Hubbell Stock Odds of Future Stock Price Finishing Over 425.42

HUBB Stock  USD 432.04  6.14  1.44%   
Hubbell's future price is the expected price of Hubbell instrument. It is based on its current growth rate as well as the projected cash flow expected by the investors. This tool provides a mechanism to make assumptions about the upside potential and downside risk of Hubbell performance during a given time horizon utilizing its historical volatility. Check out Hubbell Backtesting, Hubbell Valuation, Hubbell Correlation, Hubbell Hype Analysis, Hubbell Volatility, Hubbell History as well as Hubbell Performance.
For information on how to trade Hubbell Stock refer to our How to Trade Hubbell Stock guide.
  
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 15.02. Please specify Hubbell's target price for which you would like Hubbell odds to be computed.

Hubbell Target Price Odds to finish over 425.42

The tendency of Hubbell Stock price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
Current PriceHorizonTarget PriceOdds to stay above $ 425.42  in 90 days
 432.04 90 days 425.42 
about 91.11
Based on a normal probability distribution, the odds of Hubbell to stay above $ 425.42  in 90 days from now is about 91.11 (This Hubbell probability density function shows the probability of Hubbell Stock to fall within a particular range of prices over 90 days) . Probability of Hubbell price to stay between $ 425.42  and its current price of $432.04 at the end of the 90-day period is about 9.77 .
Given the investment horizon of 90 days the stock has the beta coefficient of 1.56 . This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Hubbell will likely underperform. Additionally Hubbell has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial.
   Hubbell Price Density   
       Price  

Predictive Modules for Hubbell

There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Hubbell. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.
Hype
Prediction
LowEstimatedHigh
430.26432.00433.74
Details
Intrinsic
Valuation
LowRealHigh
387.17388.90475.31
Details
14 Analysts
Consensus
LowTargetHigh
307.73338.17375.37
Details
Earnings
Estimates (0)
LowProjected EPSHigh
4.104.024.14
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Hubbell. Your research has to be compared to or analyzed against Hubbell's peers to derive any actionable benefits. When done correctly, Hubbell's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Hubbell.

Hubbell Risk Indicators

For the most part, the last 10-20 years have been a very volatile time for the stock market. Hubbell is not an exception. The market had few large corrections towards the Hubbell's value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold Hubbell, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of Hubbell within the framework of very fundamental risk indicators.
α
Alpha over Dow Jones
-0.03
β
Beta against Dow Jones1.56
σ
Overall volatility
14.48
Ir
Information ratio -0.0089

Hubbell Alerts and Suggestions

In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Hubbell for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Hubbell can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.
Hubbell has a strong financial position based on the latest SEC filings
Over 95.0% of the company shares are owned by institutional investors
On 16th of December 2024 Hubbell paid $ 1.32 per share dividend to its current shareholders
Latest headline from news.google.com: Hubbell Inc. stock underperforms Thursday when compared to competitors - MarketWatch

Hubbell Price Density Drivers

Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Hubbell Stock often depends not only on the future outlook of the current and potential Hubbell's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Hubbell's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding54 M
Cash And Short Term Investments348.7 M

Hubbell Technical Analysis

Hubbell's future price can be derived by breaking down and analyzing its technical indicators over time. Hubbell Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Hubbell. In general, you should focus on analyzing Hubbell Stock price patterns and their correlations with different microeconomic environments and drivers.

Hubbell Predictive Forecast Models

Hubbell's time-series forecasting models is one of many Hubbell's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Hubbell's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.

Things to note about Hubbell

Checking the ongoing alerts about Hubbell for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Hubbell help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Hubbell has a strong financial position based on the latest SEC filings
Over 95.0% of the company shares are owned by institutional investors
On 16th of December 2024 Hubbell paid $ 1.32 per share dividend to its current shareholders
Latest headline from news.google.com: Hubbell Inc. stock underperforms Thursday when compared to competitors - MarketWatch
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 Hubbell Backtesting, Hubbell Valuation, Hubbell Correlation, Hubbell Hype Analysis, Hubbell Volatility, Hubbell History as well as Hubbell Performance.
For information on how to trade Hubbell Stock refer to our How to Trade Hubbell Stock guide.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Is Electrical Components & Equipment space 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
0.095
Dividend Share
4.88
Earnings Share
13.87
Revenue Per Share
105.077
Quarterly Revenue Growth
0.049
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.