Hubbell Inc (NYSE: HUBB)’s stock price has gone rise by 0.80 in comparison to its previous close of 433.92, however, the company has experienced a 4.08% increase in its stock price over the last five trading days. globenewswire.com reported 2025-01-15 that Shelton, CT, Jan. 15, 2025 (GLOBE NEWSWIRE) — Hubbell Incorporated (NYSE: HUBB) today announced it will release its fourth quarter 2024 financial results prior to the opening of the market on February 4th, 2025. The Company will then webcast its Analysts’ Conference Call to discuss the results at 10:00 AM ET.
Is It Worth Investing in Hubbell Inc (NYSE: HUBB) Right Now?
Hubbell Inc (NYSE: HUBB) has a higher price-to-earnings ratio of 31.50x compared to its average ratio. HUBB has 36-month beta value of 0.92. Analysts have mixed views on the stock, with 5 analysts rating it as a “buy,” 0 as “overweight,” 9 as “hold,” and 0 as “sell.”
The public float for HUBB is 53.48M, and currently, short sellers hold a 3.86% ratio of that float. The average trading volume of HUBB on January 20, 2025 was 405.00K shares.
HUBB’s Market Performance
The stock of Hubbell Inc (HUBB) has seen a 4.08% increase in the past week, with a -4.05% drop in the past month, and a -3.67% fall in the past quarter. The volatility ratio for the week is 2.31%, and the volatility levels for the past 30 days are at 2.34% for HUBB.. The simple moving average for the past 20 days is 2.24% for HUBB’s stock, with a 6.97% simple moving average for the past 200 days.
Analysts’ Opinion of HUBB
Many brokerage firms have already submitted their reports for HUBB stocks, with Deutsche Bank repeating the rating for HUBB by listing it as a “Hold.” The predicted price for HUBB in the upcoming period, according to Deutsche Bank is $473 based on the research report published on November 26, 2024 of the previous year 2024.
Bernstein, on the other hand, stated in their research note that they expect to see HUBB reach a price target of $535. The rating they have provided for HUBB stocks is “Outperform” according to the report published on November 05th, 2024.
JP Morgan gave a rating of “Neutral” to HUBB, setting the target price at $454 in the report published on October 10th of the previous year.
HUBB Trading at -1.63% from the 50-Day Moving Average
After a stumble in the market that brought HUBB to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -9.13% of loss for the given period.
Volatility was left at 2.34%, however, over the last 30 days, the volatility rate increased by 2.31%, as shares sank -0.49% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.93% upper at present.
During the last 5 trading sessions, HUBB rose by +4.08%, which changed the moving average for the period of 200-days by +5.26% in comparison to the 20-day moving average, which settled at $427.79. In addition, Hubbell Inc saw 4.41% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at HUBB starting from Malloy John F, who purchase 461 shares at the price of $446.96 back on Dec 10 ’24. After this action, Malloy John F now owns 18,628 shares of Hubbell Inc, valued at $206,049 using the latest closing price.
Mikes Mark Eugene, the President Electrical Solutions of Hubbell Inc, sale 1,144 shares at $466.20 during a trade that took place back on Nov 07 ’24, which means that Mikes Mark Eugene is holding 2,957 shares at $533,328 based on the most recent closing price.
Stock Fundamentals for HUBB
Current profitability levels for the company are sitting at:
- 0.19 for the present operating margin
- 0.34 for the gross margin
The net margin for Hubbell Inc stands at 0.13. The total capital return value is set at 0.19. Equity return is now at value 25.20, with 11.81 for asset returns.
Based on Hubbell Inc (HUBB), the company’s capital structure generated 0.39 points at debt to capital in total, while cash flow to debt ratio is standing at 0.43. The debt to equity ratio resting at 0.65. The interest coverage ratio of the stock is 15.36.
Currently, EBITDA for the company is 1.17 billion with net debt to EBITDA at 1.32. When we switch over and look at the enterprise to sales, we see a ratio of 4.46. The receivables turnover for the company is 6.3for trailing twelve months and the total asset turnover is 0.81. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.66.
Conclusion
To put it simply, Hubbell Inc (HUBB) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
