Hubbell (NYSE:HUBB) Issues FY 2025 Earnings Guidance

Hubbell (NYSE:HUBB) updated its FY 2025 earnings guidance on Tuesday. The company provided EPS guidance of 17.350-17.850 for the period, compared to the consensus EPS estimate of 17.700. The company issued revenue guidance of $5.9 billion-$5.9 billion, compared to the consensus revenue estimate of $6.0 billion.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on HUBB. StockNews.com cut shares of Hubbell from a “buy” rating to a “hold” rating in a research note on Tuesday, January 28th. Wells Fargo & Company decreased their target price on shares of Hubbell from $455.00 to $450.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 7th. Barclays boosted their target price on shares of Hubbell from $402.00 to $475.00 and gave the stock an “equal weight” rating in a research note on Thursday, December 5th. Sanford C. Bernstein began coverage on shares of Hubbell in a research note on Tuesday, November 5th. They set an “outperform” rating and a $535.00 target price on the stock. Finally, Deutsche Bank Aktiengesellschaft cut shares of Hubbell from a “buy” rating to a “hold” rating and decreased their target price for the stock from $493.00 to $473.00 in a research note on Tuesday, November 26th. Six investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat, Hubbell presently has an average rating of “Hold” and a consensus target price of $471.50.

Hubbell Trading Up 0.4 %

Shares of Hubbell stock traded up $1.52 during trading on Tuesday, hitting $410.25. The company’s stock had a trading volume of 254,309 shares, compared to its average volume of 554,678. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.66 and a quick ratio of 1.05. Hubbell has a 52 week low of $342.85 and a 52 week high of $481.35. The stock has a market cap of $22.02 billion, a price-to-earnings ratio of 29.59, a price-to-earnings-growth ratio of 1.45 and a beta of 0.92. The stock has a 50-day moving average price of $439.29 and a two-hundred day moving average price of $421.85.

Hubbell (NYSE:HUBB) last issued its quarterly earnings data on Tuesday, February 4th. The industrial products company reported $4.10 earnings per share for the quarter, topping the consensus estimate of $4.02 by $0.08. Hubbell had a net margin of 13.33% and a return on equity of 28.81%. Equities research analysts anticipate that Hubbell will post 16.48 EPS for the current fiscal year.

Hubbell Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 17th. Investors of record on Friday, February 28th will be issued a $1.32 dividend. The ex-dividend date of this dividend is Friday, February 28th. This represents a $5.28 annualized dividend and a yield of 1.29%. Hubbell’s payout ratio is 38.04%.

Insider Activity at Hubbell

In other news, insider Mark Eugene Mikes sold 1,144 shares of the firm’s stock in a transaction dated Thursday, November 7th. The stock was sold at an average price of $466.20, for a total value of $533,332.80. Following the completion of the sale, the insider now directly owns 2,957 shares in the company, valued at $1,378,553.40. This trade represents a 27.90 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 0.78% of the stock is owned by company insiders.

Hubbell Company Profile

Hubbell Incorporated, together with its subsidiaries, designs, manufactures, and sells electrical and utility solutions in the United States and internationally. It operates through two segments, Electrical Solutions and Utility Solutions. The Electrical Solution segment offers standard and special application wiring device products, rough-in electrical products, connector and grounding products, lighting fixtures, 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.