Published on 1 Jun 2024 on Simply Wall St. via Yahoo Finance
Should Weakness in Huntington Ingalls Industries, Inc.'s (NYSE:HII) Stock Be Seen As A Sign That...
Huntington Ingalls Industries (NYSE:HII) has had a rough three months with its share price down 13%. However, the company's fundamentals look pretty decent, and long-term financials are usually aligned with future market price movements. In this article, we decided to focus on Huntington Ingalls Industries' ROE.
Return on equity or ROE is an important factor to be considered by a shareholder because it tells them how effectively their capital is being reinvested. Simply put, it is used to assess the profitability of a company in relation to its equity capital.