HubSpot Inc. (NYSE:HUBS) traded with an addition of $15.93 to close at $293.48 on Thursday, an upside of 5.74 percent. An average of 438,337 shares of common stock have been traded in the last five days. There was a fall of -$1.43 in the past week, and it reached a new high 1 time over the past 12 months. The last 20 days have seen an average of 584,474 shares traded, while the 50-day average volume stands at 746,528.
HUBS stock has decreased by -3.87% in the last month. The company shares reached their 1-month lowest point of $265.74 on 12/06/22. With the stock rallying to its 52-week high on 01/03/22, shares of the company touched a low of $245.03 and a high of $678.99 in 52 weeks. It has reached a new high 1 time so far this year and lost -57.89% or -$365.87 in price. In spite of this, the price is down -56.78% from the 52-week high.
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HUBS stock investors should be aware that HubSpot Inc. (HUBS) stock had its last reported insider trading activity 9 days ago on Dec 20. In this transaction, the insider spent $2,400,060. Executive Chair, Halligan Brian, disposed of 8,500 shares at a price of $303.38 on Nov 15. The insider now owns more than $2,578,730 worth of shares. Prior to that, Executive Chair Halligan Brian went on to Sale 8,500 shares at $284.70 each on Oct 18. An amount of $2,419,950 was transacted.
HubSpot Inc. (HUBS) stock’s beta is 1.56. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 8.33, the price-to-book (PB) ratio at 14.72, and the price-to-cash flow ratio at 57.64.
The quick ratio of HubSpot Inc. for the three months ended September 29 was 2.30, and the current ratio was 2.30, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.50 and a total debt to equity ratio of 0.50 for the quarter ending September 29. Its gross profit as reported stood at $1.04 billion compared to revenue of $1.3 billion.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, HubSpot Inc.’s return on assets was -5.50%.
For the three-month period that ended September 29, HubSpot Inc. had $952.7 million in cash. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of -$31.41 million in the quarter, while revenues of -$56.36 million were grew 56.26%. The analyst consensus anticipated HubSpot Inc.’s latest quarter earnings to come in at $0.51 per share, but it turned out to be $0.69, a 35.30% surprise. For the quarter, EBITDA amounted to -$16.01 million. Shareholders own equity worth $48.58 million.
From a technical analysis perspective, let’s take a brief look at HubSpot Inc. (HUBS) price momentum. RSI 9-day as of the close on 28 December was 53.97%, suggesting the stock is Neutral, with historical volatility in this time frame at 43.02%.
As of today, HUBS’s price is $281.93 -0.49% or -$1.43 from its 5-day moving average. HUBS is currently trading -3.22% lower than its 20-day SMA and -23.87% lower than its 100-day SMA. However, the stock’s current price level is +6.26% above the SMA50 and -27.31% below the SMA200.
The stochastic %K and %D were 23.83% and 21.21%, respectively, and the average true range (ATR) was 14.16. With the 14-day stochastic at 45.17% and the average true range at 15.07, the RSI (14) stands at 52.30%. The stock has reached -4.72 on the 9-day MACD Oscillator while the 14-day reading was at -10.27.
Credit Suisse launched coverage on HubSpot Inc. (NYSE: HUBS) in its analyst report released on November 22, 2022. The firm assigned the stock an Outperform rating.
What is HUBS’s price target for the next 12 months?
Analysts predict a range of price targets between $320.00 and $475.00, with a median target of $377.50. Taking a look at these predictions, the average price target given by analysts for HubSpot Inc. (HUBS) stock is $376.85.