Qualys (QLYS) Getting Somewhat Positive News Coverage, Analysis Finds

News articles about Qualys (NASDAQ:QLYS) have trended somewhat positive recently, Accern reports. The research firm identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Qualys earned a news sentiment score of 0.18 on Accern’s scale. Accern also gave headlines about the software maker an impact score of 45.5932216566534 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

These are some of the news headlines that may have impacted Accern Sentiment’s analysis:

Shares of Qualys (NASDAQ QLYS) traded up $0.10 on Tuesday, reaching $59.05. The company’s stock had a trading volume of 328,300 shares, compared to its average volume of 291,184. Qualys has a 1-year low of $30.60 and a 1-year high of $62.35. The stock has a market cap of $2,216.40, a P/E ratio of 53.14, a price-to-earnings-growth ratio of 5.26 and a beta of 0.87.

Qualys (NASDAQ:QLYS) last released its quarterly earnings results on Tuesday, October 31st. The software maker reported $0.31 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.21 by $0.10. The firm had revenue of $59.49 million for the quarter, compared to the consensus estimate of $58.59 million. Qualys had a return on equity of 14.81% and a net margin of 19.76%. The company’s revenue for the quarter was up 16.7% on a year-over-year basis. During the same period last year, the business posted $0.22 EPS. research analysts forecast that Qualys will post 0.65 earnings per share for the current year.

Several analysts recently weighed in on the company. J P Morgan Chase & Co downgraded Qualys from an “overweight” rating to a “neutral” rating and set a $65.00 price target on the stock. in a research note on Tuesday, December 12th. Stifel Nicolaus restated a “hold” rating and issued a $60.00 price target on shares of Qualys in a research note on Friday, November 3rd. Zacks Investment Research upgraded Qualys from a “hold” rating to a “buy” rating and set a $64.00 price target on the stock in a research note on Saturday, November 4th. Morgan Stanley downgraded Qualys from an “overweight” rating to an “equal weight” rating and set a $51.00 price target on the stock. in a research note on Tuesday, October 10th. Finally, Summit Redstone upgraded Qualys from a “hold” rating to a “buy” rating and set a $65.00 price target on the stock in a research note on Wednesday, November 1st. Eleven equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Qualys currently has an average rating of “Hold” and an average price target of $54.00.

In other news, insider Sumedh S. Thakar sold 2,000 shares of the firm’s stock in a transaction on Monday, December 11th. The stock was sold at an average price of $58.84, for a total value of $117,680.00. Following the transaction, the insider now directly owns 186,436 shares in the company, valued at approximately $10,969,894.24. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Sumedh S. Thakar sold 15,000 shares of the firm’s stock in a transaction on Wednesday, November 1st. The stock was sold at an average price of $55.05, for a total value of $825,750.00. Following the completion of the transaction, the insider now owns 211,346 shares in the company, valued at $11,634,597.30. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 557,916 shares of company stock worth $32,606,286. Company insiders own 20.90% of the company’s stock.

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About Qualys

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 Qualys 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.

Insider Buying and Selling by Quarter for Qualys (NASDAQ:QLYS)

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