RBC Capital analyst Michael Eisen maintained a Buy rating on Huntington Ingalls (NYSE:HII) Industries on Thursday, setting a price target of $194, which is approximately 24.38% above the present share price of $155.97.
Eisen expects Huntington Ingalls Industries to post earnings per share (EPS) of $5.47 for the fourth quarter of 2020.
The current consensus among 5 TipRanks analysts is for a Hold rating of shares in Huntington Ingalls, with an average price target of $171.8.
The analysts price targets range from a high of $194 to a low of $160.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $2.31 billion and a net profit of $216 million. The company's market cap is $6.32 billion.
According to TipRanks.com, RBC Capital analyst Michael Eisen is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -8.6% and a 35.71% success rate.
Huntington Ingalls Industries, Inc. engages in the shipbuilding business. It operates through the following business segments: Ingalls, Newport News, and Technical Solutions. The Ingalls segment develops and constructs non-nuclear ships, assault ships, and surface combatants. The Newport News segment designs, builds, and maintains nuclear-powered ships which include aircraft carriers and submarines. The Technical Solutions segment provides professional services, including fleet support, integrated missions solutions, nuclear and environmental, and oil and gas services. The company was founded on August 4, 2010 and is headquartered in Newport News, VA.