03:05 PM EDT, 08/04/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We increase our 12-month target price by $37 to $304, using a P/E multiple of 18.0x our 2026 EPS estimate, a premium to HII's three-year average forward P/E of 15.1x but a discount relative to peers' average forward P/E of 19.9x. We raise our 2025 EPS forecast by $0.62 to $15.07 and our 2026 EPS estimate by $0.16 to $16.86. Our bullish outlook is reinforced by HII's demonstrated ability to execute its operational turnaround while benefiting from an increasingly supportive defense spending environment. The company's record $56.9 billion backlog provides exceptional revenue visibility through 2029, while management's disciplined approach to the three key operational initiatives (i.e., throughput improvement, cost reduction, and contract awards) is beginning to yield tangible results. The 20% targeted throughput improvement for 2025, supported by workforce investments and the Charleston facility ramp-up, positions HII to capitalize on the substantial funding increases embedded in recent defense appropriations.