Alert: New Earnings Report (8/1/24)-Huntington Ingalls Industries In (NYSE: HII).

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Huntington Ingalls Industries In (NYSE: HII) has reported E.P.S. of $4.38 for its second fiscal quarter (ending June 30) versus $3.27 for the same period a year ago. For the latest four quarters through June 30, E.P.S. were $18.85 versus $13.00 for the same period a year ago.

Recent Price Action

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On 8/1/24, Huntington Ingalls Industries In (NYSE: HII) stock declined by -4.6%, closing at $267.00. Moreover, this decline was accompanied by exceptionally high trading volume at 220% of normal. The stock has performed in line with the market over the last nine months and has risen 0.6% during the last week.

Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, HII is expected to continue to be an important Value Builder.

Huntington Ingalls Industries In has a current Value Trend Rating of C (Low Neutral). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Huntington Ingalls Industries In has a neutral Power Rating of 48 and a neutral Appreciation Score of 46, with the Low Neutral Value Trend Rating the result.

Rating Review

In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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