HubSpot Inc (NYSE:HUBS) – Stock analysts at William Blair issued their Q1 2019 EPS estimates for shares of HubSpot in a report issued on Wednesday, February 13th, Zacks Investment Research reports. William Blair analyst B. Suri expects that the software maker will post earnings of ($0.22) per share 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 brokerages also recently weighed in on HUBS. Deutsche Bank upped their price target on shares of HubSpot from $150.00 to $168.00 and gave the stock a “hold” rating in a report on Wednesday, February 13th. Bank of America upped their price target on shares of HubSpot from $185.00 to $205.00 and gave the stock a “buy” rating in a report on Wednesday, February 13th. Canaccord Genuity increased their price objective on shares of HubSpot from $160.00 to $190.00 and gave the company a “buy” rating in a research note on Wednesday, February 13th. Raymond James increased their price objective on shares of HubSpot from $155.00 to $181.00 and gave the company an “outperform” rating in a research note on Wednesday, February 13th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $198.00 price objective (up previously from $145.00) on shares of HubSpot in a research note on Wednesday, February 13th. Nine equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $170.29.
Shares of HubSpot stock traded down $7.93 on Monday, reaching $163.99. 1,134,843 shares of the stock were exchanged, compared to its average volume of 684,095. HubSpot has a one year low of $101.45 and a one year high of $180.00. The company has a current ratio of 3.01, a quick ratio of 3.01 and a debt-to-equity ratio of 1.30. The company has a market cap of $6.69 billion, a PE ratio of -160.77 and a beta of 1.92.
HubSpot (NYSE:HUBS) last issued its quarterly earnings results on Tuesday, February 12th. The software maker reported $0.37 earnings per share for the quarter, topping 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 company had revenue of $144.02 million during the quarter, compared to the consensus estimate of $137.48 million. During the same quarter in the prior year, the firm posted $0.12 EPS. The firm’s quarterly revenue was up 35.2% on a year-over-year basis.
In other news, CEO Brian Halligan sold 15,277 shares of the firm’s stock in a transaction on Thursday, December 20th. The shares were sold at an average price of $123.18, for a total transaction of $1,881,820.86. Following the completion of the transaction, the chief executive officer now owns 680,046 shares of the company’s stock, valued at $83,768,066.28. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Hunter Madeley sold 1,138 shares of the firm’s stock in a transaction on Monday, March 4th. The shares were sold at an average price of $172.75, for a total transaction of $196,589.50. Following the transaction, the insider now directly owns 40,663 shares of the company’s stock, valued at approximately $7,024,533.25. The disclosure for this sale can be found here. Insiders have sold 76,291 shares of company stock valued at $11,083,742 in the last ninety days. Insiders own 9.60% of the company’s stock.
Several institutional investors and hedge funds have recently bought and sold shares of the company. Advisor Group Inc. increased its position in shares of HubSpot by 10.3% during the fourth quarter. Advisor Group Inc. now owns 1,060 shares of the software maker’s stock worth $133,000 after buying an additional 99 shares during the period. Ffcm LLC acquired a new stake in shares of HubSpot during the fourth quarter worth $25,000. Harbour Capital Advisors LLC increased its position in shares of HubSpot by 1.7% during the fourth quarter. Harbour Capital Advisors LLC now owns 12,037 shares of the software maker’s stock worth $1,513,000 after buying an additional 198 shares during the period. CIBC Private Wealth Group LLC increased its position in shares of HubSpot by 13.0% during the fourth quarter. CIBC Private Wealth Group LLC now owns 1,734 shares of the software maker’s stock worth $218,000 after buying an additional 200 shares during the period. Finally, Executive Wealth Management LLC acquired a new stake in shares of HubSpot during the fourth quarter worth $26,000. Institutional investors own 95.01% of the company’s stock.
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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