Shares of HubSpot, Inc. (NYSE:HUBS) have received a consensus rating of “Buy” from the eighteen ratings firms that are presently covering the company, MarketBeat.com reports. Seven analysts have rated the stock with a hold rating, seven have issued a buy rating and two have issued a strong buy rating on the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $111.36.
A number of research analysts have issued reports on HUBS shares. Zacks Investment Research upgraded HubSpot from a “sell” rating to a “hold” rating in a research note on Tuesday, March 20th. Stifel Nicolaus upped their price objective on HubSpot from $110.00 to $115.00 and gave the company a “buy” rating in a research note on Monday, May 7th. ValuEngine upgraded HubSpot from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, May 8th. JPMorgan Chase upped their price objective on HubSpot from $95.00 to $102.00 and gave the company an “overweight” rating in a research note on Monday, February 12th. Finally, Royal Bank of Canada restated a “sector perform” rating and issued a $119.00 price objective (up previously from $104.00) on shares of HubSpot in a research note on Monday, April 23rd.
In other HubSpot news, Director Julia Herendeen sold 495 shares of the firm’s stock in a transaction dated Monday, April 16th. The stock was sold at an average price of $111.55, for a total value of $55,217.25. Following the completion of the transaction, the director now owns 4,899 shares in the company, valued at approximately $546,483.45. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Dharmesh Shah sold 23,000 shares of the firm’s stock in a transaction dated Tuesday, May 15th. The stock was sold at an average price of $108.19, for a total value of $2,488,370.00. The disclosure for this sale can be found here. Insiders have sold a total of 118,793 shares of company stock valued at $13,486,224 in the last quarter. 9.60% of the stock is owned by corporate insiders.
A number of hedge funds and other institutional investors have recently modified their holdings of HUBS. Bank of Montreal Can bought a new position in HubSpot in the 4th quarter worth about $1,343,000. Schwab Charles Investment Management Inc. boosted its stake in HubSpot by 7.4% in the 4th quarter. Schwab Charles Investment Management Inc. now owns 163,311 shares of the software maker’s stock worth $14,437,000 after purchasing an additional 11,237 shares during the period. Harbour Capital Advisors LLC boosted its stake in HubSpot by 6.0% in the 4th quarter. Harbour Capital Advisors LLC now owns 12,525 shares of the software maker’s stock worth $1,107,000 after purchasing an additional 705 shares during the period. Jennison Associates LLC boosted its stake in HubSpot by 135.8% in the 4th quarter. Jennison Associates LLC now owns 1,273,084 shares of the software maker’s stock worth $112,541,000 after purchasing an additional 733,246 shares during the period. Finally, Dupont Capital Management Corp boosted its stake in HubSpot by 126.9% in the 4th quarter. Dupont Capital Management Corp now owns 16,761 shares of the software maker’s stock worth $1,482,000 after purchasing an additional 9,375 shares during the period. Institutional investors and hedge funds own 97.03% of the company’s stock.
HubSpot opened at $114.05 on Friday, according to MarketBeat.com. The firm has a market capitalization of $4.38 billion, a P/E ratio of -111.81 and a beta of 1.94. HubSpot has a 12 month low of $63.00 and a 12 month high of $124.45. The company has a quick ratio of 3.22, a current ratio of 3.22 and a debt-to-equity ratio of 1.37.
HubSpot (NYSE:HUBS) last released its quarterly earnings results on Thursday, May 10th. The software maker reported $0.15 EPS for the quarter, beating analysts’ consensus estimates of $0.11 by $0.04. The business had revenue of $114.56 million during the quarter, compared to analyst estimates of $109.89 million. HubSpot had a negative return on equity of 15.17% and a negative net margin of 11.54%. HubSpot’s quarterly revenue was up 39.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.03 EPS. equities analysts expect that HubSpot will post -1.15 EPS for the current year.
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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