HubSpot (NYSE:HUBS) updated its first quarter earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of $0.10-0.12 for the period, compared to the Thomson Reuters consensus estimate of $0.08. The company issued revenue guidance of $109.2-110.2 million, compared to the consensus revenue estimate of $107.27 million.HubSpot also updated its FY18 guidance to 0.51-0.59 EPS.

A number of brokerages have recently issued reports on HUBS. Oppenheimer upped their price objective on shares of HubSpot from $91.00 to $93.00 and gave the company an outperform rating in a research note on Thursday, November 2nd. Morgan Stanley reaffirmed an equal weight rating and issued a $96.00 price objective (down previously from $99.00) on shares of HubSpot in a research note on Tuesday, January 30th. They noted that the move was a valuation call. UBS Group reaffirmed an outperform rating and issued a $91.00 price objective (up previously from $82.00) on shares of HubSpot in a research note on Thursday, October 26th. JPMorgan Chase & Co. upped their price objective on shares of HubSpot from $95.00 to $102.00 and gave the company an overweight rating in a research note on Monday. Finally, Zacks Investment Research cut shares of HubSpot from a buy rating to a hold rating in a research note on Monday, February 5th. Three analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has given a strong buy rating to the company’s stock. HubSpot currently has an average rating of Buy and a consensus target price of $87.24.

HubSpot (NYSE HUBS) traded up $0.30 during trading hours on Tuesday, reaching $97.00. 724,037 shares of the company were exchanged, compared to its average volume of 355,007. HubSpot has a 52 week low of $55.80 and a 52 week high of $102.30. The company has a quick ratio of 3.55, a current ratio of 3.55 and a debt-to-equity ratio of 1.41. The company has a market cap of $3,630.00, a price-to-earnings ratio of -83.62 and a beta of 2.24.

In related news, Director Julia Herendeen sold 1,000 shares of the company’s stock in a transaction on Friday, December 29th. The shares were sold at an average price of $89.15, for a total transaction of $89,150.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Hunter Madeley sold 7,000 shares of the company’s stock in a transaction on Friday, February 2nd. The shares were sold at an average price of $95.35, for a total transaction of $667,450.00. The disclosure for this sale can be found here. Insiders have sold a total of 35,000 shares of company stock valued at $3,134,850 over the last quarter. 12.10% of the stock is currently 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.

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