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After finishing at $268.13 in the prior trading day, Huntington Ingalls Industries Inc (NYSE: HII) closed at $257.32, down -4.03%. In other words, the price has decreased by -$4.03 from its previous closing price. On the day, 0.56 million shares were traded. HII stock price reached its highest trading level at $266.6449 during the session, while it also had its lowest trading level at $256.32.
Ratios:
Our goal is to gain a better understanding of HII by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 917.46 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 29.68. For the most recent quarter (mrq), Quick Ratio is recorded 0.76 and its Current Ratio is at 0.82. In the meantime, Its Debt-to-Equity ratio is 0.69 whereas as Long-Term Debt/Eq ratio is at 0.46.
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, JP Morgan on September 09, 2024, Downgraded its rating to Neutral and sets its target price to $285 from $280 previously.
On May 20, 2024, Citigroup started tracking the stock assigning a Buy rating and target price of $310.
Barclays Downgraded its Overweight to Equal Weight on January 05, 2024, whereas the target price for the stock was revised from $250 to $280.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 20 ’24 when Hughes Edmond E. Jr. sold 1,500 shares for $256.07 per share. The transaction valued at 384,102 led to the insider holds 8,135 shares of the business.
Boykin Jennifer R. sold 1,043 shares of HII for $262,837 on May 10 ’24. The Ex VP, President NNS now owns 0 shares after completing the transaction at $252.03 per share. On Mar 01 ’24, another insider, Green Edgar A III, who serves as the Ex VP, Pres. HII Mission Tech of the company, sold 3,603 shares for $290.75 each. As a result, the insider received 1,047,572 and left with 7,461 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 10090855424 and an Enterprise Value of 12960863232. As of this moment, Huntington’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.65, and their Forward P/E ratio for the next fiscal year is 13.66. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.17. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.86 while its Price-to-Book (P/B) ratio in mrq is 2.42. Its current Enterprise Value per Revenue stands at 1.101 whereas that against EBITDA is 11.173.
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 $199.11. The 50-Day Moving Average of the stock is -4.09%, while the 200-Day Moving Average is calculated to be -3.12%.
Shares Statistics:
The stock has traded on average 313.63K shares per day over the past 3-months and 562770 shares per day over the last 10 days, according to various share statistics. A total of 39.62M shares are outstanding, with a floating share count of 38.92M. Insiders hold about 0.75% of the company’s shares, while institutions hold 92.76% stake in the company. Shares short for HII as of 1724976000 were 1047108 with a Short Ratio of 3.34, compared to 1722384000 on 714127. Therefore, it implies a Short% of Shares Outstanding of 1047108 and a Short% of Float of 3.08.
Dividends & Splits
In the trailing 12 months, HII’s forward annual dividend rate was 5.14, compared to 5.20 this year. Against a Trailing Annual Dividend Yield of 0.019169806The stock’s 5-year Average Dividend Yield is 2.15.
