HubSpot (HUBS) Updates Q1 Earnings Guidance
HubSpot (NYSE:HUBS) issued an update on its first quarter earnings guidance on Tuesday morning. The company provided earnings per share guidance of $0.10-0.12 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.08. The company issued revenue guidance of $109.2-110.2 million, compared to the consensus revenue estimate of $107.27 million.HubSpot also updated its FY18 guidance to 0.51-0.59 EPS.
HubSpot (NYSE HUBS) traded up $0.30 on Tuesday, hitting $97.00. 722,928 shares of the stock were exchanged, compared to its average volume of 368,869. HubSpot has a one year low of $55.80 and a one year high of $102.30. The company has a current ratio of 3.55, a quick ratio of 3.55 and a debt-to-equity ratio of 1.41. The firm has a market cap of $3,610.00, a P/E ratio of -82.38 and a beta of 2.24.
HUBS has been the topic of a number of research analyst reports. UBS Group raised their price target on shares of HubSpot from $84.00 to $103.00 and gave the company a buy rating in a research note on Thursday, November 9th. Morgan Stanley raised their price target on shares of HubSpot from $90.00 to $93.00 and gave the company an overweight rating in a research note on Monday, October 23rd. Zacks Investment Research lowered shares of HubSpot from a buy rating to a hold rating in a report on Monday, February 5th. Canaccord Genuity raised their price objective on shares of HubSpot from $8,398.00 to $98.00 and gave the company a buy rating in a report on Thursday, November 2nd. Finally, Oppenheimer set a $91.00 price objective on shares of HubSpot and gave the company a buy rating in a report on Wednesday, October 25th. Three research analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has assigned a strong buy rating to the stock. The company has an average rating of Buy and an average target price of $87.24.
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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