Huntington Ingalls Industries Inc
HII: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$165.00 | Dckt | Xjwfklvk |
Huntington Ingalls Earnings: Solid Results Despite Lower Destroyer Margin; Fair Value Estimate Up
Huntington Ingalls turned in second-quarter 2024 results that slightly exceeded our revenue and profit forecast overall, though lower-than-expected results in the Ingalls shipyard were offset by an outsized profit blip in Mission Technologies. We have increased our fair value estimate from $317 to $322 primarily due to the time value of money and a small upward revision of 2024 revenue.