Alert: New Earnings Report (8/6/24)-Qualys Inc (NASDAQ: QLYS).

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Qualys Inc (NASDAQ: QLYS) has reported earnings for its second fiscal quarter (ending June 30) of $1.19 versus $0.96 for the same period a year ago — an increase of 24%. However, this result fell short of the consensus estimate of $1.32 by $-0.13. For the latest four quarters through June 30, E.P.S. were $4.63 versus $3.22 for the same period a year ago — an increase of 44%.

Recent Price Action

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Qualys Inc (NASDAQ: QLYS) stock enjoyed a large increase of 3.1% on 8/6/24. The stock closed at $137.10. Moreover, unusually high trading volume at 189% of normal accompanied the advance. The stock has declined -5.8% during the last week and has been extremely weak relative to the market over the last nine months.

Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be above the cost of capital, QLYS is expected to continue to be a major Value Builder.

Qualys has a current Value Trend Rating of F (Lowest Rating). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Qualys has a poor Power Rating of 21 and a poor Appreciation Score of 20, resulting in the Lowest Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.

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