HUBS (NYSE:HUBS) Target Raised by Needham & Company LLC to $870.00

HUBS stock has undergone multiple analysts rating changes in the recent past.  HubSpot stock Target Raised by Needham & Company LLC on 10/13/2021. In a note to investors, the firm issued a new target price of $870.00. The analysts previously had $680.00 target price. Needham & Company LLC’s price target would indicate a potential upside of 14.73% from the stock’s previous close.

Shares of HubSpot traded up $15.65 on Tuesday, reaching $775.88. 103884 shares of the stock traded hands, compared to its average volume of 494092. On Tuesday, Shares of HubSpot closed at $775.88. The firm’s 50 day moving average is $680.01 and its 200 day moving average is $541.42.HubSpot  has a 12 month low of $283.87 and a 12 month high of $814.90. While on yearly highs and lows, HubSpot today has traded high as $781.47 and has touched $765.70 on the downward trend.

HubSpot Earnings and What to expect: 

HubSpot last announced its quarterly earnings results on August 4th, 2021. The software maker reported $0.43 EPS for the quarter, topping the consensus estimate of $0.32 by $0.11. The firm had revenue of $310.80 million for the quarter, compared to analysts’ expectations of $296.01 million. Its revenue for the quarter was up 52.7% on a year-over-year basis. HubSpot has generated ($1.08) earnings per share over the last year (($1.86) diluted earnings per share). Earnings for HubSpot are expected to decrease in the coming year, from ($1.50) to ($1.77) per share. HubSpot has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Thursday, November 4th, 2021 based off prior year’s report dates.

Earnings for HubSpot are expected to decrease in the coming year, from ($1.50) to ($1.77) per share. The P/E ratio of HubSpot is -407.67, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of HubSpot is -407.67, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. HubSpot has a P/B Ratio of 45.62. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

HubSpot (NYSE:HUBS) Moving Average Technical Analysis

5 day Moving Average is $$714.75 And 5 day price change is $102.52 (15.38%)  with average volume for 5 day average is 661,869. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $695.20 and 20 day price change is $89.92 (13.24%) and average 20 day moving volume is 546,117. 50 day moving average is $680.01  and 50 day price change is $185.38 ( 31.75%)  and with average volume for 50 days is : 475,431. 200 day moving average is $541.42  and 200 day price change is $371.77 (93.53%)  and with average volume for 200 days is : 479,678.

Other owners latest trading in HUBS :

  • On 10/13/2021 shares held by Capital CS Group LLC were 1,725 which equates to market value of $1.18M and appx 1.10% owners of HUBS
  • On 10/13/2021 shares held by Private Capital Group LLC were 86 which equates to market value of $58K and appx 0.00% owners of HUBS
  • On 10/13/2021 shares held by IFM Investors Pty Ltd were 5,883 which equates to market value of $3.98M and appx 0.10% owners of HUBS
  • In total Institutional ownership equates to Institutional Ownership Percentage: 89.74% for HUBS

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