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Newport News, Virginia-based Huntington Ingalls Industries, Inc. (HII) designs, builds, overhauls, and repairs military ships in the United States. With a market cap of $10 billion, the company operates through three segments: Ingalls, Newport News, and Mission Technologies.
HII is scheduled to report its Q2 earnings on Thursday, July 31, before the market opens. Ahead of this event, analysts expect the company to report a profit of $3.23 per share, down 26.3% from $4.38 per share in the year-ago quarter. The company has surpassed Wall Street's bottom-line estimates in two of the past four quarters, while missing on two other occasions.
For fiscal 2025, analysts expect HII to report an EPS of $14.42, up 3.3% year over year from $13.96 in fiscal 2024. Moreover, in FY2026, the company’s EPS is expected to rise 14.2% annually to $16.47.
HII stock has declined 4.8% over the past 52 weeks, underperforming the Industrial Select Sector SPDR Fund’s (XLI) 20.6% surge and the S&P 500 Index’s ($SPX) 13.6% uptick during the same time frame.
HII shares plunged 1.2% following the release of its Q1 earnings on May 1. The company’s total sales and service revenue declined 2.5% year-over-year to $2.7 billion, mainly caused by weak performance across all three of its reportable segments, and fell short of the Wall Street estimates. However, despite a 2.1% year-over-year fall in its adjusted EPS to $3.79, it surpassed the consensus estimates by 30.7%.
Wall Street analysts are moderately bullish about HII’s stock, with a "Moderate Buy" rating overall. Among 11 analysts covering the stock, four suggest a “Strong Buy,” six suggest a “Hold,” and one recommends a “Moderate Sell.” HII’s average analyst price target of $256 indicates a marginal potential upside from the current levels.
On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
