Analysts Set Qualys, Inc. (NASDAQ:QLYS) Price Target at $143.57

Shares of Qualys, Inc. (NASDAQ:QLYS) have been assigned an average rating of “Hold” from the seventeen research firms that are covering the firm, MarketBeat.com reports. Two investment analysts have rated the stock with a sell recommendation, twelve have given a hold recommendation, two have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $143.5714.

Several research firms have weighed in on QLYS. Wall Street Zen raised shares of Qualys from a “hold” rating to a “buy” rating in a research note on Saturday, November 8th. Berenberg Bank began coverage on Qualys in a report on Tuesday, November 18th. They issued a “hold” rating and a $165.00 price objective on the stock. JPMorgan Chase & Co. increased their target price on Qualys from $115.00 to $117.00 and gave the company an “underweight” rating in a report on Wednesday, November 5th. Truist Financial reaffirmed a “hold” rating and issued a $130.00 price target (down from $145.00) on shares of Qualys in a research note on Wednesday, November 5th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Qualys in a research report on Monday, December 29th.

Qualys Price Performance

NASDAQ:QLYS opened at $131.86 on Monday. The business has a 50 day moving average of $140.97 and a 200 day moving average of $136.76. The company has a market capitalization of $4.73 billion, a price-to-earnings ratio of 25.55 and a beta of 0.50. Qualys has a 1-year low of $112.61 and a 1-year high of $155.47.

Qualys (NASDAQ:QLYS) last issued its quarterly earnings results on Tuesday, November 4th. The software maker reported $1.86 EPS for the quarter, beating analysts’ consensus estimates of $1.56 by $0.30. The business had revenue of $169.88 million for the quarter, compared to analysts’ expectations of $166.30 million. Qualys had a net margin of 28.96% and a return on equity of 37.40%. The business’s quarterly revenue was up 10.4% on a year-over-year basis. During the same period last year, the business earned $1.56 earnings per share. Qualys has set its FY 2025 guidance at 6.930-7.000 EPS and its Q4 2025 guidance at 1.730-1.800 EPS. As a group, sell-side analysts anticipate that Qualys will post 3.85 EPS for the current year.

Insider Activity at Qualys

In other Qualys news, CEO Sumedh S. Thakar sold 8,500 shares of the stock in a transaction on Monday, December 15th. The shares were sold at an average price of $147.12, for a total transaction of $1,250,520.00. Following the completion of the sale, the chief executive officer owned 252,800 shares of the company’s stock, valued at $37,191,936. This represents a 3.25% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Joo Mi Kim sold 4,753 shares of the business’s stock in a transaction dated Friday, January 2nd. The shares were sold at an average price of $130.77, for a total transaction of $621,549.81. Following the completion of the transaction, the chief financial officer owned 94,672 shares in the company, valued at $12,380,257.44. The trade was a 4.78% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 37,153 shares of company stock worth $5,212,718 in the last three months. 0.88% of the stock is owned by insiders.

Institutional Investors Weigh In On Qualys

Institutional investors and hedge funds have recently bought and sold shares of the business. Quadrant Capital Group LLC increased its stake in shares of Qualys by 1.8% during the third quarter. Quadrant Capital Group LLC now owns 5,027 shares of the software maker’s stock valued at $665,000 after buying an additional 88 shares during the period. Illinois Municipal Retirement Fund boosted its holdings in Qualys by 0.7% in the third quarter. Illinois Municipal Retirement Fund now owns 12,868 shares of the software maker’s stock valued at $1,703,000 after acquiring an additional 90 shares in the last quarter. Captrust Financial Advisors increased its position in Qualys by 4.6% during the 2nd quarter. Captrust Financial Advisors now owns 2,038 shares of the software maker’s stock valued at $291,000 after purchasing an additional 90 shares during the period. Arkadios Wealth Advisors increased its position in Qualys by 2.4% during the 2nd quarter. Arkadios Wealth Advisors now owns 4,006 shares of the software maker’s stock valued at $572,000 after purchasing an additional 93 shares during the period. Finally, Occidental Asset Management LLC raised its holdings in Qualys by 4.3% in the 2nd quarter. Occidental Asset Management LLC now owns 2,283 shares of the software maker’s stock worth $326,000 after purchasing an additional 95 shares in the last quarter. Hedge funds and other institutional investors own 99.31% of the company’s stock.

Qualys Company Profile

Qualys, Inc (NASDAQ: QLYS) is a leading provider of cloud-based security and compliance solutions designed to help organizations streamline their IT security programs. Operating on a unified, modular platform, Qualys offers continuous visibility into global IT assets through a combination of lightweight cloud agents and on-premises scanner appliances. The platform supports an array of security and compliance use cases, enabling real-time detection of vulnerabilities, policy violations and misconfigurations across on-premises, cloud and hybrid environments.

The company’s flagship Qualys Cloud Platform delivers a suite of integrated applications, including vulnerability management, detection and response (VMDR), policy compliance, web application scanning, file integrity monitoring, asset inventory and container security.