|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||31.77 - 32.25|
|52-week range||31.77 - 32.25|
|Beta (5Y monthly)||1.38|
|PE ratio (TTM)||53.55|
|Earnings date||01 Feb 2022 - 07 Feb 2022|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
Arconic (NYSE: ARNC) has cut full-year guidance due to higher energy costs and operational problems at two of its facilities. Arconic, a onetime subsidiary of Alcoa, produces aluminum sheet, plate, and architectural products primarily for the aerospace, industrial, and construction markets. Arconic said it expects to generate between $9.2 billion and $9.5 billion in revenue in 2022, down from previous guidance for between $9.6 billion and $10 billion.
Continued recovery in the commercial aerospace end market, pricing actions and cost-control measures bode well for Howmet (HWM).
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