Favorable Press Coverage Somewhat Unlikely to Affect HubSpot (HUBS) Stock Price

Media stories about HubSpot (NYSE:HUBS) have been trending positive this week, Accern reports. The research group identifies positive and negative news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. HubSpot earned a news impact score of 0.27 on Accern’s scale. Accern also assigned media coverage 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 future.

Here are some of the headlines that may have effected Accern Sentiment’s analysis:

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Shares of NYSE:HUBS opened at $105.30 on Thursday. The company has a debt-to-equity ratio of 1.42, a quick ratio of 3.38 and a current ratio of 3.38. HubSpot has a twelve month low of $63.00 and a twelve month high of $124.45.

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

A number of research analysts recently issued reports on HUBS shares. Zacks Investment Research upgraded shares of HubSpot from a “hold” rating to a “buy” rating and set a $99.00 price target for the company in a research note on Tuesday, January 2nd. Morgan Stanley downgraded shares of HubSpot from an “overweight” rating to an “equal” rating in a research note on Tuesday, January 30th. JPMorgan Chase lifted their price target on shares of HubSpot from $95.00 to $102.00 and gave the stock an “overweight” rating in a research note on Monday, February 12th. UBS downgraded shares of HubSpot from a “buy” rating to a “neutral” rating and set a $123.00 price target for the company. in a research note on Thursday, March 8th. Finally, Needham & Company LLC lifted their price target on shares of HubSpot from $95.00 to $110.00 and gave the stock a “buy” rating in a research note on Wednesday, February 14th. Seven research analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $101.63.

In other news, CFO John Kinzer sold 20,000 shares of HubSpot stock in a transaction on Monday, April 16th. The shares were sold at an average price of $110.48, for a total value of $2,209,600.00. Following the transaction, the chief financial officer now directly owns 72,505 shares of the company’s stock, valued at approximately $8,010,352.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Hunter Madeley sold 7,000 shares of HubSpot stock in a transaction on Friday, February 2nd. The shares were sold at an average price of $95.35, for a total transaction of $667,450.00. The disclosure for this sale can be found here. Insiders sold a total of 118,995 shares of company stock worth $13,293,752 over the last ninety days. Corporate insiders own 12.10% of the company’s stock.

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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.

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

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