NYSE HUBS traded up $0.43 during trading hours on Tuesday, hitting $163.78. The company had a trading volume of 690,183 shares, compared to its average volume of 602,949. HubSpot Inc has a fifty-two week low of $85.65 and a fifty-two week high of $165.41. The company has a market cap of $6.43 billion, a P/E ratio of -160.57 and a beta of 1.92. The company has a current ratio of 3.15, a quick ratio of 3.15 and a debt-to-equity ratio of 1.37.
HubSpot (NYSE:HUBS) last announced its quarterly earnings results 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). HubSpot had a negative net margin of 13.43% and a negative return on equity of 19.13%. The company had revenue of $131.83 million during the quarter, compared to analyst estimates of $126.65 million. During the same quarter in the prior year, the company posted $0.03 earnings per share. The firm’s revenue for the quarter was up 34.9% on a year-over-year basis. On average, sell-side analysts forecast that HubSpot Inc will post -0.97 EPS for the current fiscal year.
Several analysts have recently issued reports on the stock. Zacks Investment Research cut shares of HubSpot from a “buy” rating to a “hold” rating in a research note on Tuesday, January 29th. Deutsche Bank assumed coverage on shares of HubSpot in a research note on Friday, January 25th. They set a “hold” rating and a $150.00 price objective for the company. CIBC reissued a “market perform” rating on shares of HubSpot in a research note on Thursday, January 24th. Oppenheimer boosted their price objective on shares of HubSpot from $150.00 to $160.00 and gave the company an “outperform” rating in a research note on Thursday, November 8th. Finally, Morgan Stanley boosted their price objective on shares of HubSpot from $141.00 to $146.00 and gave the company an “equal weight” rating in a research note on Thursday, November 8th. Eight equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the stock. HubSpot has a consensus rating of “Buy” and a consensus price target of $153.35.
A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Raymond James & Associates grew its stake in shares of HubSpot by 4.0% during the second quarter. Raymond James & Associates now owns 20,444 shares of the software maker’s stock valued at $2,564,000 after acquiring an additional 782 shares in the last quarter. MetLife Investment Advisors LLC grew its stake in shares of HubSpot by 50.2% during the third quarter. MetLife Investment Advisors LLC now owns 24,742 shares of the software maker’s stock valued at $3,735,000 after acquiring an additional 8,264 shares in the last quarter. FNY Investment Advisers LLC acquired a new stake in shares of HubSpot during the third quarter valued at about $452,000. Columbia Partners L.L.C. Investment Management grew its stake in shares of HubSpot by 43.9% during the third quarter. Columbia Partners L.L.C. Investment Management now owns 42,292 shares of the software maker’s stock valued at $6,383,000 after acquiring an additional 12,912 shares in the last quarter. Finally, Rothschild & Co. Asset Management US Inc. grew its stake in shares of HubSpot by 30.3% during the third quarter. Rothschild & Co. Asset Management US Inc. now owns 19,820 shares of the software maker’s stock valued at $2,992,000 after acquiring an additional 4,614 shares in the last quarter. Hedge funds and other institutional investors own 93.77% of the company’s stock.
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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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