News stories about Qualys (NASDAQ:QLYS) have been trending somewhat positive this week, Accern reports. The research firm rates the sentiment of news coverage by monitoring more than twenty million news and blog sources in real-time. 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 media sentiment score of 0.14 on Accern’s scale. Accern also assigned media stories about the software maker an impact score of 44.9652286794544 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Shares of Qualys (NASDAQ QLYS) opened at $64.35 on Monday. Qualys has a 1-year low of $32.40 and a 1-year high of $65.25. The stock has a market cap of $2,440.12, a PE ratio of 58.50, a P/E/G ratio of 5.16 and a beta of 0.88.
Qualys (NASDAQ:QLYS) last posted 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. The business had revenue of $59.49 million during the quarter, compared to the consensus estimate of $58.59 million. Qualys had a net margin of 19.76% and a return on equity of 14.81%. The firm’s quarterly revenue was up 16.7% compared to the same quarter last year. During the same quarter last year, the company posted $0.22 earnings per share. analysts forecast that Qualys will post 0.65 earnings per share for the current fiscal year.
QLYS has been the subject of several recent research reports. Robert W. Baird restated a “hold” rating and issued a $61.00 price target on shares of Qualys in a research report on Wednesday, November 1st. JPMorgan Chase & Co. lowered shares of Qualys from an “overweight” rating to a “neutral” rating and set a $65.00 price objective on the stock. in a research note on Tuesday, December 12th. Zacks Investment Research raised shares of Qualys from a “hold” rating to a “buy” rating and set a $64.00 price objective on the stock in a research note on Saturday, November 4th. Summit Redstone raised shares of Qualys from a “hold” rating to a “buy” rating and set a $65.00 price objective on the stock in a research note on Wednesday, November 1st. Finally, Needham & Company LLC started coverage on shares of Qualys in a research note on Monday, October 23rd. They set a “buy” rating and a $65.00 target price on the stock. Twelve analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $54.85.
In other news, insider Sumedh S. Thakar sold 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, January 9th. The shares were sold at an average price of $63.39, for a total value of $126,780.00. Following the completion of the transaction, the insider now directly owns 198,340 shares in the company, valued at $12,572,772.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Sumedh S. Thakar sold 7,694 shares of Qualys stock in a transaction that occurred on Thursday, November 9th. The shares were sold at an average price of $56.33, for a total transaction of $433,403.02. Following the sale, the insider now owns 192,130 shares of the company’s stock, valued at $10,822,682.90. The disclosure for this sale can be found here. Insiders sold 557,916 shares of company stock valued at $32,644,046 in the last quarter. Corporate insiders own 20.90% 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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