While HubSpot Inc has overperformed by 3.70%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, HUBS rose by 66.81%, with highs and lows ranging from $693.85 to $399.48, whereas the simple moving average jumped by 26.69% in the last 200 days.
On March 21, 2024, KeyBanc Capital Markets started tracking HubSpot Inc (NYSE: HUBS) recommending Underweight. A report published by Piper Sandler on December 12, 2023, Upgraded its rating to ‘Overweight’ for HUBS. BMO Capital Markets also reiterated HUBS shares as ‘Outperform’, quoting a target price of $540 on the company’s shares in a report dated November 30, 2023. CapitalOne Initiated an Overweight rating on November 14, 2023, and assigned a price target of $525. Raymond James October 11, 2023d its ‘Strong Buy’ rating to ‘Outperform’ for HUBS, as published in its report on October 11, 2023. Citigroup’s report from September 05, 2023 suggests a price prediction of $695 for HUBS shares, giving the stock a ‘Buy’ rating. Piper Sandler also rated the stock as ‘Neutral’.
Analysis of HubSpot Inc (HUBS)
Further, the quarter-over-quarter increase in sales is 23.90%, showing a positive trend in the upcoming months.
HubSpot Inc’s future performance can be determined with the help of several well-rounded types of analysis and research techniques, with equity being one of the most influential. The goal here is to ensure that your current return on equity of -15.25% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.85, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
The average volume for any stock is also a very valuable indicator of volatility, and HUBS has an average volume of 487.58K. On a monthly basis, the volatility of the stock is set at 3.45%, whereas on a weekly basis, it is put at 3.27%, with a gain of 3.67% over the past seven days. Furthermore, long-term investors anticipate a median target price of $701.02, showing growth from the present price of $682.02, which can serve as yet another indication of whether HUBS is worth investing in or should be passed over.
How Do You Analyze HubSpot Inc Shares?
In addition to analyzing the fundamentals, it is also important to look at how many company employees own stock. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 4.30%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 90.56% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
HUBS shares are owned by institutional investors to the tune of 90.56% at present.
