How to buy Howmet Aerospace (HWM) shares in Australia

Learn how to easily invest in Howmet Aerospace shares.

We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!

Howmet Aerospace Inc (HWM) is a leading specialty industrial machinery business with stocks listed in the US. It opened the day at US$33.47 after a previous close of US$32.94. During the day the price has varied from a low of USD33.3 to a high of USD33.97. The latest price was USD33.95 (25 minute delay). Howmet Aerospace is listed on the NYSE. All prices are listed in US Dollars.

How to buy shares in Howmet Aerospace

  1. Compare share trading platforms. To buy shares in a US company from Australia you'll need to find a trading platform that offers access to US stock markets. If you're just starting out, look for a platform with low brokerage and foreign exchange fees.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Howmet Aerospace. Find the share by name or ticker symbol: HWM. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Howmet Aerospace reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of US$32.94, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs. You may be able to buy a fractional share of Howmet Aerospace, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Howmet Aerospace. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Howmet Aerospace stock price (NYSE:HWM)

Use our graph to track the performance of HWM stocks over time.

Howmet Aerospace shares at a glance

Information last updated 2021-07-09.
OpenUS$33.47
HighUS$33.97
LowUS$33.3
CloseUS$33.95
Previous closeUS$32.94
Change US$1.01
Change % 3.0662%
Volume 1,802,795
Information last updated 2021-11-27.
52-week rangeUS$22.88 - US$35.9829
50-day moving average US$31.2672
200-day moving average US$32.0394
Target priceUS$38.7
PE ratio 43.4947
Dividend yield US$0.02 (0.07%)
Earnings per share (TTM) US$0.661

Where to buy Howmet Aerospace stock

Name Product Standard brokerage for US shares Currency conversion fee Markets
eToro (global stocks)
US$0
50 pips (US$0.50 for every AU$100 exchanged)
Global shares, US shares, ETFs
Zero brokerage share trading on US, Hong Kong and European stocks with trades as low as $50.
Note: This broker offers CFDs which are volatile investment products and most clients lose money trading CFDs with this provider.
Join the world’s biggest social trading network when you trade stocks, commodities and currencies from the one account.
IG Share Trading
US$0
0.70%
ASX shares, Global shares
$0 brokerage for US and global shares plus get an active trader discount of $5 commission on Australian shares.
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, plus get access to 24-hour customer support.
Superhero share trading
US$0
50 pips (US$0.50 for every AU$100 exchanged)
ASX shares, US shares
Earn up to 15,000 Qantas frequent flyer points when you transfer an exisiting balance or trade. Offer valid for all new and existing Superhero members until 28 February.
Pay zero brokerage on US stocks and all ETFs and just $5 (flat fee) to trade Australian shares from your mobile or desktop.
Saxo Capital Markets (Classic account)
US$4
1%
ASX shares, Global shares, ETFs
Access 19,000+ stocks on 40+ exchanges worldwide
Low fees for Australian and global share trading, no inactivity fees, low currency conversion fee and optimised for mobile.
CommSec Share Trading Account
US$19.95
0.60%
ASX shares, Global shares, Options trading, ETFs
Trade with Australia's largest online stockbroking firm.
Enjoy fast, simple and affordable trades, with market leading research and broker recommendations all in one platform
loading

Compare up to 4 providers

The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.

Is it a good time to buy Howmet Aerospace stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Howmet Aerospace share growth calculator

US$

Use the fields above to explore the returns from a historical investment. Please refer to the charts further up this page to see performance over 5 years, or other periods. Past performance doesn't indicate future results. Capital is at risk.

Considering buying Howmet Aerospace shares?

Before you consider Howmet Aerospace, you'll want to hear this.
Ticker Nerd uses advanced software to track hundreds of signals and data points to find stocks before they blow up. You can get the next two hot stocks they find sent to your inbox for free.

