Equities research analysts predict that HubSpot Inc (NYSE:HUBS) will announce earnings per share (EPS) of $0.11 for the current fiscal quarter, according to Zacks Investment Research. Seven analysts have issued estimates for HubSpot’s earnings, with the highest EPS estimate coming in at $0.12 and the lowest estimate coming in at $0.10. HubSpot reported earnings per share of $0.03 during the same quarter last year, which would suggest a positive year-over-year growth rate of 266.7%. The company is scheduled to report its next earnings results on Tuesday, May 1st.
According to Zacks, analysts expect that HubSpot will report full-year earnings of $0.56 per share for the current fiscal year, with EPS estimates ranging from $0.51 to $0.64. For the next year, analysts expect that the business will report earnings of $0.95 per share, with EPS estimates ranging from $0.78 to $1.16. Zacks’ earnings per share averages are a mean average based on a survey of research firms that that provide coverage for HubSpot.
HubSpot (NYSE:HUBS) last released its quarterly earnings results on Tuesday, February 13th. The software maker reported ($0.22) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.24) by $0.02. HubSpot had a negative net margin of 10.57% and a negative return on equity of 16.27%. The business had revenue of $106.54 million during the quarter, compared to the consensus estimate of $101.60 million.
HUBS has been the subject of a number of research reports. Zacks Investment Research raised shares of HubSpot from a “hold” rating to a “buy” rating and set a $99.00 price objective for the company in a report on Tuesday, January 2nd. Morgan Stanley downgraded shares of HubSpot from an “overweight” rating to an “equal” rating in a report on Tuesday, January 30th. JPMorgan Chase lifted their price objective on shares of HubSpot from $95.00 to $102.00 and gave the stock an “overweight” rating in a report on Monday, February 12th. UBS downgraded shares of HubSpot from a “buy” rating to a “neutral” rating and set a $123.00 price objective for the company. in a report on Thursday, March 8th. Finally, Needham & Company LLC lifted their price objective on shares of HubSpot from $95.00 to $110.00 and gave the stock a “buy” rating in a report on Wednesday, February 14th. Six analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $96.19.
In other HubSpot news, CFO John Kinzer sold 20,000 shares of the firm’s stock in a transaction on Monday, March 26th. The stock was sold at an average price of $113.82, for a total value of $2,276,400.00. Following the sale, the chief financial officer now directly owns 85,953 shares in the company, valued at $9,783,170.46. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Hunter Madeley sold 1,000 shares of the firm’s stock in a transaction on Tuesday, April 3rd. The shares were sold at an average price of $108.00, for a total value of $108,000.00. The disclosure for this sale can be found here. Insiders sold 98,500 shares of company stock worth $11,028,935 over the last quarter. 12.10% of the stock is currently owned by company insiders.
Hedge funds have recently bought and sold shares of the business. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of HubSpot by 35.2% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,326 shares of the software maker’s stock valued at $206,000 after purchasing an additional 606 shares in the last quarter. Raymond James Trust N.A. bought a new stake in shares of HubSpot during the fourth quarter valued at about $216,000. Sciencast Management LP bought a new stake in shares of HubSpot during the fourth quarter valued at about $219,000. Advisor Group Inc. raised its stake in shares of HubSpot by 1,524.1% during the fourth quarter. Advisor Group Inc. now owns 3,037 shares of the software maker’s stock valued at $268,000 after purchasing an additional 2,850 shares in the last quarter. Finally, Xact Kapitalforvaltning AB bought a new stake in shares of HubSpot during the fourth quarter valued at about $269,000. Institutional investors own 98.82% of the company’s stock.
HubSpot stock traded up $3.00 during mid-day trading on Tuesday, reaching $111.80. The company’s stock had a trading volume of 235,199 shares, compared to its average volume of 493,360. The company has a market cap of $4,109.51, a PE ratio of -109.61 and a beta of 1.93. The company has a debt-to-equity ratio of 1.42, a current ratio of 3.38 and a quick ratio of 3.38. HubSpot has a twelve month low of $58.85 and a twelve month high of $124.45.
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HubSpot, Inc provides cloud-based marketing and sales software platform that enables businesses to deliver an inbound experience. Its software platform features integrated applications to help businesses to convert visitors into leads, close leads into customers and customers to become promoters of those businesses.
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