Qualys (NASDAQ:QLYS) will announce its earnings results after the market closes on Monday, April 30th. Analysts expect the company to announce earnings of $0.26 per share for the quarter. Qualys has set its Q1 guidance at $0.32-0.34 EPS and its FY18 guidance at $1.39-1.44 EPS.
Qualys (NASDAQ:QLYS) last released its quarterly earnings data on Monday, February 12th. The software maker reported $0.32 EPS for the quarter, topping the consensus estimate of $0.28 by $0.04. Qualys had a return on equity of 16.69% and a net margin of 17.52%. The company had revenue of $62.90 million during the quarter, compared to the consensus estimate of $61.96 million. During the same period last year, the company earned $0.23 EPS. Qualys’s revenue for the quarter was up 20.5% on a year-over-year basis. On average, analysts expect Qualys to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
NASDAQ QLYS opened at $81.55 on Monday. Qualys has a one year low of $35.45 and a one year high of $85.00. The stock has a market capitalization of $3,150.11, a P/E ratio of 90.61, a price-to-earnings-growth ratio of 5.58 and a beta of 0.84.
Qualys announced that its board has approved a stock repurchase program on Monday, February 12th that allows the company to repurchase $100.00 million in shares. This repurchase authorization allows the software maker to purchase shares of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s board believes its shares are undervalued.
In other news, insider Sumedh S. Thakar sold 2,000 shares of Qualys stock in a transaction dated Friday, March 9th. The stock was sold at an average price of $78.44, for a total transaction of $156,880.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Sumedh S. Thakar sold 9,801 shares of Qualys stock in a transaction dated Friday, February 9th. The shares were sold at an average price of $58.70, for a total value of $575,318.70. Following the transaction, the insider now directly owns 192,280 shares in the company, valued at $11,286,836. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 57,801 shares of company stock valued at $3,908,539. Corporate insiders own 20.90% of the company’s stock.
Several equities research analysts recently commented on QLYS shares. Morgan Stanley set a $65.00 price objective on Qualys and gave the stock a “hold” rating in a report on Tuesday, February 13th. BidaskClub downgraded Qualys from a “strong-buy” rating to a “buy” rating in a report on Thursday, January 25th. Zacks Investment Research upgraded Qualys from a “hold” rating to a “strong-buy” rating and set a $78.00 price objective for the company in a report on Friday, February 16th. Imperial Capital reiterated an “outperform” rating and issued a $83.00 price objective (up from $62.00) on shares of Qualys in a report on Thursday, February 22nd. Finally, Needham & Company LLC lifted their price objective on Qualys from $70.00 to $80.00 and gave the stock a “buy” rating in a report on Thursday, February 15th. Ten investment analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $68.92.
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Qualys Company Profile
Qualys, Inc provides cloud-based security and compliance solutions in the United States and internationally. The company offers Qualys Cloud Apps, which includes Asset Inventory, CMDB Sync, Vulnerability Management, Continuous Monitoring, Cloud Agent, Threat Protection, Security Configuration Assessment, Indication of Compromise, Policy Compliance, PCI Compliance, Security Assessment Questionnaire, File Integrity Monitoring, Web Application Scanning, and Web Application Firewall.
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