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Qualys Stock Earns IBD Rating Upgrade Amid Continued Double-Digit Sales Growth

Amid a steady drumbeat of cyberattacks, cybersecurity is top of mind for businesses and anybody getting on line. Qualys (QLYS) is among companies that provide products to protect companies and individuals. On Tuesday, Qualys stock’s Relative Strength (RS) Rating climbed from 70 to 73.

The 73 RS Rating means Qualys stock is outperforming 73% of all stocks, regardless of industry group, in terms of price performance. The market’s biggest winners often have an 80 or higher RS Rating in the early stages of their moves. See if Qualys can continue to rebound and hit that benchmark.

Big Investors Buying Qualys Stock

Bullishly, Qualys has an 84 EPS Rating, putting it in the top 16% of stocks on recent and long-term profit growth. Additionally, Qualys stock has a strong 93 Composite Rating.

And the small-cap stock’s B+ Accumulation/Distribution Rating, on an A+ to E scale with A+ best, shows moderate buying by institutional investors.

Qualys stock is recovering from a steep two-day drop in February after earnings results that rose year over year but disappointed the Street.

For its most recent quarter, on Aug. 9, Foster City, Calif.-based Qualys reported mild 7% earnings growth in its fiscal Q2. The prior three quarters, EPS grew 18%, 15% and 14%. Sales last quarter grew 12% to $99.7 million, its fourth straight quarter of double-digit sales growth.

In an Aug. 9 earnings news release, CEO Sumedh Thakar said the company saw “strong customer interest and adoption of our Vulnerability Management, Detection and Response application in the quarter.” Paid cloud agent subscriptions grew 51% year over year to 64 million deployed, he says.


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Qualys stock earns the No. 8 rank among its peers in the Computer Software-Security industry group. Zscaler (ZS) and CrowdStrike Holdings (CRWD) are also among the group’s highest-rated stocks.

When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.

This exclusive rating from Investor’s Business Daily measures share price movement with a 1 (worst) to 99 (best) score. The rating shows how a stock’s price movement over the last 52 weeks compares to all the other stocks in our database.

While Qualys stock is not near an ideal entry right now, see if it is able to form and break out from a proper consolidation, such as a three-weeks-tight pattern or a rebound off its 50-day or 10-week line.

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