Hubbell Depreciation And Amortization vs Net Income Analysis

HUBB Stock  USD 407.53  5.26  1.31%   
Hubbell financial indicator trend analysis is much more than just examining Hubbell latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Hubbell is a good investment. Please check the relationship between Hubbell Depreciation And Amortization and its Net Income accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hubbell. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade Hubbell Stock refer to our How to Trade Hubbell Stock guide.

Depreciation And Amortization vs Net Income

Depreciation And Amortization vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Hubbell Depreciation And Amortization account and Net Income. At this time, the significance of the direction appears to have strong relationship.
The correlation between Hubbell's Depreciation And Amortization and Net Income is 0.78. Overlapping area represents the amount of variation of Depreciation And Amortization that can explain the historical movement of Net Income in the same time period over historical financial statements of Hubbell, assuming nothing else is changed. The correlation between historical values of Hubbell's Depreciation And Amortization and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Depreciation And Amortization of Hubbell are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Depreciation And Amortization i.e., Hubbell's Depreciation And Amortization and Net Income go up and down completely randomly.

Correlation Coefficient

0.78
Relationship DirectionPositive 
Relationship StrengthSignificant

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Hubbell financial statement analysis. It represents the amount of money remaining after all of Hubbell operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most indicators from Hubbell's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Hubbell current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hubbell. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade Hubbell Stock refer to our How to Trade Hubbell Stock guide.At present, Hubbell's Sales General And Administrative To Revenue is projected to slightly decrease based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 19.80, whereas Selling General Administrative is forecasted to decline to about 496.6 M.
 2021 2022 2023 2024 (projected)
Gross Profit1.2B1.5B1.9B1.1B
Total Revenue4.2B4.9B5.4B2.8B

Hubbell fundamental ratios Correlations

0.970.990.940.960.890.97-0.170.990.53-0.160.97-0.860.970.950.84-0.480.980.910.970.950.960.520.84-0.65-0.65
0.970.950.840.930.970.88-0.360.980.52-0.350.94-0.90.990.930.83-0.430.990.80.990.910.910.630.81-0.66-0.66
0.990.950.910.930.90.95-0.250.980.58-0.240.94-0.880.960.960.82-0.530.980.870.950.970.980.540.86-0.65-0.65
0.940.840.910.940.70.990.110.90.40.130.9-0.710.840.880.83-0.420.870.960.860.870.910.380.8-0.65-0.65
0.960.930.930.940.840.95-0.10.940.34-0.090.9-0.830.910.920.9-0.360.930.890.950.850.890.590.84-0.77-0.77
0.890.970.90.70.840.77-0.570.940.6-0.560.86-0.910.960.880.75-0.40.950.640.960.860.850.70.77-0.61-0.61
0.970.880.950.990.950.770.030.930.470.040.95-0.770.890.930.8-0.480.920.970.890.920.940.40.8-0.61-0.61
-0.17-0.36-0.250.11-0.1-0.570.03-0.3-0.511.0-0.140.5-0.34-0.24-0.130.07-0.320.22-0.36-0.24-0.19-0.59-0.250.220.22
0.990.980.980.90.940.940.93-0.30.57-0.290.95-0.880.990.940.84-0.460.990.840.990.950.950.610.84-0.66-0.66
0.530.520.580.40.340.60.47-0.510.57-0.50.52-0.580.550.560.24-0.360.570.340.510.650.60.30.51-0.13-0.13
-0.16-0.35-0.240.13-0.09-0.560.041.0-0.29-0.5-0.130.48-0.33-0.23-0.120.06-0.30.24-0.35-0.23-0.18-0.59-0.240.210.21
0.970.940.940.90.90.860.95-0.140.950.52-0.13-0.830.960.960.7-0.550.960.910.910.940.950.380.71-0.49-0.49
-0.86-0.9-0.88-0.71-0.83-0.91-0.770.5-0.88-0.580.48-0.83-0.89-0.89-0.710.47-0.89-0.67-0.89-0.84-0.85-0.63-0.760.70.7
0.970.990.960.840.910.960.89-0.340.990.55-0.330.96-0.890.930.79-0.471.00.810.980.930.920.580.79-0.6-0.6
0.950.930.960.880.920.880.93-0.240.940.56-0.230.96-0.890.930.72-0.540.950.880.920.930.960.490.76-0.57-0.57
0.840.830.820.830.90.750.8-0.130.840.24-0.120.7-0.710.790.72-0.230.80.720.870.720.760.650.89-0.9-0.9
-0.48-0.43-0.53-0.42-0.36-0.4-0.480.07-0.46-0.360.06-0.550.47-0.47-0.54-0.23-0.49-0.48-0.38-0.62-0.590.02-0.180.040.04
0.980.990.980.870.930.950.92-0.320.990.57-0.30.96-0.891.00.950.8-0.490.840.980.950.950.570.82-0.62-0.62
0.910.80.870.960.890.640.970.220.840.340.240.91-0.670.810.880.72-0.480.840.780.850.890.210.71-0.52-0.52
0.970.990.950.860.950.960.89-0.360.990.51-0.350.91-0.890.980.920.87-0.380.980.780.890.90.690.84-0.71-0.71
0.950.910.970.870.850.860.92-0.240.950.65-0.230.94-0.840.930.930.72-0.620.950.850.890.980.390.8-0.52-0.52
0.960.910.980.910.890.850.94-0.190.950.6-0.180.95-0.850.920.960.76-0.590.950.890.90.980.40.84-0.57-0.57
0.520.630.540.380.590.70.4-0.590.610.3-0.590.38-0.630.580.490.650.020.570.210.690.390.40.56-0.66-0.66
0.840.810.860.80.840.770.8-0.250.840.51-0.240.71-0.760.790.760.89-0.180.820.710.840.80.840.56-0.82-0.82
-0.65-0.66-0.65-0.65-0.77-0.61-0.610.22-0.66-0.130.21-0.490.7-0.6-0.57-0.90.04-0.62-0.52-0.71-0.52-0.57-0.66-0.821.0
-0.65-0.66-0.65-0.65-0.77-0.61-0.610.22-0.66-0.130.21-0.490.7-0.6-0.57-0.90.04-0.62-0.52-0.71-0.52-0.57-0.66-0.821.0
Click cells to compare fundamentals

