HubSpot (HUBS) Getting Somewhat Favorable News Coverage, Study Finds
News articles about HubSpot (NYSE:HUBS) have trended somewhat positive on Monday, Accern Sentiment Analysis reports. The research firm rates the sentiment of news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. HubSpot earned a coverage optimism score of 0.16 on Accern’s scale. Accern also assigned news stories about the software maker an impact score of 46.0279838198746 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
These are some of the news stories that may have impacted Accern Sentiment’s analysis:
- Expand Your Marketing Vision With Lessons From Elon Musk (inc.com)
- Big Tech Companies With Diversity Problems Get Named Top for Diversity (inc.com)
- First Week of January 2018 Options Trading For HubSpot (HUBS) (stockoptionschannel.com)
- Has HubSpot Inc’s (HUBS) Improved Earnings Growth In Recent Times? (finance.yahoo.com)
- ETFs with exposure to HubSpot, Inc. : November 30, 2017 (finance.yahoo.com)
Several equities research analysts recently weighed in on HUBS shares. Zacks Investment Research downgraded HubSpot from a “buy” rating to a “hold” rating in a report on Tuesday, August 8th. UBS reaffirmed an “outperform” rating and set a $80.00 price target (up from $78.00) on shares of HubSpot in a report on Wednesday, August 9th. Oppenheimer reaffirmed a “buy” rating on shares of HubSpot in a report on Wednesday, August 9th. BidaskClub downgraded HubSpot from a “strong-buy” rating to a “buy” rating in a report on Friday, August 11th. Finally, Evercore ISI started coverage on HubSpot in a report on Friday, September 8th. They set an “outperform” rating and a $90.00 price target for the company. Three equities research analysts have rated the stock with a hold rating, seventeen have given a buy rating and one has issued a strong buy rating to the company. HubSpot presently has an average rating of “Buy” and an average price target of $84.82.
HubSpot (NYSE:HUBS) last released its earnings results on Wednesday, November 1st. The software maker reported $0.03 EPS for the quarter, beating analysts’ consensus estimates of ($0.12) by $0.15. HubSpot had a negative return on equity of 21.93% and a negative net margin of 12.16%. The company had revenue of $97.73 million during the quarter, compared to the consensus estimate of $96.50 million. During the same quarter last year, the company earned ($0.05) earnings per share. HubSpot’s quarterly revenue was up 38.4% compared to the same quarter last year. sell-side analysts anticipate that HubSpot will post -0.99 EPS for the current fiscal year.
In other news, CFO John Kinzer sold 15,000 shares of the firm’s stock in a transaction on Wednesday, November 8th. The stock was sold at an average price of $83.39, for a total value of $1,250,850.00. Following the completion of the transaction, the chief financial officer now owns 87,786 shares in the company, valued at $7,320,474.54. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, insider Hunter Madeley sold 1,000 shares of the firm’s stock in a transaction on Thursday, November 2nd. The shares were sold at an average price of $87.15, for a total value of $87,150.00. Following the completion of the transaction, the insider now owns 61,926 shares of the company’s stock, valued at approximately $5,396,850.90. The disclosure for this sale can be found here. In the last three months, insiders sold 72,000 shares of company stock valued at $5,792,730. 12.10% of the stock is owned by corporate insiders.
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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