From MarketBeat:

Shares of Huntington Ingalls Industries, Inc. (NYSE:HII) have an average “Hold” rating among analysts, with a 12-month price objective of $242.00. The stock earned a strong buy rating from StockNews.com, and other analysts weighed in, with price target increases and rating upgrades. Insider VP Jennifer R. Boykin sold shares in November. Institutional investors have also bought and sold shares recently.

Huntington Ingalls Industries saw shares drop by 1.5% to open at $252.46 on Friday. The company has a strong financial position, with a 12-month low of $188.51 and a high of $261.42. The company’s market capitalization is $10.03 billion. Huntington Ingalls Industries recently posted strong earnings results, beating consensus estimates.

Huntington Ingalls Industries recently increased their quarterly dividend, now representing a positive change from their previous dividend. The company’s dividend yield stands at 2.06%. Huntington Ingalls Industries specializes in designing, building, and overhauling military ships in the United States, operating in three segments: Ingalls, Newport News, and Mission Technologies.

While Huntington Ingalls Industries currently has a “Hold” rating among analysts, top-rated analysts have identified other stocks as better buys. MarketBeat’s analysts have released their top five short plays for January 2024.



Read more: Huntington Ingalls Industries, Inc. (NYSE:HII) Receives Consensus Rating of “Hold” from Brokerages