Hubbell Account Relationship Matchups

Hubbell fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets4.9B5.1B5.3B5.4B6.9B7.3B
Short Long Term Debt Total1.6B1.6B1.4B1.4B2.3B2.4B
Total Current Liabilities844.9M948.2M1.1B1.1B1.3B1.4B
Total Stockholder Equity1.9B2.1B2.2B2.4B2.9B3.0B
Property Plant And Equipment Net505.2M519.2M459.5M528M799.7M839.7M
Net Debt1.4B1.3B1.2B1.0B2.0B2.1B
Retained Earnings2.3B2.4B2.6B2.7B3.2B3.3B
Cash182M259.6M286.2M440.5M336.1M228.8M
Non Current Assets Total3.3B3.5B3.4B3.4B4.7B5.0B
Non Currrent Assets Other174.6M173.3M320.8M146.9M138.7M106.2M
Cash And Short Term Investments196.2M268.9M295.6M454.8M348.7M245.3M
Net Receivables683M634.7M675.3M741.6M785.4M824.7M
Common Stock Shares Outstanding54.9M54.7M54.5M54.1M54M48.3M
Liabilities And Stockholders Equity4.9B5.1B5.3B5.4B6.9B7.3B
Non Current Liabilities Total2.1B2.1B2.0B1.9B2.7B2.8B
Inventory633M607.3M662.1M740.7M832.9M874.5M
Other Current Assets62M76.7M66.8M84.3M200.2M210.2M
Other Stockholder Equity13.5M4.9M9.4M(345.2M)6.1M5.8M
Total Liab2.9B3.0B3.0B3.0B4.0B4.2B
Total Current Assets1.6B1.6B1.9B2.0B2.2B2.3B
Intangible Assets781.5M810.6M681.5M669.9M1.2B1.3B
Other Current Liab400.8M386.2M506M508.1M500.4M525.4M
Accounts Payable347.7M378M532.8M529.9M563.5M591.7M
Short Term Debt65.4M153.1M9.7M4.7M148M155.4M
Property Plant And Equipment Gross505.2M519.2M1.2B528M1.4B1.5B
Accumulated Other Comprehensive Income(332.9M)(329.2M)(330.8M)(345.2M)(312.4M)(296.8M)
Other Liab519.9M614.6M540.1M420.7M483.8M274.0M
Other Assets55.3M246M320.8M31.9M36.7M34.9M
Long Term Debt1.5B1.4B1.4B1.4B2.0B2.1B
Good Will1.8B1.9B1.9B2.0B2.5B2.7B
Property Plant Equipment505.2M519.2M459.5M528M607.2M419.5M
Current Deferred Revenue31M30.9M16.7M45.8M111.5M117.1M
Short Term Investments14.2M9.3M9.4M14.3M12.6M24.7M
Net Tangible Assets(646.2M)(663.9M)(323M)390.4M351.4M229.1M
Noncontrolling Interest In Consolidated Entity13.4M15.4M10.9M9.7M11.2M11.3M
Retained Earnings Total Equity2.3B2.4B2.6B2.7B3.1B2.2B
Long Term Debt Total1.5B1.4B1.4B1.4B1.7B1.1B

Hubbell Investors Sentiment

The influence of Hubbell's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Hubbell. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Hubbell's public news can be used to forecast risks associated with an investment in Hubbell. The trend in average sentiment can be used to explain how an investor holding Hubbell can time the market purely based on public headlines and social activities around Hubbell. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Hubbell's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Hubbell's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Hubbell's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Hubbell.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Hubbell in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Hubbell's short interest history, or implied volatility extrapolated from Hubbell options trading.

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When determining whether Hubbell offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Hubbell's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Hubbell Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Hubbell Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hubbell. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
For information on how to trade Hubbell Stock refer to our How to Trade Hubbell Stock guide.
Note that the Hubbell information on this page should be used as a complementary analysis to other Hubbell's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stocks Directory module to find actively traded stocks across global markets.

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When running Hubbell's price analysis, check to measure Hubbell's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hubbell is operating at the current time. Most of Hubbell's value examination focuses on studying past and present price action to predict the probability of Hubbell's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hubbell's price. Additionally, you may evaluate how the addition of Hubbell to your portfolios can decrease your overall portfolio volatility.
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Is Hubbell's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hubbell. If investors know Hubbell will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hubbell listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.633
Dividend Share
4.58
Earnings Share
14.07
Revenue Per Share
100.241
Quarterly Revenue Growth
0.103
The market value of Hubbell is measured differently than its book value, which is the value of Hubbell that is recorded on the company's balance sheet. Investors also form their own opinion of Hubbell's value that differs from its market value or its book value, called intrinsic value, which is Hubbell's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hubbell's market value can be influenced by many factors that don't directly affect Hubbell's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hubbell's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hubbell is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hubbell's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.