Equities analysts predict that Qualys Inc (NASDAQ:QLYS) will report earnings per share of $0.51 for the current quarter, according to Zacks. Six analysts have made estimates for Qualys’ earnings. The highest EPS estimate is $0.54 and the lowest is $0.48. Qualys posted earnings of $0.49 per share during the same quarter last year, which suggests a positive year-over-year growth rate of 4.1%. The business is expected to issue its next earnings results on Tuesday, October 29th.
According to Zacks, analysts expect that Qualys will report full-year earnings of $1.96 per share for the current financial year, with EPS estimates ranging from $1.92 to $2.05. For the next fiscal year, analysts anticipate that the company will post earnings of $2.23 per share, with EPS estimates ranging from $2.16 to $2.33. Zacks’ earnings per share averages are a mean average based on a survey of sell-side research analysts that cover Qualys.
Qualys (NASDAQ:QLYS) last issued its earnings results on Wednesday, July 31st. The software maker reported $0.39 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.35 by $0.04. The business had revenue of $78.93 million for the quarter, compared to analysts’ expectations of $78.54 million. Qualys had a return on equity of 16.70% and a net margin of 22.45%. The company’s quarterly revenue was up 15.8% on a year-over-year basis. During the same period in the previous year, the firm posted $0.39 EPS.
A number of equities analysts recently issued reports on QLYS shares. Zacks Investment Research cut Qualys from a “buy” rating to a “hold” rating in a report on Thursday, July 25th. ValuEngine downgraded Qualys from a “buy” rating to a “hold” rating in a report on Friday, June 14th. Stifel Nicolaus lowered their price target on Qualys from $100.00 to $90.00 and set a “hold” rating on the stock in a report on Thursday. Wedbush reiterated an “outperform” rating and set a $102.00 price target (up previously from $95.00) on shares of Qualys in a report on Thursday, May 2nd. Finally, FBN Securities initiated coverage on Qualys in a report on Monday, July 15th. They set an “outperform” rating and a $100.00 price target on the stock. One analyst has rated the stock with a sell rating, ten have issued a hold rating and nine have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of $95.06.
In related news, Director Jeffrey P. Hank sold 11,250 shares of Qualys stock in a transaction on Friday, May 10th. The stock was sold at an average price of $85.60, for a total transaction of $963,000.00. Following the completion of the sale, the director now owns 19,993 shares of the company’s stock, valued at $1,711,400.80. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Peter Pace sold 22,500 shares of Qualys stock in a transaction on Monday, May 6th. The shares were sold at an average price of $89.87, for a total value of $2,022,075.00. Following the sale, the director now directly owns 30,243 shares of the company’s stock, valued at approximately $2,717,938.41. The disclosure for this sale can be found here. Insiders have sold 57,497 shares of company stock worth $5,060,930 in the last quarter. 17.30% of the stock is currently owned by corporate insiders.
A number of institutional investors and hedge funds have recently added to or reduced their stakes in QLYS. William Blair Investment Management LLC acquired a new stake in Qualys during the first quarter valued at $59,574,000. Norges Bank acquired a new stake in shares of Qualys in the fourth quarter worth about $31,678,000. Rothschild & Co. Asset Management US Inc. acquired a new stake in shares of Qualys in the second quarter worth about $24,550,000. Fiera Capital Corp lifted its position in shares of Qualys by 31.4% in the first quarter. Fiera Capital Corp now owns 603,579 shares of the software maker’s stock worth $49,940,000 after buying an additional 144,394 shares during the last quarter. Finally, Clearbridge Investments LLC lifted its position in shares of Qualys by 9.7% in the first quarter. Clearbridge Investments LLC now owns 1,155,411 shares of the software maker’s stock worth $95,599,000 after buying an additional 102,395 shares during the last quarter. 85.34% of the stock is owned by hedge funds and other institutional investors.
Shares of NASDAQ QLYS traded down $1.28 during mid-day trading on Friday, reaching $83.06. The company had a trading volume of 454,126 shares, compared to its average volume of 305,135. The stock has a market capitalization of $3.39 billion, a PE ratio of 69.80 and a beta of 1.33. The business has a 50-day moving average price of $87.95. Qualys has a 1-year low of $65.93 and a 1-year high of $97.12.
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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