Shares of Qualys Inc. (NASDAQ:QLYS) have been assigned a consensus rating of “Buy” from the fourteen ratings firms that are currently covering the firm. Six investment analysts have rated the stock with a hold recommendation, seven have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $36.73.

QLYS has been the topic of a number of research reports. Summit Redstone reissued a “hold” rating and set a $30.00 target price on shares of Qualys in a research report on Friday, July 22nd. Summit Research reissued a “hold” rating and set a $30.00 target price on shares of Qualys in a research report on Friday, July 22nd. Imperial Capital reissued an “outperform” rating and set a $30.00 target price on shares of Qualys in a research report on Monday, July 25th. TheStreet raised shares of Qualys from a “hold” rating to a “buy” rating in a research report on Friday, July 29th. Finally, Wunderlich raised their price target on shares of Qualys from $26.00 to $31.00 and gave the company a “hold” rating in a report on Thursday, August 4th.

Qualys (NASDAQ:QLYS) opened at 36.30 on Friday. Qualys has a 12-month low of $16.96 and a 12-month high of $39.74. The stock’s 50 day moving average is $37.20 and its 200 day moving average is $33.10. The stock has a market capitalization of $1.30 billion, a PE ratio of 72.60 and a beta of 1.09.

Qualys (NASDAQ:QLYS) last posted its earnings results on Thursday, November 3rd. The company reported $0.22 EPS for the quarter, beating analysts’ consensus estimates of $0.19 by $0.03. The business had revenue of $51 million for the quarter, compared to the consensus estimate of $50.74 million. Qualys had a net margin of 9.86% and a return on equity of 8.79%. The company’s revenue for the quarter was up 20.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.19 EPS. Equities analysts anticipate that Qualys will post $0.81 EPS for the current fiscal year.

In other Qualys news, Chairman Philippe F. Courtot sold 30,000 shares of Qualys stock in a transaction that occurred on Thursday, August 18th. The shares were sold at an average price of $33.15, for a total transaction of $994,500.00. Following the completion of the sale, the chairman now directly owns 5,412,542 shares in the company, valued at approximately $179,425,767.30. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Sumedh S. Thakar sold 1,600 shares of Qualys stock in a transaction that occurred on Friday, September 9th. The shares were sold at an average price of $35.77, for a total transaction of $57,232.00. Following the sale, the insider now owns 57,335 shares of the company’s stock, valued at $2,050,872.95. The disclosure for this sale can be found here. Company insiders own 30.20% of the company’s stock.

Hedge funds have recently made changes to their positions in the stock. Municipal Employees Retirement System of Michigan boosted its stake in shares of Qualys by 1.7% in the third quarter. Municipal Employees Retirement System of Michigan now owns 5,420 shares of the company’s stock valued at $207,000 after buying an additional 90 shares during the last quarter. Parametric Portfolio Associates LLC raised its position in Qualys by 0.4% in the second quarter. Parametric Portfolio Associates LLC now owns 23,092 shares of the company’s stock valued at $688,000 after buying an additional 91 shares during the period. Louisiana State Employees Retirement System raised its position in Qualys by 0.9% in the second quarter. Louisiana State Employees Retirement System now owns 10,800 shares of the company’s stock valued at $322,000 after buying an additional 100 shares during the period. Greenwich Wealth Management LLC raised its position in Qualys by 2.1% in the second quarter. Greenwich Wealth Management LLC now owns 14,890 shares of the company’s stock valued at $444,000 after buying an additional 300 shares during the period. Finally, Arizona State Retirement System raised its position in Qualys by 3.3% in the second quarter. Arizona State Retirement System now owns 12,700 shares of the company’s stock valued at $379,000 after buying an additional 400 shares during the period. Institutional investors and hedge funds own 74.05% of the company’s stock.

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 QualysGuard 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.

5 Day Chart for NASDAQ:QLYS

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