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How to Buy Hubbell Stock

Hubbell Inc

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.

How to Buy Hubbell Stock

Not sure how to invest in Hubbell stock? Here's how.
  1. Decide where to buy Hubbell stock: You need to choose an online brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you decide where to buy Hubbell stock.
  2. Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Deposit funds into your investment account: Select your method of payment and add your details.
  4. Analyze Hubbell stock: The Hubbell ticker symbol is HUBB. Is Hubbell stock a good investment? Should you buy shares of HUBB? How do HUBB's underlying business fundamentals look? Do top analysts think Hubbell is a good buy? Why has HUBB's stock price moved recently? (Hint: Our stock market research tools can help you understand if HUBB is a good stock to buy).
  5. Make your HUBB trade: Decide if you will purchase HUBB shares at the current market price or use a limit order to buy HUBB stock at a specific price.
  6. Get the latest news on your investment in HUBB: Create a watchlist to monitor your new investment in Hubbell stock.

Step 1: Decide where to buy Hubbell stock

You need a brokerage account in order to access the NYSE market and buy HUBB shares.

A brokerage account is an investment account that enables you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for a brokerage account

Now that you've chosen your brokerage, you need to fill out some personal details so you are able to invest in HUBB stock today.

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Step 3: Deposit funds into your investment account

Now that you have opened your account on apps for stocks, you need to deposit funds:

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Step 4: Analyze Hubbell stock

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.

Hubbell Metrics

HUBB Price
$413.86
1w %
1.77%
1y %
77.19%
5y %
256.75%
P/E
29.27x
P/B
7.71x
P/S
4.13x
PEG
N/A
Revenue
$5.37B
Earnings
$759.80M
Fore. Rev. Growth
7.07%
Fore. Earn. Growth
-20.4%
Market Cap
$22.19B
Next Earnings
Apr 23, 2024
Next Dividend
N/A

Fundamentals of Hubbell

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.

Is HUBB stock undervalued or overvalued?

Investors use many financial metrics, analyses, models, and charts to gauge HUBB's intrinsic value.

Using relative valuations metrics:

  • HUBB may be undervalued based on its P/E ratio of 29.27x, relative to Electrical Equipment & Parts industry P/E ratio of 30.66x
  • HUBB could be overvalued based on its P/B ratio of 7.71x, relative to Electrical Equipment & Parts industry P/B ratio of 4.18x

You can access additional valuation research on HUBB's stock here.

A look at HUBB Cashflows and Balance Sheet

Passed Financial Due Diligence Checks:

  • There are more short-term assets than short-term liabilities on the HUBB balance sheet.
  • HUBB earnings of $1.01B is not enough to cover its interest payments.
  • HUBB profit margin has gone up from 11% to 14.1% in the past year.
  • Total HUBB debt is lower than 5 years ago, relative to shareholder equity.
  • HUBB's operating cash flow of $880.80M allows it to safely service it's debt of $2.14B.

Failed Financial Due Diligence Checks:

  • There are more long-term liabilities than short-term assets on the HUBB balance sheet.
  • HUBB has a relatively high debt to equity ratio of 1.4.

Do analysts think it's a good time to buy HUBB stock

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.

Latest HUBB Analyst Recommendations

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.

HUBB Technical Indicators

SMA10
407.32
SMA20
398.25
SMA50
368.48
SMA100
338.53
SMA200
325.81
MACD
13.43
MACD Signal
13.18
MACD Histogram
0.25
RSI
69.92
Stochastic %K
84.64
Stochastic %D
88.76
StochRSI %K
48.06
StochRSI %D
62.61

Is HUBB Making Money?

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.

Who is buying/selling HUBB?

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.

Can I get consistent income from HUBB stock?

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.

Get analysis from other investors

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Step 5: Make your HUBB trade

You have two main types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are mostly the best for newer investors.
  • Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
    If you want to be certain you're buying or selling at an exact price, place a limit order.

Hit the Open Trade button and eToro will execute the order.

If you want more help with investing in stocks on eToro, click the how to video below:

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Step 6: Get the latest news on your investment in HUBB

Now that you own some shares in HUBB, you'll want to stay up-to-date on your new investment.

Make a watchlist to monitor your HUBB stock.

HUBB Feed

How to Buy Stock in Hubbell

To reiterate, here are the 6 steps for buying Hubbell stock:

  1. Decide where to buy Hubbell stock
  2. Sign up for a brokerage account
  3. Deposit funds into your investment account
  4. Analyze Hubbell stock
  5. Make your HUBB trade
  6. Get the latest news on your investment in HUBB

If you need a brokerage, eToro is our favorite option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to get the latest scoop on your investment in Hubbell, click below.

NYSE: HUBB
$413.86+0.53 (+0.13%)
Updated Mar 27, 2024
Open eToro Account
NYSE: HUBB
$413.86+0.53 (+0.13%)
Updated Mar 27, 2024
Open eToro Account

FAQ

How much does it cost to buy one Hubbell share?

As of Mar 27, 2024, it costs $413.86 to buy one share of Hubbell stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $100, you can buy 0.242 shares of HUBB.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Hubbell stock?

According to 8 Wall Street analysts who monitor Hubbell, their consensus recommendation is to buy Hubbell stock.

What is the best way to buy Hubbell stock?

One way to place an order for Hubbell stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.