Qualys (NASDAQ:QLYS) Releases Quarterly Earnings Results, Beats Expectations By $0.21 EPS

Qualys (NASDAQ:QLYS - Get Free Report) released its quarterly earnings data on Tuesday. The software maker reported $1.68 earnings per share for the quarter, topping the consensus estimate of $1.47 by $0.21, Briefing.com reports. The business had revenue of $164.06 million during the quarter, compared to analyst estimates of $161.25 million. Qualys had a return on equity of 38.05% and a net margin of 29.19%. The company's revenue was up 10.3% compared to the same quarter last year. During the same period last year, the company posted $1.52 EPS. Qualys updated its FY 2025 guidance to 6.200-6.5 EPS and its Q3 2025 guidance to 1.500-1.6 EPS.

Qualys Price Performance

Shares of NASDAQ:QLYS opened at $130.61 on Wednesday. Qualys has a 1-year low of $112.61 and a 1-year high of $170.00. The firm's 50 day simple moving average is $139.89 and its two-hundred day simple moving average is $134.53. The company has a market capitalization of $4.75 billion, a P/E ratio of 26.71 and a beta of 0.56.

Insider Buying and Selling

In other news, CEO Sumedh S. Thakar sold 8,500 shares of the company's stock in a transaction dated Monday, July 14th. The shares were sold at an average price of $138.40, for a total value of $1,176,400.00. Following the transaction, the chief executive officer directly owned 215,962 shares in the company, valued at approximately $29,889,140.80. This represents a 3.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Bruce K. Posey sold 541 shares of the stock in a transaction dated Monday, July 21st. The stock was sold at an average price of $140.11, for a total transaction of $75,799.51. Following the transaction, the insider owned 60,643 shares in the company, valued at approximately $8,496,690.73. The trade was a 0.88% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 41,580 shares of company stock valued at $5,885,177 in the last three months. Corporate insiders own 1.00% of the company's stock.

Hedge Funds Weigh In On Qualys

A hedge fund recently raised its stake in Qualys stock. NewEdge Advisors LLC lifted its stake in Qualys, Inc. (NASDAQ:QLYS - Free Report) by 3,948.0% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,024 shares of the software maker's stock after purchasing an additional 1,974 shares during the quarter. NewEdge Advisors LLC's holdings in Qualys were worth $255,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 99.31% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have recently commented on the company. JPMorgan Chase & Co. decreased their target price on Qualys from $122.00 to $117.00 and set an "underweight" rating for the company in a research report on Monday, April 28th. Royal Bank Of Canada raised their target price on Qualys from $131.00 to $140.00 and gave the company a "sector perform" rating in a report on Wednesday, May 7th. Wedbush dropped their price objective on Qualys from $160.00 to $145.00 and set an "outperform" rating on the stock in a research note on Wednesday, May 7th. Morgan Stanley dropped their price objective on Qualys from $120.00 to $90.00 and set an "underweight" rating on the stock in a research note on Wednesday, April 16th. Finally, Canaccord Genuity Group decreased their price objective on Qualys from $163.00 to $158.00 and set a "buy" rating on the stock in a report on Wednesday, May 7th. Three investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $137.50.

Read Our Latest Analysis on QLYS

About Qualys

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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