Hubbell Stock Price on March 27, 2024

HUBB Stock  USD 401.14  2.86  0.71%   
Below is the normalized historical share price chart for Hubbell extending back to November 05, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Hubbell stands at 401.14, as last reported on the 23rd of May, with the highest price reaching 407.48 and the lowest price hitting 399.31 during the day.
IPO Date
24th of December 2015
200 Day MA
341.5837
50 Day MA
401.7484
Beta
0.959
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Hubbell Stock, it is important to understand the factors that can impact its price. We consider Hubbell very steady. Hubbell holds Efficiency (Sharpe) Ratio of 0.0929, which attests that the entity had a 0.0929% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Hubbell, which you can use to evaluate the volatility of the firm. Please check out Hubbell's Risk Adjusted Performance of 0.0749, market risk adjusted performance of 0.1343, and Downside Deviation of 2.31 to validate if the risk estimate we provide is consistent with the expected return of 0.16%.
  
At present, Hubbell's Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Liabilities And Stockholders Equity is expected to grow to about 7.3 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 48.3 M. . At present, Hubbell's Price To Sales Ratio is projected to increase slightly based on the last few years of reporting. The current year's Price Book Value Ratio is expected to grow to 6.43, whereas Price Earnings Ratio is forecasted to decline to 12.56. Hubbell Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0929

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Estimated Market Risk

 1.75
  actual daily
15
85% of assets are more volatile

Expected Return

 0.16
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.09
  actual daily
7
93% of assets perform better
Based on monthly moving average Hubbell is performing at about 7% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Hubbell by adding it to a well-diversified portfolio.
Price Book
7.4962
Enterprise Value Ebitda
20.0973
Price Sales
4.0139
Shares Float
53.4 M
Dividend Share
4.68

Hubbell Valuation on March 27, 2024

It is possible to determine the worth of Hubbell on a given historical date. On March 27, 2024 Hubbell was worth 414.75 at the beginning of the trading date compared to the closed value of 413.86. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Hubbell stock. Still, in general, we apply an absolute valuation method to find Hubbell's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Hubbell where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Hubbell's related companies.
 Open High Low Close Volume
  412.46    416.56    411.06    413.33    472,565  
03/27/2024
  414.75    415.79    409.40    413.86    275,160  
  415.89    417.21    412.56    415.05    291,185  
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Open Value
414.75
409.50
Downside
413.86
Closing Value
420.00
Upside

Hubbell Trading Date Momentum on March 27, 2024

On March 28 2024 Hubbell was traded for  415.05  at the closing time. The top price for the day was 417.21  and the lowest listed price was  412.56 . The trading volume for the day was 291.2 K. The trading history from March 28, 2024 was a factor to the next trading day price jump. The trading delta at closing time against the next closing price was 0.29% . The trading delta at closing time against the current closing price is 1.28% .

Hubbell Fundamentals Correlations and Trends

By evaluating Hubbell's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Hubbell's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Hubbell financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Hubbell Stock history

Hubbell investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Hubbell is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Hubbell will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Hubbell stock prices may prove useful in developing a viable investing in Hubbell
Last ReportedProjected for Next Year
Common Stock Shares Outstanding54 M48.3 M
Net Income Applicable To Common Shares627.8 M659.2 M

Hubbell Quarterly Net Working Capital

883.8 Million

Hubbell Stock Technical Analysis

Hubbell technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Hubbell technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Hubbell trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Hubbell Period Price Range

Low
March 27, 2024
-0.89  -0.21%
High

 414.75 

     

 413.86 

Hubbell May 23, 2024 Market Strength

Market strength indicators help investors to evaluate how Hubbell stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Hubbell shares will generate the highest return on investment. By undertsting and applying Hubbell stock market strength indicators, traders can identify Hubbell entry and exit signals to maximize returns

Hubbell Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Hubbell's price direction in advance. Along with the technical and fundamental analysis of Hubbell Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Hubbell to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Hubbell offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hubbell's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Hubbell Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hubbell Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hubbell. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade Hubbell Stock refer to our How to Trade Hubbell Stock guide.
Note that the Hubbell information on this page should be used as a complementary analysis to other Hubbell's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

Complementary Tools for Hubbell Stock analysis

When running Hubbell's price analysis, check to measure Hubbell's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hubbell is operating at the current time. Most of Hubbell's value examination focuses on studying past and present price action to predict the probability of Hubbell's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hubbell's price. Additionally, you may evaluate how the addition of Hubbell to your portfolios can decrease your overall portfolio volatility.
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Is Hubbell's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hubbell. If investors know Hubbell will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hubbell listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.19)
Dividend Share
4.68
Earnings Share
13.41
Revenue Per Share
102.314
Quarterly Revenue Growth
0.088
The market value of Hubbell is measured differently than its book value, which is the value of Hubbell that is recorded on the company's balance sheet. Investors also form their own opinion of Hubbell's value that differs from its market value or its book value, called intrinsic value, which is Hubbell's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hubbell's market value can be influenced by many factors that don't directly affect Hubbell's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hubbell's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hubbell is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hubbell's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.