The stock of Q2 Holdings Inc (QTWO) has gone up by 7.90% for the week, with a 9.94% rise in the past month and a 35.65% rise in the past quarter. The volatility ratio for the week is 2.69%, and the volatility levels for the past 30 days are 3.02% for QTWO. The simple moving average for the past 20 days is 9.82% for QTWO’s stock, with a 43.49% simple moving average for the past 200 days.
Is It Worth Investing in Q2 Holdings Inc (NYSE: QTWO) Right Now?
The stock has a 36-month beta value of 1.51. 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 55.78M, and at present, short sellers hold a 5.68% of that float. On May 02, 2024, the average trading volume of QTWO was 647.14K shares.
QTWO) stock’s latest price update
Q2 Holdings Inc (NYSE: QTWO) has experienced a rise in its stock price by 10.32 compared to its previous closing price of 51.73. However, the company has seen a gain of 7.90% in its stock price over the last five trading days. Seeking Alpha reported 2024-05-01 that Q2 Holdings, Inc. (NYSE:QTWO ) Q1 2024 Earnings Conference Call May 1, 2024 5:00 PM ET Company Participants Josh Yankovich – Investor Relations Matt Flake – Chief Executive Officer Jonathan Price – EVP, Strategy & Emerging Businesses David Mehok – Chief Financial Officer Kirk Coleman – President Conference Call Participants Alex Sklar – Raymond James Terry Tillman – Truist Adam Hotchkiss – Goldman Sachs Matt VanVilet – BTIG Andrew Schmidt – Citi Operator Good afternoon. My name is Pam, and I will be your conference operator today.
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 14.02% 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 able to rebound, for now settling with 4.72% of gains for the given period.
Volatility was left at 3.02%, however, over the last 30 days, the volatility rate increased by 2.69%, as shares surge +11.60% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +36.48% upper at present.
During the last 5 trading sessions, QTWO rose by +7.97%, which changed the moving average for the period of 200-days by +71.54% in comparison to the 20-day moving average, which settled at $52.26. In addition, Q2 Holdings Inc saw 31.47% 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 $50.10 back on Apr 19 ’24. After this action, Seale R. H. now owns 363,754 shares of Q2 Holdings Inc, valued at $450,900 using the latest closing price.
Seale R. H., the Director of Q2 Holdings Inc, sale 9,000 shares at $48.49 during a trade that took place back on Mar 15 ’24, which means that Seale R. H. is holding 372,754 shares at $436,410 based on the most recent closing price.
Stock Fundamentals for QTWO
Current profitability levels for the company are sitting at:
- -0.12 for the present operating margin
- 0.49 for the gross margin
The net margin for Q2 Holdings Inc stands at -0.12. The total capital return value is set at -0.08. 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 0.54 points at debt to capital in total, while cash flow to debt ratio is standing at 0.15. The debt to equity ratio resting at 1.17. The interest coverage ratio of the stock is -26.38.
Currently, EBITDA for the company is 6.75 million with net debt to EBITDA at 27.48. When we switch over and look at the enterprise to sales, we see a ratio of 5.67. The receivables turnover for the company is 10.13for 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.
