|Bid||0.00 x 900|
|Ask||0.00 x 900|
|Day's Range||84.07 - 85.09|
|52 Week Range||65.94 - 97.12|
|Beta (3Y Monthly)||0.62|
|PE Ratio (TTM)||51.85|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
The increasing need to secure cloud platforms, amid growing incidents of cyber-attacks and hacking, drives demand for cyber security software.
Qualys (QLYS) delivered earnings and revenue surprises of 17.02% and 0.54%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
Qualys Inc. shares fell in the extended session Wednesday after the cloud security company's raised outlook fell in line with what Wall Street was already expecting. Qualys shares fell 4.1% after hours, following a 2.9% decline in the regular session to close at $86.56. Qualys expects earnings of 52 cents to 54 cents a share on revenue of $82.2 million to $82.7 million for the third quarter, and $2.03 to $2.07 a share on revenue of $321 million to $322.5 million for the year. Analysts surveyed by FactSet had forecast earnings of 48 cents a share on revenue of $82.2 million for the third quarter, and $1.93 a share on revenue of $322.1 million for the year. The company reported fiscal second-quarter net income of $16.2 million, or 39 cents a share, compared with $10.3 million, or 24 cents a share, in the year-ago period. Adjusted earnings were 55 cents a share. Revenue rose to $78.9 million from $68.2 million in the year-ago quarter. Analysts had forecast earnings of 47 cents a share on revenue of $78.5 million.
Qualys earnings and revenue for the second quarter beat Wall Street analyst estimates, as shares in the cybersecurity firm wavered during extended trading on the stock markets Wednesday.
Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
Qualys (QLYS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Qualys stock is among the leaders in the fast-growing, cloud-based computer security market. So why has its stock moved sideways for nearly a year?
Billionaire hedge fund managers such as David Abrams, Steve Cohen and Stan Druckenmiller can generate millions or even billions of dollars every year by pinning down high-potential small-cap stocks and pouring cash into these candidates. Small-cap stocks are overlooked by most investors, brokerage houses, and financial services hubs, while the unlimited research abilities of the […]
Cybersecurity stocks are up 24% on the year, about five times the gain of the S&P 500, as indicated by the ISE Cybersecurity Index (HXR). A report last week from Goldman Sachs suggests there remains potential upside for a number of cybersecurity stocks, including Qualys Inc. (QLYS), CyberArk Software Ltd. (CYBR), Fortinet Inc. (FTNT), Imperva Inc. (IMPV), Proofpoint Inc. (PFPT), KEYW Holding Corp. (KEYW), Cisco Systems Inc. (CSCO), and Verisign Inc. (VRSN). As security becomes the top priority for corporate America in the lead up to the midterms, Goldman analysts write that “a rise in allocation to security spending in anticipation of potential threats would boost the top-line of cybersecurity stocks.” (To read more, see: 18 Midterm Election Year Stock Picks).
Qualys Inc NASDAQ/NGS:QLYSView full report here! Summary * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is moderate Bearish sentimentShort interest | NeutralShort interest is moderate for QLYS with between 5 and 10% of shares outstanding currently on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NegativeETF activity is negative and may be weakening. The net inflows of $956 million over the last one-month into ETFs that hold QLYS are among the lowest of the last year and appear to be slowing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.