Huntington Ingalls Industries Inc
Change company Symbol lookup
Select an option...
HII Huntington Ingalls Industries Inc
BABA Alibaba Group Holding Ltd
ABBV Abbvie Inc
OBMP OncBioMune Pharmaceuticals Inc
AVNW Aviat Networks Inc
AMPY Amplify Energy Corp
JEPI JPMorgan Equity Premium Income ETF
VOLAF Volvo AB
AGNC Agnc Investment Corp
GME GameStop Corp
Go

Industrials : Aerospace & Defense | Mid Cap Value
Company profile

Huntington Ingalls Industries, Inc. is a military shipbuilding company and a provider of professional services to partners in government and industry. The Company's business consists of the design, construction, repair and maintenance of nuclear-powered ships and non-nuclear ships for the United States Navy and coastal defense surface ships for the United States Coast Guard, as well as the refueling and overhaul and inactivation of nuclear-powered ships for the United States Navy. It operates through three segments: Ingalls Shipbuilding (Ingalls), Newport News Shipbuilding (Newport News) and Technical Solutions. Its Ingalls segment includes its non-nuclear ship design, construction, repair and maintenance businesses. Its Newport News includes all of its nuclear ship design, construction, overhaul, refueling, and repair and maintenance businesses. Its Technical Solutions segment provides a range of professional services to the governmental and energy markets.

Closing Price
$208.06
Day's Change
-0.29 (-0.14%)
Bid
--
Ask
--
B/A Size
--
Day's High
210.00
Day's Low
206.18
Volume
(Average)
Volume:
274,074

10-day average volume:
303,432
274,074

ViacomCBS downgraded to rare underperform rating at BMO Capital, citing valuation concerns

1:35 pm ET March 15, 2021 (MarketWatch)
Print

ViacomCBS Inc. (VIAC) was downgraded Monday to a rare bearish rating at BMO Capital, with analyst Daniel Salmon saying, "This stream has run too far." Salmon cut his rating to underperform, after being at market perform since August 2019. He bumped up his price target to $70 from $60, but that new target is 28.2% below current levels. The stock rallied 2.7% toward a record in afternoon trading, putting it on track for a fourth straight gain and 11th gain in 12 sessions. It rose 27.9% last week for the 12th straight weekly gain, and the best weekly performance since April 2020. Salmon said he believes the new Paramount+ streaming service will drive the subscriber narrative in the short terms, and he thinks it might be "challenging" for a new streaming product, "as the pandemic wains and competitors like Peacock offer differentiated content like the Summer and Winter Olympics" in the next 12 months. In addition, he said Paramount's box-office market share has lagged the likes of Walt Disney Co. (DIS), Universal, WarnerBros in recent years, and could underperform again as theaters reopen more widely as COVID-19-related restrictions ease. ViacomCBS is now just one of 2.3% of the U.S. companies covered by BMO analysts that are rated underperform, while Salmon rates both rivals Disney and Netflix Inc. (NFLX) at outperform. ViacomCBS's stock has rocketed 177.5% over the past three months, while Disney shares have advanced 12.6%, Netflix's stock has lost 1.9% and the S&P 500 has gained 6.8%.

-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com

	

(END) Dow Jones Newswires

March 15, 2021 13:35 ET (17:35 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

Earnings Calendar and Events Data provided by |Terms of Use| © 2021 Wall Street Horizon, Inc.

Market data accompanied by is delayed by at least 15 minutes for NASDAQ, NYSE MKT, NYSE, and options. Duration of the delay for other exchanges varies.
Market data and information provided by Morningstar.

Options are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses.
Please read Characteristics and Risks of Standard Options before investing in options.

Information and news provided by ,, , Computrade Systems, Inc., , and

Copyright © 2021. All rights reserved.