HubSpot (HUBS) Receives Coverage Optimism Rating of 0.38

Headlines about HubSpot (NYSE:HUBS) have trended positive recently, according to AlphaOne Sentiment. AlphaOne, a service of Accern, scores the sentiment of news coverage by analyzing more than 20 million news and blog sources in real time. AlphaOne ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. HubSpot earned a news impact score of 0.38 on AlphaOne’s scale. AlphaOne also assigned media stories about the software maker an impact score of 0 out of 100, meaning that recent news coverage is extremely unlikely to have an effect on the company’s share price in the next few days.

These are some of the media stories that may have impacted AlphaOne’s scoring:

Several equities research analysts have recently issued reports on the company. Stephens reaffirmed an “overweight” rating and set a $76.00 target price (up from $70.00) on shares of HubSpot in a research report on Thursday, May 4th. Stifel Nicolaus reaffirmed a “buy” rating and set a $75.00 target price (up from $64.00) on shares of HubSpot in a research report on Thursday, May 4th. Oppenheimer Holdings Inc. set a $70.00 price target on HubSpot and gave the stock a “buy” rating in a research note on Tuesday, February 7th. CIBC reiterated a “buy” rating and set a $78.00 price target on shares of HubSpot in a research note on Thursday, May 4th. Finally, Needham & Company LLC reiterated a “buy” rating and set a $65.00 price target on shares of HubSpot in a research note on Thursday, February 16th. Two analysts have rated the stock with a hold rating and nineteen have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $68.68.

HubSpot (NYSE:HUBS) opened at 68.30 on Friday. The company’s market cap is $2.50 billion. HubSpot has a 52 week low of $41.63 and a 52 week high of $74.80. The firm has a 50-day moving average price of $65.30 and a 200 day moving average price of $57.47.

HubSpot (NYSE:HUBS) last announced its quarterly earnings results on Tuesday, May 2nd. The software maker reported ($0.22) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.33) by $0.11. HubSpot had a negative return on equity of 34.53% and a negative net margin of 16.95%. The firm had revenue of $82.25 million during the quarter, compared to analyst estimates of $79.33 million. Analysts expect that HubSpot will post ($0.08) EPS for the current fiscal year.

In related news, insider Dharmesh Shah sold 7,000 shares of HubSpot stock in a transaction dated Wednesday, February 22nd. The stock was sold at an average price of $62.02, for a total value of $434,140.00. Following the completion of the transaction, the insider now owns 1,763,283 shares in the company, valued at approximately $109,358,811.66. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, General Counsel John P. Kelleher sold 547 shares of HubSpot stock in a transaction dated Monday, April 3rd. The shares were sold at an average price of $60.55, for a total value of $33,120.85. Following the completion of the transaction, the general counsel now owns 38,555 shares of the company’s stock, valued at approximately $2,334,505.25. The disclosure for this sale can be found here. In the last 90 days, insiders sold 130,241 shares of company stock valued at $8,263,401. 18.50% of the stock is owned by company insiders.

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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.

12 Month Chart for NYSE:HUBS

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