Qualys Inc (NASDAQ:QLYS) has earned an average rating of “Hold” from the twenty brokerages that are presently covering the company, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, ten have issued a hold recommendation and nine have issued a buy recommendation on the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $95.50.
Several equities research analysts recently commented on the company. Northland Securities reaffirmed a “buy” rating and set a $100.00 target price on shares of Qualys in a research note on Thursday, May 2nd. ValuEngine cut Qualys from a “buy” rating to a “hold” rating in a research note on Friday, June 14th. Wedbush reaffirmed an “outperform” rating and set a $102.00 target price (up previously from $95.00) on shares of Qualys in a research note on Thursday, May 2nd. Royal Bank of Canada raised their target price on Qualys to $90.00 and gave the stock a “sector perform” rating in a research note on Thursday, May 2nd. Finally, Stifel Nicolaus decreased their target price on Qualys from $100.00 to $90.00 and set a “hold” rating for the company in a research note on Thursday, August 1st.
In other Qualys news, VP Bruce K. Posey sold 2,000 shares of the firm’s stock in a transaction that occurred on Monday, June 10th. The stock was sold at an average price of $88.61, for a total value of $177,220.00. Following the completion of the sale, the vice president now owns 61,972 shares of the company’s stock, valued at $5,491,338.92. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Jeffrey P. Hank sold 1,300 shares of the firm’s stock in a transaction that occurred on Monday, August 12th. The shares were sold at an average price of $82.34, for a total value of $107,042.00. Following the completion of the sale, the director now directly owns 10,114 shares of the company’s stock, valued at approximately $832,786.76. The disclosure for this sale can be found here. Insiders sold 24,445 shares of company stock valued at $2,102,022 in the last three months. Insiders own 17.30% of the company’s stock.
Shares of QLYS stock traded down $1.75 on Friday, hitting $82.17. The company had a trading volume of 220,079 shares, compared to its average volume of 368,698. The firm has a market cap of $3.29 billion, a P/E ratio of 69.05 and a beta of 1.33. The stock’s 50-day moving average is $86.40 and its two-hundred day moving average is $86.02. Qualys has a twelve month low of $65.93 and a twelve month high of $97.12.
Qualys (NASDAQ:QLYS) last released its earnings results on Wednesday, July 31st. The software maker reported $0.39 EPS for the quarter, topping the consensus estimate of $0.35 by $0.04. Qualys had a return on equity of 16.53% and a net margin of 22.45%. The business had revenue of $78.93 million during the quarter, compared to analysts’ expectations of $78.54 million. During the same quarter last year, the firm posted $0.39 earnings per share. The firm’s revenue was up 15.8% on a year-over-year basis. As a group, analysts expect that Qualys will post 1.42 EPS for the current fiscal year.
Qualys Company Profile
Qualys, Inc provides cloud-based security and compliance solutions in the United States and internationally. The company offers Qualys Cloud Apps, which includes Asset Inventory, CMDB Sync, Vulnerability Management, Continuous Monitoring, Cloud Agent, Threat Protection, Security Configuration Assessment, Indication of Compromise, Policy Compliance, PCI Compliance, Security Assessment Questionnaire, File Integrity Monitoring, Web Application Scanning, and Web Application Firewall.
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