Qualys, Inc. (NASDAQ:QLYS):
Qualys Helps Federal Agencies Address Requirements of White House Executive Order (EO) on Cybersecurity.
The company is now unchanged by 0.00% since yesterday’s close of $40.95.
Qualys, Inc., launched on December 30, 1999, is a provider of cloud-based security and compliance solutions. The Business’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. The Company provides its solutions through a software-as-a-service model..
Company chares are trading at $40.95 which is a tad under the 50 day moving average of $41.21 and marginally over the 200 day moving average of $36.36. The 50 day moving average was down $-0.26 or -0.63% whereas the 200 day moving average was up $4.59 or +12.62%.
The company’s P/E ratio is 43.89 and market capitalization is 1.52B. As of the last earnings report the EPS was $0.93 and is expected to be $0.85 for the current year with 37,033,000 shares outstanding. Next quarter’s EPS is forecasted to be $0.21 with next year’s EPS anticipated to be $1.02.
Investors are feeling more bullish on Qualys, Inc. as implied by the change in short interest. The firm recorded a fall in short interest of -2.29% as of the latest report on May 31, 2017. Short interest fell from 939,054 to 917,537 over that period. Days to cover increased from 2.1 to 2.8 and the percentage of shorted shares was 0.02% on May 31.
Several investment analysts have weighed in on QLYS of late. On June 7, 2017 Susquehanna released its first research report on the stock setting a rating of “Neutral”. On November 4, 2016 the stock rating was set at “Neutral” in a report from JP Morgan which is up from the previous “Underweight” rating.
On October 17 the company was upgraded from “Neutral” to “Buy” and a price target of $47.00 was set in a report from DA Davidson. Equity analyst Wunderlich both upgraded the stock and raised the price target on September 13 changing the price objective from $26.00 to $43.00 and moving the rating from “Hold” to “Buy”.
On September 13 the stock rating was upgraded to “Buy” from “Hold” with a current price target of $43.00 in an announcement from Wunderlich. Equity analyst Summit Redstone Partners started covering the stock giving it an initial rating of “Hold” and a price target of $30.00.