Key Highlights:
- Huntington Ingalls Industries' Mission Technologies is part of a significant U.S. Army contract worth up to $379 million.
- Analysts offer a mixed outlook, with a consensus "Hold" rating and an anticipated stock upside of 3.60%.
- The GF Value prediction suggests a potential 14.26% increase in HII's stock price.
Huntington Ingalls Industries (HII, Financial) has announced that its Mission Technologies division has been selected as part of a multi-award contract to deliver live training solutions for the U.S. Army. This lucrative contract, potentially worth up to $379 million, allows HII to compete for delivery orders aimed at enhancing training facilities for both the Army and Marine Corps.
Wall Street Analysts Forecast
According to data from nine financial analysts, the average one-year price target for Huntington Ingalls Industries Inc (HII, Financial) is estimated at $239.90. This includes a high forecast of $310.12 and a low of $166.00. These projections represent a potential upside of 3.60% from the current trading price of $231.57. Investors looking for more in-depth forecast information can visit the Huntington Ingalls Industries Inc (HII) Forecast page.
Currently, the consensus recommendation from 13 brokerage firms is a "Hold" rating for Huntington Ingalls Industries Inc (HII, Financial), with an average brokerage recommendation of 2.6. This rating falls on a scale from 1 to 5, where 1 suggests a "Strong Buy" and 5 indicates a "Sell."
GF Value Estimation
In terms of valuation, GuruFocus estimates the GF Value for Huntington Ingalls Industries Inc (HII, Financial) at $264.59 within the next year. This suggests an upside potential of 14.26% from the current share price of $231.57. The GF Value is GuruFocus' assessment of the fair trading value of the stock, derived from historical trading multiples, past business growth, and future performance forecasts. Investors interested in more comprehensive data can find it on the Huntington Ingalls Industries Inc (HII) Summary page.
