Hubbell Incorporated (HUBB) has drawn considerable attention, with Wall Street analysts expressing a bullish perspective on its stock. The company announced a substantial $500M share repurchase program, with the previous $260M plan still active, making the firm an attractive buy. However, amid this optimism, fair valuation and limited short-term upside have been observed. Goldman Sachs named Hubbell significant undervalued, given its potential upside of 5.6% and robust dividend yield. Insider trading entails the sale of Hubbell shares by Director Carlos Cardoso and disclosure of details on Hubbell B stock sale. The firm has upcoming key financial updates through a presentation by their CFO, scheduled for May 21 at the Wolfe Conference. Hubbell has revealed underperformance in Q1 earnings and revenues against estimates. Prospective investors are looking to see how this contrasts with the S&P 500's performance. Hubbell's innovation in Power Safety with LineDefender Recloser saw shares rise by 2%, indicating proactive efforts towards product development.
Hubbell Incorporated HUBB News Analytics from Fri, 12 Aug 2016 14:58:47 GMT to Fri, 30 May 2025 05:52:04 GMT -
Rating 4
- Innovation 3
- Information 5
- Rumor -6
