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HubSpot (HUBS) Stock Moves -0.06%: What You Should Know

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In the latest market close, HubSpot (HUBS - Free Report) reached $633.45, with a -0.06% movement compared to the previous day. The stock's performance was ahead of the S&P 500's daily loss of 0.58%. At the same time, the Dow lost 0.12%, and the tech-heavy Nasdaq lost 1.15%.

Prior to today's trading, shares of the cloud-based marketing and sales software platform had gained 3.45% over the past month. This has outpaced the Computer and Technology sector's loss of 0.47% and the S&P 500's loss of 1.09% in that time.

Analysts and investors alike will be keeping a close eye on the performance of HubSpot in its upcoming earnings disclosure. In that report, analysts expect HubSpot to post earnings of $1.47 per share. This would mark year-over-year growth of 22.5%. Our most recent consensus estimate is calling for quarterly revenue of $597.12 million, up 19.04% from the year-ago period.

For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $6.87 per share and a revenue of $2.56 billion, representing changes of +16.64% and +17.78%, respectively, from the prior year.

Investors should also note any recent changes to analyst estimates for HubSpot. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the company's business health and profitability.

Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.

Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. HubSpot is currently a Zacks Rank #3 (Hold).

In terms of valuation, HubSpot is presently being traded at a Forward P/E ratio of 92.26. Its industry sports an average Forward P/E of 28.22, so one might conclude that HubSpot is trading at a premium comparatively.

One should further note that HUBS currently holds a PEG ratio of 3.02. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The average PEG ratio for the Internet - Software industry stood at 1.78 at the close of the market yesterday.

The Internet - Software industry is part of the Computer and Technology sector. With its current Zacks Industry Rank of 46, this industry ranks in the top 19% of all industries, numbering over 250.

The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

You can find more information on all of these metrics, and much more, on

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