Huntington Ingalls Industries, Inc.’s Stock Price Soars to $353.52, Marking a Robust 5.01% Uptick

Huntington Ingalls Industries, Inc. (HII)

353.52 USD +16.88 (+5.01%) Volume: 0.85M

Huntington Ingalls Industries, Inc.’s stock price is currently performing strongly at 353.52 USD, marking a significant trading session increase of +5.01%. With a robust trading volume of 0.85M and an impressive YTD percentage change of +87.23%, HII’s stock continues to demonstrate substantial growth potential in the market.

Latest developments on Huntington Ingalls Industries, Inc.

Huntington Ingalls Industries (HII) stock price is surging to a new high after the company secured a contract to produce a new type of Navy frigate. This recent win, along with other notable achievements such as the development of a new Navy combatant, submarine milestone, and autonomy wins, could potentially be a game changer for HII. Anticipation is building ahead of the President’s defense announcement, further boosting investor confidence in the company. With projects like building small surface Navy ships and the Navy’s announcement of a new warship for Trump’s ‘Golden Fleet’, Huntington Ingalls Industries is poised for continued success in the defense industry.

Huntington Ingalls Industries, Inc. on Smartkarma

Analysts at Baptista Research have been closely monitoring Huntington Ingalls Industries (HII) on Smartkarma, highlighting the company’s impressive financial performance in their research reports. In one report titled “Huntington Ingalls (HII) Ignites a Shipbuilding Surge—Is This Massive Throughput Jump a Game-Changer for Defense?”, the analysts noted a record quarterly revenue of $3.2 billion, driven by a significant increase in shipbuilding sales and Mission Technologies segment. Another report titled “Huntington Ingalls Industries: Impact of Federal Budgets” discussed HII’s strong second-quarter results, with sales reaching $3.1 billion and a growing backlog of $56.9 billion due to new contract wins in major shipbuilding projects.

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 seems to have a positive long-term outlook. With high scores in Value and Dividend, the company appears to be financially stable and investor-friendly. Additionally, its strong Momentum score indicates that the company is performing well in the market currently. However, the Growth and Resilience scores are slightly lower, suggesting potential areas for improvement in the future.

Huntington Ingalls Industries, Inc. is a company that specializes in designing, building, and maintaining ships for the United States Navy and Coast Guard. With two main business divisions, Newport News Shipbuilding and Ingalls Shipbuilding, the company also offers after-market services for military ships globally. Overall, the company’s Smartkarma Smart Scores paint a picture of a company that is solid in value and dividends, with room for growth and increased resilience in the future.

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