Hubbell traded at $504.43 this Wednesday May 6th, decreasing $3.38 or 0.67 percent since the previous trading session. Looking back, over the last four weeks, Hubbell lost 1.03 percent. Over the last 12 months, its price rose by 43.15 percent. Looking ahead, we forecast Hubbell to be priced at 497.85 by the end of this quarter and at 467.43 in one year, according to Trading Economics global macro models projections and analysts expectations.
Hubbell Incorporated is a manufacturer of electrical and utility solutions for a range of customer and end market applications. The Company operates through two segments: Electrical Solutions and Utility Solutions. The Electrical Solutions segment comprises businesses that sell stock and custom products including standard and special application wiring device products, rough-in electrical products, connector and grounding products, lighting fixtures and controls, and other electrical equipment. In addition, certain of its businesses manufactures industrial controls and communication systems used in the non-residential and industrial markets. The Utility Solutions segment consists of businesses that design and manufacture various distribution, transmission, substation, and telecommunications products primarily used by the electric, water, gas and telecommunication utility industries. These offerings include advanced metering infrastructure, meter and edge devices, and software services.