Analysts at Deutsche Bank started coverage on shares of HubSpot (NYSE:HUBS) in a report issued on Friday, January 25th, The Fly reports. The brokerage set a “hold” rating and a $150.00 price target on the software maker’s stock. Deutsche Bank’s price objective would suggest a potential downside of 6.09% from the company’s current price.
A number of other equities analysts also recently commented on the company. CIBC restated a “market perform” rating on shares of HubSpot in a report on Thursday, January 24th. Oppenheimer reiterated a “market perform” rating on shares of HubSpot in a report on Thursday, January 24th. UBS Group downgraded HubSpot from an “outperform” rating to a “market perform” rating in a report on Thursday, January 24th. Bank of America reiterated a “buy” rating and set a $185.00 target price (up from $180.00) on shares of HubSpot in a report on Wednesday, January 23rd. Finally, Zacks Investment Research lowered HubSpot from a “buy” rating to a “hold” rating in a research note on Thursday, January 17th. Nine investment analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and an average price target of $152.82.
Shares of HubSpot stock traded up $1.41 during trading hours on Friday, reaching $159.72. The stock had a trading volume of 877,455 shares, compared to its average volume of 557,326. The company has a market cap of $6.21 billion, a price-to-earnings ratio of -156.59 and a beta of 1.92. The company has a debt-to-equity ratio of 1.37, a current ratio of 3.15 and a quick ratio of 3.15. HubSpot has a 1 year low of $85.65 and a 1 year high of $162.20.
HubSpot (NYSE:HUBS) last released its quarterly earnings data on Wednesday, November 7th. The software maker reported ($0.32) EPS for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.37). The firm had revenue of $131.83 million during the quarter, compared to analysts’ expectations of $126.65 million. HubSpot had a negative return on equity of 19.13% and a negative net margin of 13.43%. The business’s revenue for the quarter was up 34.9% compared to the same quarter last year. During the same quarter last year, the business earned $0.03 earnings per share. Research analysts anticipate that HubSpot will post -0.97 EPS for the current year.
In other HubSpot news, insider Dharmesh Shah sold 27,000 shares of HubSpot stock in a transaction on Thursday, November 15th. The stock was sold at an average price of $125.50, for a total transaction of $3,388,500.00. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Hunter Madeley sold 1,199 shares of HubSpot stock in a transaction on Monday, January 14th. The shares were sold at an average price of $137.13, for a total value of $164,418.87. Following the sale, the insider now directly owns 35,526 shares in the company, valued at approximately $4,871,680.38. The disclosure for this sale can be found here. Insiders have sold a total of 72,376 shares of company stock valued at $9,180,482 in the last 90 days. Insiders own 9.60% of the company’s stock.
Several institutional investors and hedge funds have recently bought and sold shares of HUBS. CWM LLC bought a new stake in shares of HubSpot in the 4th quarter worth $40,000. First Hawaiian Bank acquired a new stake in shares of HubSpot during the fourth quarter worth $43,000. DekaBank Deutsche Girozentrale raised its position in shares of HubSpot by 85.6% during the third quarter. DekaBank Deutsche Girozentrale now owns 835 shares of the software maker’s stock worth $119,000 after purchasing an additional 385 shares during the period. Penserra Capital Management LLC acquired a new stake in shares of HubSpot during the third quarter worth $160,000. Finally, Global X Management Co LLC acquired a new stake in shares of HubSpot during the second quarter worth $172,000. 93.62% of the stock is currently owned by institutional investors.
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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