Qualys (QLYS) Updates FY18 Earnings Guidance
Qualys (NASDAQ:QLYS) updated its FY18 earnings guidance on Monday. The company provided earnings per share guidance of $1.39-1.44 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.17. The company issued revenue guidance of $275.5-278.5 million, compared to the consensus revenue estimate of $267.65 million.Qualys also updated its Q1 guidance to $0.32-0.34 EPS.
Several equities analysts recently issued reports on the company. Zacks Investment Research cut Qualys from a buy rating to a hold rating in a report on Thursday, January 4th. Needham & Company LLC reiterated a buy rating and issued a $70.00 price target (up previously from $65.00) on shares of Qualys in a report on Wednesday, November 1st. Northland Securities set a $48.00 price target on Qualys and gave the company a buy rating in a report on Wednesday, October 18th. Summit Redstone upgraded Qualys from a hold rating to a buy rating and set a $65.00 price target on the stock in a report on Wednesday, November 1st. Finally, KeyCorp reiterated a hold rating on shares of Qualys in a report on Friday, October 27th. Ten equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The stock currently has an average rating of Hold and an average price target of $56.33.
Shares of Qualys (QLYS) traded up $2.70 on Monday, reaching $62.60. The company’s stock had a trading volume of 795,022 shares, compared to its average volume of 214,363. Qualys has a 12-month low of $33.75 and a 12-month high of $65.25. The company has a market capitalization of $2,271.38, a PE ratio of 54.45, a P/E/G ratio of 4.80 and a beta of 1.02.
ILLEGAL ACTIVITY NOTICE: This report was originally reported by Watch List News and is owned by of Watch List News. If you are reading this report on another website, it was stolen and reposted in violation of U.S. & international copyright and trademark legislation. The correct version of this report can be accessed at https://www.watchlistnews.com/qualys-qlys-updates-fy18-earnings-guidance/1861895.html.
Qualys Company Profile
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.
Receive News & Ratings for Qualys Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Qualys and related companies with MarketBeat.com's FREE daily email newsletter.