Hubbell’s Five-Year Growth Supports StockStory’s Positive View
StockStory points to revenue, earnings-per-share and free-cash-flow gains, while Hubbell shares have lagged the market since March.
Hubbell shares have fallen 3.1% since March, while the S&P 500 gained 21.1%, according to StockStory. The publisher highlighted the company’s five-year growth in revenue and earnings per share as reasons for its positive view.
StockStory said Hubbell’s revenue grew at an annualized rate of 9.8% over the past five years. Earnings per share rose at an 18.9% compound annual growth rate over the same period.
The publisher also cited a 6.1 percentage-point expansion in Hubbell’s free-cash-flow margin over five years. The margin was 14.5% for the trailing 12 months, StockStory said.
StockStory said the stock traded at 21.4 times forward earnings in its report, at a share price of $457.27. As of 17:08 UTC on Sept. 30, Hubbell traded at $458.58, down 0.11% from its previous close.
This article was produced with the help of AI technology.
Source: Yahoo Finance
