Media coverage about Q2 (NYSE:QTWO) has trended somewhat positive recently, Accern reports. Accern identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Q2 earned a news sentiment score of 0.09 on Accern’s scale. Accern also assigned media coverage about the technology company an impact score of 46.3311551998569 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
These are some of the headlines that may have effected Accern’s scoring:
- Q2 Holdings, Inc. Announces Investor Conference Call to Review First Quarter 2018 Financial Results (finance.yahoo.com)
- Q2 Holdings Reaches Analyst Target Price (nasdaq.com)
- Q2 and StoneCastle Announce Partnership (finance.yahoo.com)
- Q2 Holdings (QTWO) Receives Consensus Rating of “Buy” from Brokerages (americanbankingnews.com)
A number of brokerages have recently weighed in on QTWO. Morgan Stanley boosted their target price on Q2 from $44.00 to $47.00 and gave the stock an “equal weight” rating in a research note on Friday, February 16th. ValuEngine upgraded Q2 from a “hold” rating to a “buy” rating in a research note on Monday, April 2nd. Zacks Investment Research downgraded Q2 from a “hold” rating to a “sell” rating in a research note on Thursday, February 22nd. Wells Fargo began coverage on Q2 in a research note on Thursday, February 8th. They issued an “outperform” rating and a $50.00 target price on the stock. Finally, Needham & Company LLC boosted their target price on Q2 from $48.00 to $50.00 and gave the stock a “buy” rating in a research note on Friday, February 16th. One analyst has rated the stock with a sell rating, five have issued a hold rating and nine have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $46.58.
Q2 (NYSE:QTWO) last posted its quarterly earnings data on Wednesday, February 14th. The technology company reported $0.05 EPS for the quarter, beating the consensus estimate of $0.01 by $0.04. Q2 had a negative return on equity of 19.34% and a negative net margin of 13.49%. The business had revenue of $51.70 million for the quarter, compared to the consensus estimate of $51.70 million. During the same quarter in the prior year, the business earned ($0.03) earnings per share. Q2’s revenue for the quarter was up 22.5% on a year-over-year basis. equities analysts expect that Q2 will post -0.44 EPS for the current year.
In other Q2 news, EVP John E. Breeden sold 10,000 shares of the business’s stock in a transaction on Wednesday, January 24th. The shares were sold at an average price of $39.04, for a total transaction of $390,400.00. Following the sale, the executive vice president now owns 50,408 shares of the company’s stock, valued at approximately $1,967,928.32. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Barry G. Benton sold 1,425 shares of the business’s stock in a transaction on Wednesday, January 31st. The shares were sold at an average price of $42.00, for a total transaction of $59,850.00. Following the sale, the senior vice president now directly owns 21,356 shares in the company, valued at approximately $896,952. The disclosure for this sale can be found here. In the last quarter, insiders sold 355,963 shares of company stock worth $15,862,722. 24.50% of the stock is owned by company insiders.
ILLEGAL ACTIVITY WARNING: This piece was reported by Week Herald and is owned by of Week Herald. If you are reading this piece on another publication, it was stolen and republished in violation of US & international trademark & copyright laws. The correct version of this piece can be viewed at https://weekherald.com/2018/04/20/q2-qtwo-receiving-somewhat-positive-media-coverage-accern-reports.html.
Q2 Company Profile
Q2 Holdings, Inc provides cloud-based digital banking solutions to regional and community financial institutions (RCFIs) in the United States. It offers Q2online, a browser-based digital banking solution that delivers RCFI-branded digital banking capabilities; Q2 Sentinel, a security analytics solution; Q2 Corporate to support RCFIs to attract and retain larger commercial accounts; and Q2 SMART, a targeting and messaging platform.
Receive News & Ratings for Q2 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Q2 and related companies with MarketBeat.com's FREE daily email newsletter.