HubSpot, Inc. (NYSE:HUBS) Given Common Advice of “Reasonable Purchase” by Brokerages

HubSpot, Inc. (NYSE:HUBSGet Score) has been given a mean advice of “Reasonable Purchase” by the twenty-six scores corporations which can be at present overlaying the agency, MarketBeat Scores experiences. Three analysts have rated the inventory with a maintain ranking, sixteen have issued a purchase ranking and one has given a powerful purchase ranking to the corporate. The common 1 yr worth goal amongst brokers which have issued scores on the inventory within the final yr is $525.17.

A number of analysis corporations have just lately weighed in on HUBS. KeyCorp decreased their worth goal on HubSpot from $461.00 to $410.00 and set an “obese” ranking for the corporate in a report on Friday, July twenty second. Wolfe Analysis elevated their worth goal on HubSpot from $330.00 to $400.00 and gave the corporate an “outperform” ranking in a report on Monday, August eighth. Raymond James decreased their worth goal on HubSpot from $440.00 to $360.00 and set a “strong-buy” ranking for the corporate in a report on Thursday. Mizuho reduce their worth goal on HubSpot from $450.00 to $410.00 and set a “purchase” ranking for the corporate in a analysis word on Friday, August fifth. Lastly, The Goldman Sachs Group reduce their worth goal on HubSpot from $617.00 to $444.00 and set a “purchase” ranking for the corporate in a analysis word on Thursday, July 14th.

HubSpot Inventory Efficiency

Shares of HUBS opened at $332.50 on Friday. The inventory has a 50 day shifting common worth of $326.45 and a 200 day shifting common worth of $371.47. The corporate has a fast ratio of two.31, a present ratio of two.31 and a debt-to-equity ratio of 0.52. The corporate has a market capitalization of $15.97 billion, a price-to-earnings ratio of -164.60 and a beta of 1.56. HubSpot has a 52-week low of $257.21 and a 52-week excessive of $866.00.

HubSpot (NYSE:HUBSGet Score) final introduced its quarterly earnings outcomes on Thursday, August 4th. The software program maker reported ($0.89) earnings per share (EPS) for the quarter, lacking analysts’ consensus estimates of ($0.73) by ($0.16). The enterprise had income of $421.76 million through the quarter, in comparison with analyst estimates of $409.67 million. HubSpot had a detrimental web margin of 6.28% and a detrimental return on fairness of 9.89%. Analysis analysts predict that HubSpot will submit -2.13 EPS for the present fiscal yr.

Insider Exercise at HubSpot

In different HubSpot information, insider Brian Halligan offered 8,500 shares of the agency’s inventory in a transaction dated Tuesday, July nineteenth. The inventory was offered at a mean worth of $279.20, for a complete worth of $2,373,200.00. Following the sale, the insider now straight owns 675,066 shares of the corporate’s inventory, valued at roughly $188,478,427.20. The sale was disclosed in a submitting with the SEC, which might be accessed via this hyperlink. In different HubSpot information, insider Brian Halligan offered 8,500 shares of the agency’s inventory in a transaction dated Tuesday, July nineteenth. The inventory was offered at a mean worth of $279.20, for a complete worth of $2,373,200.00. Following the sale, the insider now straight owns 675,066 shares of the corporate’s inventory, valued at roughly $188,478,427.20. The sale was disclosed in a submitting with the SEC, which might be accessed via this hyperlink. Additionally, CFO Kathryn Bueker offered 200 shares of the agency’s inventory in a transaction dated Wednesday, August tenth. The inventory was offered at a mean worth of $400.00, for a complete worth of $80,000.00. Following the completion of the sale, the chief monetary officer now straight owns 36,577 shares within the firm, valued at $14,630,800. The disclosure for this sale might be discovered right here. Insiders have offered a complete of 17,200 shares of firm inventory valued at $5,004,730 over the past quarter. Insiders personal 5.60% of the corporate’s inventory.

Hedge Funds Weigh In On HubSpot

Giant buyers have just lately modified their holdings of the corporate. Sturdy Capital Companions LP bought a brand new stake in shares of HubSpot through the 1st quarter valued at about $283,913,000. Norges Financial institution bought a brand new stake in shares of HubSpot through the 4th quarter valued at about $261,886,000. Clearbridge Investments LLC raised its holdings in shares of HubSpot by 33.6% through the 1st quarter. Clearbridge Investments LLC now owns 1,128,424 shares of the software program maker’s inventory valued at $535,934,000 after shopping for an extra 284,039 shares through the interval. Renaissance Applied sciences LLC bought a brand new stake in shares of HubSpot through the 2nd quarter valued at about $53,395,000. Lastly, Goldman Sachs Group Inc. raised its holdings in shares of HubSpot by 21.2% through the 2nd quarter. Goldman Sachs Group Inc. now owns 793,615 shares of the software program maker’s inventory valued at $238,600,000 after shopping for an extra 139,047 shares through the interval. 91.05% of the inventory is at present owned by hedge funds and different institutional buyers.

HubSpot Firm Profile

(Get Score)

HubSpot, Inc offers a cloud-based buyer relationship administration (CRM) platform for companies within the Americas, Europe, and the Asia Pacific. The corporate’s CRM platform consists of advertising and marketing, gross sales, service, and content material administration techniques, in addition to built-in functions, equivalent to SEO, running a blog, web site content material administration, messaging, chatbots, social media, advertising and marketing automation, electronic mail, predictive lead scoring, gross sales productiveness, data base, commerce, dialog routing, video internet hosting, ticketing and helpdesk instruments, buyer NPS surveys, analytics, and reporting.

See Additionally

Analyst Recommendations for HubSpot (NYSE:HUBS)

This on the spot information alert was generated by narrative science expertise and monetary information from MarketBeat with the intention to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial group previous to publication. Please ship any questions or feedback about this story to [email protected].

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