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Is Huntington Ingalls Industries Inc (HII) a good stock to buy now?

Huntington Ingalls Industries Inc (NYSE: HII) is -25.67% lower on its value in year-to-date trading and has touched a low of $184.29 and a high of $299.50 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The HII stock was last observed hovering at around $190.41 in the last trading session, with the day’s gains setting it 2.05%.

Currently trading at $192.46, the stock is -0.23% and -8.19% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.14 million and changing 1.08% at the moment leaves the stock -23.25% off its SMA200. HII registered -24.64% loss for a year compared to 6-month loss of -22.67%. The firm has a 50-day simple moving average (SMA 50) of $210.9842 and a 200-day simple moving average (SMA200) of $251.2533.

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The stock witnessed a -3.00% gain in the last 1 month and extending the period to 3 months gives it a -24.91%, and is -0.26% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.70% over the week and 2.58% over the month.

Huntington Ingalls Industries Inc (HII) has around 44000 employees, a market worth around $7.61B and $11.71B in sales. Current P/E ratio is 10.87 and Fwd P/E is 12.61. Profit margin for the company is 5.99%. Distance from 52-week low is 4.43% and -35.74% from its 52-week high. The company has generated returns on investments over the last 12 months (11.44%).

with sales reaching $3.06B over the same period.The EPS is expected to shrink by -17.47% this year, but quarterly earnings will post 1.22% year-over-year. Quarterly sales are estimated to shrink -3.61% in year-over-year returns.

Huntington Ingalls Industries Inc (HII) Top Institutional Holders

902.0 institutions hold shares in Huntington Ingalls Industries Inc (HII), with institutional investors hold 95.67% of the company’s shares. The shares outstanding are 39.13M, and float is at 38.85M with Short Float at 2.39%. Institutions hold 95.07% of the Float.

The top institutional shareholder in the company is VANGUARD GROUP INC with over 5.02 million shares valued at $1.24 billion. The investor’s holdings represent 12.7029% of the HII Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 3.75 million shares valued at $924.34 million to account for 9.4999 of the shares outstanding. The other top investors are FMR LLC which holds 3.33 million shares representing 8.4347% and valued at over $820.7 million, while STATE STREET CORP holds 7.6332 of the shares totaling 3.02 million with a market value of $742.71 million.

Huntington Ingalls Industries Inc (HII) Insider Activity

The most recent transaction is an insider sale by Wyatt D R, the company’s Corp VP & Treasurer. SEC filings show that Wyatt D R sold 400 shares of the company’s common stock on Nov 11 ’24 at a price of $205.24 per share for a total of $82096.0. Following the sale, the insider now owns 19627.0 shares.

Still, SEC filings show that on Nov 05 ’24, Jimenez Frank R (Director) acquired 550 shares at an average price of $188.91 for $0.1 million. The insider now directly holds 550 shares of Huntington Ingalls Industries Inc (HII).

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