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Sunday, December 3, 2023

Are Things Looking Up For Q2 Holdings Inc (NYSE: QTWO)?

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Q2 Holdings Inc (QTWO) shows that investor sentiment remained same, with the stock’s consolidated last price to $35.85. The Q2 Holdings Inc has recorded 19,425 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted Q2 Recognized as a Top Workplace by Austin American-Statesman.

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Stocks Info

The company is listed on the NYSE and operates within the Software – Application industry segment. At the end of the last regular session, the stock closed at $35.85 and fluctuated between $35.86 as its day high and $34.47 as its day low. The current market capitalization of Q2 Holdings Inc is $2.10B. A total of 0.53 million shares were traded on the day, compared to an average of 494.59K shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, QTWO has seen 0 BUY and 4 SELL insider trades, representing the acquisition of 0 and the disposition of 23,993 shares. Over the last 12 months, there were 37 BUYs and 22 SELLs from insiders. Insiders purchased 1,101,582 shares during that period but sold 255,621.

In the most recent transaction, Seale R. H. sold 22,300 shares of QTWO for 32.13 per share on Oct 13. After the transaction, the Director now owns 404,054 company shares. In a previous transaction on Sep 15, Seale R. H. sold 22,300 shares at 32.59 per share. QTWO shares that Director owns now total 426,354.

Among the insiders who sold shares, Offerdahl James disposed of 493 shares on Sep 13 at a per-share price of $33.50. This resulted in the Director holding 19,789 shares of QTWO after the transaction. In another insider transaction, Kerr Michael S sold 635 shares at $33.34 per share on Sep 11. Company shares held by the General Counsel now total 42,619.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for QTWO in the last 3 months, the mean price target is $38.50 with high estimates of $42.00 and low estimates of $30.00. In terms of 52-week highs and lows, QTWO has a high of $36.51 and a low of $18.91.

As of this writing, QTWO has an earnings estimate of $0.25 per share for the current quarter. EPS was calculated based on a consensus of 10 estimates, with a high estimate of $0.28 per share and a lower estimate of $0.19. The company reported an EPS of $0.19 in the last quarter, which was 46.20% higher than expectations of $0.13.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. QTWO’s latest balance sheet shows that the firm has $427.73M in Cash & Short Term Investments as of fiscal 2021. There were $621.97M in debt and $168.36M in liabilities at the time. Its Book Value Per Share was $7.52, while its Total Shareholder’s Equity was $570.30M.

Analysts Opinion

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for QTWO is Buy with a score of 4.13.

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