HubSpot (NYSE:HUBS) updated its FY 2018 earnings guidance on Wednesday. The company provided EPS guidance of $0.80-0.82 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.66. The company issued revenue guidance of $505.5-506.5 million, compared to the consensus revenue estimate of $499.07 million.HubSpot also updated its Q4 2018 guidance to $0.29-0.31 EPS.
A number of equities analysts have weighed in on the stock. Zacks Investment Research downgraded shares of HubSpot from a buy rating to a hold rating in a research note on Tuesday, August 7th. Summit Insights reaffirmed a hold rating on shares of HubSpot in a research note on Thursday, September 6th. Needham & Company LLC increased their price target on shares of HubSpot from $130.00 to $145.00 and gave the stock a buy rating in a research note on Thursday, August 2nd. Royal Bank of Canada increased their price target on shares of HubSpot to $141.00 and gave the stock a sector perform rating in a research note on Tuesday, July 31st. Finally, UBS Group increased their price target on shares of HubSpot from $132.00 to $150.00 and gave the stock an outperform rating in a research note on Thursday, September 6th. Five investment analysts have rated the stock with a hold rating, ten have given a buy rating and one has given a strong buy rating to the company. HubSpot currently has a consensus rating of Buy and a consensus target price of $145.00.
Shares of HUBS stock traded up $9.14 during mid-day trading on Wednesday, reaching $144.12. The company’s stock had a trading volume of 723,865 shares, compared to its average volume of 507,285. HubSpot has a 12-month low of $73.15 and a 12-month high of $162.20. The company has a current ratio of 3.26, a quick ratio of 3.26 and a debt-to-equity ratio of 1.35. The company has a market cap of $5.35 billion, a PE ratio of -141.29 and a beta of 1.92.
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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.
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