02:25 AM EST, 11/04/2025 (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 $46 to $350, which is 20.0x our 2026 EPS estimate, above HII's three-year avg. forward P/E of 15.4x but below peers' avg. of 21.4x. We trim our 2025 EPS forecast by $0.05 to $15.02 but raise our 2026 EPS estimate by $0.65 to $17.51. We reiterate our Buy rating on HII following strong Q3 2025 results that demonstrate accelerating operational momentum and validate our bullish thesis. Record quarterly revenues of $3.2 billion (+16% Y/Y) and raised free cash flow guidance to $550-650 million underscore management's successful execution of its three-pronged turnaround strategy. The 15% throughput improvement target, supported by 4,600+ new hires and 23 qualified outsourcing partners, positions HII to capitalize on robust naval shipbuilding demand. With Virginia Block VI and Columbia Build II contract negotiations advancing toward year-end completion, HII is transitioning from challenging pre-Covid contracts to properly-priced agreements that should drive margin expansion.