Zacks: Brokerages Anticipate HubSpot, Inc. (HUBS) to Post $0.07 EPS

Analysts predict that HubSpot, Inc. (NYSE:HUBS) will post earnings per share (EPS) of $0.07 for the current quarter, Zacks Investment Research reports. Seven analysts have provided estimates for HubSpot’s earnings, with estimates ranging from $0.05 to $0.08. HubSpot reported earnings of ($0.13) per share during the same quarter last year, which indicates a positive year-over-year growth rate of 153.8%. The business is expected to report its next quarterly earnings report on Tuesday, February 13th.

On average, analysts expect that HubSpot will report full year earnings of $0.19 per share for the current fiscal year, with EPS estimates ranging from $0.06 to $0.21. For the next fiscal year, analysts anticipate that the business will report earnings of $0.39 per share, with EPS estimates ranging from $0.19 to $0.61. Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side research analysts that that provide coverage for HubSpot.

HubSpot (NYSE:HUBS) last posted its quarterly earnings results on Wednesday, November 1st. The software maker reported $0.03 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.12) by $0.15. The company had revenue of $97.73 million during the quarter, compared to analyst estimates of $96.50 million. HubSpot had a negative net margin of 12.16% and a negative return on equity of 21.93%. The firm’s revenue for the quarter was up 38.4% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.05) earnings per share.

HUBS has been the subject of several research reports. Morgan Stanley increased their price target on shares of HubSpot from $90.00 to $93.00 and gave the company an “overweight” rating in a research report on Monday, October 23rd. UBS increased their price target on shares of HubSpot from $84.00 to $103.00 and gave the company a “buy” rating in a research report on Thursday, November 9th. Zacks Investment Research lowered shares of HubSpot from a “buy” rating to a “hold” rating in a research report on Tuesday, November 28th. Evercore ISI initiated coverage on shares of HubSpot in a research report on Friday, September 8th. They set an “outperform” rating and a $90.00 price target for the company. Finally, Needham & Company LLC increased their price target on shares of HubSpot to $95.00 and gave the company a “buy” rating in a research report on Thursday, November 2nd. Three research analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has given a strong buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $84.82.

HubSpot (NYSE HUBS) opened at $82.70 on Wednesday. The company has a debt-to-equity ratio of 1.41, a current ratio of 3.55 and a quick ratio of 3.55. HubSpot has a 1 year low of $44.90 and a 1 year high of $88.50.

In other news, insider Dharmesh Shah sold 20,000 shares of the stock in a transaction dated 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 directly owns 1,716,316 shares of the company’s stock, valued at $126,320,857.60. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Hunter Madeley sold 1,000 shares of the stock in a transaction dated Tuesday, October 3rd. The stock was sold at an average price of $84.35, for a total transaction of $84,350.00. The disclosure for this sale can be found here. Insiders have sold 72,000 shares of company stock valued at $5,801,530 in the last quarter. Company insiders own 12.10% of the company’s stock.

Several institutional investors have recently made changes to their positions in HUBS. Stifel Financial Corp raised its stake in HubSpot by 4.7% in the second quarter. Stifel Financial Corp now owns 6,320 shares of the software maker’s stock valued at $418,000 after purchasing an additional 285 shares in the last quarter. Ameritas Investment Partners Inc. raised its stake in HubSpot by 18.5% in the second quarter. Ameritas Investment Partners Inc. now owns 2,955 shares of the software maker’s stock valued at $194,000 after purchasing an additional 462 shares in the last quarter. Prudential Financial Inc. raised its stake in HubSpot by 14.5% in the second quarter. Prudential Financial Inc. now owns 4,900 shares of the software maker’s stock valued at $322,000 after purchasing an additional 620 shares in the last quarter. Sei Investments Co. raised its stake in HubSpot by 41.3% in the second quarter. Sei Investments Co. now owns 2,157 shares of the software maker’s stock valued at $142,000 after purchasing an additional 631 shares in the last quarter. Finally, Rhumbline Advisers raised its stake in HubSpot by 1.7% in the third quarter. Rhumbline Advisers now owns 38,180 shares of the software maker’s stock valued at $3,209,000 after purchasing an additional 641 shares in the last quarter. 93.23% of the stock is currently owned by hedge funds and other institutional investors.

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HubSpot Company Profile

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.

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