Hubbell Inc HUBB

Morningstar Rating
$466.98 +13.38 (2.95%)
View Full Chart

Company Report

Hubbell's Electrical Components Experience Unprecedented Organic Growth From US Construction

We view Hubbell as an intelligent play on industrial infrastructure spending, particularly from improvements made to the US power grid. The company has one of the most comprehensive offerings across the entire electrical supply chain, from power generation to the end user. In our view, it has wisely chosen to position itself competitively in the highly differentiated electrical components market, avoiding global players that focus on large electrical equipment as well as commoditized portions of the market that sell replicable products like wires and cables.

Price vs Fair Value

HUBB is trading at a LOCK|<@!k>pd premium.
Price
$453.60
Fair Value
F!d
Uncertainty
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1-Star Price
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5-Star Price
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Economic Moat
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Capital Allocation
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Bulls Say, Bears Say

Bulls

Demand for Hubbell’s components is set to outgrow GDP with the replacement and expansion needs of US infrastructure.

Bears

Hubbell’s customer base is concentrated, and the spending patterns of utility companies can have a significant impact on its results.

News

Trading Information

Previous Close Price
$453.60
Day Range
$449.11–469.88
52-Week Range
$403.82–565.50
Bid/Ask
$463.10 / $478.04
Shares Outstanding
52.83M
Market Cap
$24.67B
Volume/Avg
536,706 / 521,706

Key Statistics

Price/Earnings (Normalized)
23.33
Price/Sales
3.88
Dividend Yield (Trailing)
1.25%
Dividend Yield (Forward)
1.25%
Dividend Payment Schedule
Mar, Jun, Sep, Dec
Total Yield
2.10%

Company Profile

Founded in 1888 by Harvey Hubbell, the eponymous company was the conduit through which the pull-chain lamp socket was originally sold. Hubbell has since grown into an electricity transmission and distribution behemoth, housing more than 75 brands that sell components found on power lines, in electrical substations, and in commercial and industrial buildings. The company's primary operations are in the United States, where around 90% of revenue is derived.
Sector
Industrials
Industry
Electrical Equipment & Parts
Stock Style Box
Mid Core
Total Number of Employees
19,400

Competitors

Valuation

Metric
HUBB
SIE
SU
Price/Earnings (Normalized)
23.3326.7031.10
Price/Book Value
6.133.136.71
Price/Sales
3.882.673.97
Price/Cash Flow
20.6718.1922.10
Price/Earnings
HUBB
SIE
SU

Financial Strength

Metric
HUBB
SIE
SU
Quick Ratio
0.831.140.81
Current Ratio
1.611.441.09
Interest Coverage
12.696.4912.31
Quick Ratio
HUBB
SIE
SU

Profitability

Metric
HUBB
SIE
SU
Return on Assets (Normalized)
11.96%5.28%8.90%
Return on Equity (Normalized)
27.61%13.71%22.32%
Return on Invested Capital (Normalized)
16.48%6.47%13.76%
Return on Assets
HUBB
SIE
SU

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