HubSpot Inc (NYSE:HUBS) – Analysts at Oppenheimer issued their Q1 2018 EPS estimates for HubSpot in a report released on Wednesday. Oppenheimer analyst K. Ikeda forecasts that the software maker will post earnings of ($0.27) per share for the quarter. Oppenheimer has a “Outperform” rating and a $93.00 price target on the stock. Oppenheimer also issued estimates for HubSpot’s Q2 2018 earnings at ($0.31) EPS, Q3 2018 earnings at ($0.42) EPS, Q4 2018 earnings at ($0.33) EPS and FY2018 earnings at ($1.33) EPS.
Several other brokerages have also commented on HUBS. Zacks Investment Research raised shares of HubSpot from a “hold” rating to a “buy” rating and set a $99.00 price objective on the stock in a research report on Tuesday, January 2nd. Canaccord Genuity lifted their price objective on shares of HubSpot from $98.00 to $115.00 and gave the stock a “buy” rating in a research report on Wednesday, February 14th. JPMorgan Chase & Co. lifted their price objective on shares of HubSpot from $95.00 to $102.00 and gave the stock an “overweight” rating in a research report on Monday, February 12th. Needham & Company LLC lifted their price objective on shares of HubSpot to $95.00 and gave the stock a “buy” rating in a research report on Thursday, November 2nd. Finally, SunTrust Banks lifted their price objective on shares of HubSpot to $112.00 and gave the stock a “buy” rating in a research report on Wednesday, February 14th. One research analyst has rated the stock with a sell rating, three have given a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average price target of $93.76.
HubSpot (HUBS) opened at $105.75 on Monday. HubSpot has a twelve month low of $56.50 and a twelve month high of $106.50. The firm has a market cap of $3,950.00, a PE ratio of 440.63 and a beta of 2.24. The company has a current ratio of 3.38, a quick ratio of 3.38 and a debt-to-equity ratio of 1.42.
Hedge funds and other institutional investors have recently bought and sold shares of the company. Ameritas Investment Partners Inc. raised its position in shares of HubSpot by 18.5% in the second quarter. Ameritas Investment Partners Inc. now owns 2,955 shares of the software maker’s stock valued at $194,000 after purchasing an additional 462 shares during the period. ETRADE Capital Management LLC bought a new stake in HubSpot during the 3rd quarter worth approximately $203,000. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in HubSpot by 35.2% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,326 shares of the software maker’s stock worth $206,000 after acquiring an additional 606 shares during the period. Raymond James Trust N.A. bought a new stake in HubSpot during the 4th quarter worth approximately $216,000. Finally, Sciencast Management LP bought a new stake in HubSpot during the 4th quarter worth approximately $219,000. 96.60% of the stock is currently owned by institutional investors.
In other news, Director Julia Herendeen sold 1,000 shares of the business’s stock in a transaction that occurred on Friday, December 29th. The shares were sold at an average price of $89.15, for a total value of $89,150.00. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Brian Halligan sold 25,000 shares of the business’s stock in a transaction that occurred on Friday, December 15th. The shares were sold at an average price of $88.30, for a total transaction of $2,207,500.00. Following the completion of the sale, the chief executive officer now directly owns 796,119 shares in the company, valued at approximately $70,297,307.70. The disclosure for this sale can be found here. In the last three months, insiders sold 57,000 shares of company stock worth $5,392,060. Insiders own 12.10% of the company’s stock.
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HubSpot Company Profile
HubSpot, Inc (HubSpot) provides a cloud-based marketing and sales software platform. The Company’s software platform features integrated applications to help businesses attract visitors to their Websites, convert visitors into leads, close leads into customers and delight customers so that they become promoters of those businesses.
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