Q2 stock: buy or sell?
December 6th, 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?Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. That's why is so important to choose your own trading strategy that fits your character as inversor. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
Currently, Q2 stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Q2 stock a buy?
Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness.At Stocks2.com, we collected 15 ratings published for QTWO stock in the last month. The general sentiment of these ratings is bullish for QTWO stock, with 14 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|
Q2 stock analysis
After sliding for 4 sessions, December/6 Q2 stayed constant a neutral 0.12%, closing at $81.59.
After sliding for 4 sessions, December/6 Q2 stayed constant a neutral 0.12%, closing at $81.59. In the last 25 days when QTWO stock price broke up the SMA200d line, it gained $7.64 (10.33%). QTWO is retaking the upward trend marking a new rising bottom heading to break out over $85.74. On August, QTWO hit a new all time high, pushing higher than on August tops. Check different trading setups that use ATHs as triggers.
After climbing for 4 weeks, this week Q2 slipped a rough -3.36%, closing at $81.59. By mid November QTWO rocketed an outstanding 8.20% in just one week. By mid October QTWO collapsed a frightening -6.23% in just one week.
Q2 is in a glaring downtrend, marking consecutive declining tops and bottoms. Now is trading in between the - range. There is an opportunity to rebound and reverse this situation if price can hold above the level. Since mid November when QTWO stock price broke up the SMA40w line, it gained $9.53 (13.23%). Far behind is the all-time high Q2 hit by mid August and since then the price is -12.86% below that top. Since SMA20d and SMA40w crossed up early April, QTWO price climbed $12.33 per share (17.80%).
Q2 stock price history
Q2 stock went public on March 20th, 2014 with a price of $16.251. Since then, QTWO stock grew a 402.10%, with an average of 80.40% per year. If you had invested right after QTWO's IPO a $1,000 in Q2 stock in 2014, it would worth $4,021.00 today.
1: Adjusted price after possible price splits or reverse-splits.
Q2 stock historical price chart
QTWO stock reached all-time highs on August with a price of $93.63.
Q2 stock price target is $90.30Nobody can reliably foresee how stock prices may evolve in the future. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. You should not follow the analysts' QTWO stock price predictions in the hope that they will be met as they may be wrong and not met. For the last 30 days we found 13 price targets for QTWO stock:
|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%|
Financials and fundamental analysis
Earnings date and Earnings per ShareQ2 failed experts on February when it reported an Earnings per Share (EPS) of $-0.11 when the market consensus was $-0.18.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, Q2 annual revenues skyrocketed an extraordinary 24.29% to $241.10 million USD from $193.98 marked in 2017. When comparing 2018 vs 2017, in contrast, profit margin (that is, the net income divided by revenues) depreciated 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 sales for 2018-Q4, a 10.96% up compared to previous quarter. Reported quarter income marked $-11.86 million 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 sales to same quarter last year, Q2 sales marked an astounding increase and boosted a 29.93%. Looking back to recent quarterly results, Q2 posted 7 positive 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 worth to review 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||$3.9 B||$4.2 B||$2.1 B||$85.2 B||$77.8 B|
|Total shares||48.2 M||115.6 M||44.0 M||614.6 M||679.9 M|
|Float shares||45.6 M||112.6 M||42.9 M||611.6 M||567.1 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%|
|Friday, December 6th, 2019|
|Day range||$81.36 - $83.01|
|Average true range||$1.87|
|50d mov avg||$75.82|
|100d mov avg||$79.74|
|200d mov avg||$75.98|
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...||2.24%||11.87%||13.91%|