company background image
HUBB

HubbellNYSE:HUBB Stock Report

Last Price

US$200.05

Market Cap

US$10.9b

7D

1.9%

1Y

23.1%

Updated

17 Jan, 2022

Data

Company Financials +
HUBB fundamental analysis
Snowflake Score
Valuation1/6
Future Growth2/6
Past Performance2/6
Financial Health3/6
Dividends5/6

HUBB Stock Overview

Hubbell Incorporated, together with its subsidiaries, designs, manufactures, and sells electrical and electronic products in the United States and internationally.

Hubbell Competitors

Eaton

NYSE:ETN

US$68.1b

AMETEK

NYSE:AME

US$32.7b

Regal Rexnord

NYSE:RRX

US$11.6b

Sensata Technologies Holding

NYSE:ST

US$10.1b

Price History & Performance

Summary of all time highs, changes and price drops for Hubbell
Historical stock prices
Current Share PriceUS$200.05
52 Week HighUS$212.54
52 Week LowUS$149.07
Beta1.23
1 Month Change-2.41%
3 Month Change5.40%
1 Year Change23.06%
3 Year Change85.92%
5 Year Change70.20%
Change since IPO2,512.73%

Recent News & Updates

Dec 30
Hubbell (NYSE:HUBB) Will Be Hoping To Turn Its Returns On Capital Around

Hubbell (NYSE:HUBB) Will Be Hoping To Turn Its Returns On Capital Around

To find a multi-bagger stock, what are the underlying trends we should look for in a business? In a perfect world, we'd...

Dec 18
Estimating The Fair Value Of Hubbell Incorporated (NYSE:HUBB)

Estimating The Fair Value Of Hubbell Incorporated (NYSE:HUBB)

How far off is Hubbell Incorporated ( NYSE:HUBB ) from its intrinsic value? Using the most recent financial data, we'll...

Dec 06
We Think Hubbell (NYSE:HUBB) Can Stay On Top Of Its Debt

We Think Hubbell (NYSE:HUBB) Can Stay On Top Of Its Debt

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...

Nov 20
Is Now An Opportune Moment To Examine Hubbell Incorporated (NYSE:HUBB)?

Is Now An Opportune Moment To Examine Hubbell Incorporated (NYSE:HUBB)?

Today we're going to take a look at the well-established Hubbell Incorporated ( NYSE:HUBB ). The company's stock saw a...

Nov 19

Hubbell: I Am Not Electrified Yet

Hubbell has seen a multi-year transformation into higher growth electrification and utility solutions. The company has been executing well as a sound positioning to megatrends boosts the organic growth profile, and alongside lower interest rates this has boosted valuations as well. While I applaud the improved long-term positioning and execution, valuations here look too demanding to see the appeal.

Shareholder Returns

HUBBUS ElectricalUS Market
7D1.9%-0.5%-0.5%
1Y23.1%-0.1%13.7%

Return vs Industry: HUBB exceeded the US Electrical industry which returned -0.1% over the past year.

Return vs Market: HUBB exceeded the US Market which returned 13.7% over the past year.

Price Volatility

Is HUBB's price volatile compared to industry and market?
HUBB volatility
HUBB Average Weekly Movement2.9%
Electrical Industry Average Movement9.4%
Market Average Movement6.6%
10% most volatile stocks in US Market15.9%
10% least volatile stocks in US Market2.4%

Stable Share Price: HUBB is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: HUBB's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
188819,400Gerben Bakkerhttps://www.hubbell.com

Hubbell Incorporated, together with its subsidiaries, designs, manufactures, and sells electrical and electronic products in the United States and internationally. The company operates through two segments, Electrical Solution and Utility Solution. The Electrical Solution segment offers standard and special application wiring device products, rough-in electrical products, connector and grounding products, lighting fixtures and controls, and other electrical equipment for use in industrial, commercial, and institutional facilities by electrical contractors, maintenance personnel, electricians, utilities, and telecommunications companies, as well as components and assemblies for the natural gas distribution market.

Hubbell Fundamentals Summary

How do Hubbell's earnings and revenue compare to its market cap?
HUBB fundamental statistics
Market CapUS$10.88b
Earnings (TTM)US$361.70m
Revenue (TTM)US$4.52b

30.1x

P/E Ratio

2.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
HUBB income statement (TTM)
RevenueUS$4.52b
Cost of RevenueUS$3.27b
Gross ProfitUS$1.25b
ExpensesUS$886.90m
EarningsUS$361.70m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)6.65
Gross Margin27.61%
Net Profit Margin8.00%
Debt/Equity Ratio71.8%

How did HUBB perform over the long term?

