Qualys, Inc. (NASDAQ:QLYS) Receives Consensus Rating of “Hold” from Brokerages

Shares of Qualys, Inc. (NASDAQ:QLYS) have been given an average rating of “Hold” by the seventeen analysts that are presently covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell rating, twelve have given a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $141.00.

A number of equities research analysts have weighed in on QLYS shares. Zacks Research upgraded shares of Qualys to a “strong-buy” rating in a research report on Monday, August 11th. Wedbush lifted their price target on shares of Qualys from $145.00 to $155.00 and gave the company an “outperform” rating in a research report on Wednesday, August 6th. Scotiabank lifted their price target on shares of Qualys from $142.00 to $150.00 and gave the company a “sector perform” rating in a research report on Wednesday, August 6th. DA Davidson lifted their price target on shares of Qualys from $130.00 to $135.00 and gave the company a “neutral” rating in a research report on Wednesday, August 6th. Finally, UBS Group lifted their price objective on shares of Qualys from $140.00 to $150.00 and gave the company a “neutral” rating in a report on Wednesday, August 6th.

Insider Buying and Selling at Qualys

In related news, CFO Joo Mi Kim sold 1,018 shares of Qualys stock in a transaction that occurred on Tuesday, August 5th. The shares were sold at an average price of $132.26, for a total value of $134,640.68. Following the completion of the transaction, the chief financial officer owned 94,468 shares in the company, valued at approximately $12,494,337.68. The trade was a 1.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director John A. Zangardi sold 3,860 shares of Qualys stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $134.82, for a total transaction of $520,405.20. Following the completion of the transaction, the director owned 7,174 shares of the company’s stock, valued at $967,198.68. This trade represents a 34.98% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 52,223 shares of company stock worth $7,257,452. 1.00% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. BNP PARIBAS ASSET MANAGEMENT Holding S.A. purchased a new position in Qualys in the second quarter worth approximately $44,000. SBI Securities Co. Ltd. lifted its stake in Qualys by 82.7% in the first quarter. SBI Securities Co. Ltd. now owns 369 shares of the software maker’s stock worth $46,000 after acquiring an additional 167 shares during the last quarter. Manchester Capital Management LLC lifted its stake in Qualys by 52.4% in the first quarter. Manchester Capital Management LLC now owns 436 shares of the software maker’s stock worth $55,000 after acquiring an additional 150 shares during the last quarter. Fifth Third Bancorp lifted its stake in Qualys by 27.9% in the first quarter. Fifth Third Bancorp now owns 500 shares of the software maker’s stock worth $63,000 after acquiring an additional 109 shares during the last quarter. Finally, Parallel Advisors LLC lifted its stake in Qualys by 82.0% in the second quarter. Parallel Advisors LLC now owns 484 shares of the software maker’s stock worth $69,000 after acquiring an additional 218 shares during the last quarter. Hedge funds and other institutional investors own 99.31% of the company’s stock.

Qualys Price Performance

Shares of QLYS opened at $135.81 on Tuesday. Qualys has a 1-year low of $112.61 and a 1-year high of $170.00. The stock has a market cap of $4.90 billion, a PE ratio of 27.11 and a beta of 0.65. The firm has a 50-day simple moving average of $136.97 and a two-hundred day simple moving average of $133.20.

Qualys (NASDAQ:QLYS) last announced its quarterly earnings results on Tuesday, August 5th. The software maker reported $1.68 earnings per share for the quarter, beating analysts’ consensus estimates of $1.47 by $0.21. Qualys had a net margin of 29.04% and a return on equity of 37.19%. The business had revenue of $164.06 million during the quarter, compared to analysts’ expectations of $161.25 million. During the same period last year, the business earned $1.52 earnings per share. The business’s revenue for the quarter was up 10.3% on a year-over-year basis. Qualys has set its FY 2025 guidance at 6.200-6.5 EPS. Q3 2025 guidance at 1.500-1.6 EPS. As a group, sell-side analysts expect that Qualys will post 3.85 earnings per share for the current fiscal year.

About Qualys

Qualys, Inc, together with its subsidiaries, provides cloud-based platform delivering information technology (IT), security, and compliance solutions in the United States and internationally. It offers Qualys Cloud Apps, which include Cybersecurity Asset Management and External Attack Surface Management; Vulnerability Management, Detection and Response; Web Application Scanning; Patch Management; Custom Assessment and Remediation; Multi-Vector Endpoint Detection and Response; Context Extended Detection and Response; Policy Compliance; File Integrity Monitoring; and Qualys TotalCloud, as well as Cloud Workload Protection, Cloud Detection and Response, Cloud Security Posture Management, Infrastructure as Code, and Container Security.