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Huntington Ingalls Industries (NYSE:HII) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a note issued to investors on Tuesday, Analyst Ratings Network.com reports. They currently have a $109.30 price target on the stock. Zacks‘s price objective indicates a potential upside of 5.53% from the stock’s previous close.

Several other analysts have also recently commented on the stock. Analysts at Citigroup Inc. raised their price target on shares of Huntington Ingalls Industries from $121.00 to $141.00 in a research note on Wednesday, April 9th. They now have a “buy” rating on the stock. Separately, analysts at Deutsche Bank raised their price target on shares of Huntington Ingalls Industries from $112.00 to $115.00 in a research note on Monday, April 7th. Finally, analysts at Barclays cut their price target on shares of Huntington Ingalls Industries from $110.00 to $106.00 in a research note on Monday, March 17th. They now have an “underweight” rating on the stock. One analyst has rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $110.26.

Huntington Ingalls Industries (NYSE:HII) traded down 1.19% during mid-day trading on Tuesday, hitting $102.34. 249,712 shares of the company’s stock traded hands. Huntington Ingalls Industries has a 1-year low of $52.41 and a 1-year high of $106.59. The stock’s 50-day moving average is $101.4 and its 200-day moving average is $91.18. The company has a market cap of $4.986 billion and a P/E ratio of 19.99.

Huntington Ingalls Industries (NYSE:HII) last released its earnings data on Thursday, February 27th. The company reported $1.66 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.19 by $0.47. The company had revenue of $1.94 billion for the quarter, compared to the consensus estimate of $1.75 billion. During the same quarter in the prior year, the company posted $0.98 earnings per share. The company’s quarterly revenue was up 6.3% on a year-over-year basis. Analysts expect that Huntington Ingalls Industries will post $7.08 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Friday, June 13th. Investors of record on Friday, May 30th will be paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 0.77%. The ex-dividend date is Wednesday, May 28th.

Huntington Ingalls Industries, Inc (NYSE:HII) owns and operates two segments: Ingalls Shipbuilding and Newport News Shipbuilding.

To view Zacks’ full report, visit Zacks’ official website.

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