HubSpot Inc (NYSE:HUBS) – William Blair issued their Q1 2019 EPS estimates for shares of HubSpot in a research report issued to clients and investors on Wednesday, February 13th. William Blair analyst B. Suri anticipates that the software maker will post earnings per share of ($0.22) for the quarter. William Blair also issued estimates for HubSpot’s Q2 2019 earnings at ($0.31) EPS, Q3 2019 earnings at ($0.37) EPS, Q4 2019 earnings at ($0.17) EPS and FY2019 earnings at ($1.13) EPS.
A number of other analysts have also recently commented on HUBS. Raymond James upped their target price on shares of HubSpot from $155.00 to $181.00 and gave the company an “outperform” rating in a report on Wednesday, February 13th. Zacks Investment Research raised shares of HubSpot from a “hold” rating to a “buy” rating and set a $170.00 target price for the company in a report on Monday, January 28th. Deutsche Bank upped their target price on shares of HubSpot from $150.00 to $168.00 and gave the company a “hold” rating in a report on Wednesday, February 13th. Canaccord Genuity upped their target price on shares of HubSpot from $160.00 to $190.00 and gave the company a “buy” rating in a report on Wednesday, February 13th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $198.00 target price (up from $145.00) on shares of HubSpot in a report on Wednesday, February 13th. Nine research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $170.29.
Shares of HUBS stock opened at $166.09 on Monday. HubSpot has a 12 month low of $101.45 and a 12 month high of $180.00. The company has a market cap of $6.58 billion, a price-to-earnings ratio of -162.83 and a beta of 1.92. The company has a debt-to-equity ratio of 1.30, a current ratio of 3.01 and a quick ratio of 3.15.
HubSpot (NYSE:HUBS) last announced its earnings results on Tuesday, February 12th. The software maker reported $0.37 EPS for the quarter, beating the Zacks’ consensus estimate of ($0.17) by $0.54. HubSpot had a negative net margin of 12.44% and a negative return on equity of 17.08%. The business had revenue of $144.02 million during the quarter, compared to analysts’ expectations of $137.48 million. During the same period in the prior year, the company earned $0.12 earnings per share. The firm’s revenue was up 35.2% on a year-over-year basis.
Several hedge funds and other institutional investors have recently made changes to their positions in HUBS. Ffcm LLC purchased a new position in HubSpot during the fourth quarter valued at $25,000. CWM LLC purchased a new position in HubSpot during the fourth quarter valued at $40,000. First Hawaiian Bank purchased a new position in HubSpot during the fourth quarter valued at $43,000. Mckinley Capital Management LLC Delaware purchased a new position in HubSpot during the fourth quarter valued at $51,000. Finally, DekaBank Deutsche Girozentrale grew its stake in HubSpot by 85.6% during the third quarter. DekaBank Deutsche Girozentrale now owns 835 shares of the software maker’s stock valued at $119,000 after acquiring an additional 385 shares in the last quarter. 93.19% of the stock is owned by hedge funds and other institutional investors.
In other news, Director Ronald S. Gill sold 4,140 shares of the stock in a transaction on Monday, December 10th. The shares were sold at an average price of $128.15, for a total value of $530,541.00. Following the completion of the sale, the director now directly owns 18,214 shares of the company’s stock, valued at $2,334,124.10. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. 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 transaction of $62,450.06. The disclosure for this sale can be found here. Over the last three months, insiders sold 46,763 shares of company stock valued at $6,156,940. Corporate insiders own 9.60% of the company’s stock.
About HubSpot
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.
Recommended Story: Penny Stocks
Receive News & Ratings for HubSpot Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for HubSpot and related companies with MarketBeat.com’s FREE daily email newsletter.