Brokerages Set Qnity Electronics, Inc. (NYSE:Q) Target Price at $151.33

Qnity Electronics, Inc. (NYSE:QGet Free Report) has been given a consensus recommendation of “Moderate Buy” by the ten research firms that are presently covering the firm, MarketBeat.com reports. Two investment analysts have rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average twelve-month target price among analysts that have covered the stock in the last year is $151.3333.

Several research firms have commented on Q. Royal Bank Of Canada upped their price target on shares of Qnity Electronics from $150.00 to $200.00 and gave the company an “outperform” rating in a report on Wednesday, May 13th. Deutsche Bank Aktiengesellschaft set a $180.00 price target on shares of Qnity Electronics in a report on Wednesday, May 13th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Qnity Electronics in a report on Friday, May 8th. Mizuho upped their price target on shares of Qnity Electronics from $150.00 to $170.00 and gave the company an “outperform” rating in a report on Wednesday, May 13th. Finally, BMO Capital Markets reaffirmed an “outperform” rating and issued a $180.00 price target on shares of Qnity Electronics in a report on Wednesday, May 13th.

View Our Latest Stock Analysis on Qnity Electronics

Institutional Investors Weigh In On Qnity Electronics

Hedge funds have recently added to or reduced their stakes in the business. Moisand Fitzgerald Tamayo LLC purchased a new stake in shares of Qnity Electronics during the 4th quarter worth about $25,000. Dunhill Financial LLC purchased a new stake in shares of Qnity Electronics during the 4th quarter worth about $25,000. Annis Gardner Whiting Capital Advisors LLC boosted its stake in shares of Qnity Electronics by 71.8% during the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 213 shares of the premier technology solutions leader’s stock worth $25,000 after acquiring an additional 89 shares in the last quarter. Armstrong Advisory Group Inc. purchased a new stake in shares of Qnity Electronics during the 4th quarter worth about $26,000. Finally, Provenance Wealth Advisors LLC purchased a new stake in shares of Qnity Electronics during the 4th quarter worth about $27,000.

Qnity Electronics Stock Performance

Shares of Q stock opened at $169.15 on Wednesday. The business’s fifty day simple moving average is $148.57 and its 200-day simple moving average is $117.69. The company has a market cap of $35.41 billion and a PE ratio of 58.13. The company has a current ratio of 2.12, a quick ratio of 1.57 and a debt-to-equity ratio of 0.54. Qnity Electronics has a 12-month low of $70.50 and a 12-month high of $171.52.

Qnity Electronics (NYSE:QGet Free Report) last announced its quarterly earnings data on Tuesday, May 12th. The premier technology solutions leader reported $1.08 earnings per share for the quarter, beating analysts’ consensus estimates of $0.92 by $0.16. The company had revenue of $1.32 billion for the quarter. The business’s revenue for the quarter was up 17.6% compared to the same quarter last year. Qnity Electronics has set its FY 2026 guidance at 3.800-4.140 EPS. Analysts expect that Qnity Electronics will post 4.08 earnings per share for the current fiscal year.

Qnity Electronics Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Friday, May 29th were issued a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend was Friday, May 29th. Qnity Electronics’s dividend payout ratio is presently 11.00%.

Qnity Electronics Company Profile

(Get Free Report)

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

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Analyst Recommendations for Qnity Electronics (NYSE:Q)

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