At the time of writing, HubSpot Inc [HUBS] stock is trading at $659.13, down -1.64%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The HUBS shares have gain 8.06% over the last week, with a monthly amount glided 9.04%, and seem to be holding up well over a long-time horizon.
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On 20, February 2024, HubSpot to Present at the Morgan Stanley Technology Conference. In a post published today on Yahoo Finance, HubSpot, Inc., the customer platform for scaling businesses, announced today that Yamini Rangan, the Company’s Chief Executive Officer, is scheduled to present at the Morgan Stanley Technology Conference in San Francisco on Monday, March 4, 2024 at 2:55 p.m. ET. All interested parties can access the webcast live on the Company’s investor relations website at ir.hubspot.com. The Company will also host 1-on-1 investor meetings on the same day.
From an analyst’s perspective:
HubSpot Inc [NYSE: HUBS] stock has seen the most recent analyst activity on March 21, 2024, when KeyBanc Capital Markets initiated its Underweight rating and assigned the stock a price target of $520. Previously, Piper Sandler upgraded its rating to Overweight on December 12, 2023, and elevated its price target to $610. On November 30, 2023, BMO Capital Markets reiterated its Outperform rating and revised its price target to $540 on the stock. CapitalOne started tracking the stock assigning a Overweight rating and suggested a price target of $525 on November 14, 2023. Raymond James downgraded its rating to a Outperform and reduced its price target to $520 on October 11, 2023. Citigroup started tracking with a Buy rating for this stock on September 05, 2023, and assigned it a price target of $695. In a note dated July 06, 2023, Piper Sandler downgraded an Neutral rating on this stock and boosted its target price from $482 to $520.
For the past year, the stock price of HubSpot Inc fluctuated between $394.26 and $693.85. Currently, Wall Street analysts expect the stock to reach $558.44 within the next 12 months. HubSpot Inc [NYSE: HUBS] shares were valued at $659.13 at the most recent close of the market. An investor can expect a potential drop of -15.28% based on the average HUBS price forecast.
Analyzing the HUBS fundamentals
According to HubSpot Inc [NYSE:HUBS], the company’s sales were 2.17B for trailing twelve months, which represents an 23.90% jump. Gross Profit Margin for this corporation currently stands at 0.84% with Operating Profit Margin at -0.08%, Pretax Profit Margin comes in at -0.07%, and Net Profit Margin reading is -0.08%. To continue investigating profitability, this company’s Return on Assets is posted at -0.06, Equity is -0.15 and Total Capital is -0.08. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.6.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 650.96 points at the first support level, and at 642.78 for the second support level. However, for the 1st resistance point, the stock is sitting at 672.96, and for the 2nd resistance point, it is at 686.78.
HubSpot Inc [HUBS] reported earnings per share of $1.76 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $1.54/share, meaning a difference of $0.22 and a surprise factor of 14.30%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $1.59 per share as compared to estimates of $1.23 per share, a difference of $0.36 representing a surprise of 29.30%.
Ratios To Look Out For
It is important to note that HubSpot Inc [NYSE:HUBS] has a current ratio of 1.85. In addition, the Quick Ratio stands at 1.85 and the Cash Ratio stands at 0.41. Considering the valuation of this stock, the price to sales ratio is 15.39, the price to book ratio is 25.19.
Transactions by insiders
Recent insider trading involved Rangan Yamini, Chief Executive Officer & Pres, that happened on Apr 02 ’24 when 2874.0 shares were sold. Executive Chair, Halligan Brian completed a deal on Mar 19 ’24 to sell 8500.0 shares. Meanwhile, Chief Executive Officer & Pres Rangan Yamini sold 116.0 shares on Mar 04 ’24.
