HubSpot, Inc. (NYSE:HUBS) is scheduled to post its quarterly earnings results after the market closes on Tuesday, October 31st. Analysts expect HubSpot to post earnings of ($0.12) per share for the quarter. HubSpot has set its Q3 guidance at ($0.10)-($0.08) EPS and its FY17 guidance at $0.03-$0.07 EPS.
HubSpot (NYSE:HUBS) last released its earnings results on Wednesday, August 2nd. The software maker reported $0.07 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.01) by $0.08. HubSpot had a negative net margin of 13.17% and a negative return on equity of 27.99%. The business had revenue of $89.10 million during the quarter, compared to analyst estimates of $85.80 million. During the same quarter in the prior year, the firm earned ($0.07) earnings per share. The company’s revenue for the quarter was up 37.1% compared to the same quarter last year. On average, analysts expect HubSpot to post $-1.04 EPS for the current fiscal year and $-1.05 EPS for the next fiscal year.
Shares of HubSpot, Inc. (HUBS) opened at 86.50 on Monday. HubSpot, Inc. has a 12-month low of $44.90 and a 12-month high of $86.90. The stock’s market cap is $3.20 billion. The stock’s 50 day moving average is $80.29 and its 200-day moving average is $72.07.
In other HubSpot news, insider Hunter Madeley sold 1,000 shares of HubSpot stock in a transaction dated Tuesday, October 3rd. The stock was sold at an average price of $84.35, for a total value of $84,350.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Dharmesh Shah sold 20,000 shares of HubSpot stock in a transaction dated Thursday, September 21st. The shares were sold at an average price of $73.60, for a total value of $1,472,000.00. Following the completion of the sale, the insider now owns 1,716,316 shares of the company’s stock, valued at approximately $126,320,857.60. The disclosure for this sale can be found here. In the last quarter, insiders have sold 63,000 shares of company stock valued at $4,589,420. 12.10% of the stock is currently owned by company insiders.
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A number of brokerages have recently weighed in on HUBS. KeyCorp restated a “sector weight” rating on shares of HubSpot in a research report on Friday, October 13th. Morgan Stanley raised their price target on HubSpot from $90.00 to $93.00 and gave the company an “overweight” rating in a research report on Monday, October 23rd. Zacks Investment Research upgraded HubSpot from a “hold” rating to a “buy” rating and set a $95.00 price target for the company in a research report on Tuesday, October 3rd. TheStreet upgraded HubSpot from a “d” rating to a “c-” rating in a research report on Monday, October 9th. Finally, Oppenheimer Holdings, Inc. set a $91.00 price target on HubSpot and gave the company a “buy” rating in a research report on Wednesday, October 25th. Two equities research analysts have rated the stock with a hold rating, twenty have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $80.68.
HubSpot Company Profile
HubSpot, Inc (HubSpot) provides a cloud-based marketing and sales software platform. The Company’s software platform features integrated applications to help businesses attract visitors to their Websites, convert visitors into leads, close leads into customers and delight customers so that they become promoters of those businesses.
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