Somewhat Positive News Coverage Somewhat Unlikely to Impact Qualys (NASDAQ:QLYS) Share Price
News headlines about Qualys (NASDAQ:QLYS) have been trending somewhat positive on Saturday, Accern reports. Accern scores the sentiment of media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Qualys earned a coverage optimism score of 0.09 on Accern’s scale. Accern also gave headlines about the software maker an impact score of 44.6707165476701 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Here are some of the headlines that may have impacted Accern’s analysis:
- See what the IHS Markit Score report has to say about Qualys Inc. (finance.yahoo.com)
- Qualys, Inc. – Value Analysis (NASDAQ:QLYS) : August 12, 2017 (finance.yahoo.com)
- Qualys, Inc. (NASDAQ:QLYS) Expected to Announce Quarterly Sales of $58.60 Million (americanbankingnews.com)
- Amer Deeba Sells 2,000 Shares of Qualys, Inc. (NASDAQ:QLYS) Stock (americanbankingnews.com)
- Qualys, Inc. (QLYS) Director Sells $538,560.00 in Stock (americanbankingnews.com)
Shares of Qualys (QLYS) traded up 2.29% during midday trading on Friday, hitting $44.60. 255,030 shares of the company’s stock were exchanged. The stock’s 50 day moving average is $42.22 and its 200-day moving average is $39.08. The stock has a market cap of $1.67 billion, a PE ratio of 43.64 and a beta of 0.93. Qualys has a 1-year low of $30.15 and a 1-year high of $47.50.
Qualys (NASDAQ:QLYS) last posted its earnings results on Wednesday, August 2nd. The software maker reported $0.18 EPS for the quarter, topping analysts’ consensus estimates of $0.10 by $0.08. Qualys had a net margin of 18.92% and a return on equity of 14.69%. The business had revenue of $55.30 million for the quarter, compared to analysts’ expectations of $54.87 million. During the same period in the previous year, the company posted $0.20 earnings per share. The business’s revenue for the quarter was up 14.3% compared to the same quarter last year. Analysts predict that Qualys will post $0.91 earnings per share for the current fiscal year.
Several brokerages recently weighed in on QLYS. Imperial Capital reaffirmed an “outperform” rating and set a $50.00 target price (up from $46.00) on shares of Qualys in a research note on Wednesday. J P Morgan Chase & Co raised shares of Qualys from a “neutral” rating to an “overweight” rating and upped their target price for the stock from $40.00 to $55.00 in a research note on Thursday, August 3rd. Zacks Investment Research downgraded shares of Qualys from a “hold” rating to a “sell” rating in a research note on Thursday, August 3rd. Royal Bank Of Canada reaffirmed a “hold” rating and set a $45.00 target price on shares of Qualys in a research note on Monday, July 31st. Finally, Robert W. Baird set a $42.00 target price on shares of Qualys and gave the stock a “hold” rating in a research note on Sunday, July 30th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and seven have issued a buy rating to the stock. Qualys currently has a consensus rating of “Hold” and a consensus target price of $45.25.
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In other news, Director Peter Pace sold 12,000 shares of the business’s stock in a transaction on Wednesday, August 9th. The shares were sold at an average price of $44.88, for a total transaction of $538,560.00. Following the transaction, the director now directly owns 35,155 shares of the company’s stock, valued at $1,577,756.40. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, VP Bruce K. Posey sold 11,000 shares of the business’s stock in a transaction on Friday, August 4th. The stock was sold at an average price of $46.32, for a total transaction of $509,520.00. Following the transaction, the vice president now directly owns 34,495 shares in the company, valued at $1,597,808.40. The disclosure for this sale can be found here. Over the last three months, insiders have sold 42,794 shares of company stock worth $1,923,997. Corporate insiders own 30.20% of the company’s stock.
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.
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