NYSE:HUBB

Stock Analysis Report

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

2.8%

NYSE:HUBB

4.9%

US Electrical

1.2%

US Market


1 Year Return

2.6%

NYSE:HUBB

-8.2%

US Electrical

1.7%

US Market

HUBB outperformed the Electrical industry which returned -8.2% over the past year.

HUBB matched the United States of America Market (1.7%) over the past year.


Share holder returns

HUBBIndustryMarket
7 Day2.8%4.9%1.2%
30 Day9.4%13.3%4.9%
90 Day14.0%6.1%3.7%
1 Year5.6%2.6%-6.3%-8.2%3.9%1.7%
3 Year45.1%34.2%43.3%34.9%47.2%37.7%
5 Year23.8%9.4%32.5%19.1%60.0%42.4%

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

Valuation

Is Hubbell undervalued based on future cash flows and its price relative to the stock market?

20.38x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Hubbell's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Hubbell's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Hubbell is overvalued based on earnings compared to the US Electrical industry average.

Hubbell is overvalued based on earnings compared to the United States of America market.


Price Based on Expected Growth

Hubbell is poor value based on expected growth next year.


Price Based on Value of Assets

Hubbell is overvalued based on assets compared to the US Electrical industry average.


Next Steps

Future Growth

How is Hubbell expected to perform in the next 1 to 3 years based on estimates from 8 analysts?

11.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Hubbell's revenue is expected to grow by 3.8% yearly, however this is not considered high growth (20% yearly).

Hubbell's earnings are expected to grow by 11.7% yearly, however this is not considered high growth (20% yearly).

Hubbell's revenue growth is positive but not above the United States of America market average.

Hubbell's earnings growth is positive but not above the United States of America market average.

Hubbell's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Hubbell is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).


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

Hubbell's year on year earnings growth rate has been positive over the past 5 years.

Hubbell's 1-year earnings growth exceeds its 5-year average (42.2% vs 0.3%)

Hubbell's earnings growth has exceeded the US Electrical industry average in the past year (42.2% vs 24%).


Return on Equity

Hubbell has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).


Return on Assets

Hubbell used its assets more efficiently than the US Electrical industry average last year based on Return on Assets.


Return on Capital Employed

Hubbell's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Hubbell's financial position?


Financial Position Analysis

Hubbell is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Hubbell's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Hubbell's level of debt (95.8%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (29.8% vs 95.8% today).

Debt is well covered by operating cash flow (32.3%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 8.3x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 1x debt.


Next Steps

Dividend

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

2.46%

Expected Dividend Yield


Dividend Yield and Payments Analysis

Hubbell's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.45%).

Hubbell's dividend is below the markets top 25% of dividend payers in United States of America (3.67%).

Dividends per share have been stable in the past 10 years.

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (2.1x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be well covered by earnings (3x coverage).


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)

6.7yrs

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

Dave's remuneration is about average for companies of similar size in United States of America.

Dave's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

4.3yrs

Average Tenure

54.5yo

Average Age

The tenure for the Hubbell management team is about average.


Board Age and Tenure

6.1yrs

Average Tenure

61yo

Average Age

The tenure for the Hubbell board of directors is about average.


Insider Trading

Hubbell individual insiders have sold more shares than they have bought in the past 3 months.


Recent Insider Transactions

SellUS$194,29906 Aug 19
Kevin Poyck
EntityIndividual
Role
Unit President
Group President of Lighting
Shares1,522
Max PriceUS$127.66
SellUS$254,82206 Aug 19
Stephen Mais
EntityIndividual
Role
Head of Human Resources
Senior Vice President of Human Resources
Shares2,000
Max PriceUS$127.41
BuyUS$62,88506 Aug 19
Neal Keating
EntityIndividual
Role
Member of the Board of Directors
Indpenedent Director
Shares500
Max PriceUS$125.84
SellUS$30,13420 May 19
Kevin Poyck
EntityIndividual
Role
Unit President
Group President of Lighting
Shares247
Max PriceUS$122.00
SellUS$259,95907 May 19
Rodd Ruland
EntityIndividual
Role
Unit President
Group President of Construction & Energy
Shares2,000
Max PriceUS$129.98
SellUS$807,70507 May 19
David Nord
EntityIndividual
Role
Chief Executive Officer
Chairman & CEO
Shares6,219
Max PriceUS$129.88
SellUS$84,04007 May 19
Stephen Mais
EntityIndividual
Role
Head of Human Resources
Senior Vice President of Human Resources
Shares648
Max PriceUS$129.69
BuyUS$101,54830 Oct 18
Neal Keating
EntityIndividual
Role
Member of the Board of Directors
Indpenedent Director
Shares1,000
Max PriceUS$101.56
BuyUS$100,21530 Oct 18
John Malloy
EntityIndividual
Role
Member of the Board of Directors
Independent Director
Shares994
Max PriceUS$100.82

Ownership Breakdown


Management Team

  • Dave Nord (61yo)

    Chairman & CEO

    • Tenure: 6.7yrs
    • Compensation: US$7.62m
  • Stephen Mais (55yo)

    Senior Vice President of Human Resources

    • Tenure: 3.3yrs
  • 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: 5.6yrs
    • Compensation: US$219.91k
  • Dave Nord (61yo)

    Chairman & CEO

    • Tenure: 6.7yrs
    • Compensation: US$7.62m
  • John Russell (61yo)

    Independent Director

    • Tenure: 8.1yrs
    • Compensation: US$231.91k
  • Neal Keating (64yo)

    Indpenedent Director

    • Tenure: 9yrs
    • Compensation: US$214.91k
  • Carlos Cardoso (61yo)

    Independent Director

    • Tenure: 6.7yrs
    • Compensation: US$231.91k
  • John Malloy (64yo)

    Independent Director

    • Tenure: 8.3yrs
    • Compensation: US$217.91k
  • Judy Marks (55yo)

    Independent Director

    • Tenure: 3.7yrs
    • Compensation: US$209.91k
  • Tony Guzzi (55yo)

    Lead Director

    • Tenure: 0yrs
    • Compensation: US$233.25k
  • Bonnie Cruickshank-Lind (61yo)

    Director

    • Tenure: 0.7yrs

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$7.502b
  • Shares outstanding: 54.41m
  • Website: https://www.hubbell.com

Number of Employees


Location

  • Hubbell Incorporated
  • 40 Waterview Drive
  • Shelton
  • Connecticut
  • 6484
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
HUECDB (Deutsche Boerse AG)YesCommon StockDEEURJan 1968
HUBBNYSE (New York Stock Exchange)YesCommon StockUSUSDJan 1968
HUBB *BMV (Bolsa Mexicana de Valores)YesCommon StockMXMXNJan 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/15 01:25
End of Day Share Price2019/09/13 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.