ASX:ASBAerospace & Defense
Is Austal’s Surge in 2025 Justified by Its Cash Flow and Earnings Outlook?
Wondering if Austal at $6.23 is still a smart buy after its big run, or if you would just be chasing momentum? Let us unpack what the current price really implies about its value.
The stock has slipped slightly in the short term, down 4.4% over the last week and 7.2% over the last month, but that comes after a huge rebound with shares up 101.0% year to date and 122.5% over the past year.
Much of this surge has been driven by renewed optimism around Austal's defence shipbuilding contracts and...