While Qualys Inc has overperformed by 2.71%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, QLYS rose by 45.46%, with highs and lows ranging from $206.35 to $107.00, whereas the simple moving average jumped by 8.79% in the last 200 days.
On August 18, 2023, Stephens started tracking Qualys Inc (NASDAQ: QLYS) recommending Equal-Weight. A report published by UBS on July 06, 2023, Initiated its previous ‘Neutral’ rating for QLYS. Piper Sandler also Downgraded QLYS shares as ‘Underweight’, setting a target price of $109 on the company’s shares in a report dated June 09, 2023. Wolfe Research May 08, 2023d its ‘Peer Perform’ rating to ‘Underperform’ for QLYS, as published in its report on May 08, 2023. JP Morgan also rated the stock as ‘Underweight’.
Analysis of Qualys Inc (QLYS)
Further, the quarter-over-quarter increase in sales is 11.23%, showing a positive trend in the upcoming months.
In order to gain a clear picture of Qualys Inc’s future performance, a variety of well-rounded analysis and research techniques can be applied, with equity being the most critical. The goal here is to ensure that your current return on equity of 46.13% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.53, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
An average volume of 462.96K can be a very valuable indicator of volatility for QLYS stock. On a monthly basis, the volatility of the stock is set at 3.55%, whereas on a weekly basis, it is put at 2.20%, with a gain of 6.16% over the past seven days. Furthermore, long-term investors anticipate a median target price of $166.36, showing decline from the present price of $171.86, which can serve as yet another indication of whether QLYS is worth investing in or should be passed over.
How Do You Analyze Qualys Inc Shares?
The USA based company Qualys Inc (QLYS) is one of the biggest names in Software – Infrastructure. When comparing Qualys Inc shares with other companies under Technology, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 42.59, there is a growth in quarterly earnings of 46.09%.
In addition to the fundamentals, you should also consider how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 2.74%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 100.84% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
QLYS shares are owned by institutional investors to the tune of 100.84% at present.
