HubSpot (NYSE:HUBS) last announced its quarterly earnings results on Wednesday, November 7th. The software maker reported ($0.32) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.05 by ($0.37). HubSpot had a negative net margin of 13.43% and a negative return on equity of 19.13%. The firm had revenue of $131.83 million during the quarter, compared to the consensus estimate of $126.65 million. During the same period in the previous year, the business earned $0.03 earnings per share. The firm’s revenue for the quarter was up 34.9% on a year-over-year basis. On average, analysts expect HubSpot to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.
NYSE HUBS opened at $165.44 on Friday. HubSpot has a 52-week low of $85.65 and a 52-week high of $166.07. The company has a quick ratio of 3.15, a current ratio of 3.15 and a debt-to-equity ratio of 1.37. The firm has a market cap of $6.49 billion, a PE ratio of -162.20 and a beta of 1.92.
In related news, insider Hunter Madeley sold 1,005 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 $161,342.70. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, General Counsel John P. Kelleher sold 972 shares of HubSpot stock in a transaction on Thursday, January 3rd. The stock was sold at an average price of $122.60, for a total transaction of $119,167.20. Following the completion of the transaction, the general counsel now owns 39,659 shares in the company, valued at approximately $4,862,193.40. The disclosure for this sale can be found here. In the last quarter, insiders sold 73,770 shares of company stock worth $9,404,275. 9.60% of the stock is owned by corporate insiders.
A number of research firms have recently issued reports on HUBS. Stephens began coverage on shares of HubSpot in a report on Thursday, January 17th. They set an “overweight” rating and a $191.00 price objective for the company. Morgan Stanley dropped their price objective on shares of HubSpot from $148.00 to $141.00 and set an “equal weight” rating for the company in a report on Tuesday, October 23rd. Oppenheimer reaffirmed a “market perform” rating on shares of HubSpot in a report on Thursday, January 24th. Bank of America lifted their price objective on shares of HubSpot to $160.00 and gave the stock a “buy” rating in a report on Wednesday, October 17th. Finally, Royal Bank of Canada lifted their price objective on shares of HubSpot from $138.00 to $147.00 and gave the stock a “sector perform” rating in a report on Thursday, November 8th. Nine investment analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $153.35.
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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.
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