Qualys (NASDAQ:QLYS)‘s stock had its “hold” rating reiterated by investment analysts at Rosenblatt Securities in a research note issued on Thursday, AnalystRatings.com reports. They currently have a $93.00 price objective on the software maker’s stock. Rosenblatt Securities’ price objective would indicate a potential upside of 0.61% from the company’s previous close.
Several other brokerages also recently weighed in on QLYS. Royal Bank of Canada restated a “hold” rating and set a $90.00 price objective on shares of Qualys in a research report on Sunday, February 9th. Robert W. Baird upped their price objective on Qualys from $90.00 to $95.00 and gave the stock a “neutral” rating in a research report on Thursday. Needham & Company LLC restated a “buy” rating and set a $105.00 price objective on shares of Qualys in a research report on Thursday, November 21st. Zacks Investment Research downgraded Qualys from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 1st. Finally, BidaskClub upgraded Qualys from a “sell” rating to a “hold” rating in a research report on Friday, January 24th. Twelve analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $95.69.
Shares of QLYS stock opened at $92.44 on Thursday. Qualys has a twelve month low of $72.76 and a twelve month high of $95.99. The company has a market cap of $3.49 billion, a P/E ratio of 60.42 and a beta of 1.36. The business has a fifty day simple moving average of $85.88 and a 200 day simple moving average of $83.11.
Qualys (NASDAQ:QLYS) last announced its quarterly earnings data on Wednesday, February 12th. The software maker reported $0.64 earnings per share for the quarter, topping the consensus estimate of $0.41 by $0.23. Qualys had a return on equity of 18.15% and a net margin of 20.27%. The business had revenue of $84.70 million during the quarter, compared to the consensus estimate of $84.68 million. During the same period in the prior year, the company earned $0.51 EPS. Qualys’s revenue for the quarter was up 14.2% on a year-over-year basis. On average, analysts anticipate that Qualys will post 1.64 EPS for the current year.
In other news, Director Jeffrey P. Hank sold 11,250 shares of the stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $84.02, for a total value of $945,225.00. Following the completion of the sale, the director now owns 20,964 shares of the company’s stock, valued at $1,761,395.28. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, VP Bruce K. Posey sold 1,000 shares of the business’s stock in a transaction dated Monday, February 10th. The stock was sold at an average price of $89.28, for a total value of $89,280.00. Following the transaction, the vice president now owns 82,702 shares of the company’s stock, valued at $7,383,634.56. The disclosure for this sale can be found here. Insiders sold 28,086 shares of company stock valued at $2,407,427 over the last quarter. Corporate insiders own 17.30% of the company’s stock.
Several hedge funds have recently bought and sold shares of the business. FMR LLC lifted its position in Qualys by 42.0% in the 4th quarter. FMR LLC now owns 544 shares of the software maker’s stock valued at $46,000 after acquiring an additional 161 shares in the last quarter. First Quadrant L P CA bought a new position in Qualys in the 4th quarter valued at approximately $53,000. Point72 Hong Kong Ltd bought a new position in Qualys in the 4th quarter valued at approximately $62,000. Huntington National Bank lifted its position in Qualys by 223.8% in the 4th quarter. Huntington National Bank now owns 842 shares of the software maker’s stock valued at $70,000 after acquiring an additional 582 shares in the last quarter. Finally, SRS Capital Advisors Inc. lifted its position in Qualys by 57.5% in the 3rd quarter. SRS Capital Advisors Inc. now owns 1,041 shares of the software maker’s stock valued at $79,000 after acquiring an additional 380 shares in the last quarter. Hedge funds and other institutional investors own 86.85% of the company’s stock.
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.
Read More: Quiet Period
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