HWM / Howmet Aerospace: Rating Upgrade As Relative Valuation Is Actually Not Expensive

The headline numbers for Howmet (HWM) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to com more_horizontal

Howmet's (HWM) Q3 revenues increase 15.7% driven by an improved commercial aerospace market. The company raised its earnings guidance for 2023. more_horizontal

Weakness in the Forged Wheels segment due to supply-chain issues and escalating cost of sales are likely to hurt Howmet's (HWM) Q3 results. more_horizontal

Howmet (HWM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in more_horizontal

Howmet Aerospace delivered strong results in the most recent quarter, beating expectations and raising guidance. While there were some issues in the r more_horizontal

Strength across commercial aerospace due to widebody recovery bodes well for Howmet (HWM). The company's commitment to reward its shareholders is enco more_horizontal

Half the fun of investing in stocks is digging through the markets to find undervalued gems and under-the-radar stocks with long-term potential. At th more_horizontal

Strength across commercial aerospace places Howmet (HWM) well for future growth. The company's improved guidance for 2023 sparks optimism. more_horizontal