Qnity Electronics, Inc. (NYSE:Q) Given Consensus Rating of “Buy” by Analysts

Qnity Electronics, Inc. (NYSE:Q) has been assigned an average rating of “Buy” from the eight ratings firms that are covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a hold recommendation, six have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $120.8571.

Q has been the topic of a number of recent analyst reports. KeyCorp boosted their price objective 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 started coverage on Qnity Electronics in a report on Thursday, January 22nd. They set a “hold (c-)” rating for the company. Mizuho set a $120.00 price objective on shares of Qnity Electronics in a research note on Monday, February 23rd. Zacks Research upgraded shares of Qnity Electronics from a “hold” rating to a “strong-buy” rating in a research report on Monday, March 2nd. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $126.00 price target on shares of Qnity Electronics in a report on Friday, February 20th.

Institutional Trading of Qnity Electronics

Several institutional investors and hedge funds have recently modified their holdings of the business. 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 in the fourth quarter worth about $25,000. Armstrong Advisory Group Inc. purchased a new position in Qnity Electronics during the fourth quarter valued at $26,000. Provenance Wealth Advisors LLC bought a new stake in Qnity Electronics during the 4th quarter valued at about $27,000. Finally, Motco bought a new stake in shares of Qnity Electronics in the 4th quarter worth $27,000.

Qnity Electronics Trading Down 1.8%

Shares of NYSE Q opened at $116.48 on Friday. The business’s 50-day simple moving average is $110.65. The firm has a market capitalization of $24.42 billion and a P/E ratio of 63.65. Qnity Electronics has a 12 month low of $70.50 and a 12 month high of $140.60. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.46 and a current ratio of 1.95.

Qnity Electronics (NYSE:Q) last posted its earnings results on Thursday, February 26th. The premier technology solutions leader reported $0.82 EPS for the quarter, beating the consensus estimate of $0.64 by $0.18. The firm had revenue of $1.19 billion during the quarter, compared to the consensus estimate of $1.15 billion. The company’s revenue was up 8.1% compared to the same quarter last year. Qnity Electronics has set its FY 2026 guidance at 3.550-3.950 EPS.

About Qnity Electronics

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