Qualys (NASDAQ:QLYS) issued an update on its first quarter 2020
After-Hours earnings guidance on Wednesday morning. The company provided EPS guidance of 0.60-0.62 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.57. The company issued revenue guidance of $85.7-86.4 million, compared to the consensus revenue estimate of $86.19 million.Qualys also updated its FY 2020
After-Hours guidance to 2.57-2.62 EPS.
NASDAQ QLYS traded up $2.36 on Friday, reaching $92.44. The stock had a trading volume of 408,136 shares, compared to its average volume of 296,254. The business has a 50 day moving average price of $85.73 and a 200 day moving average price of $83.11. Qualys has a 1 year low of $72.76 and a 1 year high of $95.99. The company has a market capitalization of $3.49 billion, a price-to-earnings ratio of 60.42 and a beta of 1.36.
Qualys (NASDAQ:QLYS) last issued its earnings results on Wednesday, February 12th. The software maker reported $0.64 EPS for the quarter, beating analysts’ consensus estimates of $0.41 by $0.23. Qualys had a return on equity of 18.15% and a net margin of 20.27%. The firm had revenue of $84.70 million for the quarter, compared to the consensus estimate of $84.68 million. During the same quarter in the previous year, the company posted $0.51 earnings per share. The business’s quarterly revenue was up 14.2% compared to the same quarter last year. On average, research analysts forecast that Qualys will post 1.64 EPS for the current year.
QLYS has been the subject of a number of analyst reports. Royal Bank of Canada reaffirmed a hold rating and issued a $90.00 price target on shares of Qualys in a research report on Sunday, February 9th. BidaskClub raised Qualys from a sell rating to a hold rating in a research report on Friday, January 24th. Rosenblatt Securities reaffirmed a hold rating and issued a $93.00 price target on shares of Qualys in a research report on Thursday. Robert W. Baird boosted their price target on Qualys from $90.00 to $95.00 and gave the stock a neutral rating in a research report on Thursday. Finally, Needham & Company LLC reaffirmed a buy rating and issued a $105.00 price target on shares of Qualys in a research report on Thursday, November 21st. Twelve research analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Qualys has a consensus rating of Hold and an average price target of $95.69.
In related news, CFO Melissa B. Fisher sold 450 shares of the business’s stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $85.80, for a total transaction of $38,610.00. Following the completion of the transaction, the chief financial officer now owns 185,368 shares of the company’s stock, valued at approximately $15,904,574.40. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Bruce K. Posey sold 1,000 shares of the business’s stock in a transaction dated Wednesday, January 8th. The stock was sold at an average price of $83.86, for a total value of $83,860.00. Following the transaction, the vice president now directly owns 85,955 shares of the company’s stock, valued at approximately $7,208,186.30. The disclosure for this sale can be found here. Insiders have sold a total of 28,086 shares of company stock valued at $2,407,427 in the last three months. 17.30% of the stock is owned by insiders.
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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