Latest news with #HuntingtonIngalls
Yahoo
2 days ago
- Business
- Yahoo
Why Huntington Ingalls (HII) is a Top Stock for the Long-Term
If you're a beginner investor, the idea of creating a portfolio from the ground up can feel like an impossible goal to achieve. That's why you should start by looking at stocks that are set to beat the market over the next 12 months, a strategy that's been proven to generate strong returns. Now, let's break down why adding this one exceptional stock, highlighted below, to your portfolio could be a recipe for success. Based in Newport News, VA, Huntington Ingalls Industries designs, builds and maintains nuclear-powered ships such as aircraft carriers and submarines, and non-nuclear ships, such as surface combatants, expeditionary warfare/amphibious assault and coastal defense surface ships for the U.S. Navy and Coast Guard and provides after-market services for military ships around the globe. On May 9, 2016, HII was added to the Zacks Focus List at $155.20 per share. Shares have increased 50.82% to $234.08 since then. Nine analysts revised their earnings estimate higher in the last 60 days for fiscal 2025, while the Zacks Consensus Estimate has increased $0.46 to $14.31. HII also boasts an average earnings surprise of 4.2%. Additionally, Huntington Ingalls' earnings are expected to grow 2.5% for the current fiscal year. It can be very profitable to buy stocks with rising earnings estimates, as stock prices respond to revisions. By adding a Focus List stock like HII, there's a great chance you'll be getting into a company whose future earnings estimates will be raised, which can lead to price momentum. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Huntington Ingalls Industries, Inc. (HII) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Business Insider
3 days ago
- Business
- Business Insider
TD Cowen Keeps Their Hold Rating on Huntington Ingalls (HII)
In a report released today, Gautam Khanna from TD Cowen maintained a Hold rating on Huntington Ingalls (HII – Research Report), with a price target of $250.00. The company's shares closed yesterday at $234.08. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Khanna is a top 25 analyst with an average return of 17.0% and a 73.09% success rate. Khanna covers the Industrials sector, focusing on stocks such as Boeing, Booz Allen, and Carpenter Technology. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Huntington Ingalls with a $241.83 average price target. The company has a one-year high of $285.81 and a one-year low of $158.88. Currently, Huntington Ingalls has an average volume of 612.8K. Based on the recent corporate insider activity of 147 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of HII in relation to earlier this year. Earlier this month, Chad N. Boudreaux, the Ex VP & CLO of HII sold 1,965.00 shares for a total of $449,867.10.
The Star
11-06-2025
- Business
- The Star
Pentagon chief vows to honor US-Australia sub deal
WASHINGTON: Defence Secretary Pete Hegseth (pic) sought Tuesday (June 10) to reassure lawmakers over the US pledge to supply Australia with a fleet of nuclear-powered submarines, amid growing concern that production is not rolling out quickly enough to meet the commitment. Under the AUKUS deal signed to great fanfare in 2021, Washington, London and Canberra are cooperating on the joint development of cyber warfare tools, artificial intelligence and hypersonic missiles. The agreement commits the United States to building cutting-edge submarines for Australia, an investment with an estimated cost of up to US$235 billion over 30 years. Australia plans to acquire at least three Virginia Class submarines from the United States within the next 15 years, eventually manufacturing its own nuclear-powered subs. The US navy has 24 Virginia-class vessels, which can carry cruise missiles, but American shipyards are struggling to meet production targets set at two new boats each year. Critics question why the United States would sell nuclear-powered submarines to Australia without stocking its own military first. Questioned by members of the US House of Representatives, Hegseth said his team was talking "every day" to US shipbuilders Electric Boat and Huntington Ingalls to ensure that "their needs not only are being met, but their shortfalls are being addressed." The former Fox News host, one of President Donald Trump's most divisive cabinet appointments, acknowledged a "gap" between current supply and future demand, but added that submarine building is "crucial" to US security. He blamed Trump's Democratic predecessor Joe Biden for having "neglected" the industrial base for submarine construction. While the stealthy Virginia class is an attack and intelligence gathering submarine designed for a wide range of missions, the Columbia class is a ballistic missile carrier built for nuclear deterrence that will be the largest submarine ever built by the United States. Democrat Rosa DeLauro - whose home state of Connecticut builds Navy submarines - berated Hegseth over the Pentagon's decision to move US$3.1 billion earmarked in 2026 for Columbia-class construction to 2027 and 2028. "Is that going to raise alarm bells across the defence industrial base by signaling a lack of commitment to the programme?" she asked. Hegseth committed to the "on-time" delivery of the vessels. - AFP
