Stocks of Qualys Inc (NASDAQ:QLYS) traded higher last session on Wall Street, up 1.01% to $166.87.
QLYS stock price is now -4.38% away from the 50-day moving average and 2.76% away from the 200-day moving average. The market capitalization of the company currently stands at $6.17B.
With the price target of $170, TD Cowen recently initiated with Market Perform rating for Qualys Inc (NASDAQ: QLYS). On August 18, 2023, Stephens recently initiated its ‘Equal-Weight’ rating on the stock quoting a target price of $145, while ‘UBS’ rates the stock as ‘Neutral’
In other news, POSEY BRUCE K, CHIEF LEGAL OFFICER sold 1,430 shares of the company’s stock on Mar 20 ’24. The stock was sold for $235,818 at an average price of $164.91. Upon completion of the transaction, the CHIEF LEGAL OFFICER now directly owns 63,057 shares in the company, valued at $10.52 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 14 ’24, CEO & PRESIDENT Thakar Sumedh S sold 4,120 shares of the business’s stock. A total of $690,589 was realized by selling the stock at an average price of $167.62. This leaves the insider owning 194,481 shares of the company worth $32.45 million. A total of 2.72% of the company’s stock is owned by insiders.
During the past 12 months, Qualys Inc has had a low of $107.00 and a high of $206.35. As of last week, the company has a debt-to-equity ratio of 0.08, a current ratio of 1.53, and a quick ratio of 1.53. According to the stock market information, the enterprise value for the company is $5.72B, which is based on a 41.35 price-to-earnings ratio, a 5.17 price-to-earnings-growth ratio, and a beta of 0.51. The fifty day moving average price for QLYS is $174.51 and a two-hundred day moving average price translates $162.39 for the stock.
The latest earnings results from Qualys Inc (NASDAQ: QLYS) was released for Dec, 2023. According to the Software – Infrastructure Company, earnings per share came in at $1.4, beating analysts’ expectations of $1.24 by 0.16. This compares to $0.73 EPS in the same period last year. The net profit margin was 27.49% and return on equity was 46.13% for QLYS. The company reported revenue of $144.57 million for the quarter, compared to $130.85 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 10.49 percent. For the current quarter, analysts expect QLYS to generate $145.7M in revenue.
