Comparing Hubbell (NYSE:HUBB) & SKYX Platforms (NASDAQ:SKYX)

Hubbell (NYSE:HUBB) and SKYX Platforms (NASDAQ:SKYX) are both industrials companies, but which is the superior investment? We will compare the two companies based on the strength of their profitability, earnings, valuation, analyst recommendations, risk, institutional ownership and dividends.

Insider and Institutional Ownership

88.2% of Hubbell shares are owned by institutional investors. Comparatively, 11.8% of SKYX Platforms shares are owned by institutional investors. 0.6% of Hubbell shares are owned by company insiders. Comparatively, 24.2% of SKYX Platforms shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Earnings and Valuation

This table compares Hubbell and SKYX Platforms”s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Hubbell	$5.84 billion	4.15	$887.10 million	$16.89	27.16
SKYX Platforms	$92.01 million	1.88	-$33.42 million	($0.27)	-4.74

Hubbell has higher revenue and earnings than SKYX Platforms. SKYX Platforms is trading at a lower price-to-earnings ratio than Hubbell, indicating that it is currently the more affordable of the two stocks.

Volatility & Risk

Hubbell has a beta of 0.89, meaning that its share price is 11% less volatile than the S&P 500. Comparatively, SKYX Platforms has a beta of -3491.36, meaning that its share price is 349,236% less volatile than the S&P 500.

Analyst Ratings

This is a summary of recent ratings and price targets for Hubbell and SKYX Platforms, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Hubbell	0	4	6	1	2.73
SKYX Platforms	1	0	3	1	2.80

Hubbell currently has a consensus target price of $555.00, indicating a potential upside of 20.97%. SKYX Platforms has a consensus target price of $4.67, indicating a potential upside of 264.58%. Given SKYX Platforms’ stronger consensus rating and higher probable upside, analysts plainly believe SKYX Platforms is more favorable than Hubbell.

Profitability

This table compares Hubbell and SKYX Platforms’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Hubbell	14.49%	27.11%	11.48%
SKYX Platforms	-34.34%	N/A	-49.28%

Summary

Hubbell beats SKYX Platforms on 11 of the 14 factors compared between the two stocks.

About Hubbell

Hubbell Incorporated, together with its subsidiaries, designs, manufactures, and sells electrical and utility solutions in the United States and internationally. It operates through two segments, Electrical Solutions and Utility Solutions. The Electrical Solution segment offers standard and special application wiring device products, rough-in electrical products, connector and grounding products, lighting fixtures, and other electrical equipment for use in industrial, commercial, and institutional facilities by electrical contractors, maintenance personnel, electricians, utilities, and telecommunications companies, as well as components and assemblies. It also designs and manufactures various industrial controls, and communication systems for use in the non-residential and industrial markets, as well as in the oil and gas, and mining industries. This segment sells its products through electrical and industrial distributors, home centers, retail and hardware outlets, lighting showrooms, and residential product-oriented internet sites; and special application products primarily through wholesale distributors to contractors, industrial customers, and original equipment manufacturers. The Utility Solution segment designs, manufactures, and sells electrical distribution, transmission, substation, and telecommunications products, such as arresters, insulators, connectors, anchors, bushings, and enclosures cutoffs and switches; and utility infrastructure products, including smart meters, communications systems, and protection and control devices. This segment sells its products to distributors. Its brand portfolio includes Hubbell, Kellems, Bryant, Burndy, CMC, Bell, TayMac, Wiegmann, Killark, Hawke, Aclara, Fargo, Quazite, Hot Box, etc. The company was founded in 1888 and is headquartered in Shelton, Connecticut.

About SKYX Platforms

SKYX Platforms Corp. provides a series of safe-smart platform technologies. The company’s first and second-generation technologies enable light fixtures, ceiling fans, and other electrically wired products to be installed and plugged into a ceiling’s electrical outlet box. It also provides universal power-plugs and receptacle products. In addition, it offers smart products, such as SkyHome App; sky smart universal power-plug and receptacle; sky-smart plug and play ceiling fans and lightings; and all-in-one smart sky platform. The company was formerly known as SQL Technologies Corp. and changed its name to SKYX Platforms Corp. in June 2022. SKYX Platforms Corp. was incorporated in 2004 and is based in Pompano Beach, Florida.