Huntington Ingalls Industries Inc (HII) Stock AnalysisHIIHuntington Ingalls Industries Inc

Huntington Ingalls Industries, Inc. is a global, all-domain defense partner, building and delivering naval ships and technologies. Its segments include Ingalls Shipbuilding (Ingalls), Newport News Shipbuilding (Newport News) and Mission Technologies. Ingalls segment includes its non-nuclear ship design, construction, repair, and maintenance businesses. Newport News segment includes all of its nuclear ship design, construction, overhaul, refueling, and repair and maintenance businesses. Mission Technologies segment provides a range of services and products, including command, control, computers, communications, cyber, intelligence, surveillance, and reconnaissance systems and operations; the application of artificial intelligence and machine learning to battlefield decisions; defense and offensive cyberspace strategies and electronic warfare; unmanned autonomous systems; live, virtual, and constructive training solutions; platform modernization, and critical nuclear operations. It operates in the Industrials sector (SHIP & BOAT BUILDING & REPAIRING industry).

Huntington Ingalls Industries Inc (HII) is a good buy right now, trading at $264.80 with a forward P/E of 12.58, indicating it is undervalued compared to its growth potential. The recent contract worth $5.09 billion for the USS Truman overhaul demonstrates strong demand in the defense sector, which is crucial for HII's future revenue. Despite a year-to-date decline of 24.29%, analysts project significant upside, with Goldman Sachs suggesting a price target of $439, which represents a potential 60% increase from the current price. The main risk is the RSI at 45.67, indicating that the stock is nearing oversold territory, which could lead to further short-term volatility.

12 analysts cover HII: 4 rate it Buy, 7 Hold and 1 Sell. The average price target is 344.80.