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Qualys (NASDAQ:QLYS)‘s stock had its “neutral” rating restated by equities research analysts at Credit Suisse in a research note issued to investors on Tuesday. They currently have a $22.00 price objective on the stock, up from their previous price objective of $20.00. Credit Suisse’s price objective suggests a potential downside of 13.18% from the company’s current price.

A number of other firms have also recently commented on QLYS. Analysts at Imperial Capital raised their price target on shares of Qualys from $29.00 to $31.00 in a research note on Tuesday. They now have an “outperform” rating on the stock. Separately, analysts at JMP Securities raised their price target on shares of Qualys from $25.00 to $30.00 in a research note on Tuesday. They now have an “outperform” rating on the stock. Finally, analysts at BMO Capital Markets raised their price target on shares of Qualys from $22.00 to $26.00 in a research note on Tuesday. They now have a “market perform” rating on the stock. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and three have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $25.79.

In other Qualys news, VP Sumedh S. Thakar sold 1,500 shares of Qualys stock in a transaction that occurred on Thursday, July 24th. The shares were sold at an average price of $24.74, for a total value of $37,110.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Shares of Qualys (NASDAQ:QLYS) traded up 14.80% during mid-day trading on Tuesday, hitting $29.09. The stock had a trading volume of 787,818 shares. Qualys has a 52-week low of $17.00 and a 52-week high of $29.94. The stock has a 50-day moving average of $25.06 and a 200-day moving average of $24.72. The company has a market cap of $950.7 million and a price-to-earnings ratio of 460.73.

Qualys (NASDAQ:QLYS) last released its earnings data on Monday, August 4th. The company reported $0.11 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.06 by $0.05. The company had revenue of $32.30 million for the quarter, compared to the consensus estimate of $31.64 million. During the same quarter last year, the company posted $0.06 earnings per share. Qualys’s revenue was up 22.8% compared to the same quarter last year. Analysts expect that Qualys will post $0.25 EPS for the current fiscal year.

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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