Huntington Ingalls Industries, Inc. (HII)
215.74 USD +14.85 (+7.39%) Volume: 1.47M
Huntington Ingalls Industries, Inc.’s stock price is currently at a strong 215.74 USD, with a significant trading session increase of +7.39%. With a robust trading volume of 1.47M and a year-to-date percentage change of +14.17%, HII’s stock performance continues to showcase promising growth in the market.
Latest developments on Huntington Ingalls Industries, Inc.
Huntington Ingalls Industries stock surged today after Goldman Sachs double-upgraded the company to Buy from Sell, with a price target adjustment from $145 to $234. This upgrade led to a 7.1% surge in HII shares, outperforming the market. Additionally, integrated investment firms like Fmr LLC and Geode Capital Management increased their positions in Huntington Ingalls Industries, while JPMorgan Chase & Co. trimmed their stake. The company also joined forces with Hyundai Heavy to strengthen U.S. and South Korean shipbuilding efforts. With a series of positive developments, including recognition at Sea Air Space 2025 and potential executive order boosts, Huntington Ingalls Industries is making significant strides in the naval industry.
Huntington Ingalls Industries, Inc. on Smartkarma
Analysts at Baptista Research on Smartkarma have provided insights into Huntington Ingalls Industries, Inc. (HII) and its recent financial performance. 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 a 5% decrease in revenues compared to the same period last year, HII is aiming to reinvent shipbuilding through workforce optimization efforts.
Another report from Baptista Research, titled “Huntington Ingalls Industries: An Insight Into Its Capital Allocation & Financial Health & Major Growth Drivers”, delves into HII’s third-quarter earnings for 2024. The analysts noted a mixed picture of operational performance and future expectations amid challenges, with the company reporting a 2.4% decrease in revenue to $2.7 billion. Earnings per share also saw a decline from $3.70 to $2.56 compared to the previous year, indicating a need for strategic capital allocation and financial health management for Huntington Ingalls Industries.
A look at Huntington Ingalls Industries, Inc. Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.0 |
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 seems to have a positive long-term outlook. The company received high scores in areas such as Dividend and Momentum, indicating strong performance in these areas. Additionally, with above-average scores in Value and Growth, Huntington Ingalls Industries appears to be a solid choice for investors looking for stability and potential for growth in the future. However, the company’s Resilience score is lower, suggesting some potential vulnerabilities that investors may want to consider.
Huntington Ingalls Industries, Inc. is a company that designs, builds, and maintains ships for the United States Navy and Coast Guard. With a focus on both nuclear and non-nuclear ships, the company also offers after-market services for military ships around the world. Comprised of two main business divisions, Newport News Shipbuilding and Ingalls Shipbuilding, Huntington Ingalls Industries plays a crucial role in supporting the defense and security needs of the United States and other countries.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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