News stories about Qualys (NASDAQ:QLYS) have been trending somewhat positive this week, Accern reports. Accern scores the sentiment of news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Qualys earned a news impact score of 0.11 on Accern’s scale. Accern also gave media headlines about the software maker an impact score of 45.6438382167937 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Several equities research analysts have issued reports on QLYS shares. JPMorgan Chase & Co. downgraded Qualys from an “overweight” rating to a “neutral” rating and set a $65.00 price objective on the stock. in a report on Tuesday, December 12th. Zacks Investment Research upgraded Qualys from a “hold” rating to a “buy” rating and set a $64.00 price objective on the stock in a report on Saturday, November 4th. Stifel Nicolaus restated a “hold” rating and set a $60.00 price objective on shares of Qualys in a report on Friday, November 3rd. Wells Fargo & Co set a $52.00 price objective on Qualys and gave the stock a “hold” rating in a report on Wednesday, November 1st. Finally, Morgan Stanley downgraded Qualys from an “overweight” rating to an “equal weight” rating and set a $51.00 price objective on the stock. in a report on Tuesday, October 10th. Twelve analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $54.85.
Shares of Qualys (NASDAQ:QLYS) opened at $64.35 on Friday. Qualys has a twelve month low of $32.40 and a twelve month high of $65.25. The firm has a market capitalization of $2,440.00, a P/E ratio of 57.97, a PEG ratio of 5.19 and a beta of 0.88.
Qualys (NASDAQ:QLYS) last issued its quarterly earnings results on Tuesday, October 31st. The software maker reported $0.31 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.21 by $0.10. Qualys had a return on equity of 14.81% and a net margin of 19.76%. The business had revenue of $59.49 million during the quarter, compared to the consensus estimate of $58.59 million. During the same period in the previous year, the business earned $0.22 EPS. The business’s quarterly revenue was up 16.7% on a year-over-year basis. sell-side analysts expect that Qualys will post 0.65 EPS for the current year.
In related news, VP Amer Deeba sold 12,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 1st. The stock was sold at an average price of $55.15, for a total transaction of $661,800.00. Following the completion of the transaction, the vice president now owns 77,777 shares in the company, valued at approximately $4,289,401.55. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Donald R. Dixon sold 91,479 shares of the business’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 owns 114,064 shares of the company’s stock, valued at approximately $6,831,292.96. The disclosure for this sale can be found here. Insiders sold a total of 557,916 shares of company stock valued at $32,644,046 over the last quarter. Company insiders own 20.90% of the company’s stock.
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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