Huntington Ingalls Industries, Inc.’s Stock Price Soars to $187.54, Marking a Robust 2.31% Increase

Huntington Ingalls Industries, Inc. (HII)

187.54 USD +4.23 (+2.31%) Volume: 0.82M

Huntington Ingalls Industries, Inc.’s stock price is currently performing at 187.54 USD, showing a positive trading session with a percentage increase of +2.31%. Despite a slight decrease in performance YTD at -0.76%, the company maintains a strong trading volume at 0.82M, affirming its steady position in the market.

Latest developments on Huntington Ingalls Industries, Inc.

Huntington Ingalls Industries has been making headlines recently with key partnerships and collaborations that are impacting its stock price today. The company signed a Memorandum of Understanding with HD Hyundai Heavy Industries to explore joint shipbuilding opportunities and transform the industry through automation and AI. This collaboration aims to boost US naval shipbuilding and ramp up production in the U.S. market. Additionally, Huntington Ingalls delivered the first two Lionfish SUUVs to the U.S. Navy under a multi-year program, further solidifying its position in the defense shipbuilding sector. With strategic alliances with top U.S. and South Korean shipbuilders, Huntington Ingalls Industries is set to see significant growth in the near future.

Huntington Ingalls Industries, Inc. on Smartkarma

Analysts on Smartkarma, such as Baptista Research, have been closely following Huntington Ingalls Industries. In their research reports, they highlighted the company’s recent earnings results and workforce optimization efforts. Despite a decrease in revenues for the quarter, analysts remain bullish on the company’s prospects for reinventing shipbuilding. Baptista Research also provided insights into HII’s capital allocation, financial health, and major growth drivers, pointing out operational challenges and future expectations. With a mixed picture of performance, analysts are keeping a close eye on Huntington Ingalls Industries.

A look at Huntington Ingalls Industries, Inc. Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Huntington Ingalls Industries shows a strong long-term outlook. With high scores in Dividend and Momentum, the company demonstrates stability and positive growth potential. Additionally, a solid score in Value indicates that the company is currently trading at an attractive price. However, the lower score in Resilience suggests that there may be some vulnerabilities to consider in the future. Overall, Huntington Ingalls Industries appears to be a promising investment option with a focus on consistent dividends and growth.

Huntington Ingalls Industries, Inc. (HII) is a company that specializes in designing, building, and maintaining ships for the United States Navy and Coast Guard. With two primary business divisions, Newport News Shipbuilding and Ingalls Shipbuilding, HII offers a range of services for military ships globally. The company’s high scores in Dividend and Momentum reflect its strong performance in providing after-market services and its potential for continued growth in the industry.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
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