Hubbell Inc (NYSE: HUBB) has reported E.P.S. of $4.08 for its third fiscal quarter (ending September 30) versus $3.72 for the same period a year ago — an increase of 10%. For the latest four quarters through September 30, E.P.S. were $13.98 compared to $13.25 a year ago — an increase of 6%.
Recent Price Action
On 10/29/24, Hubbell Inc (NYSE: HUBB) stock declined by -2.1%, closing at $440.12. Moreover, this decline was accompanied by unusually high trading volume at 173% of normal. Relative to the market the stock has been strong over the last nine months but has declined -3.6% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, HUBB is expected to continue to be a major Value Builder.
Hubbell has a current Value Trend Rating of C (Low Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Hubbell has a poor Appreciation Score of 23 but a slightly positive Power Rating of 65, resulting in the Low Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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