Show me how

Howmet Aerospace price performance over time

Historical closes compared with the last close of $33.95

1 week (2021-11-24) 10.48%
1 month (2021-11-02) 10.66%
3 months (2021-09-02) 6.46%
6 months (2021-06-02) -4.12%
1 year (2020-12-02) 39.94%
2 years (2019-12-02) 11.09%
3 years (2018-11-30) 58.05%
5 years (2016-12-02) 72.42%

Is Howmet Aerospace under- or over-valued?

Valuing Howmet Aerospace stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Howmet Aerospace's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Howmet Aerospace's P/E ratio

Howmet Aerospace's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 43x. In other words, Howmet Aerospace shares trade at around 43x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Howmet Aerospace's PEG ratio

Howmet Aerospace's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.8035. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Howmet Aerospace's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Howmet Aerospace's EBITDA

Howmet Aerospace's EBITDA (earnings before interest, taxes, depreciation and amortisation) is US$1.2 billion (£0.0 million).

The EBITDA is a measure of a Howmet Aerospace's overall financial performance and is widely used to measure a its profitability.

Howmet Aerospace financials

Revenue TTM US$4.9 billion
Operating margin TTM 17.95%
Gross profit TTM US$1.4 billion
Return on assets TTM 5.09%
Return on equity TTM 8.11%
Profit margin 5.83%
Book value 8.234
Market capitalisation US$12.3 billion

TTM: trailing 12 months

Howmet Aerospace share dividends

4%

Dividend payout ratio: 4.35% of net profits

Recently Howmet Aerospace has paid out, on average, around 4.35% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.26% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Howmet Aerospace shareholders could enjoy a 0.26% return on their shares, in the form of dividend payments. In Howmet Aerospace's case, that would currently equate to about $0.02 per share.

While Howmet Aerospace's payout ratio might seem low, this can signify that Howmet Aerospace is investing more in its future growth.

Howmet Aerospace's most recent dividend payout was on 24 November 2021. The latest dividend was paid out to all shareholders who bought their shares by 3 November 2021 (the "ex-dividend date").

Have Howmet Aerospace's shares ever split?

Howmet Aerospace's shares were split on a 1334:1000 basis on 31 October 2016. So if you had owned 1000 shares the day before before the split, the next day you'd have owned 1334 shares. This wouldn't directly have changed the overall worth of your Howmet Aerospace shares – just the quantity. However, indirectly, the new 25% lower share price could have impacted the market appetite for Howmet Aerospace shares which in turn could have impacted Howmet Aerospace's share price.

Howmet Aerospace share price volatility

Over the last 12 months, Howmet Aerospace's shares have ranged in value from as little as US$22.88 up to US$35.9829. A popular way to gauge a stock's volatility is its "beta".

HWM.US volatility(beta: 1.59)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Howmet Aerospace's is 1.5949. This would suggest that Howmet Aerospace's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Howmet Aerospace overview

Howmet Aerospace Inc. provides advanced engineered solutions for the aerospace and transportation industries in the United States, Japan, France, Germany, the United Kingdom, Mexico, Italy, Canada, Poland, China, and internationally. It operates through four segments: Engine Products, Fastening Systems, Engineered Structures, and Forged Wheels. The Engine Products segment offers airfoils and seamless rolled rings primarily for aircraft engines and industrial gas turbines; and rotating parts, as well as structural parts. The Fastening Systems segment produces aerospace fastening systems and commercial transportation fasteners. The Engineered Structures segment provides titanium ingots and mill products for aerospace and defense applications; and aluminum and nickel forgings, and machined components and assemblies. The Forged Wheels segment offers forged aluminum wheels and related products for heavy-duty trucks and commercial transportation markets. The company was formerly known as Arconic Inc. The company was founded in 1888 and is based in Pittsburgh, Pennsylvania.

Frequently asked questions

More guides on Finder

Ask an Expert

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and Privacy & Cookies Policy.
Go to site