Q1 2023 Earnings Estimate for HubSpot, Inc. (NYSE:HUBS) Issued By KeyCorp

HubSpot, Inc. (NYSE:HUBSGet Score) – Inventory analysts at KeyCorp dropped their Q1 2023 earnings estimates for shares of HubSpot in a word issued to buyers on Thursday, September eighth. KeyCorp analyst M. Turits now anticipates that the software program maker will put up earnings of ($0.17) per share for the quarter, down from their prior forecast of ($0.13). KeyCorp at present has a “Chubby” score and a $410.00 value goal on the inventory. The consensus estimate for HubSpot’s present full-year earnings is ($2.13) per share. KeyCorp additionally issued estimates for HubSpot’s Q2 2023 earnings at ($0.84) EPS, Q3 2023 earnings at ($0.89) EPS, This autumn 2023 earnings at ($0.78) EPS, FY2023 earnings at ($2.69) EPS and FY2024 earnings at ($2.50) EPS.

Numerous different equities analysis analysts have additionally issued reviews on the inventory. Morgan Stanley lower their value goal on shares of HubSpot from $436.00 to $405.00 and set an “chubby” score on the inventory in a report on Thursday. Piper Sandler boosted their value goal on shares of HubSpot from $350.00 to $415.00 and gave the corporate an “chubby” score in a report on Friday, August fifth. Oppenheimer boosted their value goal on shares of HubSpot from $350.00 to $425.00 in a report on Monday, August eighth. Barclays lowered their value goal on shares of HubSpot from $375.00 to $325.00 and set an “equal weight” score on the inventory in a analysis report on Tuesday, July twenty sixth. Lastly, Cowen lowered their value goal on shares of HubSpot from $670.00 to $415.00 and set an “outperform” score on the inventory in a analysis report on Friday, July twenty second. Three equities analysis analysts have rated the inventory with a maintain score, nineteen have assigned a purchase score and one has assigned a robust purchase score to the corporate. In response to knowledge from MarketBeat, HubSpot has a mean score of “Reasonable Purchase” and a consensus goal value of $525.17.

HubSpot Inventory Up 9.5 %

HUBS inventory opened at $332.50 on Monday. HubSpot has a 52-week low of $257.21 and a 52-week excessive of $866.00. The corporate’s 50 day easy shifting common is $326.45 and its 200-day easy shifting common is $370.39. The corporate has a debt-to-equity ratio of 0.52, a present ratio of two.31 and a fast ratio of two.31. The agency has a market capitalization of $15.97 billion, a P/E ratio of -164.60 and a beta of 1.56.

HubSpot (NYSE:HUBSGet Score) final launched 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). HubSpot had a unfavourable web margin of 6.28% and a unfavourable return on fairness of 9.89%. The agency had income of $421.76 million for the quarter, in comparison with analyst estimates of $409.67 million.

Hedge Funds Weigh In On HubSpot

Numerous hedge funds have just lately made modifications to their positions within the enterprise. B. Riley Wealth Administration Inc. raised its stake in shares of HubSpot by 10.9% within the 2nd quarter. B. Riley Wealth Administration Inc. now owns 813 shares of the software program maker’s inventory valued at $244,000 after shopping for an extra 80 shares within the final quarter. Verition Fund Administration LLC elevated its place in shares of HubSpot by 893.4% through the 2nd quarter. Verition Fund Administration LLC now owns 5,235 shares of the software program maker’s inventory value $1,574,000 after buying an extra 4,708 shares within the final quarter. M&G Funding Administration Ltd. elevated its place in shares of HubSpot by 5.3% through the 2nd quarter. M&G Funding Administration Ltd. now owns 3,764 shares of the software program maker’s inventory value $1,133,000 after buying an extra 188 shares within the final quarter. Prelude Capital Administration LLC elevated its place in shares of HubSpot by 159.7% through the 2nd quarter. Prelude Capital Administration LLC now owns 1,431 shares of the software program maker’s inventory value $430,000 after buying an extra 880 shares within the final quarter. Lastly, Captrust Monetary Advisors elevated its place in shares of HubSpot by 15.5% through the 2nd quarter. Captrust Monetary Advisors now owns 744 shares of the software program maker’s inventory value $224,000 after buying an extra 100 shares within the final quarter. Institutional buyers and hedge funds personal 91.05% of the corporate’s inventory.

Insider Shopping for and Promoting

In associated information, insider Brian Halligan offered 8,500 shares of the corporate’s inventory in a transaction on Tuesday, July nineteenth. The shares had been offered at a mean value of $279.20, for a complete transaction of $2,373,200.00. Following the completion of the transaction, the insider now instantly owns 675,066 shares within the firm, valued at roughly $188,478,427.20. The transaction was disclosed in a submitting with the SEC, which is accessible by means of the SEC web site. In associated information, insider Brian Halligan offered 8,500 shares of the corporate’s inventory in a transaction on Tuesday, July nineteenth. The shares had been offered at a mean value of $279.20, for a complete transaction of $2,373,200.00. Following the completion of the transaction, the insider now instantly owns 675,066 shares within the firm, valued at roughly $188,478,427.20. The transaction was disclosed in a submitting with the SEC, which is accessible by means of the SEC web site. Additionally, CFO Kathryn Bueker offered 200 shares of the corporate’s inventory in a transaction on Wednesday, August tenth. The shares had been offered at a mean value of $400.00, for a complete transaction of $80,000.00. Following the transaction, the chief monetary officer now owns 36,577 shares of the corporate’s inventory, valued at $14,630,800. The disclosure for this sale could be discovered right here. Within the final three months, insiders offered 17,200 shares of firm inventory valued at $5,004,730. Firm insiders personal 5.60% of the corporate’s inventory.

HubSpot Firm Profile

(Get Score)

HubSpot, Inc supplies a cloud-based buyer relationship administration (CRM) platform for companies within the Americas, Europe, and the Asia Pacific. The corporate’s CRM platform contains advertising and marketing, gross sales, service, and content material administration programs, in addition to built-in purposes, equivalent to SEO, running a blog, web site content material administration, messaging, chatbots, social media, advertising and marketing automation, e 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

Earnings History and Estimates for HubSpot (NYSE:HUBS)

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

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