The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Hubbell has an asset utilization ratio of 143.05 percent. This suggests that the company is making $1.43 for each dollar of assets. An increasing asset utilization means that Hubbell is more efficient with each dollar of assets it utilizes for everyday operations.
The successful prediction of Hubbell
stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published
stock prices of traded companies, such as Hubbell, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at
the intrinsic value of Hubbell based on Hubbell hews, social hype, general headline patterns, and widely used
predictive technical indicators. We also calculate exposure to Hubbell's
market risk, different
technical and
fundamental indicators, relevant financial multiples and ratios, and then
comparing them to Hubbell's related companies.
Use Technical Analysis to project Hubbell expected Price
Hubbell technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Hubbell technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Hubbell trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions.
More Info...Hubbell Gross Profit
Hubbell Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Hubbell previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Hubbell Gross Profit growth over the last 10 years. Please check Hubbell's
gross profit and other
fundamental indicators for more details.
Breaking down Hubbell Further
Hubbell reported the previous year's revenue of 4.59
B. Net Income was 402.1
M with profit before overhead, payroll, taxes, and interest of 1.38
B.
| 2017 | 2018 | 2019 | 2020 (projected) |
Consolidated Income | 249.9 M | 366.1 M | 407.4 M | 384.56 M | Direct Expenses | 2.52 B | 3.18 B | 3.24 B | 2.7 B |
Cost of Revenue Breakdown
Hubbell Cost of Revenue is increasing over the years with slightly volatile fluctuation. Cost of Revenue is expected to dwindle to about 3
B. Cost of Revenue usually refers to the aggregate cost of goods produced and sold and services rendered during the reporting period. Hubbell Cost of Revenue is projected to increase significantly based on the last few years of reporting. The past year's Cost of Revenue was at 3.24 Billion
| 2013 | 2.11 Billion |
| 2014 | 2.25 Billion |
| 2015 | 2.3 Billion |
| 2016 | 2.4 Billion |
| 2017 | 2.51 Billion |
| 2018 | 3.18 Billion |
| 2019 | 3.24 Billion |
| 2020 | 3.04 Billion |
Will Hubbell growth be viable after the build-up?
Variance is down to 4.96. It may suggest a possible volatility slip. Hubbell currently demonstrates below-verage downside deviation. It has Information Ratio of 0.0 and Jensen Alpha of -0.03. However, we do advice investors to further question Hubbell expected returns to ensure all indicators are consistent with the current outlook about its relatively low value at risk.
Our Final Perspective on Hubbell
Whereas many other companies under the electrical equipment & parts industry are still a bit expensive, Hubbell may offer a potential longer-term growth to investors. With a relatively neutral outlook on the current economy, it is better to hold off any trading of Hubbell as the current risk-reward utility is not appealing enough. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Hubbell.
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Ellen Johnson is a Member of Macroaxis Editorial Board. Ellen covers public companies in North America, focusing primarily on valuation and volatility. Six years of experience in predictive investment analytics and risk management.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Ellen Johnson do not own shares of Hubbell. Please refer to our
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