Huntington Ingalls Industries (HII) to Release Quarterly Earnings on Thursday

Huntington Ingalls Industries (NYSE:HII) is anticipated to release its earnings data before the market opens on Thursday, February 6th. Analysts expect Huntington Ingalls Industries to post earnings of $3.28 per share and revenue of $3.06 billion for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Huntington Ingalls Industries Stock Down 0.3 %

HII stock opened at $196.69 on Tuesday. The company has a market capitalization of $7.70 billion, a P/E ratio of 11.11, a PEG ratio of 1.77 and a beta of 0.57. Huntington Ingalls Industries has a twelve month low of $184.29 and a twelve month high of $299.50. The firm has a 50 day simple moving average of $194.36 and a 200-day simple moving average of $231.48. The company has a current ratio of 0.79, a quick ratio of 0.73 and a debt-to-equity ratio of 0.41.

Huntington Ingalls Industries Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 28th will be issued a $1.35 dividend. This represents a $5.40 dividend on an annualized basis and a yield of 2.75%. The ex-dividend date is Friday, February 28th. Huntington Ingalls Industries’s dividend payout ratio is presently 30.49%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on HII shares. Bank of America dropped their price objective on shares of Huntington Ingalls Industries from $250.00 to $195.00 and set an “underperform” rating on the stock in a research note on Wednesday, November 13th. The Goldman Sachs Group cut their price target on Huntington Ingalls Industries from $226.00 to $194.00 and set a “sell” rating on the stock in a report on Friday, November 1st. Barclays lowered their price objective on Huntington Ingalls Industries from $290.00 to $220.00 and set an “equal weight” rating for the company in a research note on Monday, November 4th. Alembic Global Advisors downgraded shares of Huntington Ingalls Industries from an “overweight” rating to a “neutral” rating and set a $210.00 price objective on the stock. in a research report on Friday, November 1st. Finally, StockNews.com lowered shares of Huntington Ingalls Industries from a “buy” rating to a “hold” rating in a research note on Friday, November 1st. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $228.89.

Insider Buying and Selling at Huntington Ingalls Industries

In other news, VP D R. Wyatt sold 400 shares of the firm’s stock in a transaction dated Monday, November 11th. The shares were sold at an average price of $205.24, for a total transaction of $82,096.00. Following the completion of the transaction, the vice president now owns 19,627 shares in the company, valued at approximately $4,028,245.48. This trade represents a 2.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. 0.72% of the stock is currently owned by corporate insiders.

About Huntington Ingalls Industries

Huntington Ingalls Industries, Inc designs, builds, overhauls, and repairs military ships in the United States. It operates through three segments: Ingalls, Newport News, and Mission Technologies. 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.