Truist Financial analyst Terry Tillman reiterated a Buy rating on Q2 Holdings (QTWO – Research Report) today and set a price target of $60.00. The company’s shares closed yesterday at $49.81.
According to TipRanks, Tillman is a 5-star analyst with an average return of 17.0% and a 60.33% success rate. Tillman covers the Technology sector, focusing on stocks such as Manhattan Associates, SS&C Technologies Holdings, and Q2 Holdings.
Q2 Holdings has an analyst consensus of Strong Buy, with a price target consensus of $52.82.
Based on Q2 Holdings’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $154.97 million and a GAAP net loss of $23.17 million. In comparison, last year the company earned a revenue of $144.75 million and had a GAAP net loss of $27.79 million
Based on the recent corporate insider activity of 81 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of QTWO in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Q2 Holdings (QTWO) Company Description:
Q2 Holdings, Inc. engages in the provision of digital banking solutions. Its services offers security, advisory, web services, custom services and end user marketing solutions. The company was founded by Robert H. Seale III on March 31, 2005 and is headquartered in Austin, TX.
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