The price-to-earnings ratio for Qualys Inc (NASDAQ: QLYS) is above average at 35.45x. The 36-month beta value for QLYS is also noteworthy at 0.51. There are mixed opinions on the stock, with 5 analysts rating it as a “buy,” 1 rating it as “overweight,” 11 rating it as “hold,” and 0 rating it as “sell.”
The public float for QLYS is 35.96M, and at present, short sellers hold a 10.35% of that float. The average trading volume of QLYS on May 08, 2024 was 453.78K shares.
QLYS) stock’s latest price update
Qualys Inc (NASDAQ: QLYS)’s stock price has plunge by -7.90relation to previous closing price of 165.98. Nevertheless, the company has seen a -7.51% plunge in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-05-07 that Qualys (QLYS) came out with quarterly earnings of $1.45 per share, beating the Zacks Consensus Estimate of $1.31 per share. This compares to earnings of $1.09 per share a year ago.
QLYS’s Market Performance
QLYS’s stock has fallen by -7.51% in the past week, with a monthly drop of -8.67% and a quarterly drop of -13.72%. The volatility ratio for the week is 3.12% while the volatility levels for the last 30 days are 2.50% for Qualys Inc The simple moving average for the last 20 days is -8.22% for QLYS stock, with a simple moving average of -8.84% for the last 200 days.
Analysts’ Opinion of QLYS
Many brokerage firms have already submitted their reports for QLYS stocks, with Scotiabank repeating the rating for QLYS by listing it as a “Sector Perform.” The predicted price for QLYS in the upcoming period, according to Scotiabank is $172 based on the research report published on April 26, 2024 of the current year 2024.
TD Cowen, on the other hand, stated in their research note that they expect to see QLYS reach a price target of $170. The rating they have provided for QLYS stocks is “Market Perform” according to the report published on March 26th, 2024.
Stephens gave a rating of “Equal-Weight” to QLYS, setting the target price at $145 in the report published on August 18th of the previous year.
QLYS Trading at -8.43% from the 50-Day Moving Average
After a stumble in the market that brought QLYS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -25.92% of loss for the given period.
Volatility was left at 2.50%, however, over the last 30 days, the volatility rate increased by 3.12%, as shares sank -10.04% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -10.75% lower at present.
During the last 5 trading sessions, QLYS fell by -9.98%, which changed the moving average for the period of 200-days by +11.57% in comparison to the 20-day moving average, which settled at $165.73. In addition, Qualys Inc saw -22.12% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at QLYS starting from POSEY BRUCE K, who sale 1,443 shares at the price of $167.33 back on Apr 22 ’24. After this action, POSEY BRUCE K now owns 62,614 shares of Qualys Inc, valued at $241,457 using the latest closing price.
Thakar Sumedh S, the CEO & PRESIDENT of Qualys Inc, sale 4,034 shares at $163.96 during a trade that took place back on Apr 15 ’24, which means that Thakar Sumedh S is holding 193,608 shares at $661,427 based on the most recent closing price.
Stock Fundamentals for QLYS
Current profitability levels for the company are sitting at:
- 0.3 for the present operating margin
- 0.81 for the gross margin
The net margin for Qualys Inc stands at 0.28. The total capital return value is set at 0.37. Equity return is now at value 48.28, with 21.10 for asset returns.
Based on Qualys Inc (QLYS), the company’s capital structure generated 0.09 points at debt to capital in total, while cash flow to debt ratio is standing at 6.96. The debt to equity ratio resting at 0.09. The interest coverage ratio of the stock is 79.17.
Currently, EBITDA for the company is 190.06 million with net debt to EBITDA at -1.22. When we switch over and look at the enterprise to sales, we see a ratio of 9.45. The receivables turnover for the company is 4.93for trailing twelve months and the total asset turnover is 0.66. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.55.
Conclusion
In summary, Qualys Inc (QLYS) has had a bad performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
