With its next earnings report set for around Aug. 8, Qualys stock is trading about 15% below a 150.20 buy point. The entry is based on a first-stage consolidation.
Understand that buying a stock just ahead of earnings can be risky since you typically don't have enough time to establish a profit cushion before the latest quarterly numbers come out. Be sure to follow sound buy and sell rules to minimize your exposure.
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In terms of top and bottom line numbers, the company has posted three quarters of accelerating earnings growth. Revenue gains have also risen over the same time frame.
Analysts are looking for earnings-per-share growth of 0% for the quarter, and -2% growth for the full year.
Qualys stock has a 99 Composite Rating and holds the No. 1 rank among its peers in the Computer Software-Security industry group. Fortinet and Palo Alto Networks are also among the group's highest-rated stocks.
Note: Dates for earnings reports are subject to change. Check the company's website for any updates.
