The stock has a 36-month beta value of 1.48. Opinions on the stock are mixed, with 7 analysts rating it as a “buy,” 3 as “overweight,” 3 as “hold,” and 0 as “sell.”
The public float for QTWO is 55.77M, and at present, short sellers hold a 5.46% of that float. On April 12, 2024, the average trading volume of QTWO was 637.08K shares.
QTWO) stock’s latest price update
The stock of Q2 Holdings Inc (NYSE: QTWO) has increased by 3.10 when compared to last closing price of 51.90. Despite this, the company has experienced a 4.57% gain in its stock price over the last five trading sessions. InvestorPlace reported 2024-04-08 that The Russell 2000, an index tracking the performance of small-to-mid-cap companies, continues to struggle against its peer indices, largely repeating the events of last year. In 2023, The Russell 2000 increased 16.8%, while the S&P 500 and Nasdaq indices appreciated 24.2% and 43.4%, respectively.
QTWO’s Market Performance
QTWO’s stock has risen by 4.57% in the past week, with a monthly rise of 7.02% and a quarterly rise of 26.23%. The volatility ratio for the week is 2.91% while the volatility levels for the last 30 days are 3.29% for Q2 Holdings Inc The simple moving average for the past 20 days is 4.50% for QTWO’s stock, with a 39.92% simple moving average for the past 200 days.
Analysts’ Opinion of QTWO
Many brokerage firms have already submitted their reports for QTWO stocks, with Piper Sandler repeating the rating for QTWO by listing it as a “Neutral.” The predicted price for QTWO in the upcoming period, according to Piper Sandler is $41 based on the research report published on December 13, 2023 of the previous year 2023.
Stephens, on the other hand, stated in their research note that they expect to see QTWO reach a price target of $46, previously predicting the price at $36. The rating they have provided for QTWO stocks is “Overweight” according to the report published on December 07th, 2023.
Canaccord Genuity gave a rating of “Buy” to QTWO, setting the target price at $40 in the report published on August 07th of the previous year.
QTWO Trading at 13.13% from the 50-Day Moving Average
After a stumble in the market that brought QTWO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -0.83% of loss for the given period.
Volatility was left at 3.29%, however, over the last 30 days, the volatility rate increased by 2.91%, as shares surge +6.17% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +21.48% upper at present.
During the last 5 trading sessions, QTWO rose by +4.57%, which changed the moving average for the period of 200-days by +82.69% in comparison to the 20-day moving average, which settled at $51.36. In addition, Q2 Holdings Inc saw 23.27% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at QTWO starting from Seale R. H., who sale 9,000 shares at the price of $48.49 back on Mar 15 ’24. After this action, Seale R. H. now owns 372,754 shares of Q2 Holdings Inc, valued at $436,410 using the latest closing price.
Flake Matthew P, the Chief Executive Officer of Q2 Holdings Inc, sale 8,820 shares at $49.58 during a trade that took place back on Mar 14 ’24, which means that Flake Matthew P is holding 372,155 shares at $437,296 based on the most recent closing price.
Stock Fundamentals for QTWO
Current profitability levels for the company are sitting at:
- -0.14 for the present operating margin
- 0.48 for the gross margin
The net margin for Q2 Holdings Inc stands at -0.1. The total capital return value is set at -0.09. Equity return is now at value -15.07, with -5.13 for asset returns.
Based on Q2 Holdings Inc (QTWO), the company’s capital structure generated 0.55 points at debt to capital in total, while cash flow to debt ratio is standing at 0.13. The debt to equity ratio resting at 1.22. The interest coverage ratio of the stock is -15.01.
Currently, EBITDA for the company is 6.75 million with net debt to EBITDA at 125.63. When we switch over and look at the enterprise to sales, we see a ratio of 5.57. The receivables turnover for the company is 11.99for trailing twelve months and the total asset turnover is 0.52. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.04.
Conclusion
To sum up, Q2 Holdings Inc (QTWO) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
