Huntington Ingalls Industries, Inc.’s Stock Price Holds Steady at $217.22 Despite a Slight 0.29% Dip

Huntington Ingalls Industries, Inc. (HII)

217.22 USD -0.64 (-0.29%) Volume: 0.87M

Huntington Ingalls Industries, Inc.’s stock price stands at 217.22 USD, experiencing a slight dip of -0.29% in the current trading session with a trading volume of 0.87M. However, HII’s stock has shown a promising performance with a Year-To-Date (YTD) increase of +14.95%, highlighting its strong market position.

Latest developments on Huntington Ingalls Industries, Inc.

Leading up to today’s stock price movements, Huntington Ingalls Industries (NYSE:HII) has been making headlines in the industrial sector. The company recently delivered its first two Lionfish SUUVs to the US Navy, showcasing its commitment to innovation and defense technology. Additionally, financial firms like Ceredex Value Advisors LLC and Cerity Partners LLC have been selling shares of HII, while others like Barclays PLC and Raymond James Financial Inc. have been increasing their stakes. With Bernstein adjusting the price target on HII and various institutions adjusting their positions, investors are eagerly anticipating the next earnings report to see how these developments will impact the stock’s performance.

Huntington Ingalls Industries, Inc. on Smartkarma

Analysts at Baptista Research have been closely following Huntington Ingalls Industries, Inc. (HII) and recently published two insightful reports on the company. In one report titled “Huntington Ingalls Industries Looking To Reinvent Shipbuilding—Will Its Workforce Optimization Efforts Work Out?”, the analysts discussed the company’s Q4 2024 earnings results, highlighting both opportunities and challenges across its business segments. Despite reporting revenues of $3 billion for the quarter, a 5% decrease from the previous year, the analysts remain bullish on HII’s potential.

In another report by Baptista Research, titled “Huntington Ingalls Industries: An Insight Into Its Capital Allocation & Financial Health & Major Growth Drivers”, the analysts delved into the company’s third-quarter earnings for 2024. With reported revenue of $2.7 billion, a 2.4% decrease from the prior year, and a drop in earnings per share from $3.70 to $2.56, the analysts highlighted the operational performance and future expectations of HII amid challenges. Despite the mixed picture presented, the analysts maintain a bullish outlook on Huntington Ingalls Industries.

A look at Huntington Ingalls Industries, Inc. Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Huntington Ingalls Industries is positioned for a positive long-term outlook. The company scores high in Value, Dividend, and Growth, indicating strong financial performance and potential for future growth. Additionally, with a high Momentum score, Huntington Ingalls Industries is showing strong market momentum, which could lead to continued success in the future. However, the company’s Resilience score is slightly lower, suggesting some potential risks that investors should keep an eye on.

Huntington Ingalls Industries, Inc. is a leading company in designing, building, and maintaining ships for the United States Navy and Coast Guard. With its two primary business divisions, Newport News Shipbuilding and Ingalls Shipbuilding, the company also offers after-market services for military ships globally. With its strong Smartkarma Smart Scores across various factors, Huntington Ingalls Industries is well-positioned for continued success in the defense industry.

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