Media headlines about Q2 (NYSE:QTWO) have been trending somewhat positive this week, Accern Sentiment Analysis reports. Accern scores the sentiment of media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public 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 0.05 on Accern’s scale. Accern also gave news articles about the technology company an impact score of 46.7087862228382 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Shares of Q2 (NYSE:QTWO) remained flat at $$41.80 during trading hours on Friday. The stock has a market capitalization of $1,740.00, a PE ratio of -60.58 and a beta of 1.59. Q2 has a fifty-two week low of $31.30 and a fifty-two week high of $44.35.
Several research analysts have issued reports on the stock. Wells Fargo & Co assumed coverage on shares of Q2 in a research report on Thursday. They set an “outperform” rating and a $50.00 price objective on the stock. Needham & Company LLC reissued a “buy” rating and set a $48.00 price objective on shares of Q2 in a research report on Friday, November 3rd. BidaskClub downgraded shares of Q2 from a “buy” rating to a “hold” rating in a research report on Monday, October 23rd. Loop Capital raised their price objective on shares of Q2 from $42.00 to $49.00 and gave the stock a “positive” rating in a research report on Friday, November 3rd. Finally, SunTrust Banks reaffirmed a “buy” rating on shares of Q2 in a report on Friday, November 3rd. Seven investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $45.75.
In related news, EVP John E. Breeden sold 10,000 shares of the business’s stock in a transaction dated Friday, November 17th. The shares were sold at an average price of $43.14, for a total transaction of $431,400.00. Following the sale, the executive vice president now owns 64,694 shares of the company’s stock, valued at $2,790,899.16. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Jeffrey T. Diehl sold 800,000 shares of the business’s stock in a transaction dated Tuesday, November 14th. The stock was sold at an average price of $41.50, for a total transaction of $33,200,000.00. The disclosure for this sale can be found here. In the last three months, insiders have sold 941,511 shares of company stock worth $38,818,440. 24.50% of the stock is owned by insiders.
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.
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