Q2 (NYSE:QTWO) Announces Earnings Results

Q2 (NYSE:QTWO) released its earnings results on Wednesday. The technology company reported $0.18 earnings per share for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.30), Zacks reports. Q2 had a negative return on equity of 2.30% and a negative net margin of 8.40%. Q2 updated its FY 2025 guidance to EPS and its Q1 2025 guidance to EPS.

Q2 Stock Up 3.9 %

NYSE QTWO traded up $3.61 during trading hours on Thursday, hitting $95.63. 419,662 shares of the company traded hands, compared to its average volume of 617,474. Q2 has a twelve month low of $41.23 and a twelve month high of $112.82. The company has a debt-to-equity ratio of 0.99, a quick ratio of 2.50 and a current ratio of 2.50. The business’s 50-day moving average is $99.35 and its 200-day moving average is $88.05. The stock has a market capitalization of $5.78 billion, a price-to-earnings ratio of -100.56 and a beta of 1.61.

Insider Buying and Selling

In other news, President Kirk L. Coleman sold 10,428 shares of the stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of $106.42, for a total value of $1,109,747.76. Following the transaction, the president now directly owns 337,643 shares of the company’s stock, valued at $35,931,968.06. This represents a 3.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director James Offerdahl sold 548 shares of Q2 stock in a transaction dated Friday, November 22nd. The stock was sold at an average price of $104.95, for a total transaction of $57,512.60. Following the sale, the director now directly owns 18,241 shares of the company’s stock, valued at $1,914,392.95. The trade was a 2.92 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 28,836 shares of company stock worth $3,061,035. Insiders own 3.00% of the company’s stock.

Analyst Ratings Changes

A number of analysts have commented on the stock. Stephens lifted their target price on shares of Q2 from $75.00 to $100.00 and gave the stock an “overweight” rating in a report on Thursday, November 7th. Morgan Stanley upped their price objective on Q2 from $65.00 to $90.00 and gave the company an “equal weight” rating in a report on Thursday, November 7th. Robert W. Baird restated a “neutral” rating and set a $99.00 target price (up previously from $89.00) on shares of Q2 in a report on Friday, January 10th. Compass Point upped their price target on Q2 from $91.00 to $107.00 and gave the company a “buy” rating in a research note on Thursday, November 7th. Finally, Needham & Company LLC increased their target price on shares of Q2 from $120.00 to $125.00 and gave the stock a “buy” rating in a report on Thursday. Seven research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $99.73.

About Q2

Q2 Holdings, Inc provides cloud-based digital solutions to regional and community financial institutions in the United States. The company offers Digital Banking Platform, an end-to-end digital banking platform supports its financial institution customers in their delivery of unified digital banking services across digital channels.