Huntington Ingalls Industries (NYSE:HII) is scheduled to issue its quarterly earnings data before the market opens on Wednesday, February 14th. Analysts expect the company to announce earnings of $2.93 per share for the quarter.

Huntington Ingalls Industries (NYSE:HII) last posted its earnings results on Wednesday, November 8th. The aerospace company reported $3.27 EPS for the quarter, beating the consensus estimate of $2.78 by $0.49. Huntington Ingalls Industries had a return on equity of 33.37% and a net margin of 8.31%. The company had revenue of $1.86 billion for the quarter, compared to the consensus estimate of $1.80 billion. During the same quarter in the prior year, the business earned $2.27 earnings per share. The firm’s revenue for the quarter was up 10.7% on a year-over-year basis. On average, analysts expect Huntington Ingalls Industries to post $12 EPS for the current fiscal year and $13 EPS for the next fiscal year.

Huntington Ingalls Industries (HII) opened at $227.67 on Wednesday. Huntington Ingalls Industries has a 12-month low of $183.42 and a 12-month high of $253.44. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.52 and a quick ratio of 1.38. The company has a market capitalization of $11,033.34, a P/E ratio of 17.20, a PEG ratio of 1.26 and a beta of 1.15.

Huntington Ingalls Industries declared that its board has approved a stock repurchase plan on Tuesday, November 7th that permits the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization permits the aerospace company to buy shares of its stock through open market purchases. Shares repurchase plans are usually a sign that the company’s management believes its shares are undervalued.

Several research firms have recently commented on HII. Credit Suisse Group reaffirmed a “neutral” rating and issued a $241.00 target price (up previously from $211.00) on shares of Huntington Ingalls Industries in a research report on Thursday, November 9th. Zacks Investment Research raised Huntington Ingalls Industries from a “hold” rating to a “buy” rating and set a $282.00 target price on the stock in a research report on Friday, November 10th. Cowen raised Huntington Ingalls Industries from a “market perform” rating to an “outperform” rating in a research report on Friday, February 2nd. Finally, ValuEngine raised Huntington Ingalls Industries from a “hold” rating to a “buy” rating in a research report on Sunday, December 31st. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $227.43.

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

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About Huntington Ingalls Industries

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.

Earnings History for Huntington Ingalls Industries (NYSE:HII)

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