Qualys (NASDAQ:QLYS - Get Free Report) is projected to release its earnings data after the market closes on Thursday, February 6th. Analysts expect Qualys to post earnings of $1.35 per share and revenue of $156.27 million for the quarter. Parties that wish to listen to the company's conference call can do so using this link.
Qualys (NASDAQ:QLYS - Get Free Report) last issued its earnings results on Tuesday, November 5th. The software maker reported $1.56 earnings per share for the quarter, beating the consensus estimate of $1.33 by $0.23. The business had revenue of $153.87 million for the quarter, compared to the consensus estimate of $150.74 million. Qualys had a net margin of 28.72% and a return on equity of 40.24%. The business's quarterly revenue was up 8.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.24 earnings per share. On average, analysts expect Qualys to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.
Qualys Stock Performance
NASDAQ:QLYS traded down $4.35 during mid-day trading on Thursday, reaching $140.70. The stock had a trading volume of 201,013 shares, compared to its average volume of 361,741. Qualys has a twelve month low of $119.17 and a twelve month high of $192.09. The business has a 50 day simple moving average of $144.90 and a 200 day simple moving average of $135.77. The firm has a market capitalization of $5.15 billion, a price-to-earnings ratio of 31.09 and a beta of 0.57.
Insider Buying and Selling at Qualys
In other Qualys news, CEO Sumedh S. Thakar sold 7,000 shares of Qualys stock in a transaction on Thursday, November 14th. The stock was sold at an average price of $149.66, for a total transaction of $1,047,620.00. Following the sale, the chief executive officer now owns 225,453 shares of the company's stock, valued at $33,741,295.98. The trade was a 3.01 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Bruce K. Posey sold 855 shares of the firm's stock in a transaction on Friday, December 20th. The shares were sold at an average price of $142.24, for a total value of $121,615.20. Following the transaction, the insider now directly owns 63,177 shares in the company, valued at $8,986,296.48. This trade represents a 1.34 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 31,259 shares of company stock worth $4,578,153 over the last quarter. 1.00% of the stock is owned by corporate insiders.
Wall Street Analysts Forecast Growth
Several research analysts have issued reports on QLYS shares. Needham & Company LLC started coverage on Qualys in a research report on Wednesday, November 6th. They issued a "hold" rating for the company. UBS Group raised their price objective on shares of Qualys from $140.00 to $160.00 and gave the company a "neutral" rating in a research note on Wednesday, November 6th. Truist Financial upped their target price on shares of Qualys from $120.00 to $145.00 and gave the stock a "hold" rating in a research report on Wednesday, November 6th. Wolfe Research upgraded shares of Qualys from an "underperform" rating to a "peer perform" rating in a research report on Monday, November 11th. Finally, DA Davidson upped their price target on Qualys from $120.00 to $147.00 and gave the stock a "neutral" rating in a report on Wednesday, November 6th. Three research analysts have rated the stock with a sell rating, fourteen have given a hold rating and two have given a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $152.80.
Read Our Latest Research Report on Qualys
About Qualys
(
Get Free Report)
Qualys, Inc, together with its subsidiaries, provides cloud-based platform delivering information technology (IT), security, and compliance solutions in the United States and internationally. It offers Qualys Cloud Apps, which include Cybersecurity Asset Management and External Attack Surface Management; Vulnerability Management, Detection and Response; Web Application Scanning; Patch Management; Custom Assessment and Remediation; Multi-Vector Endpoint Detection and Response; Context Extended Detection and Response; Policy Compliance; File Integrity Monitoring; and Qualys TotalCloud, as well as Cloud Workload Protection, Cloud Detection and Response, Cloud Security Posture Management, Infrastructure as Code, and Container Security.
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