Huntington Ingalls Industries (NYSE:HII) Issues Quarterly Earnings Results, Misses Estimates By $0.13 EPS

Huntington Ingalls Industries (NYSE:HII) issued its earnings results on Thursday. The aerospace company reported $3.15 EPS for the quarter, missing the consensus estimate of $3.28 by ($0.13), Zacks reports. Huntington Ingalls Industries had a net margin of 5.99% and a return on equity of 16.89%. Huntington Ingalls Industries updated its FY 2025 guidance to EPS.

Huntington Ingalls Industries Trading Down 18.2 %

Shares of HII traded down $35.60 during midday trading on Thursday, hitting $159.98. The stock had a trading volume of 2,385,856 shares, compared to its average volume of 540,025. The stock’s 50 day moving average is $194.24 and its 200 day moving average is $230.76. The firm has a market cap of $6.26 billion, a PE ratio of 9.03, a price-to-earnings-growth ratio of 1.77 and a beta of 0.57. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.79 and a quick ratio of 0.73. Huntington Ingalls Industries has a 1 year low of $158.88 and a 1 year high of $299.50.

Huntington Ingalls Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Friday, February 28th will be paid a dividend of $1.35 per share. This represents a $5.40 annualized dividend and a yield of 3.38%. The ex-dividend date of this dividend is Friday, February 28th. Huntington Ingalls Industries’s payout ratio is 30.49%.

Insider Buying and Selling

In other news, VP D R. Wyatt sold 400 shares of the business’s stock in a transaction on 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 sale, the vice president now directly owns 19,627 shares of the company’s stock, valued at approximately $4,028,245.48. The trade was a 2.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.72% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several research firms recently commented on HII. Barclays reduced their price objective on Huntington Ingalls Industries from $290.00 to $220.00 and set an “equal weight” rating for the company in a report on Monday, November 4th. The Goldman Sachs Group cut their price target on Huntington Ingalls Industries from $226.00 to $194.00 and set a “sell” rating for the company in a research note on Friday, November 1st. StockNews.com downgraded shares of Huntington Ingalls Industries from a “buy” rating to a “hold” rating in a report on Friday, November 1st. Deutsche Bank Aktiengesellschaft reduced their target price on shares of Huntington Ingalls Industries from $273.00 to $191.00 and set a “hold” rating for the company in a report on Friday, November 1st. Finally, Bank of America cut their price objective on shares of Huntington Ingalls Industries from $250.00 to $195.00 and set an “underperform” rating for the company in a research report on Wednesday, November 13th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $228.89.

Huntington Ingalls Industries Company Profile

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.