Hubbell is a electrical equipment & part company located in Connecticut, United States, which is part of the Industrials sector, and is traded under the ticker HUBB on the NYSE exchange.
Hubbell stock last closed at $413.86, up 0.13% from the previous day, and has increased 77.19% in one year. It has overperformed other stocks in the Electrical Equipment & Parts industry by 0.45 percentage points. Hubbell stock is currently +88.32% from its 52-week low of $219.77, and -1.38% from its 52-week high of $419.65.
As of Mar 27, 2024, there are 53.63M shares of HUBB outstanding. The market capitalization of HUBB is $22.19B. In the last 24 hours, 273,994 HUBB shares were traded.
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After you have chosen the best place to buy Hubbell stock, it's very important to evaluate their stock before you invest, so you actually wrap your head around the risk as well as the opportunity.
WallStreetZen was built to help average investors perform better fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on HUBB's stock page.
Investors use many financial metrics, analyses, models, and charts to gauge HUBB's intrinsic value.
Using relative valuations metrics:
You can access additional valuation research on HUBB's stock here.
Out of 8 Equities analysts who research HUBB, the consensus analyst rating on HUBB is a Buy
Please note that analyst ratings are not stock recommendations, nor are they financial advice.
Stephen Tusa, a top 16% analyst from JP Morgan upgrades HUBB to a strong buy rating and raises their HUBB price target from $333.00 to $335.00, on Nov 17, 2023.
JP Morgan's Stephen Tusa upgraded their rating on Hubbell (NYSE: HUBB) from Hold to Strong Buy on 2023/11/17. The analyst also raised their price target by 0.6% from $333 to $335.
Channel checks at the annual EEI conference suggest that market concerns on the Utility segment "appear overdone," the analyst told investors.
The Systems Control acquisition is not the only reason for JP Morgan's FY 2024 and FY 2025 higher-than-consensus estimates, Tusa said, pointing to "a stronger organic outlook at the Utility Solutions segment."
JP Morgan now has elevated confidence in Hubbell and believes that the longer-term mid-single-digit growth target for its Utility Solutions business may be "too conservative," the analyst noted.
Furthermore, with the stock trading below its historical average parity multiple, Hubbell is a "relatively visible GARP (Growth At a Reasonable Price) story," Tusa concluded.
Scott Graham, a top 14% analyst from Seaport Global initiates coverage on HUBB with a buy rating and announces their HUBB price target of $325.00, on Nov 8, 2023.
Tommy Moll, a top 10% analyst from Stephens & Co. reiterates HUBB with a strong buy rating and maintains their HUBB price target from $375.00 to $375.00, on Nov 1, 2023.
You can dig deeper into what analysts are saying on the Hubbell stock forecast page.
Last year, HUBB earnings were $759.80M. In the past 5 year, HUBB's earnings have gone up by 16.57% per year. This was slower than the Electrical Equipment & Parts industry average of 36.85%.
Last year, HUBB revenue was $5.37B. Over the last 5 year, HUBB's revenue has grown by 3.69% per year. This was slower than the Electrical Equipment & Parts industry average of 10.55%.
Dive into HUBB's earnings and revenue performance here.
In the last year, executives and large shareholders at HUBB have sold more shares than they have bought.
Mark Eugene Mikes, President Electrical Solutions of HUBB, was the latest HUBB insider to sell. They sold $144,289.65 worth of HUBB stock on Feb 12, 2024.
Learn more about who owns HUBB shares here.
Hubbell pays a dividend of 1.13%, compared to the Electrical Equipment & Parts industry's average dividend yield of 0.95%. If you owned $1,000 of HUBB stock, you would have been paid $11.31 in the past year.
Hubbell dividend payments have consistently grown over the past decade and have remained stable.
Get more data about Hubbell dividend yield and history here.
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