Qnity Electronics, Inc. (NYSE:Q) Receives $151.33 Consensus PT from Analysts

Qnity Electronics, Inc. (NYSE:Q) has been given a consensus rating of “Moderate Buy” by the ten analysts that are covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The average 12 month target price among brokerages that have covered the stock in the last year is $151.3333.

Several equities analysts recently issued reports on Q shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Qnity Electronics in a report on Friday, May 8th. Royal Bank Of Canada lifted their price objective on Qnity Electronics from $150.00 to $200.00 and gave the stock an “outperform” rating in a report on Wednesday, May 13th. BMO Capital Markets reaffirmed an “outperform” rating and set a $180.00 price objective on shares of Qnity Electronics in a report on Wednesday, May 13th. Mizuho raised their price target on Qnity Electronics from $150.00 to $170.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 13th. Finally, Zacks Research downgraded Qnity Electronics from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 21st.

Qnity Electronics Stock Performance

Shares of Q stock opened at $161.27 on Wednesday. The stock has a fifty day moving average price of $150.09 and a 200 day moving average price of $118.93. The stock has a market cap of $33.76 billion and a PE ratio of 55.42. Qnity Electronics has a 1 year low of $70.50 and a 1 year high of $177.28. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.57 and a current ratio of 2.12.

Qnity Electronics (NYSE:Q) last issued its quarterly earnings data on Tuesday, May 12th. The premier technology solutions leader reported $1.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.92 by $0.16. The firm had revenue of $1.32 billion for the quarter. The firm’s revenue was up 17.6% compared to the same quarter last year. Qnity Electronics has set its FY 2026 guidance at 3.800-4.140 EPS. Sell-side analysts forecast that Qnity Electronics will post 4.08 earnings per share for the current fiscal year.

Qnity Electronics Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Friday, May 29th were given a dividend of $0.08 per share. The ex-dividend date of this dividend was Friday, May 29th. This represents a $0.32 annualized dividend and a yield of 0.2%. Qnity Electronics’s dividend payout ratio (DPR) is presently 11.00%.

Hedge Funds Weigh In On Qnity Electronics

Hedge funds have recently bought and sold shares of the stock. Annis Gardner Whiting Capital Advisors LLC increased its position in Qnity Electronics by 71.8% during the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 213 shares of the premier technology solutions leader’s stock worth $25,000 after buying an additional 89 shares in the last quarter. Moisand Fitzgerald Tamayo LLC purchased a new position in Qnity Electronics during the fourth quarter worth $25,000. Dunhill Financial LLC purchased a new position in Qnity Electronics during the fourth quarter worth $25,000. Armstrong Advisory Group Inc. purchased a new position in Qnity Electronics during the fourth quarter worth $26,000. Finally, Motco purchased a new position in Qnity Electronics during the fourth quarter worth $27,000.

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.