Q2 Holdings, Inc. (QTWO) Can’t Be More Hot. Just Reaches All Time High

February 22, 2018 - By Larry Anderson

Investors sentiment decreased to 1.45 in 2017 Q3. Its down 0.16, from 1.61 in 2017Q2. It dropped, as 8 investors sold Q2 Holdings, Inc. shares while 41 reduced holdings. 26 funds opened positions while 45 raised stakes. 33.93 million shares or 0.34% less from 34.05 million shares in 2017Q2 were reported.
Gilder Gagnon Howe And Ltd Com owns 1.11 million shares. Moreover, Art Ltd has 0.02% invested in Q2 Holdings, Inc. (NYSE:QTWO) for 11,500 shares. Oppenheimer Asset has 2,709 shares. The Massachusetts-based Rhumbline Advisers has invested 0% in Q2 Holdings, Inc. (NYSE:QTWO). Riverhead Management Limited Liability holds 16,500 shares or 0.03% of its portfolio. Royal National Bank Of Canada has invested 0% of its portfolio in Q2 Holdings, Inc. (NYSE:QTWO). Fmr reported 0% of its portfolio in Q2 Holdings, Inc. (NYSE:QTWO). Nationwide Fund Advsrs has 0.02% invested in Q2 Holdings, Inc. (NYSE:QTWO). Cornercap Counsel holds 7,909 shares or 0.05% of its portfolio. Switzerland-based Zurcher Kantonalbank (Zurich Cantonalbank) has invested 0% in Q2 Holdings, Inc. (NYSE:QTWO). Timessquare Ltd Llc stated it has 1.41M shares or 0.39% of all its holdings. Putnam Invests Llc invested in 0% or 43,924 shares. Amer Int reported 21,014 shares. 3,161 were accumulated by Great West Life Assurance Communications Can. Loomis Sayles & Co Limited Partnership invested in 701,335 shares.

Since August 23, 2017, it had 0 insider purchases, and 16 selling transactions for $9.84 million activity. Flake Matthew P sold 30,000 shares worth $1.19M. $3,034 worth of stock was sold by Schaper Carl James on Monday, December 11. 10,000 shares were sold by Breeden John E, worth $415,000 on Wednesday, October 25. $59,850 worth of stock was sold by Benton Barry G on Wednesday, January 31. 35,000 Q2 Holdings, Inc. (NYSE:QTWO) shares with value of $1.39M were sold by Blue Adam D. $1,074 worth of Q2 Holdings, Inc. (NYSE:QTWO) shares were sold by DOYLE CHARLES T.

The stock of Q2 Holdings, Inc. (NYSE:QTWO) reached all time high today, Feb, 22 and still has $49.38 target or 9.00 % above today’s $45.30 share price. This indicates more upside for the $1.90B company. This technical setup was reported by Barchart.com. If the $49.38 PT is reached, the company will be worth $171.36 million more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events.

The stock increased 0.67% or $0.3 during the last trading session, reaching $45.3. About 908,341 shares traded or 255.91% up from the average. Q2 Holdings, Inc. (NYSE:QTWO) has risen 76.19% since February 22, 2017 and is uptrending. It has outperformed by 59.49% the S&P500.

Analysts await Q2 Holdings, Inc. (NYSE:QTWO) to report earnings on May, 2. They expect $-0.11 EPS, up 15.38 % or $0.02 from last year’s $-0.13 per share. After $-0.09 actual EPS reported by Q2 Holdings, Inc. for the previous quarter, Wall Street now forecasts 22.22 % negative EPS growth.

Q2 Holdings, Inc. (NYSE:QTWO) Ratings Coverage

Among 16 analysts covering Q2 Holdings Inc (NYSE:QTWO), 10 have Buy rating, 0 Sell and 6 Hold. Therefore 63% are positive. Q2 Holdings Inc had 34 analyst reports since August 4, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Sunday, July 30 by Canaccord Genuity. RBC Capital Markets maintained Q2 Holdings, Inc. (NYSE:QTWO) rating on Friday, November 3. RBC Capital Markets has “Buy” rating and $48.0 target. The company was maintained on Friday, February 17 by Needham. Morgan Stanley maintained the shares of QTWO in report on Friday, November 3 with “Equal-Weight” rating. Northland Capital initiated the stock with “Outperform” rating in Wednesday, December 9 report. Morgan Stanley maintained Q2 Holdings, Inc. (NYSE:QTWO) rating on Friday, February 16. Morgan Stanley has “Equal-Weight” rating and $47 target. Needham maintained Q2 Holdings, Inc. (NYSE:QTWO) rating on Friday, February 12. Needham has “Buy” rating and $25 target. The firm has “Buy” rating given on Friday, August 7 by Needham. The firm has “Buy” rating given on Thursday, February 15 by Stifel Nicolaus. Stifel Nicolaus maintained it with “Buy” rating and $4500 target in Thursday, August 3 report.

More recent Q2 Holdings, Inc. (NYSE:QTWO) news were published by: Seekingalpha.com which released: “Q2 Holdings’ (QTWO) CEO Matthew Flake on Q4 2017 Results – Earnings Call …” on February 15, 2018. Also Businesswire.com published the news titled: “Q2 Holdings, Inc. Announces Private Offering of $200 Million of Convertible …” on February 20, 2018. Businesswire.com‘s news article titled: “Q2 Holdings, Inc. Announces Pricing of Private Offering of $200 Million of …” with publication date: February 22, 2018 was also an interesting one.

Q2 Holdings, Inc. provides cloud-based digital banking solutions to regional and community financial institutions in the United States. The company has market cap of $1.90 billion. The firm offers Q2online, a browser digital banking solution that delivers RCFI-branded digital banking capabilities; Q2 Risk & Fraud Analytics, a security analytics solution for clients to detect and block suspect transactions in digital banking solutions; Q2 Corporate to support RCFIs to attract and retain larger commercial accounts; and Q2 SMART, a targeting and messaging platform that allows clients to analyze account holder data. It currently has negative earnings. It also provides Q2mobility App to access, engage, and complete banking transactions, such as adding and managing payees, transferring funds, executing single or recurring payments, viewing e-statements or check images, and managing other general banking services through mobile and tablet devices; Q2mobile Remote Deposit Capture, a partnered solution that allows remote check deposit capture; and Q2text, a mobile solution, which enables digital banking activities through the text messaging function of the device.

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