Analysts Anticipate Qualys Inc (QLYS) Will Announce Earnings of $0.28 Per Share

Equities research analysts predict that Qualys Inc (NASDAQ:QLYS) will post earnings of $0.28 per share for the current fiscal quarter, Zacks Investment Research reports. Seven analysts have provided estimates for Qualys’ earnings. The highest EPS estimate is $0.29 and the lowest is $0.28. Qualys reported earnings per share of $0.23 in the same quarter last year, which would suggest a positive year-over-year growth rate of 21.7%. The business is expected to announce its next earnings results after the market closes on Monday, February 12th.

On average, analysts expect that Qualys will report full year earnings of $1.05 per share for the current financial year, with EPS estimates ranging from $1.05 to $1.06. For the next financial year, analysts anticipate that the company will report earnings of $1.18 per share, with EPS estimates ranging from $1.10 to $1.26. Zacks’ EPS calculations are an average based on a survey of analysts that follow Qualys.

Several analysts have recently weighed in on the stock. BidaskClub lowered shares of Qualys from a “strong-buy” rating to a “buy” rating in a report on Thursday, January 25th. Northland Securities set a $48.00 price objective on shares of Qualys and gave the stock a “buy” rating in a report on Wednesday, October 18th. Needham & Company LLC reissued a “buy” rating and issued a $70.00 price target (up previously from $65.00) on shares of Qualys in a report on Wednesday, November 1st. Zacks Investment Research lowered shares of Qualys from a “buy” rating to a “hold” rating in a report on Thursday, January 4th. Finally, Wells Fargo & Co set a $52.00 price target on shares of Qualys and gave the company a “hold” rating in a report on Wednesday, November 1st. Eleven equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $54.85.

In other Qualys news, Director Donald R. Dixon sold 91,479 shares of the firm’s stock in a transaction that occurred on Tuesday, November 28th. The shares were sold at an average price of $59.89, for a total value of $5,478,677.31. Following the transaction, the director now directly owns 114,064 shares of the company’s stock, valued at $6,831,292.96. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, VP Amer Deeba sold 2,000 shares of the firm’s stock in a transaction that occurred on Friday, December 1st. The shares were sold at an average price of $58.40, for a total transaction of $116,800.00. Following the completion of the transaction, the vice president now directly owns 66,644 shares in the company, valued at $3,892,009.60. The disclosure for this sale can be found here. In the last three months, insiders sold 432,916 shares of company stock valued at $25,588,516. 20.90% of the stock is currently owned by company insiders.

A number of hedge funds have recently made changes to their positions in the business. Ameritas Investment Partners Inc. boosted its stake in Qualys by 17.4% in the second quarter. Ameritas Investment Partners Inc. now owns 2,757 shares of the software maker’s stock valued at $112,000 after acquiring an additional 408 shares during the last quarter. Louisiana State Employees Retirement System boosted its stake in Qualys by 7.0% in the fourth quarter. Louisiana State Employees Retirement System now owns 13,700 shares of the software maker’s stock valued at $813,000 after acquiring an additional 900 shares during the last quarter. LS Investment Advisors LLC boosted its stake in Qualys by 32.5% in the third quarter. LS Investment Advisors LLC now owns 4,471 shares of the software maker’s stock valued at $232,000 after acquiring an additional 1,096 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. boosted its stake in Qualys by 23.5% in the second quarter. Migdal Insurance & Financial Holdings Ltd. now owns 6,093 shares of the software maker’s stock valued at $247,000 after acquiring an additional 1,158 shares during the last quarter. Finally, Aperio Group LLC boosted its stake in Qualys by 7.8% in the third quarter. Aperio Group LLC now owns 16,133 shares of the software maker’s stock valued at $836,000 after acquiring an additional 1,164 shares during the last quarter. 75.49% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Qualys (NASDAQ:QLYS) opened at $60.20 on Wednesday. The firm has a market cap of $2,280.00, a P/E ratio of 54.23, a PEG ratio of 4.99 and a beta of 1.01. Qualys has a fifty-two week low of $32.40 and a fifty-two week high of $65.25.

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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.

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