Market Cap
US$7.5b
Last Updated
2019/10/23 00:26 UTC
Data Sources
Company Financials +
Executive Summary
Hubbell Incorporated designs, manufactures, and sells electrical and electronic products in the United States and internationally.
Snowflake
Fundamentals
Solid track record established dividend payer.
Similar Companies
Share Price & News
How has Hubbell's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
4.3%
HUBB
2.3%
US Electrical
0.07%
US Market
1 Year Return
34.7%
HUBB
9.7%
US Electrical
8.9%
US Market
Return vs Industry: HUBB exceeded the US Electrical industry which returned 9.7% over the past year.
Return vs Market: HUBB exceeded the US Market which returned 8.9% over the past year.
Shareholder returns
| HUBB | Industry | Market | |
|---|---|---|---|
| 7 Day | 4.3% | 2.3% | 0.07% |
| 30 Day | 3.3% | 2.4% | -0.3% |
| 90 Day | 8.2% | 1.2% | -1.6% |
| 1 Year | 38.6%34.7% | 12.1%9.7% | 11.3%8.9% |
| 3 Year | 40.8%30.2% | 45.0%36.4% | 46.3%36.8% |
| 5 Year | 42.2%25.6% | 37.0%23.2% | 62.1%44.3% |
Price Volatility Vs. Market
How volatile is Hubbell's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 days ago | Simply Wall St
Here's Why We Think Hubbell (NYSE:HUBB) Is Well Worth Watching1 week ago | Simply Wall St
Shareholders Are Loving Hubbell Incorporated's (NYSE:HUBB) 2.6% Yield3 weeks ago | Simply Wall St
Why You Should Like Hubbell Incorporated’s (NYSE:HUBB) ROCEValuation
Is Hubbell undervalued compared to its fair value and its price relative to the market?
20.25x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: HUBB ($137) is trading above our estimate of fair value ($122.27)
Significantly Below Fair Value: HUBB is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: HUBB is poor value based on its PE Ratio (20.2x) compared to the Electrical industry average (15.4x).
PE vs Market: HUBB is poor value based on its PE Ratio (20.2x) compared to the US market (17.8x).
Price to Earnings Growth Ratio
PEG Ratio: HUBB is poor value based on its PEG Ratio (1.7x)
Price to Book Ratio
PB vs Industry: HUBB is overvalued based on its PB Ratio (4.1x) compared to the US Electrical industry average (1.6x).
Next Steps
Future Growth
How is Hubbell forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
12.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HUBB's forecast earnings growth (12% per year) is above the savings rate (2.7%).
Earnings vs Market: HUBB's earnings (12% per year) are forecast to grow slower than the US market (14.5% per year).
High Growth Earnings: HUBB's earnings are forecast to grow, but not significantly.
Revenue vs Market: HUBB's revenue (3.6% per year) is forecast to grow slower than the US market (7.2% per year).
High Growth Revenue: HUBB's revenue (3.6% 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 (23%)
Next Steps
Past Performance
How has Hubbell performed over the past 5 years?
0.3%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: HUBB's earnings have grown by 0.3% per year over the past 5 years.
Accelerating Growth: HUBB's earnings growth over the past year (42.2%) exceeds its 5-year average (0.3% per year).
Earnings vs Industry: HUBB earnings growth over the past year (42.2%) exceeded the Electrical industry 16.3%.
Return on Equity
High ROE: HUBB's Return on Equity (20.2%) is considered high.
Return on Assets
ROA vs Industry: HUBB has a higher Return on Assets than the Electrical industry average last year.
Return on Capital Employed
ROCE Improving: HUBB's Return on Capital Employed has declined over the past 3 years.
Next Steps
Financial Health
How is Hubbell's financial position?
Financial Position Analysis
Short Term Liabilities: HUBB's short term assets ($1.7B) exceeds its short term liabilities ($874.1M)
Long Term Liabilities: HUBB's short term assets (1.7B) do not cover its long term liabilities (2.3B)
Debt to Equity History and Analysis
Debt Level: HUBB's debt to equity ratio (95.8%) is considered high
Reducing Debt: HUBB's debt to equity ratio has increased from 29.8% to 95.8% over the past 5 years.
Debt Coverage: HUBB's debt is well covered by operating cash flow (32.3%).
Interest Coverage: HUBB's interest payments on its debt are well covered by EBIT (8.3x coverage).
Balance Sheet
Inventory Level: HUBB has a high level of physical assets or inventory.
Debt Coverage by Assets: HUBB's debt is not covered by short term assets (assets are 1x debt).
Next Steps
Dividend
What is Hubbell's current dividend yield, its reliability and sustainability?
2.45%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: HUBB's dividend (2.45%) is higher than the bottom 25% of dividend payers in the US market (1.45%).
High Dividend: HUBB's dividend (2.45%) is low compared to the top 25% of dividend payers in the US market (3.68%).
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 reasonably low payout ratio (48.6%), HUBB's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: HUBB's dividends in 3 years are forecast to be well covered by earnings (36.7% payout ratio).
Next Steps
Management
What is the CEO of Hubbell's salary, the management and board of directors tenure and is there insider trading?
