Qualys Receives Consensus Rating of “Hold” from Analysts (NASDAQ:QLYS)
Qualys (NASDAQ:QLYS) has earned a consensus recommendation of “Hold” from the thirteen brokerages that are presently covering the stock, Analyst Ratings Network.com reports. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $26.09.
In other Qualys news, CMO Amer Deeba sold 2,000 shares of the stock on the open market in a transaction that occurred on Thursday, August 7th. The shares were sold at an average price of $26.88, for a total transaction of $53,760.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.
A number of analysts have recently weighed in on QLYS shares. Analysts at Credit Suisse reiterated a “neutral” rating on shares of Qualys in a research note on Tuesday. They now have a $22.00 price target on the stock, up previously from $20.00. Separately, 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. Finally, 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.
Qualys (NASDAQ:QLYS) opened at 26.54 on Tuesday. Qualys has a 52 week low of $17.76 and a 52 week high of $29.94. The stock’s 50-day moving average is $25.25 and its 200-day moving average is $24.76. The company has a market cap of $871.0 million and a P/E ratio of 385.22.
Qualys (NASDAQ:QLYS) last issued its quarterly 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 $0.32 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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