HubSpot (HUBS) Earning Favorable Press Coverage, Report Finds

News headlines about HubSpot (NYSE:HUBS) have been trending positive this week, according to Accern Sentiment. The research firm identifies positive and negative news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. HubSpot earned a daily sentiment score of 0.27 on Accern’s scale. Accern also gave media stories about the software maker an impact score of 45.2234377243769 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

Here are some of the media stories that may have effected Accern’s analysis:

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Shares of NYSE HUBS opened at $117.05 on Thursday. HubSpot has a twelve month low of $62.60 and a twelve month high of $124.45. The company has a debt-to-equity ratio of 1.42, a current ratio of 3.38 and a quick ratio of 3.38. The stock has a market capitalization of $4,224.98, a price-to-earnings ratio of -114.75 and a beta of 1.93.

HubSpot (NYSE:HUBS) last issued its quarterly earnings results on Tuesday, February 13th. The software maker reported ($0.22) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.24) by $0.02. HubSpot had a negative net margin of 10.57% and a negative return on equity of 16.27%. The company had revenue of $106.54 million during the quarter, compared to the consensus estimate of $101.60 million. equities research analysts forecast that HubSpot will post -1.26 EPS for the current year.

A number of brokerages recently issued reports on HUBS. UBS lowered shares of HubSpot from a “buy” rating to a “neutral” rating and set a $123.00 target price for the company. in a research report on Thursday, March 8th. Zacks Investment Research upgraded shares of HubSpot from a “sell” rating to a “hold” rating in a research report on Tuesday, March 20th. Bank of America increased their target price on shares of HubSpot from $115.00 to $130.00 and gave the company a “buy” rating in a research report on Wednesday. Evercore ISI lowered shares of HubSpot from an “outperform” rating to an “in-line” rating and set a $90.00 target price for the company. in a research report on Monday, March 12th. They noted that the move was a valuation call. Finally, ValuEngine upgraded shares of HubSpot from a “hold” rating to a “buy” rating in a research report on Monday, April 2nd. Six research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company. HubSpot presently has an average rating of “Buy” and an average price target of $100.47.

In other HubSpot news, insider Dharmesh Shah sold 21,000 shares of the company’s stock in a transaction dated Thursday, February 15th. The shares were sold at an average price of $102.56, for a total transaction of $2,153,760.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Brian Halligan sold 22,500 shares of the company’s stock in a transaction dated Tuesday, March 20th. The shares were sold at an average price of $118.09, for a total transaction of $2,657,025.00. Following the sale, the chief executive officer now directly owns 754,598 shares of the company’s stock, valued at $89,110,477.82. The disclosure for this sale can be found here. Insiders sold a total of 118,995 shares of company stock valued at $13,293,752 over the last three months. 12.10% of the stock is owned by corporate insiders.

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About HubSpot

HubSpot, Inc provides cloud-based marketing and sales software platform that enables businesses to deliver an inbound experience. Its software platform features integrated applications to help businesses to convert visitors into leads, close leads into customers and customers to become promoters of those businesses.

Insider Buying and Selling by Quarter for HubSpot (NYSE:HUBS)

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