We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Is Howmet Aerospace (HWM) Stock Outpacing Its Aerospace Peers This Year?
Read MoreHide Full Article
The Aerospace group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Howmet (HWM - Free Report) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Aerospace peers, we might be able to answer that question.
Howmet is a member of our Aerospace group, which includes 51 different companies and currently sits at #1 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. Howmet is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for HWM's full-year earnings has moved 1.6% higher within the past quarter. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
According to our latest data, HWM has moved about 2.1% on a year-to-date basis. In comparison, Aerospace companies have returned an average of -0.1%. As we can see, Howmet is performing better than its sector in the calendar year.
Another stock in the Aerospace sector, Mercury Systems (MRCY - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 1%.
Over the past three months, Mercury Systems' consensus EPS estimate for the current year has increased 72.9%. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Howmet belongs to the Aerospace - Defense industry, which includes 24 individual stocks and currently sits at #164 in the Zacks Industry Rank. Stocks in this group have lost about 10.4% so far this year, so HWM is performing better this group in terms of year-to-date returns.
In contrast, Mercury Systems falls under the Aerospace - Defense Equipment industry. Currently, this industry has 26 stocks and is ranked #26. Since the beginning of the year, the industry has moved +32.4%.
Investors with an interest in Aerospace stocks should continue to track Howmet and Mercury Systems. These stocks will be looking to continue their solid performance.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Is Howmet Aerospace (HWM) Stock Outpacing Its Aerospace Peers This Year?
The Aerospace group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Howmet (HWM - Free Report) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Aerospace peers, we might be able to answer that question.
Howmet is a member of our Aerospace group, which includes 51 different companies and currently sits at #1 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups.
The Zacks Rank is a proven model that highlights a variety of stocks with the right characteristics to outperform the market over the next one to three months. The system emphasizes earnings estimate revisions and favors companies with improving earnings outlooks. Howmet is currently sporting a Zacks Rank of #2 (Buy).
The Zacks Consensus Estimate for HWM's full-year earnings has moved 1.6% higher within the past quarter. This shows that analyst sentiment has improved and the company's earnings outlook is stronger.
According to our latest data, HWM has moved about 2.1% on a year-to-date basis. In comparison, Aerospace companies have returned an average of -0.1%. As we can see, Howmet is performing better than its sector in the calendar year.
Another stock in the Aerospace sector, Mercury Systems (MRCY - Free Report) , has outperformed the sector so far this year. The stock's year-to-date return is 1%.
Over the past three months, Mercury Systems' consensus EPS estimate for the current year has increased 72.9%. The stock currently has a Zacks Rank #2 (Buy).
Looking more specifically, Howmet belongs to the Aerospace - Defense industry, which includes 24 individual stocks and currently sits at #164 in the Zacks Industry Rank. Stocks in this group have lost about 10.4% so far this year, so HWM is performing better this group in terms of year-to-date returns.
In contrast, Mercury Systems falls under the Aerospace - Defense Equipment industry. Currently, this industry has 26 stocks and is ranked #26. Since the beginning of the year, the industry has moved +32.4%.
Investors with an interest in Aerospace stocks should continue to track Howmet and Mercury Systems. These stocks will be looking to continue their solid performance.