News coverage about Huntington Ingalls Industries (NYSE:HII) has trended somewhat positive on Sunday, Accern Sentiment reports. The research firm identifies negative and positive news coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Huntington Ingalls Industries earned a media sentiment score of 0.21 on Accern’s scale. Accern also gave media headlines about the aerospace company an impact score of 46.6579227299579 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

These are some of the media headlines that may have effected Accern Sentiment’s analysis:

Huntington Ingalls Industries (HII) opened at $230.31 on Friday. The company has a current ratio of 1.52, a quick ratio of 1.38 and a debt-to-equity ratio of 0.75. Huntington Ingalls Industries has a twelve month low of $183.42 and a twelve month high of $253.44. The stock has a market capitalization of $10,650.00, a PE ratio of 17.34, a P/E/G ratio of 1.13 and a beta of 1.15.

Huntington Ingalls Industries (NYSE:HII) last released its quarterly earnings results on Wednesday, November 8th. The aerospace company reported $3.27 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $2.78 by $0.49. Huntington Ingalls Industries had a return on equity of 33.37% and a net margin of 8.31%. The firm had revenue of $1.86 billion for the quarter, compared to analyst estimates of $1.80 billion. During the same quarter last year, the company posted $2.27 earnings per share. The business’s revenue was up 10.7% on a year-over-year basis. analysts expect that Huntington Ingalls Industries will post 12.09 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, March 9th. Investors of record on Friday, February 23rd will be issued a dividend of $0.72 per share. This represents a $2.88 dividend on an annualized basis and a dividend yield of 1.25%. The ex-dividend date of this dividend is Thursday, February 22nd. Huntington Ingalls Industries’s dividend payout ratio is currently 21.69%.

Huntington Ingalls Industries announced that its Board of Directors has authorized a share buyback plan on Tuesday, November 7th that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the aerospace company to reacquire shares of its stock through open market purchases. Shares repurchase plans are often a sign that the company’s management believes its shares are undervalued.

A number of research firms recently issued reports on HII. Cowen raised Huntington Ingalls Industries from a “market perform” rating to an “outperform” rating and raised their price target for the stock from $252.00 to $275.00 in a report on Thursday, February 1st. Zacks Investment Research raised Huntington Ingalls Industries from a “hold” rating to a “buy” rating and set a $282.00 price target on the stock in a report on Friday, November 10th. Credit Suisse Group reissued a “neutral” rating and set a $241.00 price target (up previously from $211.00) on shares of Huntington Ingalls Industries in a report on Thursday, November 9th. Finally, ValuEngine raised Huntington Ingalls Industries from a “hold” rating to a “buy” rating in a report on Sunday, December 31st. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $227.43.

In other Huntington Ingalls Industries news, VP D R. Wyatt sold 800 shares of Huntington Ingalls Industries stock in a transaction that occurred on Monday, November 13th. The stock was sold at an average price of $240.33, for a total value of $192,264.00. Following the sale, the vice president now owns 19,065 shares of the company’s stock, valued at approximately $4,581,891.45. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Philip M. Bilden acquired 2,200 shares of the stock in a transaction on Friday, November 24th. The stock was acquired at an average cost of $234.11 per share, for a total transaction of $515,042.00. The disclosure for this purchase can be found here. 2.22% of the stock is currently owned by insiders.

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About Huntington Ingalls Industries

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.

Insider Buying and Selling by Quarter for Huntington Ingalls Industries (NYSE:HII)

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