HubSpot (HUBS) Receiving Somewhat Positive News Coverage, Analysis Finds

News headlines about HubSpot (NYSE:HUBS) have been trending somewhat positive on Friday, Accern Sentiment reports. The research firm identifies negative and positive press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. HubSpot earned a news sentiment score of 0.13 on Accern’s scale. Accern also assigned media coverage about the software maker an impact score of 46.6032161183142 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

Here are some of the headlines that may have impacted Accern’s rankings:

HubSpot (NYSE:HUBS) traded up $0.15 during midday trading on Friday, hitting $82.85. 500,300 shares of the stock traded hands, compared to its average volume of 437,547. The company has a quick ratio of 3.55, a current ratio of 3.55 and a debt-to-equity ratio of 1.41. HubSpot has a twelve month low of $44.90 and a twelve month high of $88.50.

HubSpot (NYSE:HUBS) last posted its quarterly earnings data on Wednesday, November 1st. The software maker reported $0.03 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.12) by $0.15. HubSpot had a negative net margin of 12.16% and a negative return on equity of 21.93%. The business had revenue of $97.73 million during the quarter, compared to analyst estimates of $96.50 million. During the same quarter last year, the firm posted ($0.05) earnings per share. The business’s revenue for the quarter was up 38.4% compared to the same quarter last year. equities research analysts anticipate that HubSpot will post -0.99 earnings per share for the current year.

HUBS has been the subject of several research analyst reports. UBS increased their target price on shares of HubSpot from $84.00 to $103.00 and gave the stock a “buy” rating in a research note on Thursday, November 9th. Morgan Stanley increased their target price on shares of HubSpot from $90.00 to $93.00 and gave the stock an “overweight” rating in a research note on Monday, October 23rd. Needham & Company LLC reaffirmed a “buy” rating and set a $80.00 target price on shares of HubSpot in a research note on Tuesday, September 19th. Canaccord Genuity increased their target price on shares of HubSpot from $8,398.00 to $98.00 and gave the stock a “buy” rating in a research note on Thursday, November 2nd. Finally, Zacks Investment Research raised shares of HubSpot from a “hold” rating to a “buy” rating and set a $95.00 target price for the company in a research note on Tuesday, October 3rd. Three analysts have rated the stock with a hold rating, seventeen have given a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $84.82.

In related news, insider Dharmesh Shah sold 20,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 21st. The shares were sold at an average price of $73.60, for a total value of $1,472,000.00. Following the sale, the insider now owns 1,716,316 shares of the company’s stock, valued at $126,320,857.60. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, CFO John Kinzer sold 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, September 27th. The shares were sold at an average price of $78.75, for a total transaction of $787,500.00. Following the completion of the sale, the chief financial officer now directly owns 85,947 shares in the company, valued at approximately $6,768,326.25. The disclosure for this sale can be found here. In the last three months, insiders sold 72,000 shares of company stock valued at $5,801,530. Insiders own 12.10% of the company’s stock.

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About HubSpot

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.

Insider Buying and Selling by Quarter for HubSpot (NYSE:HUBS)

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