Somewhat Positive News Coverage Somewhat Unlikely to Impact Qualys (QLYS) Stock Price
News headlines about Qualys (NASDAQ:QLYS) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research group scores the sentiment of press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Qualys earned a daily sentiment score of 0.19 on Accern’s scale. Accern also gave headlines about the software maker an impact score of 45.0153659751574 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the headlines that may have impacted Accern’s scoring:
- Qualys, Inc. (QLYS) Stock Rating Upgraded by Zacks Investment Research (americanbankingnews.com)
- Qualys, Inc. (QLYS) VP Amer Deeba Sells 12,000 Shares (americanbankingnews.com)
- Sumedh S. Thakar Sells 15,000 Shares of Qualys, Inc. (QLYS) Stock (americanbankingnews.com)
- Insider Selling: Qualys, Inc. (QLYS) Chairman Sells 20,000 Shares of Stock (americanbankingnews.com)
- Qualys, Inc. (QLYS) Rating Reiterated by Stifel Nicolaus (americanbankingnews.com)
QLYS has been the subject of several analyst reports. Monness Crespi & Hardt initiated coverage on shares of Qualys in a research note on Monday, July 10th. They issued a “neutral” rating for the company. BidaskClub raised shares of Qualys from a “buy” rating to a “strong-buy” rating in a report on Thursday, July 13th. Zacks Investment Research raised shares of Qualys from a “hold” rating to a “buy” rating and set a $47.00 price target on the stock in a report on Thursday, July 20th. Morgan Stanley reaffirmed an “overweight” rating and issued a $50.00 price target (up from $45.00) on shares of Qualys in a report on Thursday, July 20th. Finally, Northland Securities set a $48.00 price target on shares of Qualys and gave the company a “buy” rating in a report on Saturday, July 22nd. Eleven analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Qualys currently has a consensus rating of “Hold” and an average price target of $54.36.
Shares of Qualys (NASDAQ QLYS) traded up $1.60 during trading hours on Friday, hitting $57.35. 374,398 shares of the company’s stock were exchanged, compared to its average volume of 287,474. Qualys has a 52 week low of $30.60 and a 52 week high of $57.75. The firm has a market capitalization of $2.15 billion, a PE ratio of 52.04, a price-to-earnings-growth ratio of 6.07 and a beta of 0.84.
Qualys (NASDAQ:QLYS) last announced its quarterly earnings data on Tuesday, October 31st. The software maker reported $0.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.21 by $0.10. Qualys had a return on equity of 14.81% and a net margin of 19.76%. The company had revenue of $59.49 million for the quarter, compared to analysts’ expectations of $58.59 million. During the same quarter in the prior year, the business posted $0.22 EPS. The business’s revenue was up 16.7% compared to the same quarter last year. sell-side analysts predict that Qualys will post 0.56 EPS for the current year.
In related news, Director Todd P. Headley sold 4,714 shares of the stock in a transaction on Monday, August 14th. The stock was sold at an average price of $45.25, for a total value of $213,308.50. Following the sale, the director now owns 14,410 shares in the company, valued at approximately $652,052.50. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Amer Deeba sold 2,000 shares of the stock in a transaction on Wednesday, August 9th. The shares were sold at an average price of $45.02, for a total value of $90,040.00. Following the completion of the sale, the vice president now owns 79,221 shares in the company, valued at approximately $3,566,529.42. The disclosure for this sale can be found here. In the last quarter, insiders have sold 96,214 shares of company stock worth $4,973,589. Company insiders own 30.20% of the company’s stock.
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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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