HubSpot (NYSE:HUBS) had its price target reduced by UBS Group from $186.00 to $168.00 in a report released on Wednesday, Stock Target Advisor reports. They currently have a neutral rating on the software maker’s stock.

HUBS has been the subject of several other research reports. Royal Bank of Canada raised HubSpot from a sector perform rating to an outperform rating and lifted their price objective for the stock from $187.00 to $230.00 in a report on Thursday, September 5th. They noted that the move was a valuation call. Evercore ISI set a $175.00 target price on HubSpot and gave the company a hold rating in a research report on Wednesday, August 7th. ValuEngine downgraded HubSpot from a buy rating to a hold rating in a research report on Thursday. Cowen set a $170.00 target price on HubSpot and gave the company a hold rating in a research report on Wednesday, August 7th. Finally, KeyCorp reiterated a hold rating on shares of HubSpot in a research report on Wednesday, September 4th. Ten research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the stock. HubSpot has an average rating of Buy and a consensus target price of $192.58.

Shares of HUBS opened at $141.33 on Wednesday. The company has a debt-to-equity ratio of 0.91, a current ratio of 3.97 and a quick ratio of 3.97. HubSpot has a one year low of $108.39 and a one year high of $207.98. The firm has a market capitalization of $6.44 billion, a P/E ratio of -138.56 and a beta of 1.62. The business has a fifty day moving average of $155.85 and a 200 day moving average of $174.34.

HubSpot (NYSE:HUBS) last issued its quarterly earnings data on Tuesday, November 5th. The software maker reported $0.32 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.24 by $0.08. HubSpot had a negative return on equity of 6.15% and a negative net margin of 8.68%. The company had revenue of $173.62 million during the quarter, compared to analyst estimates of $168.82 million. During the same quarter in the previous year, the company posted $0.17 earnings per share. HubSpot’s revenue was up 31.7% compared to the same quarter last year. Analysts expect that HubSpot will post -0.74 EPS for the current fiscal year.

In other news, CFO Kathryn Bueker sold 544 shares of the business’s stock in a transaction dated Wednesday, October 2nd. The stock was sold at an average price of $149.50, for a total value of $81,328.00. Following the transaction, the chief financial officer now directly owns 37,003 shares in the company, valued at $5,531,948.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Brian Halligan sold 8,500 shares of the business’s stock in a transaction dated Tuesday, August 20th. The shares were sold at an average price of $191.99, for a total value of $1,631,915.00. Following the completion of the transaction, the chief executive officer now owns 743,404 shares in the company, valued at $142,726,133.96. The disclosure for this sale can be found here. Insiders have sold 51,044 shares of company stock worth $8,512,063 over the last quarter. 8.30% of the stock is owned by company insiders.

Several institutional investors have recently made changes to their positions in HUBS. Quest Capital Management Inc. ADV purchased a new position in shares of HubSpot in the third quarter valued at about $32,000. Duncker Streett & Co. Inc. purchased a new position in shares of HubSpot in the second quarter valued at about $34,000. Capital Investment Advisory Services LLC purchased a new position in shares of HubSpot in the second quarter valued at about $36,000. Pearl River Capital LLC purchased a new position in shares of HubSpot in the second quarter valued at about $48,000. Finally, FTB Advisors Inc. lifted its position in shares of HubSpot by 58.8% in the second quarter. FTB Advisors Inc. now owns 351 shares of the software maker’s stock valued at $59,000 after acquiring an additional 130 shares in the last quarter. Institutional investors and hedge funds own 92.53% of the company’s stock.

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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