Hubbell Inc [HUBB] stock prices are up 7.39% to $472.12 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The HUBB shares have gain 9.37% over the last week, with a monthly amount glided 7.03%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Hubbell Inc [NYSE: HUBB] stock has seen the most recent analyst activity on November 05, 2024, when Bernstein initiated its Outperform rating and assigned the stock a price target of $535. Previously, JP Morgan downgraded its rating to Neutral on October 10, 2024, and elevated its price target to $454. On September 06, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $441 on the stock. Morgan Stanley started tracking the stock assigning a Equal-Weight rating and suggested a price target of $407 on September 06, 2024. Deutsche Bank initiated its recommendation with a Hold and recommended $427 as its price target on March 11, 2024. TD Cowen started tracking with a Outperform rating for this stock on December 08, 2023, and assigned it a price target of $338. In a note dated December 04, 2023, Barclays initiated an Equal Weight rating and provided a target price of $325 on this stock.
The stock price of Hubbell Inc [HUBB] has been fluctuating between $274.42 and $461.77 over the past year. Currently, Wall Street analysts expect the stock to reach $384.14 within the next 12 months. Hubbell Inc [NYSE: HUBB] shares were valued at $472.12 at the most recent close of the market. An investor can expect a potential drop of -18.64% based on the average HUBB price forecast.
Analyzing the HUBB fundamentals
The Hubbell Inc [NYSE:HUBB] reported sales of 5.64B for trailing twelve months, representing a surge of 4.86%. Gross Profit Margin for this corporation currently stands at 0.34% with Operating Profit Margin at 0.19%, Pretax Profit Margin comes in at 0.17%, and Net Profit Margin reading is 0.13%. To continue investigating profitability, this company’s Return on Assets is posted at 0.11, Equity is 0.25 and Total Capital is 0.19. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.6.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 455.05 points at the first support level, and at 437.98 for the second support level. However, for the 1st resistance point, the stock is sitting at 485.27, and for the 2nd resistance point, it is at 498.41.
Ratios To Look Out For
It’s worth pointing out that Hubbell Inc [NYSE:HUBB]’s Current Ratio is 1.66. Further, the Quick Ratio stands at 1.05, while the Cash Ratio is 0.31. Considering the valuation of this stock, the price to sales ratio is 4.49, the price to book ratio is 7.88 and price to earnings (TTM) ratio is 34.00.
Transactions by insiders
Recent insider trading involved DEL NERO JONATHAN M., Officer, that happened on Nov 06 ’24 when 141.0 shares were purchased. Chairman, President & CEO, Bakker Gerben completed a deal on Aug 09 ’24 to sell 15677.0 shares. Meanwhile, Officer Bakker Gerben bought 15677.0 shares on Aug 09 ’24.
