Hubbell Incorporated (HUBB) has garnered significant attention in recent times. Peak Financial Advisors LLC, Insight Wealth Strategies LLC, and Susquehanna Fundamental Investments LLC have all invested significantly in the company. Remarkably, the company's stock has outpaced its own earnings growth over a five-year period, with an astonishing 30% compound annual growth rate (CAGR), rewarding investors who entered five years ago with a 266% return. However, SG Americas Securities LLC and Millennium Management LLC have lessened their stock positions, and JP Morgan Chase has cut Hubbell to 'Neutral'. On the earnings front, HUBB surpassed Q2 estimates, although there were some concerns related to challenging margins. The company also reported strong first quarter earnings, with adjusted EPS beating estimates. Hubbell's performance has led to revised price targets, at times reaching as high as $445.00. The company's own confidence in its growth trajectory has not been unnoticed. Also worth noting, the company announced a quarterly dividend payout for shareholders, which may be a significant factor for those considering buying the stock.
Hubbell Incorporated HUBB News Analytics from Fri, 12 Aug 2016 14:58:47 GMT to Sat, 12 Oct 2024 12:47:31 GMT -
Rating 6
- Innovation -3
- Information 6
- Rumor -2
