Qualys (NASDAQ:QLYS) Posts Earnings Results

Key Points

• Qualys reported quarterly earnings of $1.29 EPS, missing expectations by $0.18, and has updated its FY 2025 guidance to $6.200-6.5 EPS.
• Qualys shares experienced a 3.8% decline following the earnings announcement, trading at $130.61.
• Following a series of sell-offs by insiders, the consensus rating for Qualys remains a "Hold," with a target price averaging around $137.50.

Qualys (NASDAQ:QLYS - Get Free Report) released its quarterly earnings data on Tuesday. The software maker reported $1.68 EPS for the quarter, beating the consensus estimate of $1.47 by $0.21, Briefing.com reports. The business had revenue of $164.06 million for the quarter, compared to the consensus estimate of $161.25 million. Qualys had a net margin of 29.04% and a return on equity of 37.85%. The business's revenue for the quarter was up 10.3% on a year-over-year basis. During the same period in the prior year, the firm earned $1.52 EPS. Qualys updated its FY 2025 guidance to 6.200-6.5 EPS and its Q3 2025 guidance to 1.500-1.6 EPS.

Qualys Stock Performance

NASDAQ QLYS traded down $2.68 during trading on Thursday, reaching $127.66. The company's stock had a trading volume of 220,504 shares, compared to its average volume of 338,459. The business's fifty day moving average price is $139.78 and its 200-day moving average price is $134.50. Qualys has a twelve month low of $112.61 and a twelve month high of $170.00. The firm has a market cap of $4.64 billion, a price-to-earnings ratio of 25.48 and a beta of 0.56.

Analysts Set New Price Targets

A number of brokerages have commented on QLYS. Wedbush upped their price objective on shares of Qualys from $145.00 to $155.00 and gave the stock an "outperform" rating in a research report on Wednesday. Morgan Stanley raised their price objective on Qualys from $90.00 to $97.00 and gave the stock an "underweight" rating in a research note on Wednesday. UBS Group raised their target price on Qualys from $140.00 to $150.00 and gave the company a "neutral" rating in a research note on Wednesday. DA Davidson upped their price objective on shares of Qualys from $130.00 to $135.00 and gave the company a "neutral" rating in a research note on Wednesday. Finally, Canaccord Genuity Group decreased their target price on Qualys from $163.00 to $158.00 and set a "buy" rating for the company in a research report on Wednesday, May 7th. Three equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, Qualys has a consensus rating of "Hold" and an average price target of $139.14.

Insider Buying and Selling at Qualys

In other news, Director Jeffrey P. Hank sold 657 shares of the business's stock in a transaction on Monday, June 16th. The shares were sold at an average price of $139.07, for a total value of $91,368.99. Following the sale, the director owned 13,888 shares in the company, valued at approximately $1,931,404.16. The trade was a 4.52% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Sumedh S. Thakar sold 8,500 shares of the company's stock in a transaction dated Monday, July 14th. The shares were sold at an average price of $138.40, for a total value of $1,176,400.00. Following the completion of the sale, the chief executive officer directly owned 215,962 shares of the company's stock, valued at approximately $29,889,140.80. This trade represents a 3.79% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 42,598 shares of company stock worth $6,019,818. 0.88% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Qualys stock. NewEdge Advisors LLC increased its stake in shares of Qualys, Inc. (NASDAQ:QLYS - Free Report) by 3,948.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,024 shares of the software maker's stock after acquiring an additional 1,974 shares during the quarter. NewEdge Advisors LLC's holdings in Qualys were worth $255,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 99.31% of the stock is owned by hedge funds and other institutional investors.

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.