Stocks of Q2 Holdings Inc (QTWO) are poised to climb above their peers

With 0.76 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.7 million shares. During the session, the Software – Application company that operates in wider Technology sector, reached to the highest price of $62.65 whereas the lowest price it dropped to was $61.65. The 52-week range on QTWO shows that it touched its highest point at $63.50 and its lowest point at $24.46 during that stretch. It currently has a 1-year price target of $60.08. Beta for the stock currently stands at 1.53.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of QTWO was down-trending over the past week, with a drop of -0.69%, but this was up by 22.50% over a month. Three-month performance surged to 41.22% while six-month performance rose 84.59%. The stock gained 140.15% in the past year, while it has gained 42.62% so far this year. A look at the trailing 12-month EPS for QTWO yields -1.34 with Next year EPS estimates of 1.78. For the next quarter, that number is 0.31. This implies an EPS growth rate of 57.07% for this year and 30.66% for next year. EPS is expected to grow by 34.40% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -6.26%.

Float and Shares Shorts:

At present, 59.03 million QTWO shares are outstanding with a float of 56.75 million shares on hand for trading. On 2024-04-30, short shares totaled 3.24 million, which was 540.0 higher than short shares on 1711584000. In addition to Mr. Robert H. Seale III as the firm’s Founder & Executive Chairman, Mr. Matthew P. Flake serves as its CEO & Director.

Institutional Ownership:

Through their ownership of 1.05336 of QTWO’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-03-31, QTWO reported revenue of $165508000.0 and operating income of -$13059000.0. The EBITDA in the recently reported quarter was $7653000.0 and diluted EPS was -$0.23.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for QTWO since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.