Headlines about Huntington Ingalls Industries (NYSE:HII) have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern ranks the sentiment of media coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Huntington Ingalls Industries earned a news sentiment score of 0.12 on Accern’s scale. Accern also gave media coverage about the aerospace company an impact score of 46.2382480434341 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

Here are some of the news headlines that may have impacted Accern’s rankings:

Shares of Huntington Ingalls Industries (HII) traded up $2.09 during trading hours on Wednesday, hitting $237.24. 427,343 shares of the stock traded hands, compared to its average volume of 1,364,545. The firm has a market capitalization of $10,730.00, a P/E ratio of 17.86, a PEG ratio of 1.33 and a beta of 1.18. The company has a quick ratio of 1.38, a current ratio of 1.52 and a debt-to-equity ratio of 0.75. Huntington Ingalls Industries has a 52 week low of $183.42 and a 52 week high of $253.44.

Huntington Ingalls Industries (NYSE:HII) last announced its quarterly earnings results on Wednesday, November 8th. The aerospace company reported $3.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.78 by $0.49. The company had revenue of $1.86 billion during the quarter, compared to the consensus estimate of $1.80 billion. Huntington Ingalls Industries had a net margin of 8.31% and a return on equity of 33.37%. The company’s revenue for the quarter was up 10.7% compared to the same quarter last year. During the same period in the prior year, the business earned $2.27 earnings per share. sell-side analysts expect that Huntington Ingalls Industries will post 12.09 earnings per share for the current fiscal year.

Huntington Ingalls Industries declared that its Board of Directors has initiated a stock repurchase program on Tuesday, November 7th that authorizes the company to buyback $1.00 billion in shares. This buyback authorization authorizes the aerospace company to purchase shares of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s board believes its shares are undervalued.

Several research firms have weighed in on HII. Zacks Investment Research upgraded Huntington Ingalls Industries from a “hold” rating to a “buy” rating and set a $282.00 target price for the company in a research note on Friday, November 10th. Credit Suisse Group restated a “neutral” rating and set a $241.00 target price (up from $211.00) on shares of Huntington Ingalls Industries in a research note on Thursday, November 9th. Citigroup restated a “neutral” rating and set a $233.00 target price (up from $224.00) on shares of Huntington Ingalls Industries in a research note on Monday, October 9th. Cowen restated a “hold” rating and set a $225.00 target price on shares of Huntington Ingalls Industries in a research note on Friday, October 6th. Finally, ValuEngine upgraded Huntington Ingalls Industries from a “hold” rating to a “buy” rating in a research note on Sunday, December 31st. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $220.29.

In related news, Director Philip M. Bilden purchased 2,200 shares of the stock in a transaction dated Friday, November 24th. The stock was bought at an average cost of $234.11 per share, for a total transaction of $515,042.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP D R. Wyatt sold 800 shares of the company’s stock in a transaction on Monday, November 13th. The stock was sold at an average price of $240.33, for a total transaction of $192,264.00. Following the transaction, the vice president now owns 19,065 shares of the company’s stock, valued at $4,581,891.45. The disclosure for this sale can be found here. 2.22% of the stock is currently owned by corporate insiders.

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Huntington Ingalls Industries Company Profile

Huntington Ingalls Industries, Inc is a military shipbuilding company and a provider of professional services to partners in government and industry. The Company’s business consists of the design, construction, repair and maintenance of nuclear-powered ships and non-nuclear ships for the United States Navy and coastal defense surface ships for the United States Coast Guard, as well as the refueling and overhaul and inactivation of nuclear-powered ships for the United States Navy.

Insider Buying and Selling by Quarter for Huntington Ingalls Industries (NYSE:HII)

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