(HUBB) Hubbell - Ratings and Ratios

Hubbell Inc (NYSE:HUBB) is a leading global provider of essential electrical and utility solutions, serving a diverse customer base across various industries, including industrial, commercial, institutional, and utility sectors. The companys comprehensive product portfolio encompasses a wide range of electrical and utility products, from standard wiring devices to complex industrial controls and communication systems.

The Electrical Solutions segment is a key driver of the companys growth, offering a broad array of products, including wiring devices, electrical equipment, and industrial controls, to electrical contractors, maintenance personnel, and original equipment manufacturers. The segments products are sold through various channels, including electrical and industrial distributors, home centers, and online platforms.

The Utility Solutions segment is another significant contributor to Hubbells revenue, providing critical infrastructure products, such as electrical distribution and transmission equipment, substation equipment, and telecommunications products, to utility companies and distributors. The segments product portfolio includes well-known brands like Hubbell, Aclara, and Quazite, among others.

With a rich history dating back to 1888, Hubbell has established itself as a trusted and reliable partner in the electrical and utility industries. The companys commitment to innovation, quality, and customer satisfaction has enabled it to maintain a strong market position and drive long-term growth.

Analyzing the , we observe that HUBBs stock price is currently trading above its 20-day and 50-day simple moving averages, indicating a positive short-term trend. The stocks relative strength is also evident, as it has rebounded from its 52-week low of $314.89. However, the stock is still below its 52-week high of $467.52, suggesting potential for further upside. With an average true range (ATR) of 2.71%, the stocks volatility is relatively moderate.

From a fundamental perspective, reveals that Hubbell has a market capitalization of $20.85 billion, with a price-to-earnings (P/E) ratio of 26.39 and a forward P/E of 22.12. The companys return on equity (RoE) stands at 24.97%, indicating a strong ability to generate profits. Based on these metrics, we can forecast that HUBBs stock price is likely to continue its upward trajectory, driven by the companys solid earnings growth and improving profitability.

Using a combination of and , our forecast suggests that HUBBs stock price could potentially reach $420-$450 in the next 6-12 months, representing a 7-15% upside from current levels. This forecast is based on the companys strong brand portfolio, diversified product offerings, and improving financial performance, as well as the positive technical trend and moderate volatility.