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.

Huntington Ingalls Industries Trading Up 0.7 %

Shares of NYSE:HII traded up $1.53 during mid-day trading on Wednesday, hitting $227.02. The stock had a trading volume of 290,753 shares, compared to its average volume of 397,150. The company has a debt-to-equity ratio of 1.05, a quick ratio of 1.07 and a current ratio of 1.15. Huntington Ingalls Industries has a 1 year low of $175.50 and a 1 year high of $237.43. The business has a 50 day moving average price of $213.06 and a two-hundred day moving average price of $206.49. The firm has a market cap of $9.07 billion, a P/E ratio of 15.57 and a beta of 0.67.

Huntington Ingalls Industries (NYSE:HII - Get Rating) last issued its earnings results on Thursday, August 4th. The aerospace company reported $4.44 EPS for the quarter, topping the consensus estimate of $3.43 by $1.01. Huntington Ingalls Industries had a net margin of 5.71% and a return on equity of 21.73%. The company had revenue of $2.66 billion for the quarter, compared to the consensus estimate of $2.62 billion. During the same period in the previous year, the firm earned $3.20 earnings per share. The firm's revenue for the quarter was up 19.3% on a year-over-year basis. On average, equities analysts anticipate that Huntington Ingalls Industries will post 15.4 EPS for the current fiscal year.

Huntington Ingalls Industries Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, September 9th. Investors of record on Friday, August 26th will be issued a $1.18 dividend. This represents a $4.72 annualized dividend and a yield of 2.08%. The ex-dividend date of this dividend is Thursday, August 25th. Huntington Ingalls Industries's dividend payout ratio (DPR) is currently 32.37%.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the stock. Cowen upgraded shares of Huntington Ingalls Industries from a "market perform" rating to an "outperform" rating and lifted their target price for the company from $200.00 to $270.00 in a research report on Thursday, April 14th. StockNews.com raised shares of Huntington Ingalls Industries from a "hold" rating to a "buy" rating in a research note on Friday, July 29th. Cowen raised shares of Huntington Ingalls Industries from a "market perform" rating to an "outperform" rating and lifted their price target for the stock from $200.00 to $270.00 in a research note on Thursday, April 14th. Finally, Sanford C. Bernstein lifted their price target on shares of Huntington Ingalls Industries from $217.00 to $235.00 in a research note on Tuesday. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, Huntington Ingalls Industries presently has an average rating of "Moderate Buy" and an average target price of $235.88.

Insider Activity at Huntington Ingalls Industries

In related news, VP Edgar A. Green III sold 4,222 shares of Huntington Ingalls Industries stock in a transaction on Wednesday, June 1st. The shares were sold at an average price of $207.99, for a total value of $878,133.78. Following the sale, the vice president now owns 5,809 shares in the company, valued at $1,208,213.91. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 2.16% of the stock is currently owned by company insiders.