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Analysts at JMP Securities increased their target price on shares of Qualys (NASDAQ:QLYS) from $25.00 to $30.00 in a research report issued to clients and investors on Tuesday. The firm currently has an “outperform” rating on the stock. JMP Securities’ price objective points to a potential upside of 18.39% from the company’s current price.

Several other analysts have also recently commented on the stock. 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. Separately, analysts at TheStreet downgraded shares of Qualys from a “hold” rating to a “sell” rating in a research note on Wednesday, May 7th. Finally, analysts at Imperial Capital reiterated an “outperform” rating on shares of Qualys in a research note on Wednesday, May 7th. They now have a $29.00 price target on the stock, down previously from $33.00. They noted that the move was a valuation call. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $25.21.

Qualys (NASDAQ:QLYS) opened at 26.19 on Tuesday. Qualys has a 52 week low of $17.00 and a 52 week high of $29.94. The stock’s 50-day moving average is $25.06 and its 200-day moving average is $24.72. The company has a market cap of $855.9 million and a price-to-earnings ratio of 460.73.

Qualys (NASDAQ:QLYS) last posted its quarterly earnings results on Monday, August 4th. The company reported $0.11 earnings per share (EPS) for the quarter, beating the 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 in the previous year, the company posted $0.06 earnings per share. The company’s revenue for the quarter was up 22.8% on a year-over-year basis. Analysts expect that Qualys will post $0.25 EPS for the current fiscal year.

In other Qualys news, VP Sumedh S. Thakar sold 1,500 shares of the stock in a transaction that occurred on Thursday, July 24th. The shares were sold at an average price of $24.74, for a total transaction of $37,110.00. The sale was disclosed in a document filed with the SEC, 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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