4 Analysts Have This To Say About Qualys
Portfolio Pulse from Benzinga Insights
Four analysts have updated their ratings and price targets on Qualys (NASDAQ:QLYS), with a mix of 'Hold' and 'Underweight' ratings. The average 12-month price target is now $149.75, up 15.64% from the previous $129.50. Qualys is a cloud security provider with a strong financial performance, including a 13.09% revenue growth, high net margin of 32.76%, and ROE of 15.51%. The company's debt-to-equity ratio is low at 0.1, indicating less reliance on debt financing.
January 16, 2024 | 9:00 pm
News sentiment analysis
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POSITIVE IMPACT
Analysts have a mixed outlook on Qualys with updated price targets, indicating a potential upside based on the average target of $149.75. The company's strong financial metrics may support positive investor sentiment.
The increase in the average price target suggests analysts see potential growth, despite mixed ratings. The company's solid financial performance, including revenue growth and high profitability margins, supports a positive short-term impact on the stock price. However, the presence of 'Underweight' ratings indicates some caution, hence the score is not at the maximum.
CONFIDENCE 80
IMPORTANCE 85
RELEVANCE 100