Market Momentum Report: Qualys Inc (QLYS)’s Negative Close at 149.75

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The price of Qualys Inc (NASDAQ: QLYS) closed at $149.75 in the last session, down -9.78% from day before closing price of $165.98. In other words, the price has decreased by -$9.78 from its previous closing price. On the day, 1.76 million shares were traded. QLYS stock price reached its highest trading level at $158.96 during the session, while it also had its lowest trading level at $147.58.

Ratios:

We take a closer look at QLYS’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.20 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 21.57. For the most recent quarter (mrq), Quick Ratio is recorded 1.55 and its Current Ratio is at 1.55. In the meantime, Its Debt-to-Equity ratio is 0.09 whereas as Long-Term Debt/Eq ratio is at 0.07.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Scotiabank on April 26, 2024, initiated with a Sector Perform rating and assigned the stock a target price of $172.

On March 26, 2024, TD Cowen started tracking the stock assigning a Market Perform rating and target price of $170.

On August 18, 2023, Stephens started tracking the stock assigning a Equal-Weight rating and target price of $145.Stephens initiated its Equal-Weight rating on August 18, 2023, with a $145 target price.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on May 06 ’24 when Kim Joo Mi sold 928 shares for $167.97 per share. The transaction valued at 155,879 led to the insider holds 93,196 shares of the business.

POSEY BRUCE K sold 1,443 shares of QLYS for $241,457 on Apr 22 ’24. The CHIEF LEGAL OFFICER now owns 62,614 shares after completing the transaction at $167.33 per share. On Apr 15 ’24, another insider, Thakar Sumedh S, who serves as the CEO & PRESIDENT of the company, sold 4,034 shares for $163.96 each. As a result, the insider received 661,427 and left with 193,608 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, QLYS now has a Market Capitalization of 5537350656 and an Enterprise Value of 5717950976. As of this moment, Qualys’s Price-to-Earnings (P/E) ratio for their current fiscal year is 34.72, and their Forward P/E ratio for the next fiscal year is 26.33. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.34. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.75 while its Price-to-Book (P/B) ratio in mrq is 13.69. Its current Enterprise Value per Revenue stands at 10.039 whereas that against EBITDA is 28.961.

Stock Price History:

The Beta on a monthly basis for QLYS is 0.51, which has changed by 0.43855083 over the last 52 weeks, in comparison to a change of 0.2537824 over the same period for the S&P500. Over the past 52 weeks, QLYS has reached a high of $206.35, while it has fallen to a 52-week low of $112.17. The 50-Day Moving Average of the stock is -10.30%, while the 200-Day Moving Average is calculated to be -10.70%.

Shares Statistics:

According to the various share statistics, QLYS traded on average about 453.78K shares per day over the past 3-months and 405690 shares per day over the past 10 days. A total of 36.91M shares are outstanding, with a floating share count of 35.96M. Insiders hold about 2.67% of the company’s shares, while institutions hold 100.61% stake in the company. Shares short for QLYS as of 1713139200 were 3722427 with a Short Ratio of 8.20, compared to 1710460800 on 3790999. Therefore, it implies a Short% of Shares Outstanding of 3722427 and a Short% of Float of 11.55.

Earnings Estimates

The stock of Qualys Inc (QLYS) is currently drawing attention from 18.0 analysts actively involved in the ongoing evaluation and rating process.On average, analysts expect EPS of $1.3 for the current quarter, with a high estimate of $1.35 and a low estimate of $1.23, while EPS last year was $1.09. The consensus estimate for the next quarter is $1.29, with high estimates of $1.4 and low estimates of $1.22.

Analysts are recommending an EPS of between $5.51 and $5.08 for the fiscal current year, implying an average EPS of $5.18. EPS for the following year is $5.68, with 19.0 analysts recommending between $6.04 and $4.91.

Revenue Estimates

According to 17 analysts, the current quarter’s revenue is expected to be $145.81M. It ranges from a high estimate of $147.69M to a low estimate of $144.4M. As of the current estimate, Qualys Inc’s year-ago sales were $130.68MFor the next quarter, 17 analysts are estimating revenue of $150.21M. There is a high estimate of $153.66M for the next quarter, whereas the lowest estimate is $148.6M.

A total of 20 analysts have provided revenue estimates for QLYS’s current fiscal year. The highest revenue estimate was $620.39M, while the lowest revenue estimate was $601.67M, resulting in an average revenue estimate of $607.47M. In the same quarter a year ago, actual revenue was $554.46MBased on 19 analysts’ estimates, the company’s revenue will be $663.07M in the next fiscal year. The high estimate is $692.72M and the low estimate is $542.5M.

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