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 Ratings Changes

A number of analysts have commented on the stock. Sanford C. Bernstein increased their price target on shares of Huntington Ingalls Industries from $217.00 to $235.00 in a research note on Tuesday, August 9th. StockNews.com upgraded shares of Huntington Ingalls Industries from a "hold" rating to a "buy" rating in a research note on Friday, July 29th. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company's stock. Based on data from MarketBeat.com, Huntington Ingalls Industries currently has a consensus rating of "Moderate Buy" and a consensus target price of $235.88.

Huntington Ingalls Industries Price Performance

Huntington Ingalls Industries stock opened at $230.46 on Monday. The company has a market capitalization of $9.21 billion, a price-to-earnings ratio of 15.81 and a beta of 0.67. The company has a current ratio of 1.15, a quick ratio of 1.07 and a debt-to-equity ratio of 1.05. Huntington Ingalls Industries has a 12 month low of $175.50 and a 12 month high of $237.43. The stock's 50 day moving average is $213.72 and its 200-day moving average is $207.19.

Huntington Ingalls Industries (NYSE:HII - Get Rating) last released its quarterly earnings results on Thursday, August 4th. The aerospace company reported $4.44 earnings per share (EPS) 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 the consensus estimate of $2.62 billion. Huntington Ingalls Industries had a return on equity of 21.73% and a net margin of 5.71%. The firm's quarterly revenue was up 19.3% on a year-over-year basis. During the same period in the previous year, the company posted $3.20 EPS. Equities research analysts expect that Huntington Ingalls Industries will post 15.38 EPS for the current year.

Huntington Ingalls Industries Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 9th. Stockholders of record on Friday, August 26th will be given a $1.18 dividend. The ex-dividend date of this dividend is Thursday, August 25th. This represents a $4.72 dividend on an annualized basis and a dividend yield of 2.05%. Huntington Ingalls Industries's payout ratio is 32.37%.

Insider Activity

In other Huntington Ingalls Industries news, VP Jennifer R. Boykin sold 2,614 shares of the stock in a transaction dated Saturday, June 11th. The shares were sold at an average price of $229.00, for a total transaction of $598,606.00. Following the sale, the vice president now directly owns 7,447 shares in the company, valued at $1,705,363. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In other news, VP Jennifer R. Boykin sold 2,614 shares of the company'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 transaction 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 approximately $1,705,363. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, VP Edgar A. Green III sold 4,222 shares of Huntington Ingalls Industries 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 transaction, the vice president now directly owns 5,809 shares in the company, valued at $1,208,213.91. The disclosure for this sale can be found here. Corporate insiders own 2.16% of the company's stock.