Hubbell Shares of Hubbell hit a 52-week high of $80.45. The stock's 52-week low of $46.81 was set on Oct. 4. Hubbell's stock trades at a forward P/E of 14.59X; the average for electrical components is 13.64X. For comparison, Jabil ( JBL) and Avnet ( AVT) both have lower forward P/Es of 8.42X and 8.04X, respectively. Seven of the 10 analysts who cover Hubbell rated it buy; three analysts gave the stock a hold rating. Analyst comment: "HUBB reported an acquisition pipeline with more actionable opportunities than ever (maintaining bias to bolt-ons), and noted orders are at or above expectations (broad-based), and based on current trends we would anticipate 2012 revenue growth more at the high end of 4-6% guidance," Oppenheimer analysts wrote in a March 1 report. "HUBB is clearly increasingly focused on international growth opportunities, anchored by Power Systems' manufacturing facilities in Brazil and China, and Electrical Systems' engineering and back-office services center in India." TheStreet Ratings gives Hubbell an A grade with a buy rating and $89.70 price target.
Sturm Ruger Shares of Southport, Conn.-based gun maker hit a 52-week high Monday of $51.33. The stock's 52-week low of $18.65 was set on June 16. Sturm Ruger shares trade at a forward P/E of 17.84X; the average for defense companies is 13.03X. Two of the three analysts who cover Sturm Ruger rate it at buy; one analyst rates it at hold. Analyst comment: "We continue to believe that the major categories benefiting from strong demand are concealed carry/personal protection along with the tactical rifle category," KeyBanc Capital Markets analysts wrote in a March 21 report. "We maintain our BUY rating onSWHC and our HOLD ratings on RGR and CAB." TheStreet Ratings gives Sturm Ruger an A+ grade with a buy rating and $63.46 price target.