With 0.87 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.71 million shares. The 52-week range on HUBB shows that it touched its highest point at $481.35 and its lowest point at $299.42 during that stretch. It currently has a 1-year price target of $421.40. With its current market cap of 20.78 billion, HUBB has annualized dividend of $5.08 while the current yield stands at 1.30%. Beta for the stock currently stands at 0.98.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of HUBB was up-trending over the past week, with a rise of 0.71%, but this was up by 12.56% over a month. Three-month performance surged to 3.16% while six-month performance fell -12.48%. The stock lost -2.11% in the past year, while it has lost -7.04% so far this year. A look at the trailing 12-month EPS for HUBB yields 14.79 with Next year EPS estimates of 19.09. For the next quarter, that number is 4.45. This implies an EPS growth rate of 5.09% for this year and 9.64% for next year. EPS is expected to grow by 6.45% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 14.51%.
Float and Shares Shorts:
At present, 53.37 million HUBB shares are outstanding with a float of 53.15 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for HUBB since 8 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 7 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $16.58413 being high and $16.42419 being low. For HUBB, this leads to a yearly average estimate of $16.47417. Based on analyst estimates, the high estimate for the next quarter is $5.13 and the low estimate is $4.85. The average estimate for the next quarter is thus $4.97.
