The Dance of the Stock Market
HubSpot (HUBS) recently wrapped up trading at $623.33, down 1.38% from the previous period, as compared to the S&P 500’s 0.86% uptick, Dow’s 1.22% rise, and Nasdaq’s 0.51% increase.
Diving Deeper
Prior to today, this cloud-based marketing and sales software platform had seen a 2.67% increase over the last month. Although this lagged behind the Computer and Technology sector’s 3.76% growth and the S&P 500’s 2.84% rise during that period.
Anticipating Earnings
Investors eagerly await HubSpot’s upcoming earnings report, where an EPS of $1.49 is predicted—an impressive 24.17% jump from the corresponding quarter last year. The Zacks Consensus Estimate also points to a 19.04% increase in revenue, reaching $597.12 million.
Analyst Insights
Recent analyst estimate adjustments hint at evolving business trends. Positive revisions could signal a brighter future for HubSpot. Such adjustments are known to affect stock performance, which savvy investors can leverage using the Zacks Rank system.
Valuation Check
HubSpot’s Forward P/E ratio of 92 surpasses the industry average of 30.17, indicating a premium valuation. Moreover, its PEG ratio of 3.01, compared to the sector average of 1.85, suggests potential overvaluation.
Industry Evaluation
The Internet – Software industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 40, placing it in the top 16% of all industries. Analysis reveals that top-ranked industries outshine the lesser-ranked ones at a 2-to-1 ratio.
Guidance for Investors
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To access HubSpot, Inc.’s free stock analysis report, visit Zacks.com. Stay informed, make informed decisions.
Author’s perspective. Opinions expressed are personal and not endorsed by Nasdaq, Inc.
