Qualys (NASDAQ:QLYS) underwent analysis by 4 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.
The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 0 | 0 | 4 | 0 | 0 |
| Last 30D | 0 | 0 | 0 | 0 | 0 |
| 1M Ago | 0 | 0 | 3 | 0 | 0 |
| 2M Ago | 0 | 0 | 1 | 0 | 0 |
| 3M Ago | 0 | 0 | 0 | 0 | 0 |
In the assessment of 12-month price targets, analysts unveil insights for Qualys, presenting an average target of $169.25, a high estimate of $172.00, and a low estimate of $165.00. A decline of 3.29% from the prior average price target is evident in the current average.
Decoding Analyst Ratings: A Detailed Look
The standing of Qualys among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Joel Fishbein | Truist Securities | Lowers | Hold | $165.00 | $175.00 |
| Shrenik Kothari | Baird | Lowers | Neutral | $170.00 | $175.00 |
| Patrick Colville | Scotiabank | Announces | Sector Perform | $172.00 | - |
| Nick Yako | TD Cowen | Announces | Hold | $170.00 | - |
Key Insights:
- Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Qualys. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Qualys compared to the broader market.
- Price Targets: Delving into movements, analysts provide estimates for the future value of Qualys's stock. This analysis reveals shifts in analysts' expectations over time.
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of Qualys's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
Stay up to date on Qualys analyst ratings.
Delving into Qualys's Background
Qualys is a cloud security and compliance solutions provider that helps businesses identify and manage their security risks and compliance requirements. The California-based company has more than 10,000 customers worldwide, the majority of which are small- and medium-size businesses. Qualys was founded in 1999 and went public in 2012.
Qualys's Economic Impact: An Analysis
Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.
Revenue Growth: Qualys's remarkable performance in 3 months is evident. As of 31 March, 2024, the company achieved an impressive revenue growth rate of 11.57%. This signifies a substantial increase in the company's top-line earnings. When compared to others in the Information Technology sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: Qualys's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 27.25% net margin, the company effectively manages costs and achieves strong profitability.
Return on Equity (ROE): Qualys's ROE excels beyond industry benchmarks, reaching 10.29%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): Qualys's ROA stands out, surpassing industry averages. With an impressive ROA of 4.75%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: Qualys's debt-to-equity ratio is below the industry average. With a ratio of 0.09, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.
Analyst Ratings: What Are They?
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
This article was generated by Benzinga's automated content engine and reviewed by an editor.