Qualys Inc (NASDAQ: QLYS) has a higher price-to-earnings ratio of 27.25x compared to its average ratio, The 36-month beta value for QLYS is at 0.50. Analysts have varying views on the stock, with 5 analysts rating it as a “buy,” 1 rating it as “overweight,” 11 as “hold,” and 0 as “sell.”
The public float for QLYS is 36.49M, and currently, shorts hold a 10.22% of that float. The average trading volume for QLYS on August 07, 2024 was 445.24K shares.
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QLYS) stock’s latest price update
Qualys Inc (NASDAQ: QLYS) has seen a decline in its stock price by -9.79 in relation to its previous close of 137.10. However, the company has experienced a -17.07% decline in its stock price over the last five trading sessions. prnewswire.com reported 2024-08-07 that FOSTER CITY, Calif., Aug. 7, 2024 /PRNewswire/ — Qualys, Inc. (NASDAQ: QLYS), a leading provider of disruptive cloud-based IT, security and compliance solutions, today announced that management will participate in a fireside chat and host one-on-one meetings with interested investors at the following conference: Canaccord Genuity’s 44th Annual Growth Conference.
QLYS’s Market Performance
Qualys Inc (QLYS) has experienced a -17.07% fall in stock performance for the past week, with a -11.34% drop in the past month, and a -25.49% drop in the past quarter. The volatility ratio for the week is 4.40%, and the volatility levels for the past 30 days are at 3.20% for QLYS. The simple moving average for the past 20 days is -13.59% for QLYS’s stock, with a -25.11% simple moving average for the past 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 -12.16% 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 -40.06% of loss for the given period.
Volatility was left at 3.20%, however, over the last 30 days, the volatility rate increased by 4.40%, as shares sank -12.08% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -15.46% lower at present.
During the last 5 trading sessions, QLYS fell by -16.96%, which changed the moving average for the period of 200-days by -23.33% in comparison to the 20-day moving average, which settled at $142.28. In addition, Qualys Inc saw -36.99% 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 JOO MI KIM, who proposed sale 1,866 shares at the price of $137.76 back on Aug 05 ’24. After this action, JOO MI KIM now owns shares of Qualys Inc, valued at $257,060 using the latest closing price.
POSEY BRUCE K, the CHIEF LEGAL OFFICER of Qualys Inc, sale 1,339 shares at $143.35 during a trade that took place back on Jul 22 ’24, which means that POSEY BRUCE K is holding 58,947 shares at $191,941 based on the most recent closing price.
Stock Fundamentals for QLYS
Current profitability levels for the company are sitting at:
- 0.31 for the present operating margin
- 0.82 for the gross margin
The net margin for Qualys Inc stands at 0.29. The total capital return value is set at 0.35. Equity return is now at value 48.41, with 21.51 for asset returns.
Based on Qualys Inc (QLYS), the company’s capital structure generated 0.11 points at debt to capital in total, while cash flow to debt ratio is standing at 4.19. The debt to equity ratio resting at 0.12. The interest coverage ratio of the stock is 81.58.
Currently, EBITDA for the company is 190.06 million with net debt to EBITDA at -1.17. When we switch over and look at the enterprise to sales, we see a ratio of 7.57. The receivables turnover for the company is 5.3for 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 1.42.
Conclusion
In conclusion, Qualys Inc (QLYS) has had a bad performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others 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.
