Investors Purchase Large Volume of Qnity Electronics Call Options (NYSE:Q)

Qnity Electronics, Inc. (NYSE:QGet Free Report) was the target of unusually large options trading activity on Monday. Stock traders bought 4,104 call options on the company. This is an increase of approximately 153% compared to the typical volume of 1,623 call options.

Qnity Electronics Price Performance

Shares of NYSE Q opened at $107.09 on Tuesday. The company has a market capitalization of $22.45 billion and a PE ratio of 58.52. Qnity Electronics has a one year low of $70.50 and a one year high of $140.60. The company’s 50 day simple moving average is $109.57. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.95 and a quick ratio of 1.46.

Qnity Electronics (NYSE:QGet Free Report) last announced its quarterly earnings data on Thursday, February 26th. The premier technology solutions leader reported $0.82 earnings per share for the quarter, topping analysts’ consensus estimates of $0.64 by $0.18. The business had revenue of $1.19 billion during the quarter, compared to the consensus estimate of $1.15 billion. The business’s revenue for the quarter was up 8.1% on a year-over-year basis. Qnity Electronics has set its FY 2026 guidance at 3.550-3.950 EPS.

Analyst Ratings Changes

Q has been the topic of several research reports. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $126.00 price objective on shares of Qnity Electronics in a research report on Friday, February 20th. Royal Bank Of Canada upped their target price on shares of Qnity Electronics from $118.00 to $133.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 25th. KeyCorp increased their target price on Qnity Electronics from $117.00 to $147.00 and gave the company an “overweight” rating in a research note on Friday, February 27th. Weiss Ratings assumed coverage on Qnity Electronics in a research report on Thursday, January 22nd. They set a “hold (c-)” rating on the stock. Finally, Mizuho set a $120.00 price target on Qnity Electronics in a research note on Monday, February 23rd. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, Qnity Electronics presently has a consensus rating of “Buy” and a consensus price target of $120.86.

Get Our Latest Report on Qnity Electronics

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Moisand Fitzgerald Tamayo LLC bought a new stake in shares of Qnity Electronics in the 4th quarter valued at about $25,000. Dunhill Financial LLC purchased a new stake in Qnity Electronics during the 4th quarter valued at about $25,000. Armstrong Advisory Group Inc. bought a new position in Qnity Electronics during the 4th quarter worth approximately $26,000. Motco purchased a new position in Qnity Electronics in the 4th quarter worth approximately $27,000. Finally, Provenance Wealth Advisors LLC purchased a new position in Qnity Electronics in the 4th quarter worth approximately $27,000.

About Qnity Electronics

(Get Free Report)

Qnity Electronics Inc is a premier technology solution provider across the semiconductor value chain. Qnity Electronics Inc is based in WILMINGTON, Del.

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