News articles about Q2 (NYSE:QTWO) have been trending somewhat positive on Wednesday, according to Accern Sentiment Analysis. Accern rates the sentiment of media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Q2 earned a media sentiment score of 0.10 on Accern’s scale. Accern also gave news articles about the technology company an impact score of 44.1454383401493 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the news articles that may have impacted Accern Sentiment’s analysis:
- Insider Selling: Q2 Holdings, Inc. (QTWO) CFO Sells 10,000 Shares of Stock (americanbankingnews.com)
- Q2 Holdings, Inc. (QTWO) Insider Sells $1,224,600.00 in Stock (americanbankingnews.com)
- Barnes & Noble, Inc. Stock Plunges on Q2 Earnings Miss (investorplace.com)
- Q2 Holdings, Inc. breached its 50 day moving average in a Bearish Manner : QTWO-US : November 30, 2017 (finance.yahoo.com)
Several research analysts have weighed in on the company. KeyCorp reaffirmed a “hold” rating on shares of Q2 in a research report on Wednesday, September 13th. BidaskClub raised Q2 from a “hold” rating to a “buy” rating in a research report on Tuesday, October 3rd. Zacks Investment Research lowered Q2 from a “hold” rating to a “sell” rating in a research report on Wednesday, October 4th. BTIG Research reaffirmed a “buy” rating and issued a $47.00 target price on shares of Q2 in a research report on Sunday, November 5th. Finally, SunTrust Banks reaffirmed a “buy” rating on shares of Q2 in a research report on Friday, November 3rd. Six equities research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Q2 currently has a consensus rating of “Buy” and a consensus target price of $44.90.
Q2 (NYSE:QTWO) last released its quarterly earnings results on Wednesday, November 1st. The technology company reported $0.03 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.02) by $0.05. The company had revenue of $50.10 million during the quarter, compared to the consensus estimate of $50.05 million. Q2 had a negative return on equity of 20.50% and a negative net margin of 15.27%. The firm’s revenue was up 30.8% on a year-over-year basis. During the same quarter in the prior year, the company posted ($0.24) EPS. sell-side analysts anticipate that Q2 will post -0.48 EPS for the current fiscal year.
In related news, insider Adam D. Blue sold 30,000 shares of the stock in a transaction that occurred on Friday, December 1st. The stock was sold at an average price of $40.82, for a total transaction of $1,224,600.00. Following the completion of the sale, the insider now owns 50,805 shares in the company, valued at approximately $2,073,860.10. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director R. H. Seale sold 45,000 shares of the stock in a transaction that occurred on Monday, October 2nd. The shares were sold at an average price of $41.95, for a total value of $1,887,750.00. Following the sale, the director now owns 383,828 shares of the company’s stock, valued at approximately $16,101,584.60. The disclosure for this sale can be found here. In the last quarter, insiders have sold 1,001,575 shares of company stock valued at $41,541,893. 24.50% of the stock is currently owned by corporate insiders.
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Q2 Company Profile
Q2 Holdings, Inc is a provider of cloud-based digital banking solutions. The Company enables regional and community financial institutions (RCFIs), to deliver a suite of integrated digital banking services. The Company’s solutions all operate on a common platform that supports the delivery of unified digital banking services across online, mobile and voice channels.
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