A Closer Look at 6 Analyst Recommendations For Qualys
Portfolio Pulse from Benzinga Insights
Six analysts have recently updated their ratings on Qualys (NASDAQ:QLYS), showing a mix of sentiments with one somewhat bullish, four indifferent, and one somewhat bearish rating. The average 12-month price target is now $179.5, down from $183.25, with individual targets ranging from $152.00 to $210.00. Qualys, a cloud security and compliance solutions provider, has shown impressive financial performance with a revenue growth rate of 10.49%, a net margin of 28.08%, and an ROE of 11.75%. Despite this, its market capitalization is below industry benchmarks, and its revenue growth lags behind its peers in the Information Technology sector.
March 26, 2024 | 12:01 pm
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NEUTRAL IMPACT
Qualys has received mixed analyst ratings with a revised average 12-month price target of $179.5. The company's strong financial performance contrasts with its market positioning and revenue growth compared to peers.
The mixed analyst ratings and slight decrease in the average price target suggest a neutral short-term impact on QLYS's stock price. The company's strong financial metrics indicate a solid foundation, but its market cap and revenue growth lagging behind sector peers could temper investor enthusiasm.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100