HubSpot (NYSE:HUBS) Coverage Initiated by Analysts at UBS Group

UBS Group began coverage on shares of HubSpot (NYSE:HUBSGet Rating) in a report published on Tuesday morning, Marketbeat.com reports. The firm issued a neutral rating and a $410.00 price objective on the software maker’s stock.

Several other analysts also recently weighed in on the company. Stifel Nicolaus dropped their price target on HubSpot from $850.00 to $700.00 and set a buy rating on the stock in a research note on Monday, March 21st. Mizuho boosted their price objective on HubSpot from $500.00 to $625.00 and gave the company a buy rating in a report on Friday, February 11th. Wells Fargo & Company decreased their price objective on HubSpot from $725.00 to $675.00 and set an overweight rating for the company in a report on Tuesday, March 15th. Piper Sandler boosted their price objective on HubSpot from $715.00 to $735.00 and gave the company an overweight rating in a report on Friday, February 11th. Finally, Raymond James reduced their price target on HubSpot from $900.00 to $700.00 and set a strong-buy rating for the company in a report on Friday, February 11th. Three investment analysts have rated the stock with a hold rating, nineteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of Buy and an average price target of $712.75.

HubSpot stock opened at $398.48 on Tuesday. The company has a debt-to-equity ratio of 0.44, a quick ratio of 2.35 and a current ratio of 2.35. The business’s 50-day simple moving average is $458.63 and its two-hundred day simple moving average is $593.25. The company has a market cap of $18.83 billion, a PE ratio of -238.61 and a beta of 1.63. HubSpot has a fifty-two week low of $367.11 and a fifty-two week high of $866.00.

HubSpot (NYSE:HUBSGet Rating) last posted its quarterly earnings results on Thursday, February 10th. The software maker reported ($0.24) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.36) by $0.12. The business had revenue of $369.31 million for the quarter, compared to the consensus estimate of $357.52 million. HubSpot had a negative return on equity of 7.63% and a negative net margin of 5.98%. The company’s quarterly revenue was up 46.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($0.19) EPS. As a group, analysts predict that HubSpot will post -2.7 EPS for the current fiscal year.

In other HubSpot news, CEO Yamini Rangan sold 874 shares of the company’s stock in a transaction on Tuesday, April 19th. The stock was sold at an average price of $450.00, for a total transaction of $393,300.00. Following the transaction, the chief executive officer now directly owns 59,650 shares in the company, valued at $26,842,500. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Kathryn Bueker sold 200 shares of the company’s stock in a transaction on Thursday, April 14th. The stock was sold at an average price of $467.01, for a total value of $93,402.00. Following the transaction, the chief financial officer now owns 38,629 shares in the company, valued at $18,040,129.29. The disclosure for this sale can be found here. Insiders sold 12,594 shares of company stock valued at $5,011,758 over the last quarter. 8.30% of the stock is currently owned by company insiders.

Several hedge funds and other institutional investors have recently made changes to their positions in HUBS. PYA Waltman Capital LLC acquired a new stake in shares of HubSpot in the fourth quarter valued at $26,000. Glassman Wealth Services raised its stake in shares of HubSpot by 141.2% in the fourth quarter. Glassman Wealth Services now owns 41 shares of the software maker’s stock valued at $27,000 after acquiring an additional 24 shares in the last quarter. Winch Advisory Services LLC raised its stake in shares of HubSpot by 86.4% in the third quarter. Winch Advisory Services LLC now owns 41 shares of the software maker’s stock valued at $28,000 after acquiring an additional 19 shares in the last quarter. Arlington Partners LLC raised its stake in shares of HubSpot by 63.9% in the first quarter. Arlington Partners LLC now owns 59 shares of the software maker’s stock valued at $28,000 after acquiring an additional 23 shares in the last quarter. Finally, AdvisorNet Financial Inc raised its stake in shares of HubSpot by 114.3% in the first quarter. AdvisorNet Financial Inc now owns 60 shares of the software maker’s stock valued at $28,000 after acquiring an additional 32 shares in the last quarter. Institutional investors and hedge funds own 93.34% of the company’s stock.

HubSpot Company Profile (Get Rating)

HubSpot, Inc provides a cloud-based customer relationship management (CRM) platform for businesses in the Americas, Europe, and the Asia Pacific. The company's CRM platform includes marketing, sales, service, and content management systems, as well as integrated applications, such as search engine optimization, blogging, website content management, messaging, chatbots, social media, marketing automation, email, predictive lead scoring, sales productivity, knowledge base, commerce, conversation routing, video hosting, ticketing and helpdesk tools, customer NPS surveys, analytics, and reporting.

See Also

Analyst Recommendations for HubSpot (NYSE:HUBS)

Receive News & Ratings for HubSpot Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HubSpot and related companies with MarketBeat.com's FREE daily email newsletter.