Deep Dive Into Hubbell Stock: Analyst Perspectives (6 Ratings)
Portfolio Pulse from Benzinga Insights
Hubbell (NYSE:HUBB) received 6 analyst ratings in the last three months, with an average 12-month price target of $335.67, up 4.57% from the previous target of $321.00. Analysts from Barclays, Wells Fargo, TD Cowen, JP Morgan, and Seaport Global have provided updates, with price targets ranging from $325.00 to $351.00. Hubbell's financial performance shows a positive revenue trend with a growth rate of 4.53%, a net margin of 14.51%, an ROE of 7.45%, an ROA of 3.5%, and a healthy debt-to-equity ratio of 0.58.
January 31, 2024 | 12:01 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Hubbell's stock may see positive movement due to the raised average 12-month price target and strong financial performance indicators such as revenue growth, net margin, ROE, ROA, and a low debt-to-equity ratio.
The increase in the average price target by analysts suggests a bullish sentiment towards Hubbell's stock. The positive financial metrics such as revenue growth, net margin, ROE, ROA, and a low debt-to-equity ratio further support the potential for stock appreciation in the short term. The confidence score is high due to the consensus among multiple analysts and the company's strong financial performance.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100