Qualys (QLYS) to Release Earnings on Tuesday

Qualys (NASDAQ:QLYS) will release its earnings data after the market closes on Tuesday, May 7th. Analysts expect Qualys to post earnings of $1.31 per share for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

Qualys (NASDAQ:QLYS) last announced its quarterly earnings data on Wednesday, February 7th. The software maker reported $1.08 EPS for the quarter, beating the consensus estimate of $0.82 by $0.26. The firm had revenue of $144.57 million for the quarter, compared to analyst estimates of $144.69 million. Qualys had a return on equity of 49.06% and a net margin of 27.34%. On average, analysts expect Qualys to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Qualys Trading Down 0.4 %

Shares of Qualys stock opened at $165.37 on Monday. The business’s 50-day moving average price is $166.86 and its 200-day moving average price is $175.92. Qualys has a 12 month low of $107.00 and a 12 month high of $206.35. The firm has a market capitalization of $6.11 billion, a PE ratio of 40.93 and a beta of 0.51.

Insider Activity

In other news, CEO Sumedh S. Thakar sold 4,120 shares of the firm’s stock in a transaction that occurred on Thursday, March 14th. The stock was sold at an average price of $167.62, for a total value of $690,594.40. Following the completion of the transaction, the chief executive officer now owns 194,481 shares in the company, valued at approximately $32,598,905.22. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. In other news, insider Bruce K. Posey sold 1,443 shares of the firm’s stock in a transaction that occurred on Monday, April 22nd. The stock was sold at an average price of $167.33, for a total value of $241,457.19. Following the completion of the transaction, the insider now owns 62,614 shares in the company, valued at approximately $10,477,200.62. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Sumedh S. Thakar sold 4,120 shares of the firm’s stock in a transaction that occurred on Thursday, March 14th. The shares were sold at an average price of $167.62, for a total value of $690,594.40. Following the completion of the transaction, the chief executive officer now owns 194,481 shares of the company’s stock, valued at approximately $32,598,905.22. The disclosure for this sale can be found here. Insiders sold a total of 13,662 shares of company stock worth $2,263,965 in the last quarter. 1.00% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several research firms recently issued reports on QLYS. JPMorgan Chase & Co. raised their price target on Qualys from $146.00 to $152.00 and gave the stock an “underweight” rating in a research report on Thursday, February 8th. Royal Bank of Canada reduced their price target on Qualys from $212.00 to $180.00 and set a “sector perform” rating on the stock in a research report on Thursday, February 8th. Scotiabank began coverage on Qualys in a research report on Friday, April 26th. They set a “sector perform” rating and a $172.00 price target on the stock. Wedbush reduced their price target on Qualys from $230.00 to $210.00 and set an “outperform” rating on the stock in a research report on Thursday, February 8th. Finally, Truist Financial increased their price objective on Qualys from $145.00 to $175.00 and gave the stock a “hold” rating in a report on Tuesday, January 16th. Four investment analysts have rated the stock with a sell rating, seven have given a hold rating and three have given a buy rating to the company. According to data from MarketBeat, Qualys currently has a consensus rating of “Hold” and an average target price of $157.62.

Qualys Company Profile

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.