Hubbell Inc (NYSE: HUBB) is -15.38% lower on its value in year-to-date trading and has touched a low of $337.97 and a high of $481.35 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The HUBB stock was last observed hovering at around $346.28 in the last trading session, with the day’s gains setting it 8.19%.
Currently trading at $354.47, the stock is -6.08% and -12.88% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.08 million and changing 2.37% at the moment leaves the stock -13.21% off its SMA200. HUBB registered -6.88% loss for a year compared to 6-month gain of -5.42%.
The stock witnessed a -11.40% loss in the last 1 month and extending the period to 3 months gives it a -22.57%, and is -4.61% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.35% over the week and 2.85% over the month.
Hubbell Inc (HUBB) has around 17700 employees, a market worth around $19.02B and $5.63B in sales. Current P/E ratio is 24.67 and Fwd P/E is 18.61. Profit margin for the company is 13.79%. Distance from 52-week low is 4.88% and -26.36% from its 52-week high. The company has generated returns on investments over the last 12 months (16.08%).
with sales reaching $1.39B over the same period.The EPS is expected to grow by 6.47% this year, but quarterly earnings will post 4.61% year-over-year. Quarterly sales are estimated to shrink -0.63% in year-over-year returns.
Hubbell Inc (HUBB) Top Institutional Holders
The shares outstanding are 53.76M, and float is at 53.45M with Short Float at 3.81%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 6.54 million shares valued at $2.39 billion. The investor’s holdings represent 12.1748% of the HUBB Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 4.95 million shares valued at $1.81 billion to account for 9.2181 of the shares outstanding. The other top investors are FMR LLC which holds 2.35 million shares representing 4.3671% and valued at over $857.09 million, while STATE STREET CORP holds 3.8542 of the shares totaling 2.07 million with a market value of $756.44 million.
Hubbell Inc (HUBB) Insider Activity
The most recent transaction is an insider sale by FLYNN ALYSSA R, the company’s Chief Human Resources Officer. SEC filings show that FLYNN ALYSSA R sold 1,164 shares of the company’s common stock on Feb 20 ’25 at a price of $389.06 per share for a total of $0.45 million. Following the sale, the insider now owns 4327.0 shares.
Still, SEC filings show that on Dec 10 ’24, Malloy John F (Director) acquired 461 shares at an average price of $446.96 for $0.21 million. The insider now directly holds 18,628 shares of Hubbell Inc (HUBB).
