Morgan Stanley analyst Christopher Snyder maintains $Hubbell (HUBB.US)$ with a hold rating, and adjusts the target price from $407 to $445.
According to TipRanks data, the analyst has a success rate of 50.5% and a total average return of 6.2% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Hubbell (HUBB.US)$'s main analysts recently are as follows:
Despite Hubbell falling short of Q3 organic growth forecasts and projecting Q4 figures roughly 350 basis points under the consensus if one excludes the impact of storm-related demand, the market's strong belief in the Utility segment's prospects over the coming year has enabled it to overlook these organic growth shortfalls and a prolonged inventory reduction. While there is a shared optimism for Utility segment improvements in the ensuing twelve months, there is some apprehension regarding the ambitious expectations set for FY25, particularly since Hubbell Utility volumes have grown at merely a 2% compound annual growth rate since 2020, despite numerous favorable conditions within the industry.
Hubbell's performance on margins remains strong, and the concerns regarding a potential margin contraction seem to be unsubstantiated.
The company's Q3 organic results were seen in a fairly positive light amidst a backdrop that has been unforgiving towards revenue shortfalls. This perception is partly due to the company's thematic exposure, which is expected to experience accelerated growth once the current headwinds in telecom and inventory destocking subside.
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
摩根士丹利分析師Christopher Snyder維持$哈勃集團 (HUBB.US)$持有評級,並將目標價從407美元上調至445美元。
根據TipRanks數據顯示,該分析師近一年總勝率為50.5%,總平均回報率為6.2%。
此外,綜合報道,$哈勃集團 (HUBB.US)$近期主要分析師觀點如下:
儘管Hubbell未達到第三季度的有機增長預期,並且如果排除與風暴相關的需求的影響,預計第四季度的數字將比共識低約350個點子,但市場對公用事業板塊來年前景的堅定信念使其得以忽視這些有機增長不足和長期庫存減少。儘管人們普遍對公用事業板塊在接下來的十二個月中的改善持樂觀態度,但有人對25財年設定的雄心勃勃的預期感到擔憂,尤其是自2020年以來,儘管該行業存在許多有利條件,但哈貝爾公用事業的銷量仍僅以2%的複合年增長率增長。
Hubbell的利潤率表現仍然強勁,對潛在利潤收縮的擔憂似乎沒有根據。
在收入短缺的背景下,該公司第三季度的有機業績表現相當樂觀。這種看法部分歸因於該公司的主題敞口,一旦當前電信和庫存去庫存的不利因素消退,預計該公司的主題風險敞口將加速增長。
提示:
TipRanks為獨立第三方,提供金融分析師的分析數據,並計算分析師推薦的平均回報率和勝率。提供的信息並非投資建議,僅供参考。本文不對評級數據和報告的完整性與準確性做出認可、聲明或保證。
TipRanks提供每位分析師的星級,分析師星級代表分析師所有推薦的過往表現,通過分析師的總勝率和平均回報率综合計算得出,星星越多,則該分析師過往表現越優異,最高爲5颗星。
分析師總勝率為近一年分析師的評級成功次數占總評級次數的比率。評级的成功與否,取決於TipRanks的虚擬投資組合是否從該股票中產生正回報。
總平均回報率為基於分析師的初始評級創建虚擬投資組合,並根據評級變化對組合進行調整,在近一年中該投資組合所獲得的回報率。