Qnity Electronics, Inc. (NYSE:Q - Get Free Report) was the recipient of some unusual options trading on Monday. Stock investors acquired 4,104 call options on the stock. This represents an increase of 153% compared to the average daily volume of 1,623 call options.
Analysts Set New Price Targets
Several research firms have recently weighed in on Q. Mizuho set a $120.00 price target on Qnity Electronics in a research note on Monday, February 23rd. Royal Bank Of Canada increased their price target on Qnity Electronics from $118.00 to $133.00 and gave the company an "outperform" rating in a research note on Wednesday, February 25th. Weiss Ratings initiated coverage on shares of Qnity Electronics in a report on Thursday, January 22nd. They set a "hold (c-)" rating for the company. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and set a $126.00 price target on shares of Qnity Electronics in a report on Friday, February 20th. Finally, KeyCorp upped their target price on Qnity Electronics from $117.00 to $147.00 and gave the stock an "overweight" rating in a research note on Friday, February 27th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Buy" and a consensus price target of $120.86.
View Our Latest Analysis on Qnity Electronics
Qnity Electronics Price Performance
NYSE:Q traded down $3.54 during trading hours on Monday, reaching $108.23. 592,101 shares of the company traded hands, compared to its average volume of 2,487,021. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.46 and a current ratio of 1.95. The firm's 50-day simple moving average is $109.38. The stock has a market capitalization of $22.69 billion and a PE ratio of 59.14. Qnity Electronics has a 1-year low of $70.50 and a 1-year high of $140.60.
Qnity Electronics (NYSE:Q - Get Free Report) last posted its quarterly earnings data on Thursday, February 26th. The premier technology solutions leader reported $0.82 EPS for the quarter, beating analysts' consensus estimates of $0.64 by $0.18. The company had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.15 billion. The firm's quarterly 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.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in Q. Vanguard Group Inc. bought a new position in shares of Qnity Electronics during the fourth quarter worth about $2,226,626,000. State Street Corp bought a new stake in shares of Qnity Electronics during the 4th quarter worth $728,894,000. Geode Capital Management LLC acquired a new stake in shares of Qnity Electronics during the 4th quarter worth approximately $435,786,000. Invesco Ltd. bought a new position in shares of Qnity Electronics in the fourth quarter valued at approximately $385,057,000. Finally, Franklin Resources Inc. bought a new position in Qnity Electronics in the 4th quarter valued at $287,519,000.
Qnity Electronics Company Profile
(
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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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