(QLYS) Qualys - Ratings and Ratios

Qualys Inc (NASDAQ:QLYS) is a leading provider of cloud-based IT security and compliance solutions, offering a comprehensive suite of applications that enable organizations to manage and mitigate cyber risk. The companys Qualys Cloud Apps portfolio includes a range of modules such as Cybersecurity Asset Management, Vulnerability Management, and Cloud Security Posture Management, which provide customers with a unified view of their IT assets and help identify potential vulnerabilities.

Qualys Enterprise TruRisk Platform is a key differentiator, allowing customers to collect and analyze IT security data, prioritize vulnerabilities, and implement remediation actions. The platforms capabilities, including asset tagging and management, reporting and dashboards, and big data correlation and analytics, enable clients to detect vulnerabilities and measure cyber risk. With a diverse customer base spanning various industries, including education, financial services, and healthcare, Qualys has established itself as a trusted provider of IT security and compliance solutions.

From a technical analysis perspective, QLYS has demonstrated a strong upward trend, with its 20-day SMA at $137.42 and 50-day SMA at $129.74, indicating a bullish signal. The stocks ATR of 3.43 (2.42%) suggests moderate volatility. With a current price of $141.86, QLYS is trading near its 52-week high of $159.23. Using technical indicators and fundamental data, a forecast for QLYS suggests potential for further growth, driven by the increasing demand for cloud-based IT security and compliance solutions.

Fundamentally, Qualys market capitalization stands at $5.03B, with a P/E ratio of 28.33 and a forward P/E of 23.26, indicating a relatively high valuation. However, the companys RoE of 39.19% suggests strong profitability. As the demand for IT security and compliance solutions continues to grow, Qualys is well-positioned to capitalize on this trend, driven by its comprehensive suite of cloud-based applications and its established customer base. Based on the technical and fundamental data, a forecast for QLYS could be a potential target price of $170-$180, representing a 15-20% upside from current levels.