Demystifying Hubbell: Insights From 4 Analyst Reviews

Analysts' ratings for Hubbell HUBB over the last quarter vary from bullish to bearish, as provided by 4 analysts.

Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.

Analysts have recently evaluated Hubbell and provided 12-month price targets. The average target is $418.5, accompanied by a high estimate of $450.00 and a low estimate of $397.00. This current average has increased by 9.65% from the previous average price target of $381.67.

Analyzing Analyst Ratings: A Detailed Breakdown

The perception of Hubbell by financial experts is analyzed through recent analyst actions. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Hubbell. This information provides a snapshot of how analysts perceive the current state of the company.
• Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Hubbell compared to the broader market.
• Price Targets: Delving into movements, analysts provide estimates for the future value of Hubbell's stock. This analysis reveals shifts in analysts' expectations over time.

To gain a panoramic view of Hubbell's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.

Stay up to date on Hubbell analyst ratings.

All You Need to Know About Hubbell

Hubbell is a diversified conglomerate industrial company that mostly competes in the electrical components market. Its products and services serve vital portions of the U.S. electrical supply chain, including transmission and distribution as well as the commercial, industrial, and residential end markets. The company organizes its business into two segments: Utility Solutions Segment and the Electrical Solutions Segment. It derives maximum revenue from Utility Solutions Segment.

Hubbell: A Financial Overview

Market Capitalization Analysis: With an elevated market capitalization, the company stands out above industry averages, showcasing substantial size and market acknowledgment.

Positive Revenue Trend: Examining Hubbell's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 10.35% as of 31 December, 2023, showcasing a substantial increase in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Industrials sector.

Net Margin: Hubbell's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 12.68% net margin, the company effectively manages costs and achieves strong profitability.

Return on Equity (ROE): Hubbell's financial strength is reflected in its exceptional ROE, which exceeds industry averages. With a remarkable ROE of 6.08%, the company showcases efficient use of equity capital and strong financial health.

Return on Assets (ROA): Hubbell's ROA excels beyond industry benchmarks, reaching 2.69%. This signifies efficient management of assets and strong financial health.

Debt Management: Hubbell's debt-to-equity ratio is notably higher than the industry average. With a ratio of 0.8, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.

The Basics of Analyst Ratings

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.

This article was generated by Benzinga's automated content engine and reviewed by an editor.