The Sun
11-06-2025
- Business
- The Sun
Pentagon chief vows to honor US-Australia sub deal
WASHINGTON: Defense Secretary Pete Hegseth sought Tuesday to reassure lawmakers over the US pledge to supply Australia with a fleet of nuclear-powered submarines, amid growing concern that production is not rolling out quickly enough to meet the commitment. Under the AUKUS deal signed to great fanfare in 2021, Washington, London and Canberra are cooperating on the joint development of cyber warfare tools, artificial intelligence and hypersonic missiles. The agreement commits the United States to building cutting-edge submarines for Australia, an investment with an estimated cost of up to $235 billion over 30 years. Australia plans to acquire at least three Virginia Class submarines from the United States within the next 15 years, eventually manufacturing its own nuclear-powered subs. The US navy has 24 Virginia-class vessels, which can carry cruise missiles, but American shipyards are struggling to meet production targets set at two new boats each year. Critics question why the United States would sell nuclear-powered submarines to Australia without stocking its own military first. Questioned by members of the US House of Representatives, Hegseth said his team was talking 'every day' to US shipbuilders Electric Boat and Huntington Ingalls to ensure that 'their needs not only are being met, but their shortfalls are being addressed.' The former Fox News host, one of President Donald Trump's most divisive cabinet appointments, acknowledged a 'gap' between current supply and future demand, but added that submarine building is 'crucial' to US security. He blamed Trump's Democratic predecessor Joe Biden for having 'neglected' the industrial base for submarine construction. While the stealthy Virginia class is an attack and intelligence gathering submarine designed for a wide range of missions, the Columbia class is a ballistic missile carrier built for nuclear deterrence that will be the largest submarine ever built by the United States. Democrat Rosa DeLauro -- whose home state of Connecticut builds Navy submarines -- berated Hegseth over the Pentagon's decision to move $3.1 billion earmarked in 2026 for Columbia-class construction to 2027 and 2028. 'Is that going to raise alarm bells across the defense industrial base by signaling a lack of commitment to the program?' she asked. Hegseth committed to the 'on-time' delivery of the vessels.
Yahoo
10-06-2025
- Business
- Yahoo
Pentagon chief vows to honor US-Australia sub deal
Defense Secretary Pete Hegseth sought Tuesday to reassure lawmakers over the US pledge to supply Australia with a fleet of nuclear-powered submarines, amid growing concern that production is not rolling out quickly enough to meet the commitment. Under the AUKUS deal signed to great fanfare in 2021, Washington, London and Canberra are cooperating on the joint development of cyber warfare tools, artificial intelligence and hypersonic missiles. The agreement commits the United States to building cutting-edge submarines for Australia, an investment with an estimated cost of up to $235 billion over 30 years. Australia plans to acquire at least three Virginia Class submarines from the United States within the next 15 years, eventually manufacturing its own nuclear-powered subs. The US navy has 24 Virginia-class vessels, which can carry cruise missiles, but American shipyards are struggling to meet production targets set at two new boats each year. Critics question why the United States would sell nuclear-powered submarines to Australia without stocking its own military first. Questioned by members of the US House of Representatives, Hegseth said his team was talking "every day" to US shipbuilders Electric Boat and Huntington Ingalls to ensure that "their needs not only are being met, but their shortfalls are being addressed." The former Fox News host, one of President Donald Trump's most divisive cabinet appointments, acknowledged a "gap" between current supply and future demand, but added that submarine building is "crucial" to US security. He blamed Trump's Democratic predecessor Joe Biden for having "neglected" the industrial base for submarine construction. While the stealthy Virginia class is an attack and intelligence gathering submarine designed for a wide range of missions, the Columbia class is a ballistic missile carrier built for nuclear deterrence that will be the largest submarine ever built by the United States. Democrat Rosa DeLauro -- whose home state of Connecticut builds Navy submarines -- berated Hegseth over the Pentagon's decision to move $3.1 billion earmarked in 2026 for Columbia-class construction to 2027 and 2028. "Is that going to raise alarm bells across the defense industrial base by signaling a lack of commitment to the program?" she asked. Hegseth committed to the "on-time" delivery of the vessels. ft/bgs
