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Is Huntington Ingalls (HII) Stock Undervalued Right Now?
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While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.
Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.
Zacks has developed the innovative Style Scores system to highlight stocks with specific traits. For example, value investors will be interested in stocks with great grades in the "Value" category. When paired with a high Zacks Rank, "A" grades in the Value category are among the strongest value stocks on the market today.
One company to watch right now is Huntington Ingalls (HII - Free Report) . HII is currently sporting a Zacks Rank of #2 (Buy) and an A for Value. The stock holds a P/E ratio of 14.02, while its industry has an average P/E of 18.19. Over the past 52 weeks, HII's Forward P/E has been as high as 21.31 and as low as 11.87, with a median of 17.74.
We also note that HII holds a PEG ratio of 0.93. This popular figure is similar to the widely-used P/E ratio, but the PEG ratio also considers a company's expected EPS growth rate. HII's PEG compares to its industry's average PEG of 1.54. Within the past year, HII's PEG has been as high as 1.42 and as low as 0.79, with a median of 1.18.
Finally, we should also recognize that HII has a P/CF ratio of 12.87. This figure highlights a company's operating cash flow and can be used to find firms that are undervalued when considering their impressive cash outlook. HII's P/CF compares to its industry's average P/CF of 14.32. Over the past 52 weeks, HII's P/CF has been as high as 17.82 and as low as 11.73, with a median of 13.30.
These are only a few of the key metrics included in Huntington Ingalls's strong Value grade, but they help show that the stock is likely undervalued right now. When factoring in the strength of its earnings outlook, HII looks like an impressive value stock at the moment.
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Is Huntington Ingalls (HII) Stock Undervalued Right Now?
While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.
Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.
Zacks has developed the innovative Style Scores system to highlight stocks with specific traits. For example, value investors will be interested in stocks with great grades in the "Value" category. When paired with a high Zacks Rank, "A" grades in the Value category are among the strongest value stocks on the market today.
One company to watch right now is Huntington Ingalls (HII - Free Report) . HII is currently sporting a Zacks Rank of #2 (Buy) and an A for Value. The stock holds a P/E ratio of 14.02, while its industry has an average P/E of 18.19. Over the past 52 weeks, HII's Forward P/E has been as high as 21.31 and as low as 11.87, with a median of 17.74.
We also note that HII holds a PEG ratio of 0.93. This popular figure is similar to the widely-used P/E ratio, but the PEG ratio also considers a company's expected EPS growth rate. HII's PEG compares to its industry's average PEG of 1.54. Within the past year, HII's PEG has been as high as 1.42 and as low as 0.79, with a median of 1.18.
Finally, we should also recognize that HII has a P/CF ratio of 12.87. This figure highlights a company's operating cash flow and can be used to find firms that are undervalued when considering their impressive cash outlook. HII's P/CF compares to its industry's average P/CF of 14.32. Over the past 52 weeks, HII's P/CF has been as high as 17.82 and as low as 11.73, with a median of 13.30.
These are only a few of the key metrics included in Huntington Ingalls's strong Value grade, but they help show that the stock is likely undervalued right now. When factoring in the strength of its earnings outlook, HII looks like an impressive value stock at the moment.