Somewhat Positive News Coverage Somewhat Unlikely to Impact Q2 (QTWO) Stock Price

Media stories about Q2 (NYSE:QTWO) have been trending somewhat positive on Saturday, according to Accern Sentiment Analysis. Accern identifies negative and positive press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Q2 earned a media sentiment score of 0.19 on Accern’s scale. Accern also assigned news stories about the technology company an impact score of 47.1701600339609 out of 100, meaning that recent press 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 stories that may have impacted Accern Sentiment’s rankings:

Shares of Q2 (QTWO) opened at $46.05 on Friday. Q2 has a fifty-two week low of $31.95 and a fifty-two week high of $46.40. The firm has a market cap of $1,891.27, a PE ratio of -73.10 and a beta of 1.59.

Q2 (NYSE:QTWO) last posted its earnings results on Wednesday, February 14th. The technology company reported $0.05 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.01 by $0.04. Q2 had a negative net margin of 13.49% and a negative return on equity of 19.34%. The business had revenue of $51.70 million for the quarter, compared to analyst estimates of $51.70 million. During the same quarter in the prior year, the firm earned ($0.03) EPS. The firm’s quarterly revenue was up 22.5% compared to the same quarter last year. equities analysts predict that Q2 will post -0.43 earnings per share for the current year.

Several equities research analysts have issued reports on the stock. Zacks Investment Research lowered shares of Q2 from a “hold” rating to a “sell” rating in a report on Thursday. Morgan Stanley boosted their price target on shares of Q2 from $44.00 to $47.00 and gave the company an “equal weight” rating in a report on Friday, February 16th. Needham & Company LLC boosted their price target on shares of Q2 from $48.00 to $50.00 and gave the company a “buy” rating in a report on Friday, February 16th. Stifel Nicolaus reissued a “buy” rating and issued a $50.00 price target on shares of Q2 in a report on Friday, February 16th. Finally, Wells Fargo & Co began coverage on shares of Q2 in a report on Thursday, February 8th. They issued an “outperform” rating and a $50.00 target price on the stock. One research analyst has rated the stock with a sell rating, six have given a hold rating and eight have given a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $46.58.

In related news, insider Adam D. Blue sold 30,000 shares of the company’s stock in a transaction dated Friday, December 1st. The shares were sold at an average price of $40.82, for a total transaction of $1,224,600.00. Following the transaction, 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 can be accessed through this link. Also, CFO Jennifer Noel Harris sold 10,000 shares of the company’s stock in a transaction dated Friday, December 1st. The stock was sold at an average price of $40.49, for a total transaction of $404,900.00. Following the transaction, the chief financial officer now owns 74,575 shares in the company, valued at approximately $3,019,541.75. The disclosure for this sale can be found here. In the last quarter, insiders have sold 228,724 shares of company stock worth $9,462,086. 24.50% of the stock is 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.

Insider Buying and Selling by Quarter for Q2 (NYSE:QTWO)

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