Huntington Ingalls Industries (NYSE:HII) Sees Positive Analyst Outlook and Growth Potential

Core Insights - Huntington Ingalls Industries (HII) is a key player in the defense and shipbuilding industry, serving as a major contractor for the U.S. Navy and competing with firms like General Dynamics and Lockheed Martin [1] - Goldman Sachs has set a price target of $419 for HII, indicating a potential price increase of approximately 5.34% from its current price of $397.77 [1][5] - Zacks Investment Research identifies HII as a top growth stock, suggesting strong potential to outperform the market [2][5] Stock Performance - HII's stock price has increased by 7.69%, or $28.39, reaching $397.77, with daily fluctuations between a low of $374.89 and a high of $400 [3] - Over the past year, HII's stock has shown significant volatility, with a high of $436.14 and a low of $159.41, reflecting dynamic market performance [3] Market Position - HII has a market capitalization of approximately $15.61 billion, indicating a significant position in the defense sector [4] - The trading volume for HII on the NYSE is 671,495 shares for the day, demonstrating active investor interest [4]