Qualys (QLYS) Set to Announce Quarterly Earnings on Wednesday

Qualys (NASDAQ:QLYS) will be announcing its earnings results after the market closes on Wednesday, October 30th. Analysts expect the company to announce earnings of $0.38 per share for the quarter. Qualys has set its Q3 guidance at $0.52 to $0.54 EPS.Investors that are interested in participating in the company’s conference call can do so using this link.

Qualys (NASDAQ:QLYS) last announced its quarterly earnings results on Wednesday, July 31st. The software maker reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.04. Qualys had a net margin of 22.45% and a return on equity of 16.53%. The company had revenue of $78.93 million for the quarter, compared to the consensus estimate of $78.54 million. During the same quarter in the prior year, the firm earned $0.39 earnings per share. The company’s revenue for the quarter was up 15.8% compared to the same quarter last year. On average, analysts expect Qualys to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Shares of NASDAQ QLYS opened at $76.59 on Wednesday. Qualys has a 12-month low of $65.93 and a 12-month high of $97.12. The company has a market capitalization of $3.00 billion, a PE ratio of 64.36 and a beta of 1.40. The firm’s 50-day moving average is $77.89 and its two-hundred day moving average is $84.03.

In related news, insider Sumedh S. Thakar sold 6,980 shares of the company’s stock in a transaction that occurred on Friday, August 9th. The shares were sold at an average price of $82.99, for a total transaction of $579,270.20. Following the completion of the transaction, the insider now owns 173,583 shares of the company’s stock, valued at $14,405,653.17. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Sumedh S. Thakar sold 4,289 shares of the company’s stock in a transaction that occurred on Monday, September 9th. The stock was sold at an average price of $78.86, for a total transaction of $338,230.54. Following the transaction, the insider now directly owns 167,803 shares of the company’s stock, valued at approximately $13,232,944.58. The disclosure for this sale can be found here. In the last three months, insiders sold 16,855 shares of company stock valued at $1,353,965. Company insiders own 17.30% of the company’s stock.

A number of equities analysts have recently weighed in on the stock. BidaskClub lowered shares of Qualys from a “hold” rating to a “sell” rating in a research report on Tuesday. Robert W. Baird set a $100.00 price objective on shares of Qualys and gave the company a “hold” rating in a research report on Sunday, September 15th. FBN Securities assumed coverage on shares of Qualys in a research report on Monday, July 15th. They issued an “outperform” rating and a $100.00 price objective for the company. SunTrust Banks assumed coverage on shares of Qualys in a research report on Wednesday, October 2nd. They issued a “hold” rating and a $85.00 price objective for the company. Finally, Rosenblatt Securities assumed coverage on shares of Qualys in a research report on Monday, September 9th. They issued a “hold” rating and a $85.00 price objective for the company. Two analysts have rated the stock with a sell rating, twelve have assigned a hold rating and seven have issued a buy rating to the company. Qualys has an average rating of “Hold” and an average target price of $94.11.

About Qualys

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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Earnings History for Qualys (NASDAQ:QLYS)

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