Q2 Holdings Inc [QTWO] stock is trading at $65.53, up 7.99%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The QTWO shares have gain 6.52% over the last week, with a monthly amount glided 7.37%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Q2 Holdings Inc [NYSE: QTWO] stock has seen the most recent analyst activity on December 13, 2023, when Piper Sandler upgraded its rating to a Neutral and also boosted its price target to $41 from $30. Previously, Stephens upgraded its rating to Overweight on December 07, 2023, and elevated its price target to $46. On August 07, 2023, upgrade upgraded it’s rating to Buy and revised its price target to $40 on the stock. Robert W. Baird upgraded its rating to a Outperform and increased its price target to $39 on July 24, 2023. Goldman initiated its recommendation with a Buy and recommended $38 as its price target on July 12, 2023. BTIG Research upgraded its rating to Buy for this stock on May 31, 2023, but kept the price target unchanged to $36. In a note dated March 15, 2023, Canaccord Genuity downgraded an Hold rating on this stock and revised its target price from $60 to $25.
Q2 Holdings Inc [QTWO] stock has fluctuated between $28.91 and $64.17 over the past year. Currently, Wall Street analysts expect the stock to reach $61.17 within the next 12 months. Q2 Holdings Inc [NYSE: QTWO] shares were valued at $65.53 at the most recent close of the market. An investor can expect a potential drop of -6.65% based on the average QTWO price forecast.
Analyzing the QTWO fundamentals
Q2 Holdings Inc [NYSE:QTWO] reported sales of 637.12M for the trailing twelve months, which represents a growth of 8.17%. Gross Profit Margin for this corporation currently stands at 0.48% with Operating Profit Margin at -0.12%, Pretax Profit Margin comes in at -0.12%, and Net Profit Margin reading is -0.12%. To continue investigating profitability, this company’s Return on Assets is posted at -0.06, Equity is -0.18 and Total Capital is -0.08. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.08.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 63.24 points at the first support level, and at 60.94 for the second support level. However, for the 1st resistance point, the stock is sitting at 66.84, and for the 2nd resistance point, it is at 68.14.
Ratios To Look Out For
For context, Q2 Holdings Inc’s Current Ratio is 2.19. Further, the Quick Ratio stands at 2.19, while the Cash Ratio is 1.45. Considering the valuation of this stock, the price to sales ratio is 6.18, the price to book ratio is 8.47.
Transactions by insiders
Recent insider trading involved Rutledge Kimberly Anne, Chief People Officer, that happened on Jul 11 ’24 when 1953.0 shares were sold. EVP, Strategy & Emerging Bus., Price Jonathan completed a deal on Jun 27 ’24 to sell 11000.0 shares. Meanwhile, Director Diehl Jeffrey T sold 28194.0 shares on Jun 12 ’24.
