NYSE:HUBS traded up $0.21 during trading hours on Wednesday, reaching $152.05. 595,980 shares of the stock were exchanged, compared to its average volume of 564,947. The company has a quick ratio of 3.15, a current ratio of 3.15 and a debt-to-equity ratio of 1.37. HubSpot Inc has a twelve month low of $85.65 and a twelve month high of $162.20. The stock has a market capitalization of $6.09 billion, a price-to-earnings ratio of -149.07 and a beta of 1.80.
HubSpot (NYSE:HUBS) last announced its quarterly earnings data on Wednesday, November 7th. The software maker reported ($0.32) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.05 by ($0.37). The company had revenue of $131.83 million during the quarter, compared to analyst estimates of $126.65 million. HubSpot had a negative net margin of 13.43% and a negative return on equity of 19.13%. The firm’s revenue was up 34.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.03 earnings per share. On average, sell-side analysts expect that HubSpot Inc will post -0.98 EPS for the current fiscal year.
Institutional investors have recently bought and sold shares of the business. First Hawaiian Bank acquired a new stake in HubSpot in the fourth quarter valued at $43,000. DekaBank Deutsche Girozentrale raised its stake in HubSpot by 85.6% in the third quarter. DekaBank Deutsche Girozentrale now owns 835 shares of the software maker’s stock valued at $119,000 after buying an additional 385 shares in the last quarter. Flinton Capital Management LLC acquired a new stake in HubSpot in the second quarter valued at $108,000. Penserra Capital Management LLC acquired a new stake in HubSpot in the third quarter valued at $160,000. Finally, Meadow Creek Investment Management LLC acquired a new stake in HubSpot in the second quarter valued at $149,000. Institutional investors own 93.64% of the company’s stock.
HUBS has been the subject of several research reports. Zacks Investment Research upgraded HubSpot from a “hold” rating to a “buy” rating and set a $145.00 price objective for the company in a research note on Wednesday, November 14th. Rosenblatt Securities initiated coverage on HubSpot in a research report on Thursday, October 4th. They issued a “buy” rating and a $170.00 price target for the company. Oppenheimer upped their price target on HubSpot from $150.00 to $160.00 and gave the company an “outperform” rating in a research report on Thursday, November 8th. Raymond James upped their price target on HubSpot from $150.00 to $155.00 and gave the company an “outperform” rating in a research report on Thursday, November 8th. Finally, Morgan Stanley upped their price target on HubSpot from $141.00 to $146.00 and gave the company an “equal weight” rating in a research report on Thursday, November 8th. Five equities research analysts have rated the stock with a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $152.25.
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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.
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