Brokerages expect that HubSpot Inc (NYSE:HUBS) will announce earnings per share (EPS) of $0.05 for the current quarter, according to Zacks. Nine analysts have made estimates for HubSpot’s earnings, with the lowest EPS estimate coming in at $0.04 and the highest estimate coming in at $0.05. HubSpot posted earnings of $0.03 per share in the same quarter last year, which indicates a positive year-over-year growth rate of 66.7%. The firm is scheduled to issue its next earnings report on Wednesday, November 7th.

According to Zacks, analysts expect that HubSpot will report full year earnings of $0.66 per share for the current financial year, with EPS estimates ranging from $0.64 to $0.67. For the next year, analysts expect that the company will report earnings of $1.06 per share, with EPS estimates ranging from $0.90 to $1.18. Zacks’ earnings per share calculations are a mean average based on a survey of analysts that cover HubSpot.

HubSpot (NYSE:HUBS) last announced its quarterly earnings results on Wednesday, August 1st. The software maker reported $0.18 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.16 by $0.02. HubSpot had a negative net margin of 12.64% and a negative return on equity of 17.00%. The firm had revenue of $122.60 million for the quarter, compared to the consensus estimate of $117.75 million. During the same period in the prior year, the firm posted $0.07 earnings per share. The company’s revenue for the quarter was up 37.6% on a year-over-year basis.

A number of equities research analysts recently weighed in on the stock. UBS Group reaffirmed a “buy” rating on shares of HubSpot in a research note on Tuesday, August 7th. Needham & Company LLC raised their target price on shares of HubSpot from $130.00 to $145.00 and gave the company a “buy” rating in a research note on Thursday, August 2nd. Canaccord Genuity raised their target price on shares of HubSpot from $140.00 to $160.00 and gave the company a “buy” rating in a research note on Thursday, September 6th. Royal Bank of Canada raised their target price on shares of HubSpot to $141.00 and gave the company a “sector perform” rating in a research note on Tuesday, July 31st. Finally, Morgan Stanley raised their target price on shares of HubSpot from $117.00 to $119.00 and gave the company an “equal weight” rating in a research note on Thursday, August 2nd. Six investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $127.33.

HUBS traded up $0.75 on Thursday, reaching $160.35. The company had a trading volume of 385,510 shares, compared to its average volume of 415,951. The company has a market capitalization of $6.17 billion, a P/E ratio of -157.21 and a beta of 1.95. The company has a debt-to-equity ratio of 1.35, a current ratio of 3.26 and a quick ratio of 3.26. HubSpot has a 52-week low of $71.75 and a 52-week high of $162.20.

In other news, CEO Brian Halligan sold 25,000 shares of the firm’s stock in a transaction that occurred on Wednesday, June 20th. The shares were sold at an average price of $140.93, for a total value of $3,523,250.00. Following the transaction, the chief executive officer now owns 735,116 shares in the company, valued at $103,599,897.88. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Ronald S. Gill sold 4,140 shares of the firm’s stock in a transaction that occurred on Monday, September 10th. The stock was sold at an average price of $152.33, for a total transaction of $630,646.20. Following the completion of the transaction, the director now owns 18,214 shares in the company, valued at approximately $2,774,538.62. The disclosure for this sale can be found here. Insiders have sold 106,142 shares of company stock worth $13,883,463 over the last quarter. Company insiders own 9.60% of the company’s stock.

Several institutional investors have recently modified their holdings of HUBS. Public Employees Retirement System of Ohio boosted its holdings in HubSpot by 35.6% in the second quarter. Public Employees Retirement System of Ohio now owns 28,382 shares of the software maker’s stock valued at $3,559,000 after acquiring an additional 7,448 shares in the last quarter. Global X Management Co LLC purchased a new position in HubSpot during the second quarter valued at $172,000. Millennium Management LLC lifted its position in HubSpot by 84.0% during the second quarter. Millennium Management LLC now owns 52,334 shares of the software maker’s stock valued at $6,563,000 after buying an additional 23,893 shares during the period. Scge Management L.P. lifted its position in HubSpot by 25.2% during the second quarter. Scge Management L.P. now owns 795,650 shares of the software maker’s stock valued at $99,775,000 after buying an additional 160,200 shares during the period. Finally, Soros Fund Management LLC purchased a new position in HubSpot during the second quarter valued at $16,611,000. Hedge funds and other institutional investors own 96.41% of the company’s stock.

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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