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Qualys (NASDAQ:QLYS) was downgraded by Zacks from a “neutral” rating to an “underperform” rating in a research report issued on Thursday, Analyst RN reports. They currently have a $25.70 price target on the stock. Zacks‘ target price indicates a potential downside of 5.20% from the company’s current price.

QLYS has been the subject of a number of other recent research reports. Analysts at Imperial Capital raised their price target on shares of Qualys from $30.00 to $33.00 in a research note on Tuesday. They now have an “outperform” rating on the stock. Separately, analysts at Pacific Crest downgraded shares of Qualys from an “outperform” rating to a “sector perform” rating in a research note on Tuesday. They now have a $30.00 price target on the stock. Finally, analysts at Sterne Agee initiated coverage on shares of Qualys in a research note on Tuesday, February 4th. They set a “neutral” rating on the stock. One analyst has rated the stock with a sell rating, seven have issued a hold rating and five have issued a buy rating to the stock. Qualys has a consensus rating of “Hold” and an average target price of $24.47.

Qualys (NASDAQ:QLYS) traded up 0.79% during mid-day trading on Thursday, hitting $27.295. 117,369 shares of the company’s stock traded hands. Qualys has a 1-year low of $10.15 and a 1-year high of $29.94. The stock has a 50-day moving average of $26.70 and a 200-day moving average of $22.51. The company has a market cap of $881.2 million and a P/E ratio of 541.60.

Qualys (NASDAQ:QLYS) last issued its quarterly earnings data on Monday, February 10th. The company reported $0.05 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.05. The company had revenue of $29.00 million for the quarter, compared to the consensus estimate of $28.89 million. During the same quarter in the prior year, the company posted $0.06 earnings per share. The company’s quarterly revenue was up 17.4% on a year-over-year basis. On average, analysts predict that Qualys will post $0.24 earnings per share for the current fiscal year.

In other Qualys news, VP Sumedh Thakar unloaded 1,200 shares of the company’s stock on the open market in a transaction that occurred on Friday, February 7th. The stock was sold at an average price of $27.64, for a total transaction of $33,168.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Qualys, Inc (NASDAQ:QLYS) is a provider of clouds security and compliance solutions that enable organizations to identify security risks to their information technology (IT) infrastructures, help protect their IT systems and applications from cyber attacks and achieve compliance with internal policies and external regulations.

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