Net stock price forecast latest net stock price forecast sees

Latest net stock price forecast sees consumer staples maintaining defensive growth, averaging 2.5% gains over the next quarter amid uncertain macroeconomic indicators. Firstly, we acknowledge that Hubbell has a significantly high ROE. Additionally, the company's ROE is higher compared to the industry average of 11% which is quite remarkable. As a result, Hubbell's exceptional 21% net income growth seen over the past five years, doesn't come as a surprise. The author or authors do not own shares in any securities mentioned in this article. Find out about Morningstar’s editorial policies . Analysts’ net stock price forecast expects logistics firms to see a 3% uptick on stronger import-export data from Asia.