Hubbell (NYSE:HUBB) Releases FY 2025 Earnings Guidance

Hubbell (NYSE:HUBB) updated its FY 2025 earnings guidance on Tuesday. The company provided EPS guidance of 17.350-17.850 for the period, compared to the consensus EPS estimate of 17.700. The company issued revenue guidance of $5.9 billion-$5.9 billion, compared to the consensus revenue estimate of $6.0 billion.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on HUBB. Mizuho raised their price target on Hubbell from $450.00 to $490.00 and gave the company an “outperform” rating in a research report on Thursday, October 17th. Barclays upped their price target on shares of Hubbell from $402.00 to $475.00 and gave the company an “equal weight” rating in a report on Thursday, December 5th. Deutsche Bank Aktiengesellschaft cut Hubbell from a “buy” rating to a “hold” rating and lowered their target price for the company from $493.00 to $473.00 in a report on Tuesday, November 26th. Morgan Stanley boosted their price target on Hubbell from $407.00 to $445.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 30th. Finally, StockNews.com downgraded shares of Hubbell from a “buy” rating to a “hold” rating in a research note on Tuesday, January 28th. Six research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $471.50.

Hubbell Stock Down 1.1 %

NYSE:HUBB traded down $4.58 during trading hours on Tuesday, hitting $404.15. 741,381 shares of the stock traded hands, compared to its average volume of 577,344. The firm has a 50 day moving average price of $439.29 and a 200 day moving average price of $421.85. The firm has a market cap of $21.69 billion, a price-to-earnings ratio of 29.13, a PEG ratio of 1.45 and a beta of 0.92. Hubbell has a fifty-two week low of $342.85 and a fifty-two week high of $481.35. The company has a current ratio of 1.66, a quick ratio of 1.05 and a debt-to-equity ratio of 0.51.

Hubbell (NYSE:HUBB) last posted its quarterly earnings results on Tuesday, February 4th. The industrial products company reported $4.10 EPS for the quarter, topping the consensus estimate of $4.02 by $0.08. Hubbell had a net margin of 13.33% and a return on equity of 28.81%. Equities research analysts anticipate that Hubbell will post 16.48 earnings per share for the current year.

Hubbell Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Stockholders of record on Friday, February 28th will be paid a dividend of $1.32 per share. This represents a $5.28 dividend on an annualized basis and a dividend yield of 1.31%. The ex-dividend date is Friday, February 28th. Hubbell’s dividend payout ratio (DPR) is presently 38.04%.

Insider Activity at Hubbell

In other Hubbell news, insider Mark Eugene Mikes sold 1,144 shares of the business’s stock in a transaction dated Thursday, November 7th. The stock was sold at an average price of $466.20, for a total value of $533,332.80. Following the completion of the sale, the insider now owns 2,957 shares of the company’s stock, valued at $1,378,553.40. The trade was a 27.90 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.78% of the stock is currently owned by company insiders.

About Hubbell

Hubbell Incorporated, together with its subsidiaries, designs, manufactures, and sells electrical and utility solutions in the United States and internationally. It operates through two segments, Electrical Solutions and Utility Solutions. The Electrical Solution segment offers standard and special application wiring device products, rough-in electrical products, connector and grounding products, lighting fixtures, and other electrical equipment for use in industrial, commercial, and institutional facilities by electrical contractors, maintenance personnel, electricians, utilities, and telecommunications companies, as well as components and assemblies.