Q2 Holdings Inc (QTWO) Stock: A Study of the Market Performance

The stock of Q2 Holdings Inc (QTWO) has seen a 8.89% increase in the past week, with a 18.96% gain in the past month, and a 39.94% flourish in the past quarter. The volatility ratio for the week is 3.93%, and the volatility levels for the past 30 days are at 3.38% for QTWO. The simple moving average for the past 20 days is 9.67% for QTWO’s stock, with a 48.25% simple moving average for the past 200 days.

Is It Worth Investing in Q2 Holdings Inc (NYSE: QTWO) Right Now?

QTWO has 36-month beta value of 1.55. Analysts have mixed views on the stock, with 5 analysts rating it as a “buy,” 6 as “overweight,” 4 as “hold,” and 0 as “sell.”

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The public float for QTWO is 56.98M, and currently, short sellers hold a 5.30% ratio of that float. The average trading volume of QTWO on August 01, 2024 was 611.15K shares.

QTWO) stock’s latest price update

Q2 Holdings Inc (NYSE: QTWO) has seen a rise in its stock price by 7.29 in relation to its previous close of 67.47. However, the company has experienced a 8.89% gain in its stock price over the last five trading sessions. seekingalpha.com reported 2024-07-31 that Q2 Holdings, Inc. (NYSE:QTWO ) Q2 2024 Earnings Conference Call July 31, 2024 5:00 PM ET Company Participants Josh Yankovich – Investor Relations Matt Flake – Chief Executive Officer Jonathan Price – Executive Vice President, Strategy & Emerging Businesses David Mehok – Chief Financial Officer Kirk Coleman – President Conference Call Participants Alex Sklar – Raymond James Charles Nabhan – Stephens Matt VanVilet – BTIG Parker Lane – Stifel Adam Hotchkiss – Goldman Sachs Group Operator Good afternoon. My name is Alex and I will be your conference operator today.

Analysts’ Opinion of QTWO

Many brokerage firms have already submitted their reports for QTWO stocks, with DA Davidson repeating the rating for QTWO by listing it as a “Neutral.” The predicted price for QTWO in the upcoming period, according to DA Davidson is $76 based on the research report published on July 24, 2024 of the current year 2024.

Piper Sandler, on the other hand, stated in their research note that they expect to see QTWO reach a price target of $41, previously predicting the price at $30. The rating they have provided for QTWO stocks is “Neutral” according to the report published on December 13th, 2023.

Stephens gave a rating of “Overweight” to QTWO, setting the target price at $46 in the report published on December 07th of the previous year.

QTWO Trading at 15.72% 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 1.84% of gains for the given period.

Volatility was left at 3.38%, however, over the last 30 days, the volatility rate increased by 3.93%, as shares surge +20.29% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +15.77% upper at present.

During the last 5 trading sessions, QTWO rose by +11.31%, which changed the moving average for the period of 200-days by +130.75% in comparison to the 20-day moving average, which settled at $66.63. In addition, Q2 Holdings Inc saw 66.76% 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 Rutledge Kimberly Anne, who sale 1,953 shares at the price of $65.00 back on Jul 11 ’24. After this action, Rutledge Kimberly Anne now owns 115,436 shares of Q2 Holdings Inc, valued at $126,945 using the latest closing price.

Price Jonathan, the EVP, Strategy & Emerging Bus. of Q2 Holdings Inc, sale 11,000 shares at $60.00 during a trade that took place back on Jun 27 ’24, which means that Price Jonathan is holding 226,079 shares at $660,000 based on the most recent closing price.

Stock Fundamentals for QTWO

Current profitability levels for the company are sitting at:

  • -0.1 for the present operating margin
  • 0.49 for the gross margin

The net margin for Q2 Holdings Inc stands at -0.1. The total capital return value is set at -0.06. Equity return is now at value -17.41, with -6.52 for asset returns.

Based on Q2 Holdings Inc (QTWO), the company’s capital structure generated 0.53 points at debt to capital in total, while cash flow to debt ratio is standing at 0.12. The debt to equity ratio resting at 1.13. The interest coverage ratio of the stock is -23.6.

Currently, EBITDA for the company is 6.75 million with net debt to EBITDA at 51.88. When we switch over and look at the enterprise to sales, we see a ratio of 6.92. The receivables turnover for the company is 8.25for 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 2.19.

Conclusion

To put it simply, Q2 Holdings Inc (QTWO) has had a better performance in recent times. Analysts have a bullish opinion on the stock, with some rating 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.

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