Resources

HUBB – Market expectations are for Uniform ROA to remain stable, and management is optimistic about demand, benefits, and strategies

October 28, 2020

  • Hubbell Incorporated (HUBB:USA) currently trades below corporate averages relative to UAFRS-based (Uniform) earnings, with an 20.0x Uniform P/E. At these levels, the market is pricing in expectations for profitability to remain stable, and management is optimistic about smart grid solutions demand, cross-selling benefits, and their reorganization strategy

  • Specifically, management generated an excitement marker when saying that smart grid solutions demand remained solid. Also, they are confident about the cross-selling benefits to the largest accounts in their electrical segment, and their reorganization strategy of continued trimming and additions