Qnity Electronics, Inc. (NYSE:Q) Given Consensus Rating of “Buy” by Analysts

Shares of Qnity Electronics, Inc. (NYSE:Q) have been given an average rating of “Buy” by the eight brokerages that are currently covering the stock, MarketBeat reports. One analyst has rated the stock with a hold rating, six have assigned a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price target among brokers that have covered the stock in the last year is $120.8571.

Several brokerages have recently weighed in on Q. KeyCorp increased their price objective on shares of Qnity Electronics from $117.00 to $147.00 and gave the stock an “overweight” rating in a research note on Friday, February 27th. Oppenheimer began coverage on shares of Qnity Electronics in a report on Tuesday, December 16th. They set an “outperform” rating and a $100.00 target price for the company. Weiss Ratings initiated coverage on shares of Qnity Electronics in a research report on Thursday, January 22nd. They issued a “hold (c-)” rating on the stock. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $126.00 price target on shares of Qnity Electronics in a research note on Friday, February 20th. Finally, Royal Bank Of Canada upped their price objective on Qnity Electronics from $118.00 to $133.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 25th.

Institutional Trading of Qnity Electronics

A number of hedge funds and other institutional investors have recently bought and sold shares of Q. Moisand Fitzgerald Tamayo LLC bought a new position in shares of Qnity Electronics in the fourth quarter worth about $25,000. Dunhill Financial LLC bought a new position in shares of Qnity Electronics during the 4th quarter valued at approximately $25,000. Armstrong Advisory Group Inc. bought a new position in shares of Qnity Electronics during the 4th quarter valued at approximately $26,000. Provenance Wealth Advisors LLC purchased a new stake in Qnity Electronics in the 4th quarter worth approximately $27,000. Finally, Motco purchased a new stake in Qnity Electronics in the 4th quarter worth approximately $27,000.

Qnity Electronics Trading Down 1.8%

NYSE:Q opened at $116.48 on Friday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.46 and a current ratio of 1.95. Qnity Electronics has a 12 month low of $70.50 and a 12 month high of $140.60. The company has a market cap of $24.42 billion and a P/E ratio of 63.65. The stock has a 50 day moving average of $110.65.

Qnity Electronics (NYSE:Q) last issued its quarterly earnings data on Thursday, February 26th. The premier technology solutions leader reported $0.82 EPS for the quarter, topping the consensus estimate of $0.64 by $0.18. The firm had revenue of $1.19 billion during the quarter, compared to the consensus estimate of $1.15 billion. The firm’s quarterly revenue was up 8.1% compared to the same quarter last year. Qnity Electronics has set its FY 2026 guidance at 3.550-3.950 EPS.

About Qnity Electronics

Qnity Electronics Inc is a premier technology solution provider across the semiconductor value chain. Qnity Electronics Inc is based in WILMINGTON, Del.