HubSpot, Inc. (NYSE:HUBS) Given Average Rating of “Moderate Buy” by Analysts

HubSpot, Inc. (NYSE:HUBS) has been given an average rating of “Moderate Buy” by the twenty-six ratings firms that are currently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell rating, three have assigned a hold rating and twenty-two have given a buy rating to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $642.36.

Several equities analysts have issued reports on the company. Royal Bank of Canada lifted their price objective on HubSpot from $625.00 to $700.00 and gave the company an “outperform” rating in a research report on Thursday, February 15th. Needham & Company LLC upped their price target on shares of HubSpot from $630.00 to $730.00 and gave the stock a “buy” rating in a research report on Thursday, February 15th. Canaccord Genuity Group raised their price objective on shares of HubSpot from $700.00 to $750.00 and gave the company a “buy” rating in a research report on Friday, April 5th. Stifel Nicolaus upped their target price on shares of HubSpot from $700.00 to $750.00 and gave the stock a “buy” rating in a research report on Monday, April 8th. Finally, Wells Fargo & Company raised their price target on shares of HubSpot from $700.00 to $725.00 and gave the company an “overweight” rating in a report on Thursday, February 15th.

HubSpot Trading Down 0.2 %

Shares of HubSpot stock opened at $615.74 on Friday. The company’s fifty day simple moving average is $628.65 and its 200-day simple moving average is $567.79. HubSpot has a 1 year low of $407.23 and a 1 year high of $693.85. The company has a current ratio of 1.96, a quick ratio of 1.96 and a debt-to-equity ratio of 0.35. The company has a market cap of $31.35 billion, a price-to-earnings ratio of -173.45 and a beta of 1.57.

HubSpot (NYSE:HUBS) last announced its quarterly earnings data on Wednesday, February 14th. The software maker reported ($0.08) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.30) by $0.22. The company had revenue of $581.91 million during the quarter, compared to analysts’ expectations of $557.48 million. HubSpot had a negative net margin of 8.12% and a negative return on equity of 6.38%. As a group, sell-side analysts expect that HubSpot will post -0.98 EPS for the current year.

Insider Buying and Selling at HubSpot

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

Hedge Funds Weigh In On HubSpot

Large investors have recently made changes to their positions in the company. Riverview Trust Co acquired a new position in shares of HubSpot during the 1st quarter worth approximately $27,000. Geneos Wealth Management Inc. grew its position in HubSpot by 1,125.0% during the first quarter. Geneos Wealth Management Inc. now owns 49 shares of the software maker’s stock worth $31,000 after buying an additional 45 shares in the last quarter. Rakuten Securities Inc. acquired a new stake in HubSpot during the fourth quarter worth approximately $29,000. Venturi Wealth Management LLC increased its stake in HubSpot by 335.7% during the 4th quarter. Venturi Wealth Management LLC now owns 61 shares of the software maker’s stock worth $35,000 after acquiring an additional 47 shares during the period. Finally, Larson Financial Group LLC raised its holdings in HubSpot by 1,380.0% in the 4th quarter. Larson Financial Group LLC now owns 74 shares of the software maker’s stock valued at $43,000 after acquiring an additional 69 shares in the last quarter. Institutional investors own 90.39% of the company’s stock.

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.