Several research firms recently commented on HUBS. Royal Bank of Canada raised their price target on shares of HubSpot from $138.00 to $147.00 and gave the company a sector perform rating in a report on Thursday, November 8th. Stifel Nicolaus lifted their price objective on shares of HubSpot from $160.00 to $185.00 and gave the company a buy rating in a research note on Wednesday, February 13th. Zacks Investment Research reiterated a hold rating on shares of HubSpot in a research note on Tuesday, November 13th. Oppenheimer reiterated a market perform rating on shares of HubSpot in a research note on Thursday, January 24th. Finally, Jefferies Financial Group lifted their price objective on shares of HubSpot to $200.00 and gave the company a buy rating in a research note on Wednesday, February 13th. Nine investment analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company. HubSpot currently has an average rating of Buy and an average price target of $170.29.
HUBS stock traded down $0.18 during mid-day trading on Thursday, reaching $161.06. The company had a trading volume of 60,232 shares, compared to its average volume of 673,094. HubSpot has a one year low of $101.45 and a one year high of $180.00. The company has a debt-to-equity ratio of 1.30, a quick ratio of 3.01 and a current ratio of 3.01. The stock has a market capitalization of $6.39 billion, a price-to-earnings ratio of -157.90 and a beta of 1.92.
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. As a group, analysts predict that HubSpot will post -1.09 EPS for the current fiscal year.
In related news, CEO Brian Halligan sold 15,277 shares of HubSpot stock in a transaction dated Thursday, December 20th. The stock was sold at an average price of $123.18, for a total value of $1,881,820.86. Following the transaction, the chief executive officer now owns 680,046 shares of the company’s stock, valued at approximately $83,768,066.28. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, General Counsel John P. Kelleher sold 972 shares of HubSpot stock in a transaction dated Thursday, January 3rd. The shares were sold at an average price of $122.60, for a total value of $119,167.20. Following the transaction, the general counsel now directly owns 39,659 shares in the company, valued at approximately $4,862,193.40. The disclosure for this sale can be found here. Over the last quarter, insiders sold 75,783 shares of company stock worth $11,013,363. 9.60% of the stock is owned by company insiders.
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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. 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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