Qualys (QLYS) to Release Quarterly Earnings on Tuesday

Qualys (NASDAQ:QLYS - Get Free Report) is set to release its earnings data after the market closes on Tuesday, May 7th. Analysts expect Qualys to post earnings of $1.31 per share for the quarter. Investors interested in registering for the company's conference call can do so using this link.

Qualys (NASDAQ:QLYS - Get Free Report) last announced its quarterly earnings data on Wednesday, February 7th. The software maker reported $1.08 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.82 by $0.26. The business had revenue of $144.57 million for the quarter, compared to analysts' expectations of $144.69 million. Qualys had a return on equity of 49.06% and a net margin of 27.34%. On average, analysts expect Qualys to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Qualys Price Performance

NASDAQ:QLYS traded down $4.36 on Tuesday, reaching $163.91. 403,706 shares of the company's stock were exchanged, compared to its average volume of 455,359. The firm has a market cap of $6.06 billion, a price-to-earnings ratio of 40.57 and a beta of 0.51. The stock has a fifty day simple moving average of $166.63 and a 200-day simple moving average of $175.86. Qualys has a 52 week low of $107.00 and a 52 week high of $206.35.

Analysts Set New Price Targets

QLYS has been the subject of a number of recent research reports. Royal Bank of Canada reduced their price objective on shares of Qualys from $212.00 to $180.00 and set a "sector perform" rating for the company in a research note on Thursday, February 8th. Truist Financial increased their price objective on Qualys from $145.00 to $175.00 and gave the stock a "hold" rating in a report on Tuesday, January 16th. StockNews.com lowered Qualys from a "buy" rating to a "hold" rating in a report on Sunday, April 21st. JPMorgan Chase & Co. increased their price target on shares of Qualys from $146.00 to $152.00 and gave the stock an "underweight" rating in a report on Thursday, February 8th. Finally, Wedbush cut their price objective on shares of Qualys from $230.00 to $210.00 and set an "outperform" rating for the company in a research report on Thursday, February 8th. Four analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $154.57.

Insider Buying and Selling

In other Qualys news, CEO Sumedh S. Thakar sold 4,034 shares of the firm's stock in a transaction dated Monday, April 15th. The stock was sold at an average price of $163.96, for a total transaction of $661,414.64. Following the sale, the chief executive officer now owns 193,608 shares in the company, valued at $31,743,967.68. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other news, CFO Joo Mi Kim sold 1,130 shares of the business's stock in a transaction that occurred on Monday, February 5th. The shares were sold at an average price of $169.49, for a total value of $191,523.70. Following the completion of the sale, the chief financial officer now directly owns 96,734 shares in the company, valued at approximately $16,395,445.66. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Sumedh S. Thakar sold 4,034 shares of the company's stock in a transaction on Monday, April 15th. The shares were sold at an average price of $163.96, for a total transaction of $661,414.64. Following the completion of the sale, the chief executive officer now directly owns 193,608 shares of the company's stock, valued at approximately $31,743,967.68. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 14,792 shares of company stock worth $2,455,489. Corporate insiders own 1.20% of the company's stock.

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.