The stock of Q2 Holdings Inc (NYSE: QTWO) has increased by 4.81 when compared to last closing price of 76.07. Despite this, the company has experienced a 10.66% gain in its stock price over the last five trading sessions. businesswire.com reported 2024-09-17 that AUSTIN, Texas–(BUSINESS WIRE)–Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital transformation solutions for financial services, today announced the recipients of the third annual Q2 Philanthropy Fund grant cycle. In partnership with Austin Community Foundation (ACF), a grantmaking public charity, the 2024 Q2 Philanthropy Fund has awarded a total of $150,000 to nonprofits to further their missions, goals and initiatives across the globe. In the spirit of Q2 Spark, Q2’s corporate s.
Is It Worth Investing in Q2 Holdings Inc (NYSE: QTWO) Right Now?
The 36-month beta value for QTWO is also noteworthy at 1.58. There are mixed opinions on the stock, with 7 analysts rating it as a “buy,” 3 rating it as “overweight,” 3 rating it as “hold,” and 0 rating it as “sell.”
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The public float for QTWO is 57.53M, and at present, short sellers hold a 5.98% of that float. The average trading volume of QTWO on September 20, 2024 was 546.55K shares.
QTWO’s Market Performance
QTWO’s stock has seen a 10.66% increase for the week, with a 9.68% rise in the past month and a 40.59% gain in the past quarter. The volatility ratio for the week is 3.02%, and the volatility levels for the past 30 days are at 2.61% for Q2 Holdings Inc The simple moving average for the past 20 days is 8.40% for QTWO’s stock, with a 43.98% simple moving average for the past 200 days.
Analysts’ Opinion of QTWO
Many brokerage firms have already submitted their reports for QTWO stocks, with Compass Point repeating the rating for QTWO by listing it as a “Buy.” The predicted price for QTWO in the upcoming period, according to Compass Point is $91 based on the research report published on September 04, 2024 of the current year 2024.
DA Davidson, on the other hand, stated in their research note that they expect to see QTWO reach a price target of $76, previously predicting the price at $65. The rating they have provided for QTWO stocks is “Neutral” according to the report published on July 24th, 2024.
Piper Sandler gave a rating of “Neutral” to QTWO, setting the target price at $41 in the report published on December 13th of the previous year.
QTWO Trading at 13.42% 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 2.61% of gains for the given period.
Volatility was left at 2.61%, however, over the last 30 days, the volatility rate increased by 3.02%, as shares surge +9.00% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +31.39% upper at present.
During the last 5 trading sessions, QTWO rose by +10.66%, which changed the moving average for the period of 200-days by +112.50% in comparison to the 20-day moving average, which settled at $73.88. In addition, Q2 Holdings Inc saw 83.67% 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 Volanoski Michael A., who sale 1,428 shares at the price of $71.93 back on Sep 12 ’24. After this action, Volanoski Michael A. now owns 227,672 shares of Q2 Holdings Inc, valued at $102,716 using the latest closing price.
MICHAEL A VOLANOSKI, the Officer of Q2 Holdings Inc, proposed sale 1,428 shares at $71.27 during a trade that took place back on Sep 12 ’24, which means that MICHAEL A VOLANOSKI is holding shares at $101,774 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
- 0.48 for the gross margin
The net margin for Q2 Holdings Inc stands at -0.1. The total capital return value is set at -0.06. Equity return is now at value -14.78, with -5.63 for asset returns.
Based on Q2 Holdings Inc (QTWO), the company’s capital structure generated 0.51 points at debt to capital in total, while cash flow to debt ratio is standing at 0.2. The debt to equity ratio resting at 1.05. The interest coverage ratio of the stock is -13.09.
Currently, EBITDA for the company is 6.75 million with net debt to EBITDA at 7.94. When we switch over and look at the enterprise to sales, we see a ratio of 7.7. The receivables turnover for the company is 9.61for 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 2.26.
Conclusion
In summary, Q2 Holdings Inc (QTWO) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing 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.
