Huntington Ingalls Industries - HII Stock Forecast, Price & News

Huntington Ingalls Industries, Inc. engages in designing, building, overhauling, and repairing military ships in the United States. It operates through three segments: Ingalls Shipbuilding, Newport News Shipbuilding, and Technical Solutions. The company is involved in the design and construction of non-nuclear ships comprising amphibious assault ships; expeditionary warfare ships; surface combatants; and national security cutters for the U.S. Navy and U.S. Coast Guard. It also provides nuclear-powered ships, such as aircraft carriers and submarines, as well as refueling and overhaul, and inactivation services of ships. In addition, the company offers naval nuclear support services, including fleet services comprising design, construction, maintenance, and disposal activities for in-service the U.S. Navy nuclear ships; and maintenance services on nuclear reactor prototypes. Further, it provides life-cycle sustainment services to the U.S. Navy fleet and other maritime customers; high-end information technology and mission-based solutions for Department of Defense (DoD), intelligence, and federal civilian customers; nuclear management and operations and environmental management services for the Department of Energy, DoD, state and local governments, and private sector companies; defense and federal solutions; and unmanned systems. Huntington Ingalls Industries, Inc. was founded in 1886 and is headquartered in Newport News, Virginia.

Analyst Upgrades and Downgrades

Several research firms have commented on HII. StockNews.com raised shares of Huntington Ingalls Industries from a "hold" rating to a "buy" rating in a research report on Friday, July 29th. Sanford C. Bernstein upped their price target on shares of Huntington Ingalls Industries from $217.00 to $235.00 in a report on Tuesday, August 9th. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $235.88.

Huntington Ingalls Industries Stock Up 0.9 %

NYSE:HII opened at $232.56 on Tuesday. The company has a debt-to-equity ratio of 1.05, a quick ratio of 1.07 and a current ratio of 1.15. The firm has a 50-day simple moving average of $214.13 and a 200 day simple moving average of $207.51. Huntington Ingalls Industries has a twelve month low of $175.50 and a twelve month high of $237.43. The stock has a market cap of $9.29 billion, a PE ratio of 15.95 and a beta of 0.67.

Huntington Ingalls Industries (NYSE:HII - Get Rating) last released its earnings results on Thursday, August 4th. The aerospace company reported $4.44 earnings per share for the quarter, beating the consensus estimate of $3.43 by $1.01. The business had revenue of $2.66 billion during the quarter, compared to analysts' expectations of $2.62 billion. Huntington Ingalls Industries had a net margin of 5.71% and a return on equity of 21.73%. The firm's revenue was up 19.3% on a year-over-year basis. During the same quarter last year, the company earned $3.20 earnings per share. On average, research analysts forecast that Huntington Ingalls Industries will post 15.38 EPS for the current year.

Huntington Ingalls Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 9th. Shareholders of record on Friday, August 26th will be paid a dividend of $1.18 per share. This represents a $4.72 dividend on an annualized basis and a yield of 2.03%. The ex-dividend date is Thursday, August 25th. Huntington Ingalls Industries's dividend payout ratio is 32.37%.

Insiders Place Their Bets

In other news, VP Edgar A. Green III sold 4,222 shares of the firm's stock in a transaction that occurred on Wednesday, June 1st. The shares were sold at an average price of $207.99, for a total transaction of $878,133.78. Following the completion of the sale, the vice president now owns 5,809 shares of the company's stock, valued at $1,208,213.91. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. In related news, VP Jennifer R. Boykin sold 2,614 shares of the firm's stock in a transaction that occurred on Saturday, June 11th. The shares were sold at an average price of $229.00, for a total value of $598,606.00. Following the completion of the sale, the vice president now owns 7,447 shares of the company's stock, valued at $1,705,363. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, VP Edgar A. Green III sold 4,222 shares of the firm's stock in a transaction that occurred on Wednesday, June 1st. The shares were sold at an average price of $207.99, for a total transaction of $878,133.78. Following the completion of the sale, the vice president now directly owns 5,809 shares of the company's stock, valued at approximately $1,208,213.91. The disclosure for this sale can be found here. Corporate insiders own 2.16% of the company's stock.