Hubbell Inc
HUBB: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|?% | LOCK|tV@ | LOCK|x<sV#V |
Hubbell Earnings: Share Price Volatility Does Not Mimic This Electrical Behemoth’s Sturdy Earnings
Hubbell reported fourth-quarter results the morning of Feb. 4, with quarterly organic sales declining around 3% year over year and full-year organic sales flat. Its utility solutions segment had the greatest impact on consolidated results, growing revenue over 10% from the $1.1 billion acquisition of Systems Control. Excluding discontinued operations, earnings per share grew just above 2%. We’ve increased our fair value estimate to $383 per share from $365 as a result of the time value of money.
