Q2 (NYSE:QTWO) Posts Quarterly Earnings Results

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

Q2 Stock Up 0.5 %

QTWO traded up $0.47 on Wednesday, hitting $92.06. The company had a trading volume of 994,197 shares, compared to its average volume of 627,250. The stock has a fifty day simple moving average of $99.35 and a 200-day simple moving average of $88.05. The company has a debt-to-equity ratio of 0.99, a current ratio of 2.50 and a quick ratio of 2.50. The firm has a market capitalization of $5.56 billion, a P/E ratio of -95.89 and a beta of 1.61. Q2 has a 52-week low of $41.23 and a 52-week high of $112.82.

Analyst Ratings Changes

Several analysts have weighed in on QTWO shares. DA Davidson boosted their price target on shares of Q2 from $76.00 to $86.00 and gave the stock a “neutral” rating in a research note on Monday, November 11th. Stifel Nicolaus boosted their price objective on Q2 from $100.00 to $115.00 and gave the company a “buy” rating in a research report on Wednesday, December 18th. KeyCorp upgraded shares of Q2 from a “sector weight” rating to an “overweight” rating and set a $126.00 target price on the stock in a report on Wednesday, December 18th. Truist Financial reiterated a “buy” rating and set a $100.00 price target (up from $78.00) on shares of Q2 in a report on Thursday, November 7th. Finally, Needham & Company LLC increased their price target on shares of Q2 from $90.00 to $120.00 and gave the company a “buy” rating in a research report on Thursday, November 7th. Seven analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $98.07.

Insiders Place Their Bets

In related 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 completion of the transaction, the president now directly owns 337,643 shares in the company, valued at $35,931,968.06. This trade represents a 3.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CRO Michael A. Volanoski sold 5,123 shares of Q2 stock in a transaction dated Thursday, December 12th. The shares were sold at an average price of $106.12, for a total transaction of $543,652.76. Following the transaction, the executive now directly owns 218,371 shares of the company’s stock, valued at approximately $23,173,530.52. This trade represents a 2.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 28,836 shares of company stock worth $3,061,035. Company insiders own 3.00% of the company’s stock.

Q2 Company Profile

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.