HubSpot (HUBS) Set to Announce Earnings on Wednesday

HubSpot (NYSE:HUBS) is scheduled to post its quarterly earnings results after the market closes on Wednesday, May 8th. Analysts expect HubSpot to post earnings of $1.49 per share for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

HubSpot (NYSE:HUBS) last released its quarterly earnings data on Wednesday, February 14th. The software maker reported ($0.08) EPS for the quarter, beating analysts’ consensus estimates of ($0.30) by $0.22. The business had revenue of $581.91 million for the quarter, compared to the consensus estimate of $557.48 million. HubSpot had a negative return on equity of 6.38% and a negative net margin of 8.12%. On average, analysts expect HubSpot to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

HubSpot Price Performance

Shares of HUBS opened at $600.27 on Monday. HubSpot has a 52-week low of $407.23 and a 52-week high of $693.85. The company has a quick ratio of 1.96, a current ratio of 1.96 and a debt-to-equity ratio of 0.35. The stock has a 50 day moving average price of $628.44 and a 200 day moving average price of $565.26.

Insider Activity

In other news, insider Dawson Alyssa Harvey sold 1,086 shares of the company’s stock in a transaction on Friday, February 16th. The stock was sold at an average price of $618.25, for a total transaction of $671,419.50. Following the completion of the sale, the insider now directly owns 7,783 shares in the company, valued at approximately $4,811,839.75. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In other news, insider Dawson Alyssa Harvey sold 1,086 shares of the firm’s stock in a transaction dated Friday, February 16th. The stock was sold at an average price of $618.25, for a total transaction of $671,419.50. Following the completion of the sale, the insider now directly owns 7,783 shares in the company, valued at $4,811,839.75. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Brian Halligan sold 8,500 shares of the firm’s stock in a transaction that occurred on Tuesday, April 16th. The shares were sold at an average price of $636.18, for a total value of $5,407,530.00. Following the sale, the insider now owns 526,041 shares of the company’s stock, valued at approximately $334,656,763.38. The disclosure for this sale can be found here. Insiders sold a total of 21,393 shares of company stock valued at $13,421,401 in the last 90 days. 4.90% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several brokerages recently commented on HUBS. UBS Group reiterated a “neutral” rating and set a $525.00 price target on shares of HubSpot in a research note on Thursday, February 15th. Scotiabank upped their price target on shares of HubSpot from $650.00 to $700.00 and gave the company a “sector outperform” rating in a research report on Friday, April 5th. JPMorgan Chase & Co. raised their price objective on shares of HubSpot from $530.00 to $630.00 and gave the stock an “overweight” rating in a research report on Thursday, February 15th. Evercore ISI increased their target price on shares of HubSpot from $625.00 to $650.00 and gave the stock an “in-line” rating in a research note on Thursday, February 15th. Finally, Needham & Company LLC boosted their price target on HubSpot from $630.00 to $730.00 and gave the company a “buy” rating in a research report on Thursday, February 15th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and twenty-two have issued a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $642.36.

HubSpot Company Profile

HubSpot, Inc, together with its subsidiaries, provides a cloud-based customer relationship management (CRM) platform for businesses in the Americas, Europe, and the Asia Pacific. The company's CRM platform includes Marketing Hub, a toolset for marketing automation and email, social media, SEO, and reporting and analytics; Sales Hub offers email templates and tracking, conversations and live chat, meeting and call scheduling, lead and website visit alerts, lead scoring, sales automation, pipeline management, quoting, forecasting, and reporting; Service Hub, a service software designed to help businesses manage, respond, and connect with customers; and Content Management Systems Hub enables businesses to create new and edit existing web content.