Hubbell Incorporated (HUBB) has shown a
steady performance in its financials with a
solid revenue of $5.6B encouraging a
consistent dividend payout of $1.32. The share price had a
blip with a drop of 3.67% on Apr 21, but recovered to a rise of 3.84% on Apr 24. Meanwhile,
Wall Street is awaiting Hubbell to announce its Q1 performance and there are expectations of earnings growth. Amidst this,
Goldman Sachs is advocating HUBB as an undervalued stock worth investing in, while some shareholders indicate restlessness over its P/E ratio. A new
$500M share repurchase program has been unveiled, indicating confidence in the stock, despite earnings growth rate lagging the 28% CAGR delivered to shareholders.
Q4 sales were reported below analyst estimates. In recent events, a new
$1 billion credit facility was secured, Hubbell's president stepped down, and the firm successfully completed the acquisition of Systems Control. While the stock has received mixed reviews from brokerages, it is noteworthy to consider coming earnings announcements to better gauge the direction.
Hubbell Incorporated HUBB News Analytics from Fri, 12 Aug 2016 14:58:47 GMT to Fri, 25 Apr 2025 16:27:08 GMT -
Rating 5
- Innovation 4
- Information 8
- Rumor -2