See historical performance and comparison

Dividends

2.1%

Current Dividend Yield

59%

Payout Ratio

Valuation

Is Hubbell undervalued compared to its fair value and its price relative to the market?

13.5%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: HUBB ($200.05) is trading below our estimate of fair value ($231.26)

Significantly Below Fair Value: HUBB is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: HUBB is poor value based on its PE Ratio (30.1x) compared to the US Electrical industry average (24.5x).

PE vs Market: HUBB is poor value based on its PE Ratio (30.1x) compared to the US market (17.4x).


Price to Earnings Growth Ratio

PEG Ratio: HUBB is poor value based on its PEG Ratio (2.8x)


Price to Book Ratio

PB vs Industry: HUBB is overvalued based on its PB Ratio (5x) compared to the US Electrical industry average (2.7x).


Future Growth

How is Hubbell forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?

10.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: HUBB's forecast earnings growth (10.7% per year) is above the savings rate (2%).

Earnings vs Market: HUBB's earnings (10.7% per year) are forecast to grow slower than the US market (13% per year).

High Growth Earnings: HUBB's earnings are forecast to grow, but not significantly.

Revenue vs Market: HUBB's revenue (3.8% per year) is forecast to grow slower than the US market (9.3% per year).

High Growth Revenue: HUBB's revenue (3.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: HUBB's Return on Equity is forecast to be high in 3 years time (21.6%)


Past Performance

How has Hubbell performed over the past 5 years?

7.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: HUBB has high quality earnings.

Growing Profit Margin: HUBB's current net profit margins (8%) are lower than last year (8.7%).


Past Earnings Growth Analysis

Earnings Trend: HUBB's earnings have grown by 7.5% per year over the past 5 years.

Accelerating Growth: HUBB's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: HUBB had negative earnings growth (-2.5%) over the past year, making it difficult to compare to the Electrical industry average (56.7%).


Return on Equity

High ROE: HUBB's Return on Equity (16.9%) is considered low.


Financial Health

How is Hubbell's financial position?


Financial Position Analysis

Short Term Liabilities: HUBB's short term assets ($1.8B) exceed its short term liabilities ($1.0B).

Long Term Liabilities: HUBB's short term assets ($1.8B) do not cover its long term liabilities ($2.0B).


Debt to Equity History and Analysis

Debt Level: HUBB's net debt to equity ratio (59.5%) is considered high.

Reducing Debt: HUBB's debt to equity ratio has increased from 60.9% to 71.8% over the past 5 years.

Debt Coverage: HUBB's debt is well covered by operating cash flow (31.9%).

Interest Coverage: HUBB's interest payments on its debt are well covered by EBIT (10.1x coverage).


Balance Sheet


Dividend

What is Hubbell current dividend yield, its reliability and sustainability?

2.10%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: HUBB's dividend (2.1%) is higher than the bottom 25% of dividend payers in the US market (1.32%).

High Dividend: HUBB's dividend (2.1%) is low compared to the top 25% of dividend payers in the US market (3.44%).


Stability and Growth of Payments

Stable Dividend: HUBB's dividends per share have been stable in the past 10 years.

Growing Dividend: HUBB's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (58.9%), HUBB's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: HUBB's dividends in 3 years are forecast to be well covered by earnings (46.3% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.6yrs

Average management tenure


CEO

Gerben Bakker (56 yo)

2.58yrs

Tenure

US$6,674,686

Compensation

Mr. Gerben W. Bakker serves as President at Hubbell Incorporated since June 6, 2019 and has been its Chief Executive Officer and Director since October 1, 2020 and has been its Chairman since May 4, 2021....


CEO Compensation Analysis

Compensation vs Market: Gerben's total compensation ($USD6.67M) is below average for companies of similar size in the US market ($USD11.18M).

Compensation vs Earnings: Gerben's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Leadership Team

Experienced Management: HUBB's management team is considered experienced (2.6 years average tenure).


Board Members

Experienced Board: HUBB's board of directors are considered experienced (8.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Hubbell Incorporated's employee growth, exchange listings and data sources


Key Information

  • Name: Hubbell Incorporated
  • Ticker: HUBB
  • Exchange: NYSE
  • Founded: 1888
  • Industry: Electrical Components and Equipment
  • Sector: Capital Goods
  • Implied Market Cap: US$10.885b
  • Shares outstanding: 54.41m
  • Website: https://www.hubbell.com

Number of Employees


Location

  • Hubbell Incorporated
  • 40 Waterview Drive
  • Shelton
  • Connecticut
  • 06484-1000
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/17 23:25
End of Day Share Price2022/01/14 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.