A Look at Huntington Ingalls Industries Inc (HII) Shares in the Recent Past Indicates Growth

With 0.52 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.42 million shares. During the session, the Aerospace & Defense company that operates in wider Industrials sector, reached to the highest price of $192.335 whereas the lowest price it dropped to was $189.07. The 52-week range on HII shows that it touched its highest point at $299.50 and its lowest point at $184.29 during that stretch. It currently has a 1-year price target of $211.64. With its current market cap of 7.44 billion, HII has annualized dividend of $5.20 while the current yield stands at 2.73%. Beta for the stock currently stands at 0.54.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of HII was down-trending over the past week, with a drop of -6.74%, but this was down by -26.00% over a month. Three-month performance dropped to -30.08% while six-month performance fell -25.24%. The stock lost -20.58% in the past year, while it has lost -26.73% so far this year. A look at the trailing 12-month EPS for HII yields 17.71 with Next year EPS estimates of 15.30. For the next quarter, that number is 3.27. This implies an EPS growth rate of -17.50% for this year and 8.65% for next year. EPS is expected to grow by 7.36% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -2.21%.

Float and Shares Shorts:

At present, 39.62 million HII shares are outstanding with a float of 38.85 million shares on hand for trading. On 2024-10-31, short shares totaled 0.84 million, which was 213.99999999999997 higher than short shares on 1727654400. In addition to Mr. Christopher D. Kastner as the firm’s President, CEO & Director, Mr. Thomas E. Stiehle serves as its Executive VP & CFO.

Institutional Ownership:

Through their ownership of 0.94517 of HII’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, HII reported revenue of $2749000000.0 and operating income of $70000000.0. The EBITDA in the recently reported quarter was $205000000.0 and diluted EPS was $2.56.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for HII since 5 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With HII analysts setting a high price target of 326.0 and a low target of 180.0, the average target price over the next 12 months is 231.51. Based on these targets, HII could surge 71.35% to reach the target high and fall by -5.39% to reach the target low. Reaching the average price target will result in a growth of 21.69% from current levels.

Analysts have provided yearly estimates in a range of $15.57435 being high and $12.94087 being low. For HII, this leads to a yearly average estimate of $14.08299. The surprise factor in the prior quarter was $3.48. Based on analyst estimates, the high estimate for the next quarter is $3.81 and the low estimate is $2.6. The average estimate for the next quarter is thus $3.25.