Analysts Reach Consensus on Huntington Ingalls Industries Stock Target Price
November 9, 2023
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On Friday, analysts reached a consensus on the target price for Huntington Ingalls Industries ($NYSE:HII) Inc. (HII) stock. HII is an American shipbuilding company based in Newport News, Virginia that is the largest military shipbuilder in the United States and a major employer in Hampton Roads, Virginia. The company specializes in building nuclear and non-nuclear ships for the United States Navy and Coast Guard, as well as government and commercial customers. HII also provides ship repairs and sustainment services for military and commercial customers worldwide, as well as conducts research and development activities to support its core businesses.
In addition to its core business of military shipbuilding, HII also provides engineering services across a variety of industries, including energy, oil and gas, aerospace, and defense. Since then, HII has been a publicly traded company on the New York Stock Exchange (NYSE). The consensus target price gives investors an indication of what the stock might be worth over the long term and is a useful tool for investors who are looking to invest in the company.
Share Price
On Monday, the stock opened at $234.0 and closed at $234.6, closing at a slight increase of 0.3% from its prior closing price of 234.0. This minor shift in price indicates a stable consensus about HII stock. Analysts anticipate that the stock will remain in its current range or even increase in value over time. The consensus of analysts allows investors to make more informed trading decisions, as it provides a reliable indication of the stock’s potential performance. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for HII. More…
| Total Revenues | Net Income | Net Margin |
| 11.09k | 530 | 4.6% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for HII. More…
| Operations | Investing | Financing |
| 1.01k | -201 | -816 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for HII. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 10.62k | 6.89k | 93.63 |
Key Ratios Snapshot
Some of the financial key ratios for HII are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 7.1% | -7.1% | 7.0% |
| FCF Margin | ROE | ROA |
| 6.7% | 13.1% | 4.5% |
Analysis
GoodWhale has analyzed HUNTINGTON INGALLS INDUSTRIES’s fundamentals and concluded that it is classified as a ‘cow’, meaning it has a track record of paying out consistent and sustainable dividends. Given this, we believe that investors who are looking for a steady income source, such as retirees, may be interested in investing in HUNTINGTON INGALLS INDUSTRIES. Moreover, HUNTINGTON INGALLS INDUSTRIES has a high health score of 8/10, indicating that it is capable of riding out any crisis without the risk of bankruptcy. Its strengths lie in dividend, while it is only medium in profitability and weak in asset and growth. All these factors combined make HUNTINGTON INGALLS INDUSTRIES a viable investment opportunity for those looking for a steady income source. More…
Peers
The competition between Huntington Ingalls Industries Inc and its competitors is fierce. Each company is trying to gain market share and increase profits. The competition is good for consumers because it keeps prices down and forces companies to innovate.
– Textron Inc ($NYSE:TXT)
Textron Inc is a publicly traded company with a market cap of 12.89B as of 2022. The company has a return on equity of 9.94%. Textron Inc is a diversified industrial company that operates in a variety of businesses, including aircraft, defense, industrial and commercial products. The company’s products include Bell helicopters, Cessna aircraft, and E-Z-Go golf carts.
– Penguin International Ltd ($SGX:BTM)
Penguin International Ltd is a Singapore-based company that is engaged in the design, manufacture, and marketing of a range of inflatable products, including inflatable boats, marine products, and industrial products. The company has a market capitalization of 160.72 million as of 2022 and a return on equity of 7.36%. Penguin International Ltd is a leading provider of inflatable products and solutions with a strong focus on quality, innovation, and customer service. The company has a wide range of products that are suitable for a variety of applications, including recreation, fishing, diving, rescue, and industrial.
– Airbus SE ($OTCPK:EADSF)
Airbus SE is a leading aircraft manufacturer with a market cap of 78.35B as of 2022. The company has a strong Return on Equity of 34.09%. Airbus SE is known for its innovative aircraft designs and manufacturing capabilities. The company has delivered over 11,000 aircraft to over 500 operators worldwide.
Summary
Investment analysis for Huntington Ingalls Industries Inc generally focuses on the company’s financials, its competitive environment, and the industry it operates in. Fundamental analysis looks at the company’s balance sheet, income statement, and cash flow to determine the health of the business and its future prospects. Analysts also assess the competitive landscape, including competitors, pricing dynamics, and industry trends.
Additionally, analysts monitor developments in the macroeconomic environment that could affect HUNTINGTON INGALLS INDUSTRIES’ performance, such as changes in interest rates and foreign exchange rates. Finally, analysts attempt to estimate the company’s future stock price by researching industry analysts’ opinions and target prices.
