
Huntington Ingalls Industries (NYSE:HII) Price Target Cut to $200.00 by Analysts at Barclays

Barclays has reduced its price target for Huntington Ingalls Industries (NYSE:HII) from $220.00 to $200.00, maintaining an "equal weight" rating. Other analysts have also lowered their targets, with Bank of America setting it at $195.00 and Goldman Sachs at $194.00. Currently, the stock has an average rating of "Hold" and an average price target of $221.22. HII's stock opened at $168.30, with a market cap of $6.59 billion and a dividend yield of 3.21%.
Huntington Ingalls Industries (NYSE:HII - Free Report) had its target price decreased by Barclays from $220.00 to $200.00 in a research note published on Monday,Benzinga reports. Barclays currently has an equal weight rating on the aerospace company's stock.
- Defense Contractor Stocks Explained, Plus Investment Guide
HII has been the topic of a number of other reports. Bank of America dropped their price target on Huntington Ingalls Industries from $250.00 to $195.00 and set an "underperform" rating on the stock in a research report on Wednesday, November 13th. The Goldman Sachs Group dropped their target price on Huntington Ingalls Industries from $226.00 to $194.00 and set a "sell" rating on the stock in a research report 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. TD Cowen cut shares of Huntington Ingalls Industries from a "buy" rating to a "hold" rating and set a $180.00 price objective on the stock. in a report on Friday, November 1st. Finally, Deutsche Bank Aktiengesellschaft cut their price objective on shares of Huntington Ingalls Industries from $273.00 to $191.00 and set a "hold" rating on the stock in a research report on Friday, November 1st. Two 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 company's stock. According to data from MarketBeat.com, Huntington Ingalls Industries has an average rating of "Hold" and an average price target of $221.22.
View Our Latest Research Report on HII
Huntington Ingalls Industries Stock Down 0.1 %
- 3 Fundamentally Sound Mid-Caps to Keep on the Watch List
HII stock opened at $168.30 on Monday. The firm has a market cap of $6.59 billion, a price-to-earnings ratio of 12.06, a PEG ratio of 1.43 and a beta of 0.57. Huntington Ingalls Industries has a 1-year low of $158.88 and a 1-year high of $299.50. The firm has a fifty day moving average price of $192.33 and a two-hundred day moving average price of $228.33. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.08 and a quick ratio of 0.73.
Huntington Ingalls Industries (NYSE:HII - Get Free Report) last announced its quarterly earnings data on Thursday, February 6th. The aerospace company reported $3.15 earnings per share for the quarter, missing analysts' consensus estimates of $3.28 by ($0.13). Huntington Ingalls Industries had a net margin of 4.77% and a return on equity of 12.81%. Research analysts predict that Huntington Ingalls Industries will post 15.14 EPS for the current year.
Huntington Ingalls Industries Dividend Announcement
- 3 Stocks to Buy if Russia Invades Ukraine
The business also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be given a $1.35 dividend. The ex-dividend date is Friday, February 28th. This represents a $5.40 dividend on an annualized basis and a yield of 3.21%. Huntington Ingalls Industries's dividend payout ratio is presently 38.68%.
Hedge Funds Weigh In On Huntington Ingalls Industries
Several large investors have recently bought and sold shares of the stock. Kathleen S. Wright Associates Inc. bought a new position in shares of Huntington Ingalls Industries in the third quarter valued at approximately $29,000. Northwest Investment Counselors LLC bought a new stake in Huntington Ingalls Industries during the third quarter worth approximately $40,000. Truvestments Capital LLC acquired a new stake in Huntington Ingalls Industries in the third quarter worth approximately $42,000. EverSource Wealth Advisors LLC boosted its stake in Huntington Ingalls Industries by 503.8% during the 4th quarter. EverSource Wealth Advisors LLC now owns 157 shares of the aerospace company's stock valued at $30,000 after purchasing an additional 131 shares in the last quarter. Finally, True Wealth Design LLC acquired a new position in shares of Huntington Ingalls Industries during the 3rd quarter valued at $60,000. Institutional investors and hedge funds own 90.46% of the company's stock.
About Huntington Ingalls Industries
(Get Free Report)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.
Further Reading
- Five stocks we like better than Huntington Ingalls Industries
- The Basics of Support and Resistance
- Merck: 4 No-Brainer Reasons to Buy This Dip
- How to Calculate Retirement Income: MarketBeat’s Calculator
- Ackman Announces Major Stake in Uber: Should You Follow His Lead?
- What Does a Gap Up Mean in Stocks? How to Play the Gap
- Wells Fargo Upgraded These 3 Stocks—Here’s Why They Stand Out
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Where Should You Invest $1,000 Right Now?
Before you make your next trade, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis.
Our team has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and none of the big name stocks were on the list.
They believe these five stocks are the five best companies for investors to buy now...
See The Five Stocks Here
Should You Invest $1,000 in Huntington Ingalls Industries Right Now?
Before you consider Huntington Ingalls Industries, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Huntington Ingalls Industries wasn't on the list.
While Huntington Ingalls Industries currently has a "Reduce" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
