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.

Wall Street Analyst Weigh In

HII has been the subject of a number of recent analyst reports. Sanford C. Bernstein lifted their price objective on shares of Huntington Ingalls Industries from $217.00 to $235.00 in a report on Tuesday, August 9th. StockNews.com raised 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. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $235.88.

Huntington Ingalls Industries Price Performance

HII traded up $2.63 on Wednesday, reaching $236.17. 343,259 shares of the company's stock were exchanged, compared to its average volume of 391,696. The stock has a market cap of $9.43 billion, a PE ratio of 16.20 and a beta of 0.67. Huntington Ingalls Industries has a twelve month low of $175.50 and a twelve month high of $237.43. The stock's fifty day moving average price is $214.91 and its 200-day moving average price is $207.89. The company has a debt-to-equity ratio of 1.05, a current ratio of 1.15 and a quick ratio of 1.07.

Huntington Ingalls Industries (NYSE:HII - Get Rating) last posted its quarterly earnings results on Thursday, August 4th. The aerospace company reported $4.44 earnings per share for the quarter, topping analysts' consensus estimates of $3.43 by $1.01. The firm had revenue of $2.66 billion for the quarter, compared to analyst estimates of $2.62 billion. Huntington Ingalls Industries had a net margin of 5.71% and a return on equity of 21.73%. Huntington Ingalls Industries's quarterly revenue was up 19.3% on a year-over-year basis. During the same period in the previous year, the business posted $3.20 earnings per share. Sell-side 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. Investors of record on Friday, August 26th will be given a dividend of $1.18 per share. The ex-dividend date of this dividend is Thursday, August 25th. This represents a $4.72 dividend on an annualized basis and a yield of 2.00%. Huntington Ingalls Industries's payout ratio is presently 32.37%.

Insider Buying and Selling

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