Q2 (QTWO) Set to Announce Quarterly Earnings on Tuesday
Q2 (NYSE:QTWO) is scheduled to announce its earnings results after the market closes on Tuesday, February 13th. Analysts expect the company to announce earnings of $0.01 per share for the quarter.
Q2 (QTWO) opened at $41.80 on Friday. Q2 has a 1-year low of $31.30 and a 1-year high of $44.35. The company has a market cap of $1,740.00, a PE ratio of -60.58 and a beta of 1.59.
A number of research analysts recently commented on QTWO shares. BidaskClub raised shares of Q2 from a “hold” rating to a “buy” rating in a report on Sunday, October 15th. BTIG Research reissued a “buy” rating and issued a $47.00 price objective on shares of Q2 in a research report on Sunday, November 5th. SunTrust Banks reissued a “buy” rating on shares of Q2 in a research report on Friday, November 3rd. Needham & Company LLC reissued a “buy” rating and issued a $48.00 price objective on shares of Q2 in a research report on Friday, November 3rd. Finally, Morgan Stanley increased their price objective on shares of Q2 from $40.00 to $44.00 and gave the stock an “equal weight” rating in a research report on Friday, November 3rd. Seven analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $45.75.
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.
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