News coverage about Qualys (NASDAQ:QLYS) has trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm ranks the sentiment of media coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Qualys earned a news sentiment score of 0.22 on Accern’s scale. Accern also assigned media headlines about the software maker an impact score of 45.4361590389798 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
These are some of the media headlines that may have effected Accern Sentiment’s scoring:
- $63.78 Million in Sales Expected for Qualys (QLYS) This Quarter (americanbankingnews.com)
- Brokerages Anticipate Qualys Inc (QLYS) to Announce $0.33 EPS (americanbankingnews.com)
- Qualys, Inc. (QLYS) Reaches $73.30 After 3.00% Up Move; Bloom Tree Partners Has Trimmed Genpact Limited (G … (mtastar.com)
- Qualys, Inc. (QLYS) Analysts See $0.24 EPS; LAI SUN DEVELOPMENT CO LTD. ORDINARY SH (LVSDF) Shorts … (mtastar.com)
- Mobile Payment Technology Market Top Key Players: Checkmarx, Qualys, Acunetix (nwctrail.com)
A number of research firms have recently commented on QLYS. Needham & Company LLC reaffirmed a “buy” rating and issued a $85.00 price target (up from $80.00) on shares of Qualys in a report on Tuesday, March 6th. First Analysis reaffirmed a “weight” rating and issued a $80.00 price target (up from $70.00) on shares of Qualys in a report on Friday, February 23rd. Imperial Capital reaffirmed an “outperform” rating and issued a $83.00 price target (up from $62.00) on shares of Qualys in a report on Thursday, February 22nd. Zacks Investment Research raised Qualys from a “hold” rating to a “strong-buy” rating and set a $78.00 price target for the company in a report on Friday, February 16th. Finally, BidaskClub raised Qualys from a “buy” rating to a “strong-buy” rating in a report on Thursday, February 15th. Nine research analysts have rated the stock with a hold rating, four have given a buy rating and two have issued a strong buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $68.92.
Qualys (NASDAQ:QLYS) last issued its quarterly earnings data on Monday, February 12th. The software maker reported $0.32 earnings per share (EPS) for the quarter, topping the Zacks’ 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 for the quarter, compared to the consensus estimate of $61.96 million. During the same quarter last year, the business posted $0.23 earnings per share. The firm’s revenue was up 20.5% compared to the same quarter last year. analysts expect that Qualys will post 0.86 EPS for the current fiscal year.
Qualys announced that its Board of Directors has initiated a share buyback program on Monday, February 12th that allows the company to repurchase $100.00 million in outstanding shares. This repurchase authorization allows the software maker to buy shares of its stock through open market purchases. Stock repurchase programs are typically a sign that the company’s board believes its stock is undervalued.
In other Qualys news, insider Sumedh S. Thakar sold 9,801 shares of the firm’s stock in a transaction dated Friday, February 9th. The stock was sold at an average price of $58.70, for a total transaction of $575,318.70. Following the sale, the insider now owns 192,280 shares in the company, valued at $11,286,836. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Sumedh S. Thakar sold 2,000 shares of the firm’s stock in a transaction dated Tuesday, January 9th. The shares were sold at an average price of $63.39, for a total value of $126,780.00. Following the sale, the insider now owns 198,340 shares in the company, valued at approximately $12,572,772.60. The disclosure for this sale can be found here. Insiders sold 57,801 shares of company stock worth $3,863,839 in the last quarter. 20.90% of the stock is currently owned by company 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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