| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 2/6 |
| Past Performance | 2/6 |
| Financial Health | 3/6 |
| Dividends | 5/6 |
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
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$200.05 |
| 52 Week High | US$212.54 |
| 52 Week Low | US$149.07 |
| Beta | 1.23 |
| 1 Month Change | -2.41% |
| 3 Month Change | 5.40% |
| 1 Year Change | 23.06% |
| 3 Year Change | 85.92% |
| 5 Year Change | 70.20% |
| Change since IPO | 2,512.73% |
Recent News & Updates
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...
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...
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...
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...
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
| HUBB | US Electrical | US Market | |
|---|---|---|---|
| 7D | 1.9% | -0.5% | -0.5% |
| 1Y | 23.1% | -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
| HUBB volatility | |
|---|---|
| HUBB Average Weekly Movement | 2.9% |
| Electrical Industry Average Movement | 9.4% |
| Market Average Movement | 6.6% |
| 10% most volatile stocks in US Market | 15.9% |
| 10% least volatile stocks in US Market | 2.4% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1888 | 19,400 | Gerben Bakker | https://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
| HUBB fundamental statistics | |
|---|---|
| Market Cap | US$10.88b |
| Earnings (TTM) | US$361.70m |
| Revenue (TTM) | US$4.52b |
30.1x
P/E Ratio2.4x
P/S RatioIs HUBB overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| HUBB income statement (TTM) | |
|---|---|
| Revenue | US$4.52b |
| Cost of Revenue | US$3.27b |
| Gross Profit | US$1.25b |
| Expenses | US$886.90m |
| Earnings | US$361.70m |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 6.65 |
| Gross Margin | 27.61% |
| Net Profit Margin | 8.00% |
| Debt/Equity Ratio | 71.8% |
How did HUBB perform over the long term?
See historical performance and comparisonDividends
2.1%
Current Dividend Yield59%
Payout RatioValuation
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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/17 23:25 |
| End of Day Share Price | 2022/01/14 00:00 |
| Earnings | 2021/09/30 |
| Annual Earnings | 2020/12/31 |
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.