Several other analysts have also recently issued reports on the stock. Stephens initiated coverage on shares of HubSpot in a research note on Thursday, January 17th. They issued an overweight rating and a $191.00 target price on the stock. UBS Group cut shares of HubSpot from an outperform rating to a market perform rating in a research note on Thursday, January 24th. CIBC reiterated a market perform rating on shares of HubSpot in a research note on Thursday, January 24th. Guggenheim reiterated a buy rating on shares of HubSpot in a research note on Wednesday, March 20th. Finally, Oppenheimer reiterated a market perform rating on shares of HubSpot in a research note on Thursday, January 24th. Eight research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. The stock presently has an average rating of Buy and a consensus price target of $187.53.
Shares of HUBS stock traded down $0.24 during trading on Wednesday, reaching $181.68. 447,552 shares of the company’s stock traded hands, compared to its average volume of 467,382. The stock has a market capitalization of $7.65 billion, a P/E ratio of -178.12 and a beta of 1.91. The company has a current ratio of 4.03, a quick ratio of 3.01 and a debt-to-equity ratio of 0.83. HubSpot has a 1 year low of $106.95 and a 1 year high of $186.96.
HubSpot (NYSE:HUBS) last posted its earnings results on Tuesday, May 7th. The software maker reported ($0.14) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.24) by $0.10. HubSpot had a negative net margin of 10.81% and a negative return on equity of 10.68%. The business had revenue of $151.80 million for the quarter, compared to analysts’ expectations of $147.47 million. During the same period in the prior year, the company posted $0.15 EPS. The business’s revenue for the quarter was up 32.5% compared to the same quarter last year. On average, equities analysts predict that HubSpot will post -0.94 EPS for the current year.
In other news, Director Ronald S. Gill sold 4,133 shares of the stock in a transaction on Monday, February 11th. The shares were sold at an average price of $166.92, for a total value of $689,880.36. Following the transaction, the director now owns 18,207 shares of the company’s stock, valued at approximately $3,039,112.44. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, insider Hunter Madeley sold 1,005 shares of the stock in a transaction on Thursday, May 2nd. The stock was sold at an average price of $181.00, for a total transaction of $181,905.00. The disclosure for this sale can be found here. Insiders sold a total of 87,896 shares of company stock worth $14,700,297 in the last three months. Insiders own 9.60% of the company’s stock.
Several hedge funds have recently added to or reduced their stakes in HUBS. Dimensional Fund Advisors LP raised its stake in HubSpot by 11.4% during the 3rd quarter. Dimensional Fund Advisors LP now owns 61,990 shares of the software maker’s stock valued at $9,357,000 after acquiring an additional 6,320 shares in the last quarter. AQR Capital Management LLC raised its stake in HubSpot by 32.7% during the 3rd quarter. AQR Capital Management LLC now owns 19,407 shares of the software maker’s stock valued at $2,929,000 after acquiring an additional 4,781 shares in the last quarter. Neuberger Berman Group LLC raised its stake in HubSpot by 35.2% during the 3rd quarter. Neuberger Berman Group LLC now owns 11,130 shares of the software maker’s stock valued at $1,680,000 after acquiring an additional 2,900 shares in the last quarter. Teachers Advisors LLC raised its stake in HubSpot by 30.6% during the 3rd quarter. Teachers Advisors LLC now owns 239,428 shares of the software maker’s stock valued at $36,142,000 after acquiring an additional 56,112 shares in the last quarter. Finally, TIAA CREF Investment Management LLC raised its stake in HubSpot by 358.0% during the 3rd quarter. TIAA CREF Investment Management LLC now owns 362,839 shares of the software maker’s stock valued at $54,771,000 after acquiring an additional 283,609 shares in the last quarter. 91.28% of the stock is currently owned by institutional investors.
HubSpot Company Profile
HubSpot, Inc provides a cloud-based marketing and sales software platform for businesses in the Americas, Europe, and the Asia Pacific. The company’s software platform includes integrated applications, such as customer relationship management, search engine optimization, blogging, Website content management, messaging, chatbots, social media, marketing automation, email, predictive lead scoring, sales productivity, ticketing and helpdesk tools, customer NPS surveys, analytics, and reporting.
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