$0.69 EPS Expected for Qualys, Inc. (NASDAQ:QLYS) This Quarter


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Equities analysts expect that Qualys, Inc. (NASDAQ:QLYS) will post $0.69 earnings per share for the current quarter, Zacks reports. Five analysts have made estimates for Qualys’ earnings, with the highest EPS estimate coming in at $0.70 and the lowest estimate coming in at $0.68. Qualys reported earnings per share of $0.65 in the same quarter last year, which suggests a positive year-over-year growth rate of 6.2%. The business is expected to issue its next quarterly earnings report after the market closes on Wednesday, May 5th.

According to Zacks, analysts expect that Qualys will report full year earnings of $2.66 per share for the current fiscal year, with EPS estimates ranging from $2.62 to $2.82. For the next year, analysts anticipate that the company will report earnings of $2.97 per share, with EPS estimates ranging from $2.90 to $3.02. Zacks’ earnings per share calculations are a mean average based on a survey of sell-side research firms that that provide coverage for Qualys.

Qualys (NASDAQ:QLYS) last posted its quarterly earnings data on Wednesday, February 10th. The software maker reported $0.71 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.50 by $0.21. Qualys had a return on equity of 20.99% and a net margin of 25.06%. The firm had revenue of $94.80 million during the quarter, compared to analyst estimates of $94.59 million. During the same period last year, the company posted $0.64 EPS. The business’s quarterly revenue was up 11.9% on a year-over-year basis.

A number of equities analysts have issued reports on the company. Truist lifted their price target on Qualys from $85.00 to $100.00 in a research note on Wednesday, January 27th. Zacks Investment Research raised shares of Qualys from a “strong sell” rating to a “hold” rating in a report on Wednesday, April 14th. Needham & Company LLC cut shares of Qualys from a “buy” rating to a “hold” rating in a report on Thursday, February 11th. Morgan Stanley lowered shares of Qualys from an “equal weight” rating to an “underweight” rating and set a $110.00 price target for the company. in a research report on Wednesday, February 10th. Finally, Wedbush reduced their price target on shares of Qualys from $140.00 to $130.00 and set an “outperform” rating for the company in a research report on Thursday, February 11th. Three investment analysts have rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $112.08.

Shares of QLYS stock traded down $3.60 during mid-day trading on Thursday, hitting $95.79. The company’s stock had a trading volume of 12,465 shares, compared to its average volume of 498,295. The company’s fifty day simple moving average is $103.89 and its 200-day simple moving average is $105.90. The company has a market cap of $3.75 billion, a PE ratio of 44.53 and a beta of 0.79. Qualys has a 52 week low of $86.65 and a 52 week high of $148.84.

A number of hedge funds and other institutional investors have recently bought and sold shares of QLYS. Amundi Pioneer Asset Management Inc. boosted its position in Qualys by 23.6% during the first quarter. Amundi Pioneer Asset Management Inc. now owns 245,375 shares of the software maker’s stock valued at $20,302,000 after buying an additional 46,875 shares during the period. Great West Life Assurance Co. Can raised its stake in shares of Qualys by 51.1% during the third quarter. Great West Life Assurance Co. Can now owns 60,161 shares of the software maker’s stock valued at $5,896,000 after acquiring an additional 20,348 shares during the last quarter. Kathmere Capital Management LLC bought a new position in shares of Qualys during the third quarter valued at about $1,492,000. Townsquare Capital LLC raised its stake in shares of Qualys by 36.0% during the third quarter. Townsquare Capital LLC now owns 7,996 shares of the software maker’s stock valued at $775,000 after acquiring an additional 2,117 shares during the last quarter. Finally, Brinker Capital Investments LLC bought a new position in shares of Qualys during the third quarter valued at about $1,691,000. Institutional investors and hedge funds own 91.93% of the company’s stock.

About Qualys

Qualys, Inc provides cloud-based information technology (IT), security, and compliance solutions in the United States and internationally. The company offers Qualys Cloud Apps, which includes Vulnerability Management, Vulnerability Management, Detection and Response, Threat Protection, Continuous Monitoring, Patch Management, Multi-Vector Endpoint Detection and Response, Indication of Compromise, Certificate Assessment, Policy Compliance, Security Configuration Assessment, PCI Compliance, File Integrity Monitoring, Security Assessment Questionnaire, Out of-Band Configuration Assessment, Web Application Scanning, Web Application Firewall, Global IT Asset Inventory, CMDB Sync, Certificate Inventory, Cloud Inventory, Cloud Security Assessment, and Container Security.

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