HubSpot Inc (NYSE:HUBS) has received a consensus rating of “Buy” from the twenty-one brokerages that are covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, three have given a hold recommendation, fourteen have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $93.93.
Several equities research analysts recently issued reports on the company. Zacks Investment Research downgraded HubSpot from a “buy” rating to a “hold” rating in a report on Tuesday, November 28th. JPMorgan Chase & Co. upped their price target on HubSpot from $95.00 to $102.00 and gave the stock an “overweight” rating in a report on Monday, February 12th. UBS Group upped their price target on HubSpot from $84.00 to $103.00 and gave the stock a “buy” rating in a report on Thursday, November 9th. Morgan Stanley downgraded HubSpot from an “overweight” rating to an “equal” rating in a report on Tuesday, January 30th. Finally, SunTrust Banks upped their price target on HubSpot to $112.00 and gave the stock a “buy” rating in a report on Wednesday, February 14th.
Shares of HubSpot (NYSE:HUBS) traded up $0.15 during trading hours on Tuesday, hitting $116.95. The stock had a trading volume of 153,980 shares, compared to its average volume of 435,603. The company has a debt-to-equity ratio of 1.42, a current ratio of 3.38 and a quick ratio of 3.38. HubSpot has a one year low of $56.85 and a one year high of $118.00. The firm has a market capitalization of $4,423.73, a price-to-earnings ratio of -108.42 and a beta of 1.94.
A number of large investors have recently made changes to their positions in the business. State Street Corp grew its stake in shares of HubSpot by 17.4% during the 2nd quarter. State Street Corp now owns 622,514 shares of the software maker’s stock worth $40,930,000 after acquiring an additional 92,448 shares during the period. American International Group Inc. grew its stake in shares of HubSpot by 8.1% during the 3rd quarter. American International Group Inc. now owns 22,572 shares of the software maker’s stock worth $1,897,000 after acquiring an additional 1,687 shares during the period. Legal & General Group Plc grew its stake in shares of HubSpot by 13.3% during the 3rd quarter. Legal & General Group Plc now owns 13,969 shares of the software maker’s stock worth $1,168,000 after acquiring an additional 1,641 shares during the period. JPMorgan Chase & Co. grew its stake in shares of HubSpot by 29.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 505,034 shares of the software maker’s stock worth $41,386,000 after acquiring an additional 113,604 shares during the period. Finally, New York State Common Retirement Fund grew its stake in shares of HubSpot by 25.2% during the 3rd quarter. New York State Common Retirement Fund now owns 117,761 shares of the software maker’s stock worth $9,898,000 after acquiring an additional 23,668 shares during the period. Hedge funds and other institutional investors own 97.73% of the company’s stock.
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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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