Qualys (QLYS) to Release Quarterly Earnings on Thursday

Qualys (NASDAQ:QLYS) is expected to issue its quarterly earnings data after the market closes on Thursday, February 6th. Analysts expect the company to announce earnings of $1.35 per share and revenue of $156.27 million for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Qualys (NASDAQ:QLYS) last issued its quarterly earnings results on Tuesday, November 5th. The software maker reported $1.56 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.33 by $0.23. The firm had revenue of $153.87 million for the quarter, compared to analyst estimates of $150.74 million. Qualys had a return on equity of 40.24% and a net margin of 28.72%. The business’s revenue was up 8.4% on a year-over-year basis. During the same period in the previous year, the company posted $1.24 earnings per share. On average, analysts expect Qualys to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Qualys Stock Performance

Shares of QLYS stock opened at $143.43 on Wednesday. The stock’s fifty day moving average is $143.87 and its two-hundred day moving average is $135.59. The firm has a market capitalization of $5.25 billion, a P/E ratio of 31.59 and a beta of 0.56. Qualys has a fifty-two week low of $119.17 and a fifty-two week high of $184.04.

Insiders Place Their Bets

In other Qualys news, Director Jeffrey P. Hank sold 4,000 shares of Qualys stock in a transaction dated Friday, November 15th. The stock was sold at an average price of $146.31, for a total transaction of $585,240.00. Following the completion of the sale, the director now directly owns 12,666 shares of the company’s stock, valued at $1,853,162.46. The trade was a 24.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Bruce K. Posey sold 882 shares of the stock in a transaction dated Tuesday, January 21st. The shares were sold at an average price of $139.66, for a total value of $123,180.12. Following the completion of the transaction, the insider now owns 62,295 shares in the company, valued at approximately $8,700,119.70. The trade was a 1.40 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 31,259 shares of company stock worth $4,578,153 over the last 90 days. Corporate insiders own 1.00% of the company’s stock.

Wall Street Analyst Weigh In

QLYS has been the subject of a number of recent research reports. Jefferies Financial Group increased their price objective on shares of Qualys from $135.00 to $155.00 and gave the company a “hold” rating in a report on Wednesday, November 6th. DA Davidson increased their price target on Qualys from $120.00 to $147.00 and gave the company a “neutral” rating in a report on Wednesday, November 6th. Needham & Company LLC initiated coverage on Qualys in a research note on Wednesday, November 6th. They set a “hold” rating on the stock. Wolfe Research raised Qualys from an “underperform” rating to a “peer perform” rating in a research note on Monday, November 11th. Finally, Morgan Stanley upped their price objective on shares of Qualys from $123.00 to $126.00 and gave the company an “underweight” rating in a report on Wednesday, November 6th. Three analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $152.80.

About Qualys

Qualys, Inc, together with its subsidiaries, provides cloud-based platform delivering information technology (IT), security, and compliance solutions in the United States and internationally. It offers Qualys Cloud Apps, which include Cybersecurity Asset Management and External Attack Surface Management; Vulnerability Management, Detection and Response; Web Application Scanning; Patch Management; Custom Assessment and Remediation; Multi-Vector Endpoint Detection and Response; Context Extended Detection and Response; Policy Compliance; File Integrity Monitoring; and Qualys TotalCloud, as well as Cloud Workload Protection, Cloud Detection and Response, Cloud Security Posture Management, Infrastructure as Code, and Container Security.