4.3yrs
Average management tenure
CEO
Dave Nord (61yo)
6.8yrs
Tenure
US$7,620,663
Compensation
Mr. David G. Nord, also known as Dave, has been Chief Executive Officer of Hubbell Inc. since January 1, 2013 and served as its President since June 6, 2012 until June 2019. Mr. Nord has been a Director of ...
CEO Compensation Analysis
Compensation vs. Market: Dave's total compensation ($USD7.62M) is about average for companies of similar size in the US market ($USD6.88M).
Compensation vs Earnings: Dave's compensation has been consistent with company performance over the past year.
Management Age and Tenure
4.3yrs
Average Tenure
54.5yo
Average Age
Experienced Management: HUBB's management team is considered experienced (4.3 years average tenure).
Board Age and Tenure
6.2yrs
Average Tenure
61yo
Average Age
Experienced Board: HUBB's board of directors are considered experienced (6.2 years average tenure).
Insider Trading
Insider Buying: HUBB insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Unit President Group President of Lighting |
| Shares | 1,522 |
| Max Price | US$127.66 |
| Entity | Individual |
| Role | Head of Human Resources Senior Vice President of Human Resources |
| Shares | 2,000 |
| Max Price | US$127.41 |
| Entity | Individual |
| Role | Member of the Board of Directors Indpenedent Director |
| Shares | 500 |
| Max Price | US$125.84 |
| Entity | Individual |
| Role | Unit President Group President of Lighting |
| Shares | 247 |
| Max Price | US$122.00 |
| Entity | Individual |
| Role | Unit President Group President of Construction & Energy |
| Shares | 2,000 |
| Max Price | US$129.98 |
| Entity | Individual |
| Role | Chief Executive Officer Chairman & CEO |
| Shares | 6,219 |
| Max Price | US$129.88 |
| Entity | Individual |
| Role | Head of Human Resources Senior Vice President of Human Resources |
| Shares | 648 |
| Max Price | US$129.69 |
| Entity | Individual |
| Role | Member of the Board of Directors Indpenedent Director |
| Shares | 1,000 |
| Max Price | US$101.56 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 994 |
| Max Price | US$100.82 |
Ownership Breakdown
Management Team
Dave Nord (61yo)
Chairman & CEO
- Tenure: 6.8yrs
- Compensation: US$7.62m
Stephen Mais (55yo)
Senior Vice President of Human Resources
- Tenure: 3.4yrs
Darrin Wegman (51yo)
Group President of Commercial & Industrial
- Tenure: 4.3yrs
- Compensation: US$1.37m
Bill Sperry (57yo)
Executive VP
- Tenure: 7.3yrs
- Compensation: US$2.56m
Joe Capozzoli (44yo)
VP, Controller & Principal Accounting Officer
- Tenure: 0yrs
Gerben Bakker (54yo)
President & COO
- Tenure: 0.3yrs
- Compensation: US$1.97m
Dan Innamorato
Director of Investor Relations
- Tenure: 0yrs
Kevin Poyck (49yo)
Group President of Lighting
- Tenure: 4.3yrs
Rodd Ruland (61yo)
Group President of Construction & Energy
- Tenure: 4.3yrs
- Compensation: US$1.74m
Katherine Lane
VP, General Counsel & Corporate Secretary
- Tenure: 0yrs
Board Members
Steve Shawley (66yo)
Independent Director
- Tenure: 5.7yrs
- Compensation: US$219.91k
Dave Nord (61yo)
Chairman & CEO
- Tenure: 6.8yrs
- Compensation: US$7.62m
John Russell (61yo)
Independent Director
- Tenure: 8.2yrs
- Compensation: US$231.91k
Neal Keating (64yo)
Indpenedent Director
- Tenure: 9.1yrs
- Compensation: US$214.91k
Carlos Cardoso (61yo)
Independent Director
- Tenure: 6.8yrs
- Compensation: US$231.91k
John Malloy (64yo)
Independent Director
- Tenure: 8.3yrs
- Compensation: US$217.91k
Judy Marks (55yo)
Independent Director
- Tenure: 3.8yrs
- Compensation: US$209.91k
Tony Guzzi (55yo)
Lead Director
- Tenure: 0yrs
- Compensation: US$233.25k
Bonnie Cruickshank-Lind (61yo)
Independent Director
- Tenure: 0.8yrs
Company Information
Hubbell Incorporated's company bio, 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
- Market Cap: US$7.454b
- Shares outstanding: 54.41m
- Website: https://www.hubbell.com
Number of Employees
Location
- Hubbell Incorporated
- 40 Waterview Drive
- Shelton
- Connecticut
- 6484
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| HUEC | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Jan 1968 |
| HUBB | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Jan 1968 |
| HUBB * | BMV (Bolsa Mexicana de Valores) | Yes | Common Stock | MX | MXN | Jan 1968 |
Biography
Hubbell Incorporated designs, manufactures, and sells electrical and electronic products in the United States and internationally. It operates through two segments, Electrical and Power. The Electrical seg ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/23 00:26 |
| End of Day Share Price | 2019/10/22 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.