Shares of HubSpot Inc (NYSE:HUBS) have earned an average rating of “Buy” from the twenty-three ratings firms that are presently covering the stock, Marketbeat.com reports. Five equities research analysts have rated the stock with a hold rating and eighteen have given a buy rating to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $192.80.

HUBS has been the subject of a number of recent analyst reports. Piper Sandler increased their price target on shares of HubSpot from $158.00 to $200.00 and gave the company an “overweight” rating in a research note on Thursday, May 7th. Wells Fargo & Co cut their target price on shares of HubSpot from $190.00 to $160.00 and set an “equal weight” rating for the company in a research note on Wednesday, March 11th. ValuEngine upgraded shares of HubSpot from a “hold” rating to a “buy” rating in a research note on Tuesday, March 3rd. Royal Bank of Canada raised their target price on shares of HubSpot from $145.00 to $185.00 and gave the stock an “outperform” rating in a research note on Thursday, May 7th. Finally, Mizuho raised their target price on shares of HubSpot from $160.00 to $200.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th.

In other news, CFO Kathryn Bueker sold 962 shares of the company’s stock in a transaction that occurred on Thursday, April 2nd. The stock was sold at an average price of $122.81, for a total transaction of $118,143.22. Following the sale, the chief financial officer now directly owns 44,446 shares of the company’s stock, valued at approximately $5,458,413.26. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Brian Halligan sold 8,500 shares of the business’s stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $194.62, for a total value of $1,654,270.00. Following the transaction, the chief executive officer now directly owns 699,331 shares in the company, valued at approximately $136,103,799.22. The disclosure for this sale can be found here. Insiders have sold 17,962 shares of company stock valued at $2,961,563 in the last three months. Insiders own 8.30% of the company’s stock.

Several hedge funds and other institutional investors have recently modified their holdings of HUBS. Shine Investment Advisory Services Inc. grew its holdings in HubSpot by 90.0% in the fourth quarter. Shine Investment Advisory Services Inc. now owns 171 shares of the software maker’s stock valued at $27,000 after purchasing an additional 81 shares during the period. Wealthcare Advisory Partners LLC purchased a new position in HubSpot during the first quarter worth approximately $28,000. Citizens Financial Group Inc RI acquired a new stake in HubSpot during the fourth quarter worth $35,000. Cutler Group LP increased its stake in HubSpot by 111.7% during the fourth quarter. Cutler Group LP now owns 284 shares of the software maker’s stock worth $45,000 after acquiring an additional 2,704 shares during the last quarter. Finally, Sowell Financial Services LLC acquired a new stake in HubSpot during the fourth quarter worth $49,000. Hedge funds and other institutional investors own 93.31% of the company’s stock.

Shares of HUBS stock opened at $183.62 on Thursday. The stock has a market cap of $8.01 billion, a P/E ratio of -130.23 and a beta of 1.59. The company has a debt-to-equity ratio of 0.89, a current ratio of 3.40 and a quick ratio of 3.40. The company has a fifty day moving average price of $147.89 and a two-hundred day moving average price of $158.41. HubSpot has a one year low of $90.83 and a one year high of $207.98.

HubSpot (NYSE:HUBS) last announced its quarterly earnings results on Wednesday, May 6th. The software maker reported $0.35 EPS for the quarter, beating analysts’ consensus estimates of $0.23 by $0.12. The firm had revenue of $199.00 million during the quarter, compared to analysts’ expectations of $190.89 million. HubSpot had a negative net margin of 8.36% and a negative return on equity of 4.48%. The company’s revenue for the quarter was up 31.1% compared to the same quarter last year. During the same quarter last year, the company posted $0.36 earnings per share. As a group, equities research analysts anticipate that HubSpot will post -1.64 EPS for the current fiscal year.

HubSpot Company Profile

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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Analyst Recommendations for HubSpot (NYSE:HUBS)

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