Q2 stock: buy or sell?
August 22nd, 2019
Q2 Holdings, Inc. provides cloud-based digital banking solutions to regional and community financial institutions (RCFIs) in the United States.
Should I buy Q2 stock?You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. That's why is so important to choose your own trading plan that matches with your character as inversor. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
These 2 buy setups are elegible for Q2 stock right now:
|New all-time high||Yes|
|New 52 week high||Yes|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Q2 stock a buy?
Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness.At Stocks2.com, we gathered 15 ratings published for QTWO stock in the last month. The general sentiment of these ratings is bullish for QTWO stock, with 13 positive ratings.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-8-8||Royal Bank of Canada||n/a||Outperform|
|2019-8-8||JPMorgan Chase & Co.||n/a||Overweight|
|2019-5-9||Wells Fargo & Co||n/a||Outperform|
|2019-3-1||Needham & Company LLC||Buy||Buy|
|2019-3-1||Needham & Company LLC||n/a||Buy|
|2019-2-15||Royal Bank of Canada||n/a||Outperform|
Q2 stock analysis
Q2 appreciated 1.19% today to $91.82 after marking all time highs on Monday.
After topping to all time highs on Monday, Q2 appreciated 1.19% today to $91.82. Since last April when SMA100d and SMA200d crossed up, QTWO price gained $25.30 per share (38.03%). On Monday, QTWO hit a new all time high, pushing higher than on Friday tops. Check different trading setups that use ATHs as triggers. Since price and SMA50d lines crossed up on Aug/8, QTWO climbed $17.13 (22.93%).
Shares of Q2 closed this week at $91.82 after topping to a new all time high ($93.63) even it couldn't close with gains and declined a disappointing -0.67%. Last week QTWO rocketed a super good 5.82% in just one week.
QTWO shows a strong mid-term uptrend with several rising tops and rising bottoms. Since its last bottom early August, QTWO climbed unceasignly breaking out to new all time highs. Since early April when SMA20w and SMA40w crossed up, QTWO price gained $22.56 per share (32.57%). Since late January when QTWO stock price broke up the SMA40w line, it gained $35.80 (63.91%).
Q2 stock price history
Q2 stock went public on March 20th, 2014 with a price of $16.251. Since then, QTWO stock grew a 465.00%, with a yearly average of 93.00%. If you had invested $1,000 in Q2 stock in 2014, it would worth $4,650.00 today.
1: Adjusted price after possible price splits or reverse-splits.
Q2 stock historical price chart
QTWO stock reached all-time highs on Monday with a price of $93.63.
Q2 stock price target is $84.80Nobody can reliably foresee how stock prices may evolve in the future. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. We have 13 price forecasts for Q2 stock published in the last month:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-8-9||SunTrust Banks||Raises Target||$84.00||$100.00||19%|
|2019-8-8||Stifel Nicolaus||Raises Target||$74.00||$82.00||10.8%|
|2019-8-8||Royal Bank of Canada||Reiterates||$79.00||$94.00||19%|
|2019-8-8||JPMorgan Chase & Co.||Raises Target||$78.00||$90.00||15.4%|
|2019-5-9||Wells Fargo & Co||Reiterates||$75.00||$80.00||6.7%|
|2019-3-1||Needham & Company LLC||Reiterates||$70.00||$80.00||14.3%|
|2019-3-1||Needham & Company LLC||Raises Target||$70.00||$80.00||14.3%|
|2019-2-15||Royal Bank of Canada||Raises Target||n/a||$76.00||-|
Financials and fundamental analysis
Earnings date and Earnings per ShareOn February, Q2 didn't meet the estimates of the experts and reported a spooky EPS of $-0.11 per share when experts were expecting $-0.18.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, Q2 annual revenues boosted a super good 24.29% to $241.10 million dollars from $193.98 marked in 2017. When comparing 2018 vs 2017, instead, profit margin (that is, the net income divided by revenues) declined a -1.19% to -14.68%.
|2013||$57 M||-||$-17.68 M-31.1%||-|
|2014||$79 M||39.14%||$-19.63 M-24.8%||11.05%|
|2015||$109 M||37.58%||$-25.06 M-23.0%||27.65%|
|2016||$150 M||37.99%||$-36.35 M-24.2%||45.05%|
|2017||$194 M||29.13%||$-26.16 M-13.5%||-28.03%|
|2018||$241 M||24.29%||$-35.40 M-14.7%||35.29%|
Quarterly financial resultsQ2 reported $67.18 M in revenues for 2018-Q4, a 10.96% improvement compared to previous quarter. Reported quarter earnings marked $-11.86 M with a profit margin of -17.66%. Profit margin decreased a -3.03% compared to previous quarter when profit margin was -14.63%. When comparing revenues to same quarter last year, Q2 sales marked an outstanding gain and rocketed a 29.93%. Looking back to recent quarterly results, Q2 posted 7 negative quarters in a row.
|2017-Q1||$45 M||-||$-7.04 M-15.8%||-|
|2017-Q2||$48 M||6.96%||$-7.82 M-16.4%||11.08%|
|2017-Q3||$50 M||5.22%||$-5.78 M-11.5%||-26.06%|
|2017-Q4||$52 M||3.17%||$-5.52 M-10.7%||-4.51%|
|2018-Q1||$55 M||6.01%||$-6.05 M-11.0%||9.55%|
|2018-Q2||$59 M||6.87%||$-8.63 M-14.7%||42.64%|
|2018-Q3||$61 M||3.36%||$-8.86 M-14.6%||2.69%|
|2018-Q4||$67 M||10.96%||$-11.86 M-17.7%||33.91%|
Q2 ownershipWhen you are planning to buy a company, it's always worth to check its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Q2, 7.45% of all outstanding shares are owned by its staff.
Bearish positions for QTWO stock account 0.00%, no big difference from last month.
The following table compares ownership indicators for other stocks related to Q2:
|Market cap||$4.1 B||$3.3 B||$1.9 B||$45.7 B||$44.0 B|
|Total shares||44.2 M||110.6 M||43.5 M||331.0 M||409.4 M|
|Float shares||41.6 M||113.4 M||40.1 M||610.5 M||327.5 M|
|- Institutional holdings (%)||101.1%||103.3%||98.6%||92.3%||91.1%|
|- Insider holdings (%)||7.4%||2.1%||2.2%||0.6%||0.3%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Thursday, August 22nd, 2019|
|Day range||$90.23 - $92.24|
|Average true range||$3.97|
|50d mov avg||$80.47|
|100d mov avg||$75.96|
|200d mov avg||$66.90|
Q2 performanceTo measure stock performance is always good to benchmark with competitors or related stocks. We compared Q2 against ACI Worldwide, Bottomline Technologies, Fidelity National Information Services, Fiserv, Jack Henry & Associates and NCR in the following table:
|JKHYJack Henry & Asso...||7.86%||8.45%||-8.84%|