Q2 Holdings Inc. (NYSE:QTWO) went down by -2.88% during the previous trading session, and it is maintaining the win ahead of Friday’s trading session. The share price of the Software – Application giant went up by $84.21 to trade ended Friday trading at $86.71. This is down from the $86.71 price recorded on Thursday’s trading session. Thanks to this latest performance, QTWO is closer to the higher price 52-week target of $116.00 and further from the lowest price target of $73.00. Its performance from the start of the year has also been positive, with QTWO up by 3.86% year-to-date.
Q2 Holdings Inc. (QTWO) started the day trading at $86.44 and recorded an intraday high of $87.27. It also recorded an intraday low of $83.75 during Friday’s trading session. Q2 Holdings Inc. is a very active stock that recorded a trading volume that is more than 41.14% of the average daily trading volume on Friday. The stock’s trading volume on Friday was 941235, which is more than 41.14 of the total average daily trading volume of 554.00K.
Q2 Holdings Inc. (NYSE:QTWO) 2020 Performance Impressive
The increase in QTWO’s stock price on Friday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of QTWO currently stands at $93.90, which is higher than the current trading price of the stock by 10.32%. However, QTWO’s current trading price is -78.52% lower than the 52-week low price of $47.17. In terms of trading volume, Q2 Holdings Inc. currently experienced healthy participation during the last trading session. 941235 shares of Q2 Holdings Inc. were traded on the stock exchange on Friday, which is more than 41.14% of the 554.00K average trading volume of the stock.
The performance of the stock has been positive over the past year. QTWO’s performance over the past one year has seen it surge by 10.27%, while the stock has gone up by 1.84% in the last six months. The quarterly performance of QTWO currently stands at 42.95%, and it is up by 1.75% in the last month. The only positive figure was from the weekly performance, which currently reads 4.56%. At the time of writing QTWO’s report, the company has a total market cap of $4.61B, making it one of the largest publicly-traded companies in the world.Q2 Holdings Inc. also has over 1574 employees all over the world.
QTWO Insider Activities
The insider transactions over the past six months are down by -18.30%.For Q2 Holdings Inc. insiders bought 814,277 shares in 42 transactions. In that same period, insiders sold 1,231,592 of their shares in 52 transactions. After these transactions, insiders at Q2 Holdings Inc. now hold 2.39M shares, which is over 112.71% of the total company stocks. Institutional investors currently hold a large chunk of the QTWO shares, as they control 4.88% of the company’s total stock.
QTWO Fundamental Analysis
For Q2 Holdings Inc., the stock’s diluted earnings per share (EPS) stands at -1.80. In the coming year, analysts expect the EPS to be 0.26. The EPS growth will up over the next five years to 20.00% after plunging by -18.00% in the previous five years. In terms of revenue, Q2 Holdings Inc.’s quarterly sales (YOY) is shrinking at -0.03, which is higher than the average annual revenue of -18.00% over the past half a decade.
The Return on Investment (ROI) on Q2 Holdings Inc.’s stock currently stands at -6.70%, and it has a net profit margin of -25.50%. The operating margin of the company is -22.80%, and its gross margin is 47.00%.
QTWO Analysts Prediction
The Robert W. Baird has a Outperform rating for Q2 Holdings Inc., predicting the stock price to stay between $74 and $93.
Citigroup and Compass Point also believe that Q2 Holdings Inc.’s stock is outperforming at the moment.
At the moment, Q2 Holdings Inc.’s Total Debt to Equity ratio stands at 1.19, and they have a long-term Debt to Equity ratio of 1.19.
QTWO Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of QTWO currently stands at 2.31%, while the SMA50 is 5.98%. The biggest one is the SMA200, which is currently reading 9.09% ahead of Friday’s trading session. The Relative Strength Index of this stock is 54.73.
