Equities research analysts expect Qualys, Inc. (NASDAQ:QLYS) to report $103.97 million in sales for the current quarter, Zacks reports. Five analysts have provided estimates for Qualys’ earnings. The lowest sales estimate is $103.30 million and the highest is $104.20 million. Qualys posted sales of $93.07 million during the same quarter last year, which suggests a positive year-over-year growth rate of 11.7%. The business is scheduled to issue its next earnings results on Wednesday, November 3rd.
According to Zacks, analysts expect that Qualys will report full-year sales of $406.40 million for the current financial year, with estimates ranging from $404.50 million to $406.90 million. For the next year, analysts expect that the company will report sales of $454.83 million, with estimates ranging from $445.19 million to $458.40 million. Zacks Investment Research’s sales averages are an average based on a survey of sell-side research firms that follow Qualys.
Qualys (NASDAQ:QLYS) last released its earnings results on Monday, August 9th. The software maker reported $0.79 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.68 by $0.11. The firm had revenue of $99.70 million during the quarter, compared to analyst estimates of $98.98 million. Qualys had a return on equity of 17.14% and a net margin of 17.67%. The business’s quarterly revenue was up 12.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.74 earnings per share.
In related news, major shareholder Philippe Courtot Family Trust sold 50,938 shares of the stock in a transaction dated Thursday, September 2nd. The stock was sold at an average price of $120.02, for a total value of $6,113,578.76. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Sumedh S. Thakar sold 7,133 shares of the stock in a transaction dated Thursday, July 15th. The shares were sold at an average price of $99.17, for a total value of $707,379.61. Following the completion of the transaction, the chief executive officer now directly owns 199,334 shares of the company’s stock, valued at approximately $19,767,952.78. The disclosure for this sale can be found here. In the last quarter, insiders sold 369,555 shares of company stock valued at $42,137,920. Insiders own 15.60% of the company’s stock.
Large investors have recently added to or reduced their stakes in the business. Lazard Asset Management LLC bought a new position in Qualys during the 1st quarter worth approximately $28,000. SRS Capital Advisors Inc. bought a new position in Qualys during the 2nd quarter worth approximately $31,000. Van ECK Associates Corp lifted its holdings in Qualys by 126.2% during the 2nd quarter. Van ECK Associates Corp now owns 457 shares of the software maker’s stock worth $46,000 after buying an additional 255 shares during the last quarter. Newbridge Financial Services Group Inc. lifted its holdings in Qualys by 53.8% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 583 shares of the software maker’s stock worth $59,000 after buying an additional 204 shares during the last quarter. Finally, Dark Forest Capital Management LP bought a new position in Qualys during the 2nd quarter worth approximately $117,000. 86.86% of the stock is currently owned by institutional investors.
NASDAQ:QLYS traded down $0.17 on Monday, hitting $119.35. 5,861 shares of the stock were exchanged, compared to its average volume of 407,382. The stock has a market cap of $4.65 billion, a PE ratio of 70.62 and a beta of 0.61. The stock has a fifty day moving average of $108.75 and a 200-day moving average of $104.07. Qualys has a fifty-two week low of $86.65 and a fifty-two week high of $148.84.
Qualys, Inc engages in the provision of cloud security and compliance solutions. Its products enable organizations to identify security risks to information technology infrastructures; help protect information technology systems and applications from cyber attacks; and achieve compliance with internal policies and external regulations.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Qualys Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Qualys and related companies with MarketBeat.com's FREE daily email newsletter.