Analysts Offer Predictions for HubSpot Inc’s Q1 2019 Earnings (HUBS)

HubSpot Inc (NYSE:HUBS) – Equities researchers at Piper Jaffray Companies issued their Q1 2019 EPS estimates for HubSpot in a note issued to investors on Wednesday, February 13th, according to Zacks Investment Research. Piper Jaffray Companies analyst A. Zukin expects that the software maker will post earnings per share of ($0.22) for the quarter. Piper Jaffray Companies also issued estimates for HubSpot’s Q2 2019 earnings at ($0.34) EPS, Q3 2019 earnings at ($0.38) EPS, Q4 2019 earnings at ($0.12) EPS and FY2019 earnings at ($1.13) EPS.

HubSpot (NYSE:HUBS) last issued its quarterly earnings results on Tuesday, February 12th. The software maker reported $0.37 EPS for the quarter, topping the Zacks’ consensus estimate of ($0.17) by $0.54. The business had revenue of $144.02 million for the quarter, compared to analyst estimates of $137.48 million. HubSpot had a negative return on equity of 17.08% and a negative net margin of 12.44%. HubSpot’s quarterly revenue was up 35.2% compared to the same quarter last year. During the same period last year, the company posted $0.12 earnings per share.

Other analysts have also issued reports about the company. Bank of America reiterated a “buy” rating and set a $185.00 price target (up from $180.00) on shares of HubSpot in a report on Wednesday, January 23rd. Zacks Investment Research upgraded HubSpot from a “hold” rating to a “buy” rating and set a $145.00 price target on the stock in a report on Wednesday, November 14th. Needham & Company LLC reissued a “buy” rating and issued a $198.00 target price (up from $145.00) on shares of HubSpot in a research report on Wednesday, February 13th. Canaccord Genuity raised their target price on HubSpot from $160.00 to $190.00 and gave the stock a “buy” rating in a research report on Wednesday, February 13th. Finally, Jefferies Financial Group raised their target price on HubSpot to $200.00 and gave the stock a “buy” rating in a research report on Wednesday, February 13th. Nine equities research analysts have rated the stock with a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company. HubSpot currently has a consensus rating of “Buy” and a consensus target price of $170.29.

Shares of HubSpot stock opened at $170.04 on Monday. The firm has a market cap of $6.69 billion, a P/E ratio of -166.71 and a beta of 1.92. HubSpot has a 12 month low of $101.45 and a 12 month high of $180.00. The company has a debt-to-equity ratio of 1.30, a quick ratio of 3.01 and a current ratio of 3.01.

Several hedge funds and other institutional investors have recently made changes to their positions in HUBS. Ffcm LLC purchased a new position in shares of HubSpot in the fourth quarter valued at $25,000. Executive Wealth Management LLC bought a new stake in HubSpot during the fourth quarter valued at $26,000. CWM LLC bought a new stake in HubSpot during the fourth quarter valued at $40,000. First Hawaiian Bank bought a new stake in HubSpot during the fourth quarter valued at $43,000. Finally, Mckinley Capital Management LLC Delaware bought a new stake in HubSpot during the fourth quarter valued at $51,000. Institutional investors own 95.01% of the company’s stock.

In other news, General Counsel John P. Kelleher sold 508 shares of HubSpot stock in a transaction on Tuesday, December 4th. The stock was sold at an average price of $138.54, for a total value of $70,378.32. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, General Counsel John P. Kelleher sold 389 shares of HubSpot stock in a transaction on Monday, February 4th. The shares were sold at an average price of $160.54, for a total value of $62,450.06. The disclosure for this sale can be found here. Over the last quarter, insiders sold 74,763 shares of company stock valued at $10,819,780. 9.60% of the stock is owned by company insiders.

HubSpot Company Profile

HubSpot, Inc provides a cloud-based marketing and sales software platform for businesses in the Americas, Europe, and the Asia Pacific. Its software platform includes integrated applications, such as social media, search engine optimization, blogging, Website content management, marketing automation, email, sales productivity, CRM, analytics, and reporting.