HubSpot (HUBS) Set to Announce Quarterly Earnings on Wednesday

HubSpot (NYSE:HUBS) will issue its quarterly earnings data after the market closes on Wednesday, May 5th. Analysts expect the company to announce earnings of ($0.38) per share for the quarter. HubSpot has set its Q1 2021
After-Hours guidance at 0.28-0.30 EPS and its FY 2021
After-Hours guidance at 1.51-1.59 EPS.Individual that wish to listen to the company’s earnings conference call can do so using this link.

HubSpot (NYSE:HUBS) last released its quarterly earnings data on Thursday, February 11th. The software maker reported $0.40 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.42) by $0.82. HubSpot had a negative net margin of 9.78% and a negative return on equity of 4.76%. The company had revenue of $252.07 million during the quarter, compared to analysts’ expectations of $236.36 million. On average, analysts expect HubSpot to post $-1 EPS for the current fiscal year and $-2 EPS for the next fiscal year.

HUBS opened at $520.78 on Tuesday. HubSpot has a fifty-two week low of $154.21 and a fifty-two week high of $574.83. The company has a debt-to-equity ratio of 0.65, a quick ratio of 3.65 and a current ratio of 3.65. The company has a fifty day moving average of $495.31 and a two-hundred day moving average of $422.89. The stock has a market capitalization of $24.52 billion, a price-to-earnings ratio of -287.72 and a beta of 1.78.

A number of research firms have weighed in on HUBS. BMO Capital Markets began coverage on shares of HubSpot in a report on Friday, January 22nd. They issued an “outperform” rating and a $470.00 price objective for the company. Wolfe Research started coverage on shares of HubSpot in a research note on Wednesday, April 28th. They set an “outperform” rating and a $650.00 target price for the company. Summit Insights reissued a “buy” rating on shares of HubSpot in a research note on Thursday, February 11th. Mizuho raised shares of HubSpot from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $360.00 to $525.00 in a research note on Friday, February 12th. Finally, Raymond James raised shares of HubSpot from an “outperform” rating to a “strong-buy” rating and boosted their target price for the stock from $365.00 to $725.00 in a research note on Friday, February 12th. One investment analyst has rated the stock with a hold rating, twenty have assigned a buy rating and one has given a strong buy rating to the stock. HubSpot has a consensus rating of “Buy” and an average target price of $480.56.

In other HubSpot news, CTO Dharmesh Shah sold 20,000 shares of the business’s stock in a transaction that occurred on Tuesday, February 16th. The stock was sold at an average price of $519.74, for a total value of $10,394,800.00. Following the sale, the chief technology officer now owns 1,563,490 shares of the company’s stock, valued at $812,608,292.60. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Brian Halligan sold 8,500 shares of the business’s stock in a transaction that occurred on Tuesday, April 20th. The shares were sold at an average price of $502.20, for a total value of $4,268,700.00. Following the completion of the sale, the chief executive officer now directly owns 644,284 shares in the company, valued at approximately $323,559,424.80. The disclosure for this sale can be found here. In the last three months, insiders sold 39,706 shares of company stock worth $19,968,943. 8.30% of the stock is owned by corporate insiders.

About HubSpot

HubSpot, Inc provides a cloud-based customer relationship management (CRM) platform for businesses in the Americas, Europe, and the Asia Pacific. The company's CRM platform includes marketing, sales, service, and content management systems, as well as integrated applications, such as 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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Earnings History for HubSpot (NYSE:HUBS)

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