Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
Hubbell Inc (NYSE: HUBB) closed the day trading at $413.36 down -0.28% from the previous closing price of $414.53. In other words, the price has decreased by -$0.28 from its previous closing price. On the day, 0.9 million shares were traded. HUBB stock price reached its highest trading level at $421.5799 during the session, while it also had its lowest trading level at $405.17.
Ratios:
For a better understanding of HUBB, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 49.79 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 30.39. For the most recent quarter (mrq), Quick Ratio is recorded 1.05 and its Current Ratio is at 1.66. In the meantime, Its Debt-to-Equity ratio is 0.65 whereas as Long-Term Debt/Eq ratio is at 0.55.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Deutsche Bank on November 26, 2024, Downgraded its rating to Hold and sets its target price to $473 from $493 previously.
On November 05, 2024, Bernstein started tracking the stock assigning a Outperform rating and target price of $535.
JP Morgan Downgraded its Overweight to Neutral on October 10, 2024, whereas the target price for the stock was revised from $385 to $454.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 10 ’24 when Malloy John F bought 461 shares for $446.96 per share. The transaction valued at 206,049 led to the insider holds 18,628 shares of the business.
Mikes Mark Eugene sold 1,144 shares of HUBB for $533,328 on Nov 07 ’24. The President Electrical Solutions now owns 2,957 shares after completing the transaction at $466.20 per share. On Nov 06 ’24, another insider, DEL NERO JONATHAN M., who serves as the Vice President, Controller of the company, sold 141 shares for $476.95 each. As a result, the insider received 67,250 and left with 4,316 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HUBB now has a Market Capitalization of 22185236480 and an Enterprise Value of 23845158912. As of this moment, Hubbell’s Price-to-Earnings (P/E) ratio for their current fiscal year is 29.77, and their Forward P/E ratio for the next fiscal year is 23.28. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.72. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.93 while its Price-to-Book (P/B) ratio in mrq is 6.90. Its current Enterprise Value per Revenue stands at 4.228 whereas that against EBITDA is 18.832.
Stock Price History:
The Beta on a monthly basis for HUBB is 0.92, which has changed by 0.2318145 over the last 52 weeks, in comparison to a change of 0.25219524 over the same period for the S&P500. Over the past 52 weeks, HUBB has reached a high of $481.35, while it has fallen to a 52-week low of $326.13. The 50-Day Moving Average of the stock is -6.53%, while the 200-Day Moving Average is calculated to be 0.90%.
Shares Statistics:
Over the past 3-months, HUBB traded about 441.06K shares per day on average, while over the past 10 days, HUBB traded about 656324 shares per day. A total of 53.67M shares are outstanding, with a floating share count of 53.48M. Insiders hold about 0.35% of the company’s shares, while institutions hold 94.53% stake in the company. Shares short for HUBB as of 1736899200 were 1983831 with a Short Ratio of 4.50, compared to 1734048000 on 2303538. Therefore, it implies a Short% of Shares Outstanding of 1983831 and a Short% of Float of 4.25.
Dividends & Splits
HUBB’s forward annual dividend rate is 4.98, up from 4.88 a year ago. Against a Trailing Annual Dividend Yield of 0.011772369The stock’s 5-year Average Dividend Yield is 1.89. The current Payout Ratio is 32.63% for HUBB, which recently paid a dividend on 2024-11-29 with an ex-dividend date of 1732838400. Stock splits for the company last occurred on 1996-08-12 when the company split stock in a 2:1 ratio.
