From Financial Modeling Prep: 2024-10-30 09:00:04

Huntington Ingalls Industries (HII), a leading shipbuilding company, is set to release its quarterly earnings with Wall Street projecting an EPS of $3.84 and revenue of $2.87 billion. The company’s strong performance is expected, particularly in its shipbuilding division, driving improved margins. Competitors include General Dynamics and Lockheed Martin.

Additionally, HII has increased its quarterly cash dividend to $1.35 per share from $1.30, to be distributed on December 13, 2024. The move reflects the company’s confidence in its financial stability and commitment to shareholders. Financial metrics show HII’s market position, with a P/E ratio of 13.4 and a price-to-sales ratio of 0.85.

The enterprise value to sales ratio is 1.09, and the enterprise value to operating cash flow ratio is 18.69. HII has an earnings yield of 7.46% and a debt-to-equity ratio of 0.64. The current ratio is 0.82, indicating the company’s ability to cover short-term liabilities. These metrics provide insights into HII’s financial health and valuation in the market.



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