.00 on 2024-02-21. On 2024-02-20 Barclays increased their price target by 8.33% to $65.00. On 2024-02-15 UBS Group increased their price target by 15.79% to $66.00. JPMorgan Chase & Co. provided a price target boost of 9.09% to $60.00 from $55.00 on 2024-02-14. On 2024-01-10 there was an upgrade provided by Truist Financial from Hold to Buy and moved up their price target to $74.00 which is a 57.45% increase. Sanford C. Bernstein initiated a rating of Outperform on 2024-01-05 and they set their price target at $67.00.

Earnings Per Share (EPS) Estimates By Year and Quarter

Short interest for Howmet Aerospace

We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.

Social Sentiment for Howmet Aerospace

Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.