Qualys (NASDAQ:QLYS) Posts Earnings Results, Beats Expectations By $0.30 EPS

by · The Cerbat Gem

Qualys (NASDAQ:QLYS – Get Free Report) posted its quarterly earnings results on Tuesday. The software maker reported $1.86 EPS for the quarter, beating analysts’ consensus estimates of $1.56 by $0.30, Briefing.com reports. Qualys had a net margin of 29.04% and a return on equity of 37.19%. The firm had revenue of $169.88 million for the quarter, compared to analysts’ expectations of $166.30 million. During the same quarter in the prior year, the company posted $1.56 earnings per share. The business’s revenue for the quarter was up 10.4% on a year-over-year basis. Qualys updated its FY 2025 guidance to 6.930-7.000 EPS and its Q4 2025 guidance to 1.730-1.800 EPS.

Qualys Price Performance

Shares of QLYS traded up $22.85 on Wednesday, reaching $144.06. The company’s stock had a trading volume of 698,766 shares, compared to its average volume of 334,324. The stock has a market capitalization of $5.20 billion, a P/E ratio of 28.89 and a beta of 0.58. The stock’s 50 day simple moving average is $131.08 and its two-hundred day simple moving average is $134.07. Qualys has a 12-month low of $112.61 and a 12-month high of $170.00.

Analyst Ratings Changes

A number of equities research analysts have recently commented on QLYS shares. Truist Financial reiterated a “hold” rating and set a $130.00 price target (down previously from $145.00) on shares of Qualys in a report on Wednesday. Canaccord Genuity Group set a $160.00 price target on shares of Qualys in a report on Wednesday. Jefferies Financial Group raised their price target on shares of Qualys from $140.00 to $150.00 and gave the company a “hold” rating in a report on Wednesday, August 6th. UBS Group reaffirmed a “neutral” rating and set a $150.00 price target on shares of Qualys in a report on Wednesday. Finally, Scotiabank reaffirmed a “sector perform” rating and set a $139.00 price target on shares of Qualys in a report on Wednesday. Two investment analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $141.07.

Check Out Our Latest Report on QLYS

Insider Buying and Selling

In related news, Director John A. Zangardi sold 3,860 shares of the firm’s stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $134.82, for a total value of $520,405.20. Following the transaction, the director owned 7,174 shares of the company’s stock, valued at approximately $967,198.68. This trade represents a 34.98% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Kristi Marie Rogers sold 1,700 shares of the firm’s stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $134.70, for a total transaction of $228,990.00. Following the completion of the transaction, the director directly owned 8,596 shares in the company, valued at approximately $1,157,881.20. The trade was a 16.51% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 38,346 shares of company stock valued at $5,028,258 in the last 90 days. 1.00% of the stock is owned by insiders.

Institutional Investors Weigh In On Qualys

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. raised its stake in Qualys by 3,218.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 531 shares of the software maker’s stock worth $76,000 after acquiring an additional 515 shares during the period. EverSource Wealth Advisors LLC raised its stake in Qualys by 482.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 646 shares of the software maker’s stock worth $92,000 after acquiring an additional 535 shares during the period. Corient Private Wealth LLC bought a new stake in Qualys during the 2nd quarter worth approximately $213,000. NewEdge Advisors LLC raised its stake in Qualys by 3,948.0% during the 1st quarter. NewEdge Advisors LLC now owns 2,024 shares of the software maker’s stock worth $255,000 after acquiring an additional 1,974 shares during the period. Finally, Captrust Financial Advisors raised its stake in Qualys by 4.6% during the 2nd quarter. Captrust Financial Advisors now owns 2,038 shares of the software maker’s stock worth $291,000 after acquiring an additional 90 shares during the period. Institutional investors own 99.31% of the company’s stock.

About Qualys

(Get Free Report)

Qualys, Inc, together with its subsidiaries, provides cloud-based platform delivering information technology (IT), security, and compliance solutions in the United States and internationally. It offers Qualys Cloud Apps, which include Cybersecurity Asset Management and External Attack Surface Management; Vulnerability Management, Detection and Response; Web Application Scanning; Patch Management; Custom Assessment and Remediation; Multi-Vector Endpoint Detection and Response; Context Extended Detection and Response; Policy Compliance; File Integrity Monitoring; and Qualys TotalCloud, as well as Cloud Workload Protection, Cloud Detection and Response, Cloud Security Posture Management, Infrastructure as Code, and Container Security.

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