HubSpot (NYSE:HUBS) issued an update on its first quarter 2020
After-Hours earnings guidance on Wednesday morning. The company provided earnings per share guidance of 0.22-0.24 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.36. The company issued revenue guidance of $192.5-193.5 million, compared to the consensus revenue estimate of $189.71 million.HubSpot also updated its FY 2020
After-Hours guidance to 1.24-1.32 EPS.

Shares of HubSpot stock traded up $0.44 during trading on Friday, reaching $197.78. The company’s stock had a trading volume of 544,400 shares, compared to its average volume of 543,455. The company has a quick ratio of 3.85, a current ratio of 3.85 and a debt-to-equity ratio of 0.89. The company has a market cap of $8.42 billion, a price-to-earnings ratio of -149.83 and a beta of 1.58. HubSpot has a 1-year low of $137.30 and a 1-year high of $207.98. The company has a 50-day simple moving average of $176.36 and a two-hundred day simple moving average of $167.68.

HubSpot (NYSE:HUBS) last posted its quarterly earnings data on Wednesday, February 12th. The software maker reported $0.45 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.42 by $0.03. The firm had revenue of $186.19 million during the quarter, compared to analysts’ expectations of $180.95 million. HubSpot had a negative return on equity of 5.74% and a negative net margin of 8.68%. The business’s quarterly revenue was up 29.3% on a year-over-year basis. During the same quarter last year, the firm earned $0.37 EPS. As a group, analysts anticipate that HubSpot will post -0.63 earnings per share for the current year.

A number of analysts have recently weighed in on HUBS shares. Piper Sandler raised their price objective on HubSpot from $200.00 to $207.00 and gave the stock an overweight rating in a research report on Thursday. Cowen raised their price objective on HubSpot from $155.00 to $178.00 and gave the stock a market perform rating in a research report on Thursday. Jefferies Financial Group lowered their price objective on HubSpot from $230.00 to $190.00 and set a buy rating for the company in a research report on Wednesday, November 6th. Bank of America reaffirmed a buy rating and set a $220.00 price target on shares of HubSpot in a research report on Tuesday, January 21st. Finally, Morgan Stanley lifted their price target on HubSpot from $182.00 to $190.00 and gave the stock an equal weight rating in a research report on Thursday. Eight analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the stock. HubSpot presently has an average rating of Buy and a consensus price target of $199.18.

In other HubSpot news, CEO Brian Halligan sold 8,501 shares of HubSpot stock in a transaction dated Tuesday, December 17th. The stock was sold at an average price of $156.88, for a total transaction of $1,333,636.88. Following the completion of the sale, the chief executive officer now owns 705,578 shares of the company’s stock, valued at approximately $110,691,076.64. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Kathryn Bueker sold 942 shares of HubSpot stock in a transaction dated Friday, January 3rd. The stock was sold at an average price of $161.62, for a total value of $152,246.04. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 26,443 shares of company stock valued at $4,312,473. 8.30% of the stock is currently owned by insiders.

About HubSpot

HubSpot, Inc provides a cloud-based marketing and sales software platform for businesses in the Americas, Europe, and the Asia Pacific. The company's software platform includes integrated applications, such as customer relationship management, search engine optimization, blogging, Website content management, messaging, chatbots, social media, marketing automation, email, predictive lead scoring, sales productivity, ticketing and helpdesk tools, customer NPS surveys, analytics, and reporting.

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Earnings History and Estimates for HubSpot (NYSE:HUBS)

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