HubSpot (NYSE:HUBS) updated its fourth quarter earnings guidance on Wednesday. The company provided EPS guidance of $0.29-0.31 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.27. The company issued revenue guidance of $136.5-137.5 million, compared to the consensus revenue estimate of $135.37 million.HubSpot also updated its FY 2018 guidance to $0.80-0.82 EPS.

NYSE:HUBS traded down $8.21 during trading hours on Thursday, reaching $135.91. The company’s stock had a trading volume of 24,721 shares, compared to its average volume of 528,851. The stock has a market cap of $5.24 billion, a PE ratio of -132.57 and a beta of 1.92. HubSpot has a 1 year low of $73.15 and a 1 year high of $162.20. The company has a quick ratio of 3.26, a current ratio of 3.26 and a debt-to-equity ratio of 1.35.

HubSpot (NYSE:HUBS) last issued its earnings results on Wednesday, November 7th. The software maker reported ($0.32) EPS for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.37). The business had revenue of $131.83 million during the quarter, compared to analysts’ expectations of $126.65 million. HubSpot had a negative return on equity of 17.00% and a negative net margin of 12.64%. HubSpot’s revenue for the quarter was up 34.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.03 EPS. Sell-side analysts anticipate that HubSpot will post -1.09 EPS for the current year.

HUBS has been the topic of a number of analyst reports. Jefferies Financial Group initiated coverage on shares of HubSpot in a research report on Tuesday, October 2nd. They issued a buy rating and a $182.00 target price on the stock. UBS Group initiated coverage on shares of HubSpot in a research report on Thursday, October 4th. They issued a buy rating on the stock. Morgan Stanley decreased their target price on shares of HubSpot from $148.00 to $141.00 and set an equal weight rating on the stock in a research report on Tuesday, October 23rd. Canaccord Genuity lifted their target price on shares of HubSpot from $140.00 to $160.00 and gave the stock a buy rating in a research report on Thursday, September 6th. Finally, Raymond James lifted their target price on shares of HubSpot from $124.00 to $150.00 and gave the stock an outperform rating in a research report on Monday, July 30th. Five analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company’s stock. HubSpot presently has an average rating of Buy and an average price target of $146.40.

In other news, Director Ronald S. Gill sold 4,140 shares of HubSpot stock in a transaction dated Monday, September 10th. The shares were sold at an average price of $152.33, for a total transaction of $630,646.20. Following the sale, the director now owns 18,214 shares of the company’s stock, valued at approximately $2,774,538.62. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Dharmesh Shah sold 30,000 shares of HubSpot stock in a transaction dated Wednesday, August 15th. The shares were sold at an average price of $125.59, for a total transaction of $3,767,700.00. Following the sale, the insider now directly owns 1,596,983 shares in the company, valued at approximately $200,565,094.97. The disclosure for this sale can be found here. Insiders sold 118,680 shares of company stock worth $17,154,954 in the last 90 days. Corporate insiders own 9.60% of the company’s stock.

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HubSpot Company Profile

HubSpot, Inc provides a cloud-based marketing and sales software platform for businesses in the Americas, Europe, and the Asia Pacific. Its software platform includes integrated applications, such as social media, search engine optimization, blogging, Website content management, marketing automation, email, sales productivity, CRM, analytics, and reporting.

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Earnings History and Estimates for HubSpot (NYSE:HUBS)

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