Published On: Fri, Feb 17th, 2017

Q2 Holdings Inc (NYSE:QTWO) Receives Buy Rating From Needham Analysts


Q2 Holdings Inc (NYSE:QTWO) had its stock rating reiterated as ‘Buy’ in a report released by analysts at Needham.

Needham today set a target price of 42 on the company’s stock. According to the analyst this now indicates there is a potential increase of 17.81% from Q2 Holdings Inc’s current price of 35.65.

NYSE:QTWO


Over the last twelve months Q2 Holdings Inc’s stock price has increased by 82.26% from 19.56 to 35.65.

There are currently 40,138,000 shares in issue with a current share value of 35.65 giving Q2 Holdings Inc a market capitalisation of 1.43B USD .

Q2 Holdings Inc (NYSE:QTWO) has a 50 day moving average of 31.15 and a 200 day moving average of 29.49. The 52 week high for the share price is 36.5 while the 52 week low for the stock is 19.55.

Q2 Holdings, Inc. is a provider of cloud-based digital banking solutions. The Company enables regional and community financial institutions (RCFIs), to deliver a suite of integrated digital banking services. The Company’s solutions all operate on a common platform that supports the delivery of unified digital banking services across online, mobile and voice channels. Its platform provides a single point of management enabling RCFIs to deliver targeted experiences, including tailored rights, features and branding to account holders. Its cloud-based solutions and common platform provide its RCFI customers with a view of account holder access and activity across devices and channels. Its solutions include Q2online, Q2 Risk & Fraud Analytics, Q2 Corporate, Q2 SMART, Q2mobility Application, Q2mobile Remote Deposit Capture, Q2text, Q2themes, Q2clarity, Centrix Dispute Tracking System (DTS), