Home News Latest Trend: Hubbell Inc (NYSE: HUBB)

Latest Trend: Hubbell Inc (NYSE: HUBB)

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Hubbell Inc trades as part of the computer hardware industry and is in the technology sector. Hubbell Inc is engaged in designing, manufacturing and sale of electrical and electronic products for non-residential and residential construction, industrial and utility applications. The company’s business segments are Electrical and Power.

Previous Intraday Trading Performance:

The HUBB stock showed a previous change of 4.52% with an open at 118.17 and a close of 121.87. It reached an intraday high of 122.12 and a low of 117.65.

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Liquidity:

The stock has a market cap of $6.6b with 54.5m shares outstanding, of which the float is 53.5m shares. Trading volume reached 422,522 shares compared to its average volume of 331,260 shares. Based on the current average volume and close price, the trading liquidity is good.

Historical Trading Performance:

Over the last five trading days, Hubbell Inc shares returned 4.64% and in the past 30 trading days it returned -2.16%. Over three months, it changed 4.79%. In one year it has changed 15.45% and within that year its 52-week high was 137.67 and its 52-week low was 91.88. HUBB stock is 32.64% above its 52 Week Low.

Our calculations show a 200 day moving average of 115.26 and a 50 day moving average of 121.40. Currently HUBB stock is trading 5.74% above its 200 day moving average.

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Earnings:

The last annual fiscal EPS for the company was reported at 6.54 that ended on 31st of December 2018, which according to the previous close, that is a PE of 18.63. Based on 4 analyst estimates, the consensus EPS for the next quarter is 1.57. The TTM EPS is 7.30, which comes to a TTM PE of 16.69. Historically, the PE high was 33.90 and the PE low was 14.70. If the stock reached its PE low, that would represent a price of 107.34, which is a decrease of -11.92%.

Below was the last reported quarterly diluted earnings per share:

1stQtr of 2019 (Reported on 04/30/2019): 1.32
4thQtr of 2018 (Reported on 02/05/2019): 1.60
3rdQtr of 2018 (Reported on 10/23/2018): 2.06
2ndQtr of 2018 (Reported on 07/24/2018): 1.82
1stQtr of 2018 (Reported on 04/24/2018): 1.05

The dividend per share is currently 3.36, which is a dividend yield of 2.76%. Also, the payout ratio is 46.03%, therefore the dividend is safe according to our calculations.

Base on our calculations, the intrinsic value per share is 118.00, which means it may be overvalued by -3.28%.

Indicators to Watch:

Short-interest was 1,000,611, which was 1.84% of shares outstanding. The short-interest ratio or days-to-cover ratio was 2.93. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 0.96.

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Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 22.44%, return on assets is 7.84%, profit margin is 8.36%, price-to-sales is 1.39 and price-to-book is 3.52.

Company Scores:

All scores are out of six:
 0  :Valuation Score
 3  :Past Performance Score
 3  :Financial Strength Score
 2  :Future Growth Score
 5  :Dividend Score
 2  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.