Analysts Set Qnity Electronics, Inc. (NYSE:Q) Price Target at $123.29

Shares of Qnity Electronics, Inc. (NYSE:Q) have earned a consensus recommendation of “Moderate Buy” from the eight brokerages that are presently covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 1-year price objective among brokers that have covered the stock in the last year is $123.2857.

Q has been the topic of a number of analyst reports. KeyCorp increased their price objective on shares of Qnity Electronics from $117.00 to $147.00 and gave the stock an “overweight” rating in a report on Friday, February 27th. Zacks Research cut shares of Qnity Electronics from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 21st. Weiss Ratings initiated coverage on shares of Qnity Electronics in a report on Thursday, January 22nd. They issued a “hold (c-)” rating on the stock. Mizuho set a $120.00 price objective on shares of Qnity Electronics in a report on Monday, February 23rd. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $126.00 price objective on shares of Qnity Electronics in a report on Friday, February 20th.

Qnity Electronics Stock Performance

Shares of NYSE:Q opened at $143.41 on Tuesday. The firm has a market capitalization of $30.06 billion and a PE ratio of 78.37. Qnity Electronics has a 1-year low of $70.50 and a 1-year high of $146.67. The business’s fifty day simple moving average is $122.50. The company has a quick ratio of 1.46, a current ratio of 1.95 and a debt-to-equity ratio of 0.54.

Qnity Electronics (NYSE:Q) last issued its earnings results on Thursday, February 26th. The premier technology solutions leader reported $0.82 earnings per share for the quarter, topping analysts’ consensus estimates of $0.64 by $0.18. The business had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.15 billion. Qnity Electronics’s revenue for the quarter was up 8.1% compared to the same quarter last year. Qnity Electronics has set its FY 2026 guidance at 3.550-3.950 EPS. Sell-side analysts expect that Qnity Electronics will post 3.78 EPS for the current fiscal year.

Qnity Electronics Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, May 29th will be paid a dividend of $0.08 per share. The ex-dividend date of this dividend is Friday, May 29th. This represents a $0.32 annualized dividend and a yield of 0.2%. Qnity Electronics’s dividend payout ratio (DPR) is presently 17.49%.

Hedge Funds Weigh In On Qnity Electronics

Several large investors have recently bought and sold shares of Q. GAMMA Investing LLC acquired a new position in Qnity Electronics during the 4th quarter valued at about $461,000. Neville Rodie & Shaw Inc. acquired a new position in Qnity Electronics during the 4th quarter valued at about $526,000. Investors Research Corp acquired a new position in Qnity Electronics during the 4th quarter valued at about $102,000. Board of the Pension Protection Fund acquired a new position in Qnity Electronics during the 4th quarter valued at about $73,000. Finally, Canal Capital Management LLC acquired a new position in Qnity Electronics during the 4th quarter valued at about $331,000.

About Qnity Electronics

Qnity Electronics Inc is a premier technology solution provider across the semiconductor value chain. Qnity Electronics Inc is based in WILMINGTON, Del.