Howmet Aerospace: Commercial Aerospace Leading To Consistent Growth

Jan. 19, 2023 8:39 PM ETHowmet Aerospace Inc. (HWM) StockHWM1 Comment
Gary Bourgeault
13.26K Followers

Summary

  • Revenue, EBITDA and earnings per share were all up for the fifth consecutive quarter.
  • Commercial aerospace will be the key driver over the next two to three years.
  • Since dropping to approximately $10 per share in May 2020 from the impact of the pandemic, the share price of HWM has rebounded nicely, and should continue to grow through.
Commercial jet flying over clouds

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Howmet Aerospace Inc. (NYSE:HWM) has been recovering nicely ever since it hit a low of approximately $10.00 per share on May 11, 2022, as a result of its share price getting hammered from the pandemic.

Since that time, it is up

This article was written by

13.26K Followers
I am a former investment advisor and owner of several businesses. These days I invest only for myself while continuing to write on a variety of financial and economic topics.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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