Huntington Ingalls (HII) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.
Finding strong, market-beating stocks with a positive earnings outlook becomes easier with the Focus List, a top feature of the Zacks Premium portfolio service.
Huntington Ingalls lands a $97.7 million deal to support the refueling and complex overhaul of the USS Harry S. Truman, reinforcing its aircraft carrier dominance.
HII strengthens its role as a top U.S. naval contractor with the delivery of Flight III destroyer Ted Stevens, marking another milestone for Ingalls Shipbuilding.
Huntington Ingalls Industries, Inc. has delivered a nearly 95% total return in the past year, outpacing the S&P 500 by a wide margin. HII's latest earnings showcased double-digit revenue growth across all segments, with notable margin expansion at Ingalls and Newport News. Despite recent price appreciation, HII trades at a slight discount to fair value, with a long-term expected return over 16%.
Huntington Ingalls Industries (HII) shares sailed to new highs this week.
Huntington Ingalls Industries, Inc. stands to benefit from renewed U.S. naval investment, especially amid rising tensions with China and proposed "Trump-class" battleships. Upgrading the aging U.S. Navy is a bipartisan priority, with HII positioned as the nation's leading defense shipbuilder and likely recipient of major contracts. HII stock's valuation is not cheap (24.39x PE TTM), but its 1.16x P/S ratio and recent 16.1% Q3 revenue growth offer relative attractiveness.
Shipbuilding stock Huntington Ingalls Industries Inc (NYSE:HII) hit a fresh record high of $360.20 straight out of the gate, but was last seen trading near breakeven at $353.77.
Stock futures are little changed Tuesday morning after three consecutive sessions of solid gains for major indexes; gold and silver are sustaining their rally, with prices of the precious metals hitting record highs for the second day in a row; a handful of economic indicators are due today, including reports on economic growth and consumer confidence; Novo Nordisk stock is surging after the FDA approved a pill version of its popular weight loss drug Wegovy; and shipmaker Huntington Ingalls Industries stock is surging following news that the Trump administration wants to build new battleships. Here's what you need to know today.
Huntington Ingalls (HII) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Focus List.
Huntington Ingalls expands its partnership with Babcock to boost Virginia-class submarine production and strengthen supply-chain resilience across U.S. and U.K. operations.