A number of other analysts have also issued reports on the company. Stephens began coverage on HubSpot in a report on Thursday, January 17th. They issued an overweight rating and a $191.00 target price on the stock. Morgan Stanley lowered their target price on HubSpot from $148.00 to $141.00 and set an equal weight rating on the stock in a report on Tuesday, October 23rd. Oppenheimer reaffirmed a market perform rating on shares of HubSpot in a report on Thursday, January 24th. UBS Group reaffirmed a hold rating on shares of HubSpot in a report on Wednesday, February 13th. Finally, Bank of America raised their price objective on HubSpot to $160.00 and gave the stock a buy rating in a research report on Wednesday, October 17th. Nine equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has a consensus rating of Buy and an average price target of $170.29.
Shares of HUBS stock opened at $171.92 on Wednesday. The company has a debt-to-equity ratio of 1.30, a quick ratio of 3.01 and a current ratio of 3.01. HubSpot has a fifty-two week low of $101.45 and a fifty-two week high of $180.00.
HubSpot (NYSE:HUBS) last issued its quarterly earnings data 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. The business had revenue of $144.02 million for the quarter, compared to analyst estimates of $137.48 million. HubSpot had a negative return on equity of 17.08% and a negative net margin of 12.44%. The firm’s revenue for the quarter was up 35.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.12 EPS. Research analysts anticipate that HubSpot will post -1.09 earnings per share for the current fiscal year.
In other HubSpot news, insider J Donald Sherman sold 15,000 shares of HubSpot stock in a transaction dated Monday, December 17th. The stock was sold at an average price of $127.08, for a total transaction of $1,906,200.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Ronald S. Gill sold 4,140 shares of HubSpot stock in a transaction dated Monday, December 10th. The stock was sold at an average price of $128.15, for a total value of $530,541.00. Following the transaction, the director now owns 18,214 shares in the company, valued at $2,334,124.10. The disclosure for this sale can be found here. Insiders have sold a total of 74,763 shares of company stock valued at $10,819,780 over the last ninety days. Insiders own 9.60% of the company’s stock.
A number of hedge funds have recently bought and sold shares of HUBS. Ffcm LLC bought a new stake in shares of HubSpot in the fourth quarter valued at about $25,000. Executive Wealth Management LLC bought a new stake in shares of HubSpot in the fourth quarter valued at about $26,000. CWM LLC bought a new stake in shares of HubSpot in the fourth quarter valued at about $40,000. First Hawaiian Bank bought a new stake in shares of HubSpot in the fourth quarter valued at about $43,000. Finally, Mckinley Capital Management LLC Delaware bought a new stake in HubSpot during the fourth quarter worth about $51,000. Hedge funds and other institutional investors own 95.01% 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.
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