Brokerages predict that Qualys Inc (NASDAQ:QLYS) will post earnings of $0.40 per share for the current fiscal quarter, Zacks Investment Research reports. Seven analysts have made estimates for Qualys’ earnings, with the highest EPS estimate coming in at $0.41 and the lowest estimate coming in at $0.36. Qualys posted earnings per share of $0.57 during the same quarter last year, which would indicate a negative year-over-year growth rate of 29.8%. The business is expected to issue its next earnings report on Monday, February 11th.

On average, analysts expect that Qualys will report full-year earnings of $1.62 per share for the current year, with EPS estimates ranging from $1.48 to $1.64. For the next fiscal year, analysts anticipate that the firm will post earnings of $1.85 per share, with EPS estimates ranging from $1.78 to $1.93. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side analysts that follow Qualys.

Qualys (NASDAQ:QLYS) last released its quarterly earnings data on Tuesday, October 30th. The software maker reported $0.49 EPS for the quarter, topping analysts’ consensus estimates of $0.38 by $0.11. The firm had revenue of $71.70 million during the quarter, compared to the consensus estimate of $71.22 million. Qualys had a net margin of 17.10% and a return on equity of 14.18%. The firm’s revenue was up 20.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.31 earnings per share.

A number of research firms have commented on QLYS. Zacks Investment Research raised shares of Qualys from a “hold” rating to a “strong-buy” rating and set a $84.00 price objective for the company in a report on Wednesday, November 7th. Wedbush reaffirmed a “buy” rating and issued a $95.00 price objective on shares of Qualys in a report on Friday, November 16th. BidaskClub downgraded shares of Qualys from a “strong-buy” rating to a “buy” rating in a report on Tuesday, July 31st. BTIG Research raised shares of Qualys from a “neutral” rating to a “buy” rating and set a $100.00 price objective for the company in a report on Tuesday. Finally, First Analysis set a $112.00 price objective on shares of Qualys and gave the stock a “buy” rating in a report on Monday, September 10th. One research analyst has rated the stock with a sell rating, six have given a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $87.60.

In related news, VP Bruce K. Posey sold 2,000 shares of Qualys stock in a transaction dated Monday, September 10th. The shares were sold at an average price of $92.10, for a total transaction of $184,200.00. Following the sale, the vice president now directly owns 37,548 shares in the company, valued at $3,458,170.80. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CFO Melissa B. Fisher sold 1,500 shares of Qualys stock in a transaction dated Thursday, September 6th. The shares were sold at an average price of $89.02, for a total transaction of $133,530.00. Following the sale, the chief financial officer now owns 121,330 shares in the company, valued at $10,800,796.60. The disclosure for this sale can be found here. In the last three months, insiders have sold 43,196 shares of company stock valued at $3,494,425. Corporate insiders own 18.60% of the company’s stock.

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Meritage Portfolio Management raised its stake in shares of Qualys by 0.5% during the second quarter. Meritage Portfolio Management now owns 108,400 shares of the software maker’s stock valued at $9,138,000 after purchasing an additional 529 shares in the last quarter. Metropolitan Life Insurance Co. NY raised its position in Qualys by 6.7% in the second quarter. Metropolitan Life Insurance Co. NY now owns 10,862 shares of the software maker’s stock worth $916,000 after acquiring an additional 678 shares in the last quarter. Swiss National Bank raised its position in Qualys by 1.2% in the third quarter. Swiss National Bank now owns 57,800 shares of the software maker’s stock worth $5,150,000 after acquiring an additional 700 shares in the last quarter. Piedmont Investment Advisors LLC raised its position in Qualys by 10.3% in the second quarter. Piedmont Investment Advisors LLC now owns 7,648 shares of the software maker’s stock worth $645,000 after acquiring an additional 713 shares in the last quarter. Finally, Comerica Bank raised its position in Qualys by 2.3% in the second quarter. Comerica Bank now owns 34,997 shares of the software maker’s stock worth $3,314,000 after acquiring an additional 775 shares in the last quarter. Institutional investors and hedge funds own 81.17% of the company’s stock.

Qualys stock opened at $70.89 on Friday. The firm has a market capitalization of $2.73 billion, a price-to-earnings ratio of 55.81 and a beta of 1.42. Qualys has a 12 month low of $55.05 and a 12 month high of $98.30.

About Qualys

Qualys, Inc provides cloud-based security and compliance solutions in the United States and internationally. The company offers Qualys Cloud Apps, which includes Asset Inventory, CMDB Sync, Vulnerability Management, Continuous Monitoring, Cloud Agent, Threat Protection, Security Configuration Assessment, Indication of Compromise, Policy Compliance, PCI Compliance, Security Assessment Questionnaire, File Integrity Monitoring, Web Application Scanning, and Web Application Firewall.

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