Huntington Ingalls Industries Inc
HII: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| r>D | LOCK|@@ | LOCK|%GQvfJ |
HII Earnings: With Huge US Navy Submarine Contract Finally Signed, Shares Undervalued
Second-quarter revenue grew 10.9% year on year to $3.4 billion, and segment operating margin jumped a whole point to 6.6%, yielding $224 million of profit. With the giant Navy contract for 14 nuclear subs finally in hand, management upped shipbuilding growth expectations to 6.6% and margin above 6%.
