A new trading day began on Tuesday, with Hubbell Inc. (NYSE: HUBB) stock price down -2.12% from the previous day of trading, before settling in for the closing price of $449.67. HUBB’s price has ranged from $248.37 to $461.77 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Industrials sector saw sales topped by 4.62%. Meanwhile, its annual earnings per share averaged 7.42%. With a float of $53.48 million, this company’s outstanding shares have now reached $53.73 million.
The extent of productivity of a business whose workforce counts for 18317 workers is very important to gauge. In terms of profitability, gross margin is 33.98%, operating margin of 18.95%, and the pretax margin is 17.21%.
Hubbell Inc. (HUBB) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Electrical Equipment & Parts Industry. The insider ownership of Hubbell Inc. is 0.37%, while institutional ownership is 92.71%. The most recent insider transaction that took place on Aug 09 ’24, was worth 5,868,579. In this transaction Chairman, President & CEO of this company sold 15,677 shares at a rate of $374.34, taking the stock ownership to the 66,415 shares. Before that another transaction happened on Aug 09 ’24, when Company’s Officer proposed sale 15,677 for $374.34, making the entire transaction worth $5,868,545.
Hubbell Inc. (HUBB) Performance Highlights and Predictions
In its latest quarterly report, released on 9/30/2024, the company reported earnings of 3.69 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 3.88 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 7.42% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 17.50% during the next five years compared to 16.51% growth over the previous five years of trading.
Hubbell Inc. (NYSE: HUBB) Trading Performance Indicators
Here are Hubbell Inc.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.13. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.24. Likewise, its price to free cash flow for the trailing twelve months is 33.74.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 13.53, a number that is poised to hit 4.01 in the next quarter and is forecasted to reach 17.70 in one year’s time.
Technical Analysis of Hubbell Inc. (HUBB)
The latest stats from [Hubbell Inc., HUBB] show that its last 5-days average volume of 0.45 million was superior to 0.44 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 37.96%. Additionally, its Average True Range was 10.63.
During the past 100 days, Hubbell Inc.’s (HUBB) raw stochastic average was set at 81.28%, which indicates a significant increase from 48.03% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.72% in the past 14 days, which was lower than the 30.48% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $418.22, while its 200-day Moving Average is $389.15. Now, the first resistance to watch is $449.16. This is followed by the second major resistance level at $458.19. The third major resistance level sits at $472.72. If the price goes on to break the first support level at $425.60, it is likely to go to the next support level at $411.07. Assuming the price breaks the second support level, the third support level stands at $402.04.
Hubbell Inc. (NYSE: HUBB) Key Stats
With a market capitalization of 23.63 billion, the company has a total of 53,681K Shares Outstanding. Currently, annual sales are 5,373 M while annual income is 759,800 K. The company’s previous quarter sales were 1,453 M while its latest quarter income was 213,600 K.
