Qualys, Inc. (QLYS) provides cloud security and compliance solutions in the United States and internationally.
The company offers QualysGuard cloud suite of solutions, such as Vulnerability Management, Policy Compliance, PCI Compliance, Web Application Scanning, Malware Detection Service, Web Application Firewall, and Qualys SECURE Seal. Its integrated suite of security and compliance solutions delivered on its QualysGuard Cloud Platform enables customers to identify their IT assets, collect and analyze large amounts of IT security data, discover and prioritize vulnerabilities, recommend remediation actions, and verify the implementation of such actions. It also provides QualysGuard core services, including asset tagging and management, reporting and dashboards, questionnaires and collaboration, remediation and workflow, big data correlation and analytics engine, and alerts and notifications, which enable integrated workflows, management and real-time analysis, and reporting across IT security and compliance solutions.
In addition, the company offers QualysGuard cloud infrastructure services that include the data, data processing capabilities, software and hardware infrastructure, and infrastructure management capabilities.
Qualys, Inc. markets and sells its IT security and compliance solutions to customers directly through its sales teams, as well as indirectly through its network of channel partners, such as security consulting organizations, managed service providers, and value added resellers. It serves enterprises, government entities, and small and medium-sized businesses in various industries, including education, financial services, government, healthcare, insurance, manufacturing, media, retail, technology, and utilities.
Shares have formed a bullish "cup and handle" ahead of its quarterly results on May 4th. We expect a strong report from the firm and higher share prices.
52-Weeks Trading Range: $18.00 - $54.78
Entry Point: $53.55
Stop Loss: $50.85
Target Price: $63.30
QLYS closed at $40.75 after it missed its quarterly results.