Several equities analysts have recently issued reports on the company. Zacks Investment Research cut HubSpot from a “buy” rating to a “hold” rating in a research report on Wednesday, April 17th. Stifel Nicolaus raised their price objective on HubSpot from $160.00 to $185.00 and gave the stock a “buy” rating in a research note on Wednesday, February 13th. Oppenheimer reissued a “market perform” rating on shares of HubSpot in a research note on Thursday, January 24th. Jefferies Financial Group raised their price objective on HubSpot to $200.00 and gave the stock a “buy” rating in a research note on Wednesday, February 13th. Finally, Deutsche Bank began coverage on HubSpot in a research note on Friday, January 25th. They set a “hold” rating and a $150.00 price objective for the company. Eight analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. The stock has an average rating of “Buy” and an average price target of $175.69.
The stock has a market capitalization of $7.51 billion, a P/E ratio of -179.79 and a beta of 1.90. The company has a debt-to-equity ratio of 1.30, a current ratio of 3.01 and a quick ratio of 3.01.
HubSpot (NYSE:HUBS) last issued its earnings results on Tuesday, February 12th. The software maker reported $0.37 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.17) by $0.54. The business had revenue of $144.02 million during the quarter, compared to analysts’ expectations of $137.48 million. HubSpot had a negative return on equity of 17.08% and a negative net margin of 12.44%. HubSpot’s revenue was up 35.2% compared to the same quarter last year. During the same quarter last year, the firm posted $0.12 earnings per share. Equities research analysts predict that HubSpot Inc will post -1.09 earnings per share for the current fiscal year.
In related news, CEO Brian Halligan sold 25,000 shares of the stock in a transaction on Wednesday, March 20th. The stock was sold at an average price of $168.73, for a total transaction of $4,218,250.00. Following the completion of the sale, the chief executive officer now directly owns 777,390 shares in the company, valued at $131,169,014.70. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, General Counsel John P. Kelleher sold 389 shares of the stock in a transaction on Monday, February 4th. The stock was 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 have sold 87,895 shares of company stock valued at $14,671,594. 9.60% of the stock is owned by corporate insiders.
Several large investors have recently made changes to their positions in the stock. SG Americas Securities LLC bought a new position in HubSpot during the first quarter valued at about $623,000. BNP Paribas Arbitrage SA raised its holdings in HubSpot by 191.0% during the first quarter. BNP Paribas Arbitrage SA now owns 9,473 shares of the software maker’s stock valued at $1,575,000 after buying an additional 6,218 shares in the last quarter. Los Angeles Capital Management & Equity Research Inc. raised its holdings in HubSpot by 8.0% during the first quarter. Los Angeles Capital Management & Equity Research Inc. now owns 16,135 shares of the software maker’s stock valued at $2,682,000 after buying an additional 1,195 shares in the last quarter. Cooper Haims Advisors LLC bought a new position in HubSpot during the first quarter valued at about $1,964,000. Finally, Oppenheimer & Co. Inc. bought a new position in HubSpot during the first quarter valued at about $248,000. Institutional investors and hedge funds own 96.78% of the company’s stock.
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HubSpot Company Profile (NYSE:HUBS)
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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