Research Analysts’ Recent Ratings Changes for Qualtrics International (XM)

Qualtrics International (NYSE: XM) recently received a number of ratings updates from brokerages and research firms:

  • 4/28/2022 – Qualtrics International was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Qualtrics is the creator of the Experience Management (XM) category which is changing the way organizations manage and improve the four core experiences of business–customer, employee, product, and brand. “
  • 4/22/2022 – Qualtrics International had its price target lowered by analysts at Morgan Stanley from $54.00 to $43.00. They now have an “overweight” rating on the stock.
  • 4/22/2022 – Qualtrics International had its price target lowered by analysts at Piper Sandler from $48.00 to $40.00. They now have an “overweight” rating on the stock.
  • 4/22/2022 – Qualtrics International had its price target lowered by analysts at JMP Securities from $59.00 to $46.00. They now have a “market outperform” rating on the stock.
  • 4/22/2022 – Qualtrics International had its price target lowered by analysts at Barclays PLC from $32.00 to $30.00. They now have an “equal weight” rating on the stock.
  • 4/22/2022 – Qualtrics International had its price target lowered by analysts at Deutsche Bank Aktiengesellschaft from $36.00 to $33.00. They now have a “buy” rating on the stock.
  • 3/31/2022 – Qualtrics International is now covered by analysts at Bank of America Co.. They set a “buy” rating on the stock.
  • 3/30/2022 – Qualtrics International was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Qualtrics is the creator of the Experience Management (XM) category which is changing the way organizations manage and improve the four core experiences of business–customer, employee, product, and brand. “
  • 3/29/2022 – Qualtrics International is now covered by analysts at Exane BNP Paribas. They set a “neutral” rating and a $28.00 price target on the stock.
  • 3/29/2022 – Qualtrics International is now covered by analysts at BNP Paribas. They set a “neutral” rating and a $28.00 price target on the stock.

Qualtrics International stock opened at $14.70 on Thursday. The company’s 50-day moving average price is $25.22 and its 200-day moving average price is $30.52. Qualtrics International Inc. has a twelve month low of $14.48 and a twelve month high of $49.03. The company has a market cap of $8.54 billion, a PE ratio of -6.87 and a beta of 2.19.

Qualtrics International (NYSE:XMGet Rating) last released its quarterly earnings results on Thursday, April 21st. The company reported $0.01 EPS for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.02. Qualtrics International had a negative net margin of 98.21% and a negative return on equity of 152.93%. The firm had revenue of $335.60 million during the quarter, compared to analysts’ expectations of $325.66 million. During the same period in the previous year, the company earned ($0.41) EPS. The firm’s revenue for the quarter was up 40.7% compared to the same quarter last year. As a group, sell-side analysts forecast that Qualtrics International Inc. will post -1.69 earnings per share for the current year.

In related news, Director Vi (Gp) L.L.C. Slta acquired 125,762 shares of the stock in a transaction on Thursday, February 24th. The stock was bought at an average cost of $28.46 per share, with a total value of $3,579,186.52. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Over the last three months, insiders acquired 469,703 shares of company stock valued at $13,069,731. 1.30% of the stock is owned by corporate insiders.

Institutional investors and hedge funds have recently made changes to their positions in the company. Rockefeller Capital Management L.P. purchased a new stake in shares of Qualtrics International in the 4th quarter worth approximately $28,000. Cedar Mountain Advisors LLC purchased a new stake in shares of Qualtrics International in the 1st quarter worth approximately $26,000. Signaturefd LLC raised its stake in shares of Qualtrics International by 68.8% during the 1st quarter. Signaturefd LLC now owns 1,350 shares of the company’s stock worth $39,000 after acquiring an additional 550 shares in the last quarter. PNC Financial Services Group Inc. raised its stake in shares of Qualtrics International by 61.3% during the 3rd quarter. PNC Financial Services Group Inc. now owns 1,937 shares of the company’s stock worth $83,000 after acquiring an additional 736 shares in the last quarter. Finally, Benjamin F. Edwards & Company Inc. raised its stake in shares of Qualtrics International by 39.9% during the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 3,987 shares of the company’s stock worth $141,000 after acquiring an additional 1,138 shares in the last quarter.

Qualtrics International Inc operates an experience management platform to manage customer, employee, product, and brand experiences worldwide. The company offers The Qualtrics Experience Management Platform, a system of action that guides users with specific instructions for improvement and automated actions to improve experiences, as well as for listening, understanding, and taking action on both structured and unstructured data.

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