Analysts Anticipate Qualys, Inc. (QLYS) to Announce $0.28 EPS

Equities research analysts expect Qualys, Inc. (NASDAQ:QLYS) to post earnings per share (EPS) of $0.28 for the current quarter, according to Zacks Investment Research. Seven analysts have made estimates for Qualys’ earnings. The lowest EPS estimate is $0.23 and the highest is $0.29. Qualys reported earnings per share of $0.23 in the same quarter last year, which suggests a positive year over year growth rate of 21.7%. The firm is expected to announce its next earnings results on Wednesday, February 14th.

On average, analysts expect that Qualys will report full-year earnings of $1.04 per share for the current financial year, with EPS estimates ranging from $0.89 to $1.06. For the next year, analysts expect that the firm will post earnings of $1.16 per share, with EPS estimates ranging from $1.03 to $1.25. Zacks’ EPS averages are a mean average based on a survey of research firms that cover Qualys.

Qualys (NASDAQ:QLYS) last released its quarterly earnings results on Tuesday, October 31st. The software maker reported $0.31 earnings per share for the quarter, beating analysts’ consensus estimates of $0.21 by $0.10. Qualys had a net margin of 19.76% and a return on equity of 14.81%. The company had revenue of $59.49 million for the quarter, compared to analyst estimates of $58.59 million. During the same period last year, the firm earned $0.22 earnings per share. The firm’s revenue was up 16.7% on a year-over-year basis.

QLYS has been the topic of several research reports. Zacks Investment Research raised shares of Qualys from a “hold” rating to a “buy” rating and set a $47.00 price objective on the stock in a research report on Thursday, July 20th. BidaskClub lowered shares of Qualys from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, July 25th. Northland Securities set a $48.00 price objective on shares of Qualys and gave the stock a “buy” rating in a research report on Saturday, July 22nd. Needham & Company LLC initiated coverage on shares of Qualys in a research report on Monday, October 23rd. They issued a “buy” rating and a $65.00 price objective on the stock. Finally, Summit Redstone raised shares of Qualys from a “hold” rating to a “buy” rating and set a $65.00 price objective on the stock in a research report on Wednesday, November 1st. Ten investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $54.36.

In related news, CEO Philippe F. Courtot sold 20,000 shares of the business’s stock in a transaction that occurred on Friday, November 10th. The shares were sold at an average price of $56.74, for a total transaction of $1,134,800.00. Following the completion of the transaction, the chief executive officer now owns 5,564,435 shares of the company’s stock, valued at $315,726,041.90. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, VP Amer Deeba sold 2,000 shares of the business’s stock in a transaction that occurred on Friday, September 1st. The shares were sold at an average price of $47.86, for a total transaction of $95,720.00. Following the transaction, the vice president now directly owns 79,221 shares of the company’s stock, valued at approximately $3,791,517.06. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 222,694 shares of company stock valued at $12,469,033. 30.20% of the stock is owned by corporate insiders.

Large investors have recently modified their holdings of the stock. Advisors Asset Management Inc. purchased a new position in Qualys during the third quarter valued at approximately $101,000. SG Americas Securities LLC purchased a new position in Qualys during the second quarter valued at approximately $103,000. Ameritas Investment Partners Inc. grew its stake in Qualys by 17.4% during the second quarter. Ameritas Investment Partners Inc. now owns 2,757 shares of the software maker’s stock valued at $112,000 after acquiring an additional 408 shares in the last quarter. Thompson Davis & CO. Inc. grew its stake in Qualys by 1,100.0% during the third quarter. Thompson Davis & CO. Inc. now owns 3,000 shares of the software maker’s stock valued at $155,000 after acquiring an additional 2,750 shares in the last quarter. Finally, Pinebridge Investments L.P. grew its stake in Qualys by 2.9% during the second quarter. Pinebridge Investments L.P. now owns 3,952 shares of the software maker’s stock valued at $161,000 after acquiring an additional 110 shares in the last quarter. 72.80% of the stock is owned by institutional investors.

Qualys (QLYS) traded down $0.05 on Friday, hitting $58.00. 235,800 shares of the company were exchanged, compared to its average volume of 289,927. The company has a market capitalization of $2,201.23, a price-to-earnings ratio of 52.77, a P/E/G ratio of 5.23 and a beta of 0.84. Qualys has a one year low of $30.60 and a one year high of $58.40.

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Qualys Company Profile

Qualys, Inc is a provider of cloud-based security and compliance solutions. The Company’s solutions enable organizations to identify security risks to their information technology (IT) infrastructures, help protect their IT systems and applications from cyber-attacks. Its suite of security and compliance solutions delivered on its Qualys Cloud Platform enables its customers to identify their IT assets, collect and analyze IT security data, discover and prioritize vulnerabilities, recommend remediation actions and verify the implementation of such actions.

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Earnings History and Estimates for Qualys (NASDAQ:QLYS)

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