Press coverage about Hubbell (NYSE:HUBB) has trended somewhat positive on Monday, Accern reports. The research group scores the sentiment of press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Hubbell earned a daily sentiment score of 0.18 on Accern’s scale. Accern also gave media headlines about the industrial products company an impact score of 46.1732283669492 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

These are some of the media headlines that may have effected Accern’s analysis:

A number of analysts recently issued reports on the company. BidaskClub upgraded Hubbell from a “strong sell” rating to a “sell” rating in a research report on Friday, September 1st. JMP Securities began coverage on Hubbell in a report on Monday, June 19th. They issued a “market perform” rating on the stock. Zacks Investment Research raised Hubbell from a “sell” rating to a “hold” rating in a research note on Thursday, July 27th. Finally, Wolfe Research assumed coverage on Hubbell in a research report on Tuesday, July 11th. They issued a “market perform” rating on the stock. Four analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $123.67.

Shares of Hubbell (NYSE HUBB) opened at 116.02 on Monday. Hubbell has a 1-year low of $101.15 and a 1-year high of $125.93. The stock’s 50 day moving average is $113.69 and its 200 day moving average is $115.88. The company has a market cap of $6.35 billion, a P/E ratio of 22.01 and a beta of 1.04.

Hubbell (NYSE:HUBB) last issued its quarterly earnings data on Tuesday, July 25th. The industrial products company reported $1.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.40 by $0.11. Hubbell had a net margin of 8.23% and a return on equity of 19.77%. The firm had revenue of $948.30 million for the quarter, compared to analyst estimates of $937.35 million. During the same period in the previous year, the firm earned $1.53 EPS. Hubbell’s revenue was up 4.3% on a year-over-year basis. On average, analysts predict that Hubbell will post $5.51 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Friday, September 15th. Shareholders of record on Thursday, August 31st were given a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a dividend yield of 2.41%. The ex-dividend date of this dividend was Tuesday, August 29th. Hubbell’s dividend payout ratio is presently 53.03%.

WARNING: “Hubbell (HUBB) Earning Somewhat Positive Press Coverage, Accern Reports” was posted by Watch List News and is the sole property of of Watch List News. If you are accessing this piece on another domain, it was illegally copied and reposted in violation of U.S. & international copyright legislation. The legal version of this piece can be viewed at https://www.watchlistnews.com/hubbell-hubb-earning-somewhat-positive-press-coverage-accern-reports/1602046.html.

About Hubbell

Hubbell Incorporated is engaged in the design, manufacture and sale of electrical and electronic products for a range of non-residential and residential construction, industrial and utility applications. The Company’s segments include Electrical and the Power. The Electrical segment consists of businesses that sell stock and custom products, including standard and special application wiring device products, rough-in electrical products, lighting fixtures and controls, components and assemblies for the natural gas distribution market, as well as other electrical equipment.

Insider Buying and Selling by Quarter for Hubbell (NYSE:HUBB)

Receive News & Ratings for Hubbell Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hubbell Inc and related companies with Analyst Ratings Network's FREE daily email newsletter.