Let’s take a quick look at where covering equity analysts see Qualys, Inc. (NASDAQ:QLYS) going in the future. Analysts polled have a current consensus target on company stock of $45.42.
Investors are usually scouring the markets for that next great stock pick. Locating that special winner to jumpstart the portfolio may involve lots of diligent hard work. Filing through the massive amounts of data regarding public companies can be an overwhelming task. Many successful investors will approach the equity markets from various sides. This may include keeping a close eye on the fundamentals as well as the technical data. This may also include following sell-side analyst opinions and tracking what the big money institutions are buying or selling.
Sell-side analysts are able to use multiple metrics in order to help calculate target price estimates. A widely used metric is a company’s preice to earnings ratio. This calculation is derived from dividing the current share price by the projected earnings per share. Qualys, Inc. currently has a P/E Ratio of 45.25. Investors might also evaluate a company’s PEG or price to earnings growth ratio. The PEG ratio represents the ratio of the price to earnings to the anticipated future growth rate of the company. Currently, the company has a PEG Ratio of 3.07 .
Looking at stock performance, company shares have recently traded $4.96 away from the 50-day moving average of $41.29 and $7.70 away from the 200-day moving average of $38.55 . The stock has been recently noted -1.39% off of the 52-week high of 46.90 and +54.17% off of the 52-week low of 30.00. Monitoring the stock price relative to moving averages and highs and lows for the year may help evaluate the value of the stock in the future.