Shares of NYSE HUBS traded down $8.49 during midday trading on Friday, reaching $167.73. 247,537 shares of the company traded hands, compared to its average volume of 522,522. HubSpot Inc has a 52 week low of $101.45 and a 52 week high of $180.00. The company has a quick ratio of 3.01, a current ratio of 3.01 and a debt-to-equity ratio of 1.30. The stock has a market cap of $6.91 billion, a P/E ratio of -164.44 and a beta of 1.91.
HubSpot (NYSE:HUBS) last issued its quarterly earnings data on Tuesday, February 12th. The software maker reported $0.37 earnings per share for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $137.48 million. During the same period in the previous year, the business earned $0.12 earnings per share. The company’s revenue was up 35.2% on a year-over-year basis. On average, sell-side analysts anticipate that HubSpot Inc will post -1.09 earnings per share for the current fiscal year.
Several hedge funds and other institutional investors have recently modified their holdings of HUBS. SG Americas Securities LLC raised its stake in shares of HubSpot by 118.4% during the third quarter. SG Americas Securities LLC now owns 6,055 shares of the software maker’s stock valued at $914,000 after purchasing an additional 3,283 shares in the last quarter. Swiss National Bank raised its stake in shares of HubSpot by 1.4% during the third quarter. Swiss National Bank now owns 63,600 shares of the software maker’s stock valued at $9,600,000 after purchasing an additional 900 shares in the last quarter. American International Group Inc. raised its stake in shares of HubSpot by 1.8% during the third quarter. American International Group Inc. now owns 24,054 shares of the software maker’s stock valued at $3,631,000 after purchasing an additional 434 shares in the last quarter. DekaBank Deutsche Girozentrale raised its stake in shares of 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 purchasing an additional 385 shares in the last quarter. Finally, Trexquant Investment LP raised its stake in shares of HubSpot by 82.5% during the third quarter. Trexquant Investment LP now owns 16,848 shares of the software maker’s stock valued at $2,543,000 after purchasing an additional 7,614 shares in the last quarter. Institutional investors and hedge funds own 95.68% of the company’s stock.
Several equities analysts recently issued reports on the company. Guggenheim restated a “buy” rating on shares of HubSpot in a research note on Wednesday. Stifel Nicolaus raised their price objective on HubSpot from $160.00 to $185.00 and gave the stock a “buy” rating in a research note on Wednesday, February 13th. Royal Bank of Canada raised their target price on HubSpot to $167.00 and gave the company a “market perform” rating in a research note on Wednesday, February 13th. JPMorgan Chase & Co. raised their target price on HubSpot to $180.00 and gave the company an “overweight” rating in a research note on Wednesday, February 13th. Finally, Jefferies Financial Group raised their target price on HubSpot to $200.00 and gave the company a “buy” rating in a research note on Wednesday, February 13th. Eight equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $175.31.
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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. The company’s software platform includes integrated applications, such as customer relationship management, search engine optimization, blogging, Website content management, messaging, chatbots, social media, marketing automation, email, predictive lead scoring, sales productivity, ticketing and helpdesk tools, customer NPS surveys, analytics, and reporting.
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