Qualys, Inc. (NASDAQ:QLYS) – Stock analysts at Imperial Capital increased their FY2017 earnings per share (EPS) estimates for shares of Qualys in a research report issued to clients and investors on Thursday. Imperial Capital analyst M. Kim now forecasts that the software maker will earn $0.65 per share for the year, up from their previous forecast of $0.54. Imperial Capital has a “Outperform” rating and a $50.00 price target on the stock. Imperial Capital also issued estimates for Qualys’ Q4 2017 earnings at $0.18 EPS.

QLYS has been the subject of a number of other research reports. Zacks Investment Research downgraded Qualys from a “hold” rating to a “sell” rating in a research report on Thursday, August 3rd. Morgan Stanley cut Qualys from an “overweight” rating to an “equal weight” rating and set a $51.00 price objective on the stock. in a research note on Tuesday, October 10th. BidaskClub cut Qualys from a “buy” rating to a “hold” rating in a research note on Monday, July 31st. Northland Securities set a $48.00 price objective on Qualys and gave the stock a “buy” rating in a research note on Wednesday, October 18th. Finally, Needham & Company LLC began coverage on Qualys in a research note on Monday, October 23rd. They set a “buy” rating and a $65.00 price objective on the stock. Ten research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $54.36.

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Qualys (QLYS) opened at $57.35 on Monday. Qualys has a 12-month low of $30.60 and a 12-month high of $57.75. The firm has a market capitalization of $2,151.89, a P/E ratio of 52.14, a price-to-earnings-growth ratio of 6.08 and a beta of 0.84.

Qualys (NASDAQ:QLYS) last released its quarterly earnings results on Tuesday, October 31st. The software maker reported $0.31 earnings per share for the quarter, topping analysts’ consensus estimates of $0.21 by $0.10. Qualys had a return on equity of 14.81% and a net margin of 19.76%. The firm had revenue of $59.49 million during the quarter, compared to the consensus estimate of $58.59 million. During the same quarter in the prior year, the firm posted $0.22 EPS. The business’s revenue was up 16.7% on a year-over-year basis.

In related news, Director Todd P. Headley sold 4,714 shares of the stock in a transaction on Monday, August 14th. The stock was sold at an average price of $45.25, for a total value of $213,308.50. Following the sale, the director now owns 14,410 shares in the company, valued at approximately $652,052.50. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Amer Deeba sold 2,000 shares of the stock in a transaction on Wednesday, August 9th. The shares were sold at an average price of $45.02, for a total value of $90,040.00. Following the completion of the sale, the vice president now owns 79,221 shares in the company, valued at approximately $3,566,529.42. The disclosure for this sale can be found here. In the last 90 days, insiders sold 93,714 shares of company stock worth $4,858,339. 30.20% of the stock is owned by company insiders.

A number of institutional investors and hedge funds have recently bought and sold shares of QLYS. SG Americas Securities LLC bought a new position in Qualys during the 2nd quarter worth $103,000. Ameritas Investment Partners Inc. increased its position in Qualys by 17.4% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 2,757 shares of the software maker’s stock worth $112,000 after buying an additional 408 shares during the period. Thompson Davis & CO. Inc. increased its position in Qualys by 1,100.0% during the 3rd quarter. Thompson Davis & CO. Inc. now owns 3,000 shares of the software maker’s stock worth $155,000 after buying an additional 2,750 shares during the period. Pinebridge Investments L.P. increased its position in Qualys by 2.9% during the 2nd quarter. Pinebridge Investments L.P. now owns 3,952 shares of the software maker’s stock worth $161,000 after buying an additional 110 shares during the period. Finally, US Bancorp DE increased its position in Qualys by 18.6% during the 2nd quarter. US Bancorp DE now owns 4,440 shares of the software maker’s stock worth $181,000 after buying an additional 697 shares during the period. Institutional investors and hedge funds own 73.47% of the company’s stock.

Qualys Company Profile

Qualys, Inc is a provider of cloud-based security and compliance solutions. The Company’s solutions enable organizations to identify security risks to their information technology (IT) infrastructures, help protect their IT systems and applications from cyber-attacks. Its suite of security and compliance solutions delivered on its Qualys Cloud Platform enables its customers to identify their IT assets, collect and analyze IT security data, discover and prioritize vulnerabilities, recommend remediation actions and verify the implementation of such actions.

Earnings History and Estimates for Qualys (NASDAQ:QLYS)

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