Currently, there are 60.40M common shares owned by the public and among those 57.79M shares have been available to trade.
The company’s stock has a 5-day price change of -2.94% and 29.32% over the past three months. QTWO shares are trading 131.86% year to date (YTD), with the 12-month market performance up to 131.86% higher. It has a 12-month low price of $39.66 and touched a high of $112.82 over the same period. QTWO has an average intraday trading volume of 637.13K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -4.49%, 1.55%, and 37.16% respectively.
Institutional ownership of Q2 Holdings Inc (NYSE: QTWO) shares accounts for 104.87% of the company’s 60.40M shares outstanding.
It has a market capitalization of $6.08B and a beta (3y monthly) value of 1.62. The earnings-per-share (ttm) stands at -$0.95. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.31% over the week and 3.24% over the month.
Earnings per share for the fiscal year are expected to increase by 86.39%, and 29.12% over the next financial year. EPS should grow at an annualized rate of 34.40% over the next five years, compared to -6.26% over the past 5-year period.
Looking at the support for the QTWO, a number of firms have released research notes about the stock. KeyBanc Capital Markets stated their Overweight rating for the stock in a research note on December 18, 2024, with the firm’s price target at $126. Citigroup coverage for the Q2 Holdings Inc (QTWO) stock in a research note released on October 18, 2024 offered a Neutral rating with a price target of $90. Compass Point was of a view on September 04, 2024 that the stock is Buy, while DA Davidson gave the stock Neutral rating on July 24, 2024, issuing a price target of $65- $76. Piper Sandler on their part issued Neutral rating on December 13, 2023.
