Wall Street analysts predict that Qualys Inc (NASDAQ:QLYS) will post earnings per share of $0.33 for the current fiscal quarter, according to Zacks. Seven analysts have provided estimates for Qualys’ earnings. The highest EPS estimate is $0.34 and the lowest is $0.32. Qualys posted earnings of $0.20 per share during the same quarter last year, which suggests a positive year-over-year growth rate of 65%. The firm is expected to announce its next quarterly earnings report on Tuesday, May 1st.
On average, analysts expect that Qualys will report full year earnings of $1.43 per share for the current financial year, with EPS estimates ranging from $1.41 to $1.44. For the next fiscal year, analysts expect that the business will report earnings of $1.73 per share, with EPS estimates ranging from $1.64 to $1.83. Zacks’ earnings per share calculations are a mean average based on a survey of sell-side analysts that cover Qualys.
Qualys (NASDAQ:QLYS) last issued its quarterly earnings data on Monday, February 12th. The software maker reported $0.32 EPS for the quarter, topping analysts’ consensus estimates of $0.28 by $0.04. The company had revenue of $62.90 million during the quarter, compared to the consensus estimate of $61.96 million. Qualys had a net margin of 17.52% and a return on equity of 16.69%. Qualys’s revenue for the quarter was up 20.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.23 earnings per share.
In other news, VP Amer Deeba sold 2,000 shares of the company’s stock in a transaction on Tuesday, January 2nd. The stock was sold at an average price of $60.65, for a total transaction of $121,300.00. Following the transaction, the vice president now directly owns 66,644 shares of the company’s stock, valued at $4,041,958.60. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Sumedh S. Thakar sold 9,801 shares of the company’s stock in a transaction on Friday, February 9th. The stock was sold at an average price of $58.70, for a total value of $575,318.70. Following the transaction, the insider now directly owns 192,280 shares in the company, valued at $11,286,836. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 57,801 shares of company stock worth $3,863,839. Insiders own 20.90% of the company’s stock.
Several hedge funds have recently modified their holdings of QLYS. Parametric Portfolio Associates LLC increased its position in shares of Qualys by 107.4% during the second quarter. Parametric Portfolio Associates LLC now owns 22,988 shares of the software maker’s stock worth $938,000 after purchasing an additional 11,905 shares in the last quarter. The Manufacturers Life Insurance Company increased its position in shares of Qualys by 13.6% during the second quarter. The Manufacturers Life Insurance Company now owns 24,109 shares of the software maker’s stock worth $983,000 after purchasing an additional 2,878 shares in the last quarter. California State Teachers Retirement System increased its position in shares of Qualys by 3.9% during the second quarter. California State Teachers Retirement System now owns 55,633 shares of the software maker’s stock worth $2,270,000 after purchasing an additional 2,091 shares in the last quarter. Nationwide Fund Advisors increased its position in shares of Qualys by 3.9% during the third quarter. Nationwide Fund Advisors now owns 33,332 shares of the software maker’s stock worth $1,727,000 after purchasing an additional 1,254 shares in the last quarter. Finally, Aperio Group LLC increased its position in shares of Qualys by 7.8% in the 3rd 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 period. 79.50% of the stock is currently owned by institutional investors and hedge funds.
Qualys (QLYS) opened at $78.30 on Tuesday. The company has a market cap of $2,970.00, a P/E ratio of 126.29, a P/E/G ratio of 5.37 and a beta of 0.81. Qualys has a 12 month low of $33.75 and a 12 month high of $79.40.
Qualys declared that its Board of Directors has initiated a share repurchase program on Monday, February 12th that allows the company to buyback $100.00 million in outstanding shares. This buyback authorization allows the software maker to repurchase shares of its stock through open market purchases. Shares buyback programs are typically an indication that the company’s management believes its stock is undervalued.
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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