Q2 (NYSE:QTWO – Get Free Report) announced its quarterly earnings data on Wednesday. The technology company reported $0.18 EPS for the quarter, missing the consensus estimate of $0.48 by ($0.30), Zacks reports. Q2 had a negative net margin of 8.40% and a negative return on equity of 2.30%. Q2 updated its FY 2025 guidance to EPS and its Q1 2025 guidance to EPS.
Q2 Stock Performance
NYSE QTWO opened at $90.40 on Friday. The company has a current ratio of 2.50, a quick ratio of 2.50 and a debt-to-equity ratio of 0.99. The company has a fifty day simple moving average of $98.99 and a 200 day simple moving average of $88.08. Q2 has a 12-month low of $41.23 and a 12-month high of $112.82. The company has a market cap of $5.46 billion, a P/E ratio of -94.17 and a beta of 1.61.
Analyst Upgrades and Downgrades
QTWO has been the subject of several research reports. Stifel Nicolaus increased their target price on Q2 from $115.00 to $125.00 and gave the company a “buy” rating in a research report on Thursday. Compass Point upped their price target on Q2 from $91.00 to $107.00 and gave the company a “buy” rating in a research report on Thursday, November 7th. Robert W. Baird restated a “neutral” rating and set a $99.00 price objective (up from $89.00) on shares of Q2 in a research report on Friday, January 10th. Stephens reiterated an “overweight” rating and issued a $115.00 target price on shares of Q2 in a report on Thursday. Finally, Morgan Stanley boosted their price target on shares of Q2 from $65.00 to $90.00 and gave the stock an “equal weight” rating in a research report on Thursday, November 7th. Seven equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat, Q2 presently has an average rating of “Moderate Buy” and a consensus target price of $102.13.
Insider Buying and Selling at Q2
In other Q2 news, President Kirk L. Coleman sold 8,559 shares of Q2 stock in a transaction dated Tuesday, December 10th. The stock was sold at an average price of $106.00, for a total transaction of $907,254.00. Following the completion of the transaction, the president now owns 340,903 shares in the company, valued at approximately $36,135,718. The trade was a 2.45 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CRO Michael A. Volanoski sold 5,123 shares of the business’s stock in a transaction that occurred on Thursday, December 12th. The stock was sold at an average price of $106.12, for a total value of $543,652.76. Following the sale, the executive now directly owns 218,371 shares of the company’s stock, valued at $23,173,530.52. This represents a 2.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 28,836 shares of company stock valued at $3,061,035. Corporate insiders own 3.00% of the company’s stock.
Q2 Company Profile
Q2 Holdings, Inc provides cloud-based digital solutions to regional and community financial institutions in the United States. The company offers Digital Banking Platform, an end-to-end digital banking platform supports its financial institution customers in their delivery of unified digital banking services across digital channels.
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