Huntington Ingalls Industries (HII) Earning Positive Press Coverage, Study Shows
News headlines about Huntington Ingalls Industries (NYSE:HII) have been trending positive this week, according to Accern Sentiment. Accern identifies negative and positive media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Huntington Ingalls Industries earned a coverage optimism score of 0.28 on Accern’s scale. Accern also gave headlines about the aerospace company an impact score of 45.8395327946185 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Here are some of the news headlines that may have effected Accern’s analysis:
- General Dynamics Wins $5B Contract for Nuclear Submarines – Nasdaq (nasdaq.com)
- Huntington Ingalls Industries Reaches Analyst Target Price (nasdaq.com)
- Huntington Ingalls Industries, Inc. : HII-US: Dividend Analysis : August 25th, 2017 (record date) : By the numbers : September 20, 2017 (finance.yahoo.com)
- Top Ranked Momentum Stocks to Buy for September 21st (finance.yahoo.com)
- Huntington Ingalls Industries (HII) and Cubic Corporation (CUB) Financial Contrast (americanbankingnews.com)
Shares of Huntington Ingalls Industries (NYSE:HII) opened at 220.37 on Friday. Huntington Ingalls Industries has a 1-year low of $146.52 and a 1-year high of $221.52. The stock’s 50 day moving average is $211.22 and its 200 day moving average is $201.95. The company has a market capitalization of $10.01 billion, a PE ratio of 18.00 and a beta of 1.18.
Huntington Ingalls Industries (NYSE:HII) last issued its earnings results on Thursday, August 3rd. The aerospace company reported $3.21 EPS for the quarter, beating the consensus estimate of $2.62 by $0.59. The company had revenue of $1.86 billion during the quarter, compared to analysts’ expectations of $1.79 billion. Huntington Ingalls Industries had a net margin of 7.93% and a return on equity of 31.12%. The business’s revenue for the quarter was up 9.3% compared to the same quarter last year. During the same period in the previous year, the company earned $2.32 EPS. On average, equities research analysts anticipate that Huntington Ingalls Industries will post $11.54 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Friday, September 8th. Stockholders of record on Friday, August 25th were given a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 1.09%. The ex-dividend date was Wednesday, August 23rd. Huntington Ingalls Industries’s payout ratio is presently 19.61%.
HII has been the topic of a number of analyst reports. BidaskClub raised shares of Huntington Ingalls Industries from a “hold” rating to a “buy” rating in a research note on Thursday, August 3rd. Zacks Investment Research raised shares of Huntington Ingalls Industries from a “hold” rating to a “buy” rating and set a $222.00 target price on the stock in a research note on Monday, July 17th. ValuEngine raised shares of Huntington Ingalls Industries from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. Cowen and Company reaffirmed a “hold” rating and set a $210.00 price objective on shares of Huntington Ingalls Industries in a research note on Tuesday, August 22nd. Finally, Deutsche Bank AG reaffirmed a “buy” rating and set a $240.00 price objective (up from $230.00) on shares of Huntington Ingalls Industries in a research note on Wednesday, August 9th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and four have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $205.00.
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In other news, VP Jerri F. Dickseski sold 1,552 shares of the business’s stock in a transaction that occurred on Monday, July 3rd. The shares were sold at an average price of $193.09, for a total value of $299,675.68. Following the completion of the transaction, the vice president now directly owns 34,659 shares in the company, valued at approximately $6,692,306.31. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, VP Jennifer R. Boykin sold 2,362 shares of the business’s stock in a transaction that occurred on Wednesday, July 12th. The shares were sold at an average price of $196.00, for a total transaction of $462,952.00. Following the completion of the transaction, the vice president now owns 6,425 shares of the company’s stock, valued at $1,259,300. The disclosure for this sale can be found here. Insiders sold a total of 7,699 shares of company stock valued at $1,576,565 over the last 90 days. Corporate insiders own 2.22% of the company’s stock.
About Huntington Ingalls Industries
Huntington Ingalls Industries, Inc is a military shipbuilding company and a provider of professional services to partners in government and industry. The Company’s business consists of the design, construction, repair and maintenance of nuclear-powered ships and non-nuclear ships for the United States Navy and coastal defense surface ships for the United States Coast Guard, as well as the refueling and overhaul and inactivation of nuclear-powered ships for the United States Navy.
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