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Bull Of the Day: Qualys (QLYS)

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Qualys (QLYS - Free Report) is coming off a solid earnings report and has become a Zacks Rank #1 (Strong Buy).Today this stock is the Bull of the Day. Let's take a look at the recent quarter and why I selected this stock as the Bull of the Day.

Description

Qualys, Inc. is a provider of cloud security and compliance solutions that enable organizations to identify security risks to their information technology infrastructures help protect their IT systems and applications from cyber-attacks. The Company's solutions are provided through its QualysGuard Cloud Platform. It offers products for vulnerability management, policy compliance, web application scanning, malware detection, and associated security products. Qualys, Inc. is headquartered in Redwood City, California.

Recent Quarter

The company posted earnings of $0.57 when the Zacks Consensus Estimate was looking for $0.28.  That was a beat of $0.29 or 103% ahead of the estimate.

The company also guided analysts higher, which has sent earnings estimate revision moving to the upside.

Estimate Revisions

The Zacks Consensus Estimate for 2018 was $1.17 two months ago, but it is now $1.26.  The really big move was seen in the 2019 Zacks Consensus Estimate which moved from $1.34 to $1.60 over the same time period.

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Qualys, Inc. Price and Consensus

Qualys, Inc. Price and Consensus | Qualys, Inc. Quote

 

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