Hubbell (NYSE:HUBB) Issues FY 2025 Earnings Guidance

Hubbell (NYSE:HUBB) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 17.350-17.850 for the period, compared to the consensus 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. Hubbell also updated its FY25 guidance to $17.35-17.85 EPS.

Hubbell Price Performance

HUBB traded down $5.11 on Thursday, reaching $394.97. 245,670 shares of the company’s stock were exchanged, compared to its average volume of 600,549. The stock has a market cap of $21.20 billion, a PE ratio of 28.48, a P/E/G ratio of 1.45 and a beta of 0.92. Hubbell has a twelve month low of $346.13 and a twelve month high of $481.35. The stock’s fifty day moving average price is $435.82 and its 200-day moving average price is $422.19. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.66 and a quick ratio of 1.05.

Hubbell (NYSE:HUBB) last issued its earnings results on Tuesday, February 4th. The industrial products company reported $4.10 earnings per share for the quarter, topping the consensus estimate of $4.02 by $0.08. The business had revenue of $1.33 billion for the quarter, compared to analysts’ expectations of $1.41 billion. Hubbell had a return on equity of 28.81% and a net margin of 13.33%. The business’s revenue for the quarter was down .9% compared to the same quarter last year. During the same period in the previous year, the firm posted $3.69 EPS. Sell-side analysts expect that Hubbell will post 16.48 EPS for the current year.

Hubbell Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, March 17th. Shareholders 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 yield of 1.34%. The ex-dividend date is Friday, February 28th. Hubbell’s dividend payout ratio (DPR) is 38.04%.

Analyst Ratings Changes

HUBB has been the topic of several research reports. StockNews.com lowered Hubbell from a “buy” rating to a “hold” rating in a research note on Tuesday, January 28th. Mizuho increased their target price on shares of Hubbell from $450.00 to $490.00 and gave the stock an “outperform” rating in a report on Thursday, October 17th. Sanford C. Bernstein assumed coverage on shares of Hubbell in a report on Tuesday, November 5th. They set an “outperform” rating and a $535.00 target price on the stock. Morgan Stanley increased their price objective on Hubbell from $407.00 to $445.00 and gave the company an “equal weight” rating in a research note on Wednesday, October 30th. Finally, JPMorgan Chase & Co. cut Hubbell from an “overweight” rating to a “neutral” rating and increased their price objective for the company from $385.00 to $454.00 in a research note on Thursday, October 10th. Six equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, Hubbell has a consensus rating of “Hold” and an average price target of $471.50.

Hubbell Company Profile

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.