Qualys (QLYS) Scheduled to Post Earnings on Tuesday

Qualys (NASDAQ:QLYS) will post its quarterly earnings results after the market closes on Tuesday, May 7th. Analysts expect Qualys to post earnings of $1.31 per share for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

Qualys (NASDAQ:QLYS) last announced its earnings results on Wednesday, February 7th. The software maker reported $1.08 earnings per share for the quarter, topping the consensus estimate of $0.82 by $0.26. The business had revenue of $144.57 million during the quarter, compared to the consensus estimate of $144.69 million. Qualys had a net margin of 27.34% and a return on equity of 49.06%. On average, analysts expect Qualys to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Qualys Stock Down 1.4 %

QLYS stock traded down $2.35 during trading on Tuesday, hitting $165.92. The company had a trading volume of 48,268 shares, compared to its average volume of 450,951. The firm has a 50-day moving average price of $166.63 and a 200-day moving average price of $175.84. The firm has a market cap of $6.13 billion, a PE ratio of 41.65 and a beta of 0.51. Qualys has a 1-year low of $107.00 and a 1-year high of $206.35.

Insider Buying and Selling at Qualys

In other Qualys news, insider Bruce K. Posey sold 1,430 shares of the firm’s stock in a transaction on Wednesday, March 20th. The stock was sold at an average price of $164.91, for a total transaction of $235,821.30. Following the completion of the transaction, the insider now owns 63,057 shares of the company’s stock, valued at $10,398,729.87. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other Qualys news, insider Bruce K. Posey sold 1,430 shares of Qualys stock in a transaction that occurred on Wednesday, March 20th. The shares were sold at an average price of $164.91, for a total value of $235,821.30. Following the completion of the sale, the insider now directly owns 63,057 shares of the company’s stock, valued at approximately $10,398,729.87. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Bruce K. Posey sold 1,443 shares of the stock in a transaction on Monday, April 22nd. The stock was sold at an average price of $167.33, for a total value of $241,457.19. Following the transaction, the insider now directly owns 62,614 shares in the company, valued at approximately $10,477,200.62. The disclosure for this sale can be found here. Insiders have sold 14,792 shares of company stock valued at $2,455,489 over the last quarter. Corporate insiders own 1.20% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. Stephens restated an “equal weight” rating and set a $190.00 price objective on shares of Qualys in a research report on Thursday, February 8th. StockNews.com cut shares of Qualys from a “buy” rating to a “hold” rating in a report on Sunday, April 21st. Royal Bank of Canada lowered their price objective on Qualys from $212.00 to $180.00 and set a “sector perform” rating on the stock in a report on Thursday, February 8th. TD Cowen assumed coverage on Qualys in a research note on Tuesday, March 26th. They set a “market perform” rating and a $170.00 target price for the company. Finally, Scotiabank initiated coverage on Qualys in a research note on Friday. They issued a “sector perform” rating and a $172.00 price target on the stock. Four research analysts have rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, Qualys currently has a consensus rating of “Hold” and a consensus price target of $154.57.

About Qualys

Qualys, Inc, together with its subsidiaries, provides cloud-based platform delivering information technology (IT), security, and compliance solutions in the United States and internationally. It offers Qualys Cloud Apps, which include Cybersecurity Asset Management and External Attack Surface Management; Vulnerability Management, Detection and Response; Web Application Scanning; Patch Management; Custom Assessment and Remediation; Multi-Vector Endpoint Detection and Response; Context Extended Detection and Response; Policy Compliance; File Integrity Monitoring; and Qualys TotalCloud, as well as Cloud Workload Protection, Cloud Detection and Response, Cloud Security Posture Management, Infrastructure as Code, and Container Security.