News coverage about Huntington Ingalls Industries (NYSE:HII) has been trending somewhat positive on Wednesday, according to Accern. The research firm rates the sentiment of media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Huntington Ingalls Industries earned a coverage optimism score of 0.19 on Accern’s scale. Accern also assigned media headlines about the aerospace company an impact score of 45.7979421117981 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the news stories that may have effected Accern Sentiment’s rankings:
- Clue to Identify In Play Stocks (Relative Volume) – Huntington Ingalls Industries Inc (NYSE: HII) – Alpha Beta Stock (alphabetastock.com)
- General Dynamics Wins $696M Deal for Nuclear Submarines (finance.yahoo.com)
- William R. Ermatinger Sells 1,689 Shares of Huntington Ingalls Industries Inc (HII) Stock (americanbankingnews.com)
- $1.75 Billion in Sales Expected for Huntington Ingalls Industries Inc (HII) This Quarter (americanbankingnews.com)
A number of research analysts have issued reports on HII shares. Zacks Investment Research raised Huntington Ingalls Industries from a “hold” rating to a “buy” rating and set a $266.00 price target for the company in a report on Thursday, January 11th. ValuEngine raised Huntington Ingalls Industries from a “hold” rating to a “buy” rating in a report on Sunday, December 31st. Bank of America set a $335.00 price target on Huntington Ingalls Industries and gave the company a “buy” rating in a report on Friday, February 16th. Cowen raised Huntington Ingalls Industries from a “market perform” rating to an “outperform” rating in a report on Friday, February 2nd. Finally, Credit Suisse Group upgraded Huntington Ingalls Industries from a “neutral” rating to an “outperform” rating and set a $241.00 price objective for the company in a research report on Friday, February 16th. One research analyst has rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $261.38.
Huntington Ingalls Industries (NYSE:HII) last issued its quarterly earnings results on Thursday, February 15th. The aerospace company reported $3.11 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $2.93 by $0.18. Huntington Ingalls Industries had a return on equity of 31.01% and a net margin of 6.44%. The firm had revenue of $2 billion during the quarter, compared to analysts’ expectations of $1.94 billion. During the same period in the previous year, the business earned $4.20 earnings per share. The firm’s revenue for the quarter was up 3.9% on a year-over-year basis. equities analysts forecast that Huntington Ingalls Industries will post 17.38 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Friday, March 9th. Shareholders of record on Friday, February 23rd were issued a $0.72 dividend. This represents a $2.88 annualized dividend and a yield of 1.13%. The ex-dividend date of this dividend was Thursday, February 22nd. Huntington Ingalls Industries’s payout ratio is currently 24.64%.
In other Huntington Ingalls Industries news, Director Philip M. Bilden purchased 1,800 shares of the firm’s stock in a transaction dated Monday, February 26th. The shares were acquired at an average price of $266.18 per share, with a total value of $479,124.00. Following the purchase, the director now directly owns 142 shares in the company, valued at approximately $37,797.56. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Philip M. Bilden purchased 4,000 shares of the firm’s stock in a transaction dated Thursday, February 22nd. The stock was acquired at an average cost of $265.14 per share, for a total transaction of $1,060,560.00. Following the purchase, the director now owns 142 shares in the company, valued at $37,649.88. The disclosure for this purchase can be found here. Over the last 90 days, insiders acquired 6,800 shares of company stock valued at $1,794,184 and sold 12,979 shares valued at $3,381,250. 2.22% of the stock is owned by corporate insiders.
ILLEGAL ACTIVITY WARNING: This story was originally reported by BBNS and is owned by of BBNS. If you are accessing this story on another site, it was illegally stolen and republished in violation of U.S. & international copyright and trademark legislation. The original version of this story can be read at https://baseballnewssource.com/2018/03/14/huntington-ingalls-industries-hii-receiving-somewhat-positive-media-coverage-report-finds/1974569.html.
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.
Receive News & Ratings for Huntington Ingalls Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Huntington Ingalls Industries and related companies with MarketBeat.com's FREE daily email newsletter.