The closing price of Huntington Ingalls Industries Inc (NYSE: HII) was $275.50 for the day, down -3.56% from the previous closing price of $285.68. In other words, the price has decreased by -$10.18 from its previous closing price. On the day, 542665 shares were traded.
Ratios:
Our analysis of HII’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 25.38 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.10. For the most recent quarter (mrq), Quick Ratio is recorded 0.89 and its Current Ratio is at 0.95. In the meantime, Its Debt-to-Equity ratio is 0.67 whereas as Long-Term Debt/Eq ratio is at 0.60.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Barclays on January 05, 2024, Downgraded its rating to Equal Weight and sets its target price to $280 from $250 previously.
On September 28, 2023, JP Morgan Upgraded its rating to Overweight which previously was Neutral and also lowered its target price recommendation from $250 to $247.
On September 28, 2023, Deutsche Bank started tracking the stock assigning a Hold rating and target price of $217.Deutsche Bank initiated its Hold rating on September 28, 2023, with a $217 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Mar 01 ’24 when Green Edgar A III sold 3,603 shares for $290.75 per share. The transaction valued at 1,047,572 led to the insider holds 7,461 shares of the business.
Schuck Nicolas G sold 1,293 shares of HII for $376,742 on Mar 01 ’24. The Corp VP, Controller & CAO now owns 2,250 shares after completing the transaction at $291.28 per share. On Feb 21 ’24, another insider, Wyatt D R, who serves as the Corp VP & Treasurer of the company, sold 500 shares for $288.56 each. As a result, the insider received 144,282 and left with 18,600 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HII now has a Market Capitalization of 10.91B and an Enterprise Value of 13.16B. As of this moment, Huntington’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.11, and their Forward P/E ratio for the next fiscal year is 14.38. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.48. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.95 while its Price-to-Book (P/B) ratio in mrq is 2.67. Its current Enterprise Value per Revenue stands at 1.15 whereas that against EBITDA is 10.16.
Stock Price History:
Over the past 52 weeks, HII has reached a high of $299.50, while it has fallen to a 52-week low of $188.51. The 50-Day Moving Average of the stock is 283.97, while the 200-Day Moving Average is calculated to be 243.61.
Shares Statistics:
HII traded an average of 287.89K shares per day over the past three months and 386.91k shares per day over the past ten days. A total of 39.62M shares are outstanding, with a floating share count of 39.32M. Insiders hold about 0.74% of the company’s shares, while institutions hold 91.89% stake in the company. Shares short for HII as of Mar 15, 2024 were 711.38k with a Short Ratio of 2.47, compared to 659.62k on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.80% and a Short% of Float of 2.07%.
Dividends & Splits
With its trailing 12-month dividend rate of 5.02, HII has a forward annual dividend rate of 5.08. Against a Trailing Annual Dividend Yield of 1.76%, it implies a Forward Annual Dividend Yield of 1.79%. The stock’s 5-year Average Dividend Yield is 2.11. The current Payout Ratio is 29.41% for HII, which recently paid a dividend on Mar 08, 2024 with an ex-dividend date of Feb 22, 2024. Stock splits for the company last occurred on Dec 05, 2003 when the company split stock in a 1:2 ratio.
Earnings Estimates
The firm’s stock currently is rated by 11 analysts. On average, analysts expect EPS of $3.51 for the current quarter, with a high estimate of $3.74 and a low estimate of $3.23, while EPS last year was $3.23. The consensus estimate for the next quarter is $3.83, with high estimates of $4.03 and low estimates of $3.27.
Analysts are recommending an EPS of between $17.07 and $16.15 for the fiscal current year, implying an average EPS of $16.56. EPS for the following year is $19.29, with 11 analysts recommending between $24.43 and $16.18.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 10 analysts. It ranges from a high estimate of $2.87B to a low estimate of $2.67B. As of the current estimate, Huntington Ingalls Industries Inc’s year-ago sales were $2.67B, an estimated increase of 4.20% from the year-ago figure. For the next quarter, 10 analysts are estimating revenue of $2.85B, an increase of 6.60% over than the figure of $4.20% in the same quarter last year. There is a high estimate of $2.91B for the next quarter, whereas the lowest estimate is $2.79B.
A total of 11 analysts have provided revenue estimates for HII’s current fiscal year. The highest revenue estimate was $11.82B, while the lowest revenue estimate was $11.59B, resulting in an average revenue estimate of $11.69B. In the same quarter a year ago, actual revenue was $11.45B, up 2.00% from the average estimate. Based on 10 analysts’ estimates, the company’s revenue will be $12.08B in the next fiscal year. The high estimate is $12.27B and the low estimate is $11.6B. The average revenue growth estimate for next year is up 3.40% from the average revenue estimate for this year.
