HubSpot (HUBS) Releases FY18 Earnings Guidance
HubSpot (NYSE:HUBS) updated its FY18 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 0.51-0.59 for the period, compared to the Thomson Reuters consensus estimate of $0.43. The company issued revenue guidance of $481-485 million, compared to the consensus revenue estimate of $473.20 million.HubSpot also updated its Q1 guidance to $0.10-0.12 EPS.
Several analysts recently weighed in on the company. UBS Group lifted their price objective on HubSpot from $103.00 to $105.00 and gave the company an outperform rating in a report on Wednesday. Morgan Stanley restated an equal weight rating and issued a $96.00 price objective (down from $99.00) on shares of HubSpot in a report on Tuesday, January 30th. They noted that the move was a valuation call. Stifel Nicolaus lifted their price objective on HubSpot from $88.00 to $110.00 and gave the company a buy rating in a report on Wednesday. Needham & Company LLC lifted their price objective on HubSpot from $95.00 to $110.00 and gave the company a buy rating in a report on Wednesday. Finally, Zacks Investment Research downgraded HubSpot from a buy rating to a hold rating in a report on Monday, February 5th. Four research analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has assigned a strong buy rating to the company’s stock. HubSpot presently has an average rating of Buy and a consensus price target of $90.94.
HubSpot (HUBS) traded up $3.50 on Wednesday, reaching $100.50. The company’s stock had a trading volume of 202,726 shares, compared to its average volume of 358,374. HubSpot has a 52 week low of $55.80 and a 52 week high of $102.30. The company has a debt-to-equity ratio of 1.41, a current ratio of 3.55 and a quick ratio of 3.55. The stock has a market capitalization of $3,613.83, a price-to-earnings ratio of -86.64 and a beta of 2.24.
TRADEMARK VIOLATION NOTICE: This news story was originally reported by TheOlympiaReport and is owned by of TheOlympiaReport. If you are viewing this news story on another domain, it was copied illegally and republished in violation of US and international trademark & copyright laws. The legal version of this news story can be viewed at https://theolympiareport.com/2018/02/14/hubspot-hubs-releases-fy18-earnings-guidance.html.
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.
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.