Wall Street analysts expect HubSpot Inc (NYSE:HUBS) to announce $0.04 earnings per share for the current fiscal quarter, according to Zacks. Nine analysts have issued estimates for HubSpot’s earnings, with the lowest EPS estimate coming in at $0.04 and the highest estimate coming in at $0.05. HubSpot reported earnings per share of $0.03 during the same quarter last year, which indicates a positive year-over-year growth rate of 33.3%. The company is scheduled to report its next earnings report on Wednesday, November 7th.

According to Zacks, analysts expect that HubSpot will report full year earnings of $0.65 per share for the current year, with EPS estimates ranging from $0.64 to $0.67. For the next financial year, analysts expect that the firm will report earnings of $1.06 per share, with EPS estimates ranging from $0.90 to $1.18. Zacks’ earnings per share calculations are an average based on a survey of sell-side research analysts that that provide coverage for HubSpot.

HubSpot (NYSE:HUBS) last released its quarterly earnings data on Wednesday, August 1st. The software maker reported $0.18 earnings per share for the quarter, beating 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 company had revenue of $122.60 million during the quarter, compared to analysts’ expectations of $117.75 million. During the same quarter in the previous year, the company earned $0.07 earnings per share. The firm’s revenue for the quarter was up 37.6% on a year-over-year basis.

A number of research firms have weighed in on HUBS. Summit Insights reaffirmed a “hold” rating on shares of HubSpot in a report on Thursday, September 6th. Needham & Company LLC boosted their target price on shares of HubSpot to $160.00 and gave the stock a “buy” rating in a research note on Thursday, September 6th. Morgan Stanley boosted their target price on shares of HubSpot from $119.00 to $148.00 and gave the stock an “equal weight” rating in a research note on Friday, September 7th. Canaccord Genuity boosted their target price on shares of HubSpot from $140.00 to $160.00 and gave the stock a “buy” rating in a research note on Thursday, September 6th. Finally, Stifel Nicolaus boosted their target price on shares of HubSpot from $136.00 to $145.00 and gave the stock a “buy” rating in a research note on Thursday, September 6th. Six analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $127.33.

In related news, insider Hunter Madeley sold 1,000 shares of the company’s stock in a transaction dated Wednesday, September 5th. The shares were sold at an average price of $144.75, for a total transaction of $144,750.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Ronald S. Gill sold 4,140 shares of the company’s stock in a transaction dated Monday, September 10th. The shares were sold at an average price of $152.33, for a total transaction of $630,646.20. Following the sale, the director now directly owns 18,214 shares of the company’s stock, valued at approximately $2,774,538.62. The disclosure for this sale can be found here. Insiders have sold 132,482 shares of company stock valued at $17,425,152 in the last three months. Corporate insiders own 9.60% of the company’s stock.

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Flinton Capital Management LLC purchased a new stake in HubSpot during the 2nd quarter valued at about $108,000. Meadow Creek Investment Management LLC purchased a new stake in HubSpot during the 2nd quarter valued at about $149,000. Flagship Harbor Advisors LLC purchased a new stake in HubSpot during the 2nd quarter valued at about $161,000. Global X Management Co LLC purchased a new stake in HubSpot during the 2nd quarter valued at about $172,000. Finally, CIBC Private Wealth Group LLC purchased a new stake in HubSpot during the 2nd quarter valued at about $174,000. 96.41% of the stock is owned by institutional investors.

HUBS traded up $1.40 on Thursday, reaching $160.55. The stock had a trading volume of 1,474 shares, compared to its average volume of 418,778. HubSpot has a 12-month low of $71.50 and a 12-month high of $160.85. The company has a debt-to-equity ratio of 1.35, a quick ratio of 3.26 and a current ratio of 3.26. The stock has a market capitalization of $6.17 billion, a price-to-earnings ratio of -158.33 and a beta of 1.95.

HubSpot Company Profile

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.

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