HubSpot Inc (NYSE:HUBS) – Investment analysts at Piper Jaffray Companies issued their Q1 2019 EPS estimates for HubSpot in a report issued on Wednesday, February 13th. Piper Jaffray Companies analyst A. Zukin anticipates that the software maker will post earnings of ($0.22) per share for the quarter. Piper Jaffray Companies also issued estimates for HubSpot’s Q2 2019 earnings at ($0.34) EPS, Q3 2019 earnings at ($0.38) EPS, Q4 2019 earnings at ($0.12) EPS and FY2019 earnings at ($1.13) EPS.
HubSpot (NYSE:HUBS) last issued its earnings results on Tuesday, February 12th. The software maker reported $0.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.17) by $0.54. The business had revenue of $144.02 million during the quarter, compared to the consensus estimate of $137.48 million. HubSpot had a negative return on equity of 17.08% and a negative net margin of 12.44%. The company’s revenue for the quarter was up 35.2% on a year-over-year basis. During the same period in the prior year, the business posted $0.12 EPS.
Several other research firms also recently weighed in on HUBS. Deutsche Bank raised their price objective on HubSpot from $150.00 to $168.00 and gave the company a “hold” rating in a research note on Wednesday, February 13th. Bank of America raised their price objective on HubSpot from $185.00 to $205.00 and gave the company a “buy” rating in a research note on Wednesday, February 13th. Canaccord Genuity raised their price objective on HubSpot from $160.00 to $190.00 and gave the company a “buy” rating in a research note on Wednesday, February 13th. Raymond James raised their price objective on HubSpot from $155.00 to $181.00 and gave the company an “outperform” rating in a research note on Wednesday, February 13th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $198.00 price objective (up from $145.00) on shares of HubSpot in a research note on Wednesday, February 13th. Nine equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has assigned a strong buy rating to the company’s stock. HubSpot presently has a consensus rating of “Buy” and a consensus target price of $170.29.
Shares of HUBS stock opened at $165.62 on Monday. HubSpot has a 12-month low of $101.45 and a 12-month high of $180.00. The company has a market cap of $6.57 billion, a PE ratio of -162.37 and a beta of 1.92. The company has a quick ratio of 3.15, a current ratio of 3.01 and a debt-to-equity ratio of 1.30.
In other HubSpot news, CEO Brian Halligan sold 15,277 shares of the firm’s stock in a transaction on Thursday, December 20th. The stock was sold at an average price of $123.18, for a total transaction of $1,881,820.86. Following the completion of the transaction, the chief executive officer now owns 680,046 shares of the company’s stock, valued at $83,768,066.28. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Dharmesh Shah sold 28,000 shares of the firm’s stock in a transaction on Friday, February 15th. The stock was sold at an average price of $166.53, for a total value of $4,662,840.00. Following the transaction, the insider now directly owns 1,545,145 shares of the company’s stock, valued at approximately $257,312,996.85. The disclosure for this sale can be found here. Insiders have sold 74,763 shares of company stock valued at $10,819,780 in the last three months. 9.60% of the stock is currently owned by company insiders.
Institutional investors have recently added to or reduced their stakes in the business. Ffcm LLC purchased a new position in HubSpot during the fourth quarter worth $25,000. Executive Wealth Management LLC purchased a new position in HubSpot during the fourth quarter worth $26,000. CWM LLC purchased a new position in HubSpot during the fourth quarter worth $40,000. First Hawaiian Bank purchased a new position in HubSpot during the fourth quarter worth $43,000. Finally, Mckinley Capital Management LLC Delaware purchased a new position in HubSpot during the fourth quarter worth $51,000. 93.19% of the stock is owned by institutional investors.
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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