HubSpot, Inc. (NYSE:HUBS):
HubSpot Announces Date of Second Quarter 2017 Financial Results Release.
The company is trading up by 3.11 percent from yesterday’s close.
HubSpot, Inc. (HubSpot), launched on April 4, 2005, provides a cloud-based marketing and sales software platform. The Business’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. These integrated applications include social media, search engine optimization, blogging, Website content management, marketing automation, e-mail, sales productivity, customer relationship management (CRM), analytics and reporting. The Business’s products include HubSpot Marketing, HubSpot CRM and HubSpot Sales. The Company offers Professional Services and support. It offers professional services to educate and train customers on how to leverage its software platform and inbound marketing methodology to transform how their business attracts, engages and delights customers. Its professional services are also available to customers needing additional assistance on a one-time or ongoing basis for an additional fee..
It is trading at $69.55 which is marginally lower than the 50 day moving average of $69.87 and which is slightly above the 200 day moving average of $60.62. The 50 day moving average went down $-0.32 or -0.46% and the 200 day average was up $8.93.
As of the last earnings report the EPS was $-1.22 and is projected to be $-0.08 for the current year with 36,555,000 shares outstanding. Next quarter’s EPS is forecasted at $-0.12 and the next full year EPS is projected to be $0.20.
Wall Street analysts have weighed in on HUBS recently. On June 27, 2017 SunTrust Robinson Humphrey initiated coverage on HUBS with a rating of “Buy”. On December 2 analysts at Oppenheimer started covering HUBS by announcing an initial rating of “Outperform”.
Equity analyst BTIG Research initiated coverage on the stock setting a rating of “Neutral”. On October 31, 2016 the stock rating was changed to a “Overweight” in a report from JP Morgan a boost from the previous “Neutral” rating.
Goldman Sachs added the stock to its research portfolio giving it an initial rating of “Neutral” and projecting a price target of $57.00. DA Davidson starting coverage on HUBS with an initial rating of “Buy” and a price target of $76.00.