HubSpot Inc (NYSE:HUBS) Expected to Announce Earnings of $0.42 Per Share

Wall Street brokerages expect HubSpot Inc (NYSE:HUBS) to announce $0.42 earnings per share for the current quarter, according to Zacks. Nine analysts have provided estimates for HubSpot’s earnings, with the lowest EPS estimate coming in at $0.41 and the highest estimate coming in at $0.42. HubSpot posted earnings of $0.37 per share during the same quarter last year, which suggests a positive year over year growth rate of 13.5%. The firm is scheduled to announce its next quarterly earnings report after the market closes on Wednesday, February 12th.

On average, analysts expect that HubSpot will report full year earnings of $1.45 per share for the current year, with EPS estimates ranging from $1.44 to $1.46. For the next financial year, analysts expect that the firm will report earnings of $1.59 per share, with EPS estimates ranging from $1.46 to $1.80. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of research firms that follow HubSpot.

HubSpot (NYSE:HUBS) last announced its earnings results on Tuesday, November 5th. The software maker reported $0.32 EPS for the quarter, topping the consensus estimate of $0.24 by $0.08. The business had revenue of $173.62 million for the quarter, compared to the consensus estimate of $168.82 million. HubSpot had a negative return on equity of 5.74% and a negative net margin of 8.68%. HubSpot’s revenue was up 31.7% compared to the same quarter last year. During the same period in the previous year, the business earned $0.17 EPS.

Several brokerages have recently commented on HUBS. William Blair reissued an “outperform” rating on shares of HubSpot in a report on Tuesday, November 5th. Bank of America reissued a “buy” rating and issued a $220.00 target price on shares of HubSpot in a report on Tuesday. ValuEngine downgraded HubSpot from a “buy” rating to a “hold” rating in a report on Thursday, November 7th. Canaccord Genuity reduced their target price on HubSpot from $210.00 to $170.00 in a report on Wednesday, November 6th. Finally, Jefferies Financial Group reduced their target price on HubSpot from $230.00 to $190.00 and set a “buy” rating on the stock in a report on Wednesday, November 6th. Nine research analysts have rated the stock with a hold rating and seventeen have issued a buy rating to the stock. HubSpot has an average rating of “Buy” and an average target price of $185.98.

Shares of HUBS traded up $1.98 on Friday, hitting $185.41. The company’s stock had a trading volume of 377,300 shares, compared to its average volume of 545,362. The company has a market capitalization of $7.94 billion, a PE ratio of -140.04 and a beta of 1.59. The company has a debt-to-equity ratio of 0.89, a current ratio of 3.85 and a quick ratio of 3.85. HubSpot has a fifty-two week low of $137.30 and a fifty-two week high of $207.98. The company has a 50 day moving average price of $164.43 and a 200 day moving average price of $167.37.

In other HubSpot news, CEO Brian Halligan sold 8,500 shares of the company’s stock in a transaction on Tuesday, November 19th. The stock was sold at an average price of $149.53, for a total transaction of $1,271,005.00. Following the transaction, the chief executive officer now owns 712,933 shares of the company’s stock, valued at approximately $106,604,871.49. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CFO Kathryn Bueker sold 942 shares of the company’s stock in a transaction on Friday, January 3rd. The stock was sold at an average price of $161.62, for a total value of $152,246.04. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 26,443 shares of company stock worth $4,312,473. Company insiders own 8.30% of the company’s stock.

A number of large investors have recently bought and sold shares of HUBS. LPL Financial LLC lifted its holdings in HubSpot by 20.7% during the 2nd quarter. LPL Financial LLC now owns 5,100 shares of the software maker’s stock worth $870,000 after buying an additional 875 shares in the last quarter. HighTower Advisors LLC acquired a new position in shares of HubSpot in the 2nd quarter valued at $312,000. Tower Research Capital LLC TRC acquired a new position in shares of HubSpot in the 2nd quarter valued at $108,000. NumerixS Investment Technologies Inc acquired a new position in shares of HubSpot in the 2nd quarter valued at $143,000. Finally, Asset Management One Co. Ltd. acquired a new position in shares of HubSpot in the 2nd quarter valued at $567,000. 90.89% of the stock is currently owned by hedge funds and other institutional investors.

About HubSpot

HubSpot, Inc provides a cloud-based marketing and sales software platform for businesses in the Americas, Europe, and the Asia Pacific. The company's software platform includes integrated applications, such as customer relationship management, search engine optimization, blogging, Website content management, messaging, chatbots, social media, marketing automation, email, predictive lead scoring, sales productivity, ticketing and helpdesk tools, customer NPS surveys, analytics, and reporting.

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