Hubbell (HUBB) – Investment Analysts’ Recent Ratings Changes

A number of research firms have changed their ratings and price targets for Hubbell (NYSE: HUBB):

  • 2/9/2018 – Hubbell was upgraded by analysts at Wolfe Research from a “market perform” rating to a “buy” rating. They now have a $160.00 price target on the stock.
  • 2/1/2018 – Hubbell was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $152.00 price target on the stock. According to Zacks, “Hubbell Incorporated is engaged in the design, manufacture and sale of electrical and electronic products to commercial, industrial, utility and telecommunications markets. The Company’s products include plugs, receptacles, connectors, lighting fixtures, high voltage test and measurement equipment and voice and data signal processing components. Hubbell Incorporated is based in SHELTON, United States. “
  • 2/1/2018 – Hubbell had its price target raised by analysts at Morgan Stanley from $134.00 to $153.00. They now have an “overweight” rating on the stock.
  • 1/30/2018 – Hubbell had its “buy” rating reaffirmed by analysts at Oppenheimer Holdings Inc.. They now have a $160.00 price target on the stock.
  • 1/25/2018 – Hubbell was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Hubbell Incorporated is engaged in the design, manufacture and sale of electrical and electronic products to commercial, industrial, utility and telecommunications markets. The Company’s products include plugs, receptacles, connectors, lighting fixtures, high voltage test and measurement equipment and voice and data signal processing components. Hubbell Incorporated is based in SHELTON, United States. “
  • 1/23/2018 – Hubbell was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $155.00 price target on the stock. According to Zacks, “Hubbell Incorporated is engaged in the design, manufacture and sale of electrical and electronic products to commercial, industrial, utility and telecommunications markets. The Company’s products include plugs, receptacles, connectors, lighting fixtures, high voltage test and measurement equipment and voice and data signal processing components. Hubbell Incorporated is based in SHELTON, United States. “
  • 1/18/2018 – Hubbell was upgraded by analysts at JPMorgan Chase & Co. from a “neutral” rating to an “overweight” rating.
  • 1/16/2018 – Hubbell was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $152.00 price target on the stock. According to Zacks, “Hubbell Incorporated is engaged in the design, manufacture and sale of electrical and electronic products to commercial, industrial, utility and telecommunications markets. The Company’s products include plugs, receptacles, connectors, lighting fixtures, high voltage test and measurement equipment and voice and data signal processing components. Hubbell Incorporated is based in SHELTON, United States. “
  • 1/12/2018 – Hubbell was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Hubbell Incorporated is engaged in the design, manufacture and sale of electrical and electronic products to commercial, industrial, utility and telecommunications markets. The Company’s products include plugs, receptacles, connectors, lighting fixtures, high voltage test and measurement equipment and voice and data signal processing components. Hubbell Incorporated is based in SHELTON, United States. “
  • 1/12/2018 – Hubbell was upgraded by analysts at Oppenheimer Holdings Inc. from a “market perform” rating to an “outperform” rating. They now have a $160.00 price target on the stock.
  • 1/4/2018 – Hubbell was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $149.00 price target on the stock. According to Zacks, “Hubbell Incorporated is engaged in the design, manufacture and sale of electrical and electronic products to commercial, industrial, utility and telecommunications markets. The Company’s products include plugs, receptacles, connectors, lighting fixtures, high voltage test and measurement equipment and voice and data signal processing components. Hubbell Incorporated is based in SHELTON, United States. “
  • 1/2/2018 – Hubbell was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Hubbell Incorporated is engaged in the design, manufacture and sale of electrical and electronic products to commercial, industrial, utility and telecommunications markets. The Company’s products include plugs, receptacles, connectors, lighting fixtures, high voltage test and measurement equipment and voice and data signal processing components. Hubbell Incorporated is based in SHELTON, United States. “
  • 12/28/2017 – Hubbell had its “hold” rating reaffirmed by analysts at JPMorgan Chase & Co..
  • 12/26/2017 – Hubbell was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $151.00 price target on the stock. According to Zacks, “Hubbell Incorporated is engaged in the design, manufacture and sale of electrical and electronic products to commercial, industrial, utility and telecommunications markets. The Company’s products include plugs, receptacles, connectors, lighting fixtures, high voltage test and measurement equipment and voice and data signal processing components. Hubbell Incorporated is based in SHELTON, United States. “
  • 12/20/2017 – Hubbell had its “buy” rating reaffirmed by analysts at Wells Fargo & Co. They now have a $143.00 price target on the stock, up previously from $136.00.

Shares of Hubbell Incorporated (NYSE HUBB) opened at $133.32 on Tuesday. Hubbell Incorporated has a twelve month low of $109.32 and a twelve month high of $149.03. The stock has a market capitalization of $7,249.91, a PE ratio of 30.30, a P/E/G ratio of 1.84 and a beta of 1.01. The company has a current ratio of 2.27, a quick ratio of 1.37 and a debt-to-equity ratio of 0.60.

Hubbell (NYSE:HUBB) last released its earnings results on Tuesday, January 30th. The industrial products company reported $1.54 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.42 by $0.12. Hubbell had a return on equity of 20.16% and a net margin of 6.63%. The business had revenue of $917.70 million for the quarter, compared to analyst estimates of $901.23 million. During the same quarter in the prior year, the company posted $1.35 earnings per share. Hubbell’s revenue was up 7.4% on a year-over-year basis. analysts expect that Hubbell Incorporated will post 7.2 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 15th. Investors of record on Wednesday, February 28th will be issued a dividend of $0.77 per share. The ex-dividend date is Tuesday, February 27th. This represents a $3.08 annualized dividend and a yield of 2.31%. Hubbell’s payout ratio is presently 70.00%.

Hubbell Incorporated is engaged in the design, manufacture and sale of electrical and electronic products for a range of non-residential and residential construction, industrial and utility applications. The Company’s segments include Electrical and the Power. The Electrical segment consists of businesses that sell stock and custom products, including standard and special application wiring device products, rough-in electrical products, lighting fixtures and controls, components and assemblies for the natural gas distribution market, as well as other electrical equipment.

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