As of Friday close, HubSpot Inc.’s (NYSE:HUBS) stock was up $13.1, moving up 2.66 percent to $504.93. The average number of shares traded per day over the past five days has been 499,360 shares. 3 times new highs have been achieved over the past 5 days, with a -$2.84 fall in that time frame. In the last twenty days, the average volume was 621,870, while in the previous 50 days, it was 534,038.
Since last month, HUBS stock retreated -6.51%. Shares of the company fell to $477.51 on 08/08/23, the lowest level in the past month. A 52-week high of $581.40 was reached on 07/31/23 after having rallying from a 52-week low of $245.03. Since the beginning of this year, HUBS’s stock price has risen by 74.64% or $215.80, and marked a new high 34 times. However, the stock has declined by -13.15% since its 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 4 days ago on Aug 15. Halligan Brian, the Executive Chair of the company, disposed of 8,500 shares for $507.76 on Aug 15. It resulted in a $4,315,960 divestment by the insider. Bueker Kathryn sold 918 shares at an average price of $507.76 on Aug 15. The insider now owns 37,106 shares following the transaction. On Aug 02, Chief Legal Officer Harvey Dawson Alyssa sold 766 shares at $569.43 apiece. The transaction was valued at $436,183.
Valuation Metrics
The stock’s beta is 1.60. Besides these, the trailing price-to-sales (P/S) ratio of 12.97, the price-to-book (PB) ratio of 23.18, and the price-to-cash flow ratio of 115.56 may also be considered.
Financial Health
In the three months ended June 29, HubSpot Inc.’s quick ratio stood at 2.30, while its current ratio was 2.30, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.42, and the total debt-to-equity ratio was 0.42. On the profitability front, the trailing twelve-month gross margin is 82.90% percent. In the year ended June 29, EBITDA margin amounted to -2.70%, whereas operating margins totaled -10.70%. Based on annual data, HUBS earned $1.42 billion in gross profit and brought in $1.73 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -8.50%. Return on equity (ROE) for the past 12 months was -20.30%.
According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. HUBS’s revenue rose 20.29% to $501.62 million during the quarter, while net income inched up to $529.14 million. While analysts expected HubSpot Inc. to report $0.99 quarterly earnings, the actual figure was $1.34 per share, beating the consensus estimate by 35.40%. During the quarter, the company generated -$112.34 million in EBITDA. The liabilities of HubSpot Inc. were 1.65 billion at the end of its most recent quarter ended June 29, and its total debt was $799.98 million. The value of shareholders’ equity is $50.02 million.
Technical Picture
This quick technical analysis looks at HubSpot Inc.’s (HUBS) price momentum. With a historical volatility rate of 33.07%, the RSI 9-day stood at 45.14% on 18 August.
With respect to its five-day moving average, the current HubSpot Inc. price is down by -0.56% percent or -$2.84. At present, HUBS shares trade -7.23% below its 20-day simple moving average and +26.18% percent above its 100-day simple moving average. However, the stock is currently trading approximately +0.32% above its SMA50 and +70.26% above its SMA200.
Stochastic coefficient K was 24.04% and Stochastic coefficient D was 26.42%, while ATR was 18.61. Given the Stochastic reading of 26.99% for the 14-day period, the RSI (14) reading has been calculated as 45.28%. As of today, the MACD Oscillator reading stands at 1.12, while the 14-day reading stands at -5.43.
Analyst Ratings
HubSpot Inc. downgraded its rating on HubSpot Inc. (NYSE: HUBS) to a Neutral in a note to investors on July 06, 2023. The analysts firm previously had an Overweight rating on the stock.HubSpot Inc. (HUBS) has been rated Buy by analysts. According to 0 brokerage firms, HUBS is a sell, and 6 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate HubSpot Inc. stock as buy, with 24 recommending it as overweight.
With a median target price of $590.00, the current consensus forecast for the stock is $485.00 – $660.00. Based on these forecasts, analysts predict HubSpot Inc. (HUBS) will achieve an average price target of $583.04.
