HubSpot (HUBS) to Release Quarterly Earnings on Wednesday

HubSpot (NYSE:HUBS) will announce its earnings results after the market closes on Wednesday, November 7th. Analysts expect the company to announce earnings of ($0.39) per share for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

HubSpot (NYSE:HUBS) last released its quarterly earnings results on Wednesday, August 1st. The software maker reported $0.18 EPS for the quarter, topping analysts’ consensus estimates of $0.16 by $0.02. HubSpot had a negative net margin of 12.64% and a negative return on equity of 17.00%. The business had revenue of $122.60 million for the quarter, compared to analyst estimates of $117.75 million. During the same period last year, the firm earned $0.07 earnings per share. HubSpot’s revenue for the quarter was up 37.6% compared to the same quarter last year. On average, analysts expect HubSpot to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

NYSE:HUBS opened at $128.76 on Wednesday. HubSpot has a 52 week low of $73.15 and a 52 week high of $162.20. The stock has a market cap of $4.90 billion, a P/E ratio of -126.24 and a beta of 1.94. The company has a debt-to-equity ratio of 1.35, a quick ratio of 3.26 and a current ratio of 3.26.

A number of equities analysts recently commented on HUBS shares. Jefferies Financial Group started coverage on shares of HubSpot in a research report on Tuesday, October 2nd. They set a “buy” rating and a $182.00 price target on the stock. UBS Group started coverage on shares of HubSpot in a research report on Thursday, October 4th. They set a “buy” rating on the stock. Canaccord Genuity raised their price target on shares of HubSpot from $140.00 to $160.00 and gave the stock a “buy” rating in a research report on Thursday, September 6th. Raymond James raised their price target on shares of HubSpot from $124.00 to $150.00 and gave the stock an “outperform” rating in a research report on Monday, July 30th. Finally, Needham & Company LLC raised their target price on shares of HubSpot to $160.00 and gave the company a “buy” rating in a report on Thursday, September 6th. Five research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of $141.53.

In other HubSpot news, insider J Donald Sherman sold 25,000 shares of the firm’s stock in a transaction dated Friday, September 14th. The shares were sold at an average price of $159.73, for a total value of $3,993,250.00. Following the transaction, the insider now directly owns 117,040 shares of the company’s stock, valued at approximately $18,694,799.20. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Hunter Madeley sold 1,000 shares of HubSpot stock in a transaction that occurred on Thursday, August 2nd. The shares were sold at an average price of $120.00, for a total transaction of $120,000.00. Following the sale, the insider now directly owns 47,673 shares in the company, valued at $5,720,760. The disclosure for this sale can be found here. Over the last three months, insiders sold 124,180 shares of company stock worth $17,831,557. Insiders own 9.60% of the company’s stock.

About HubSpot

HubSpot, Inc provides a cloud-based marketing and sales software platform for businesses in the Americas, Europe, and the Asia Pacific. Its software platform includes integrated applications, such as social media, search engine optimization, blogging, Website content management, marketing automation, email, sales productivity, CRM, analytics, and reporting.

Further Reading: Price to Earnings Ratio (PE), For Valuing Stocks

Earnings History for HubSpot (NYSE:HUBS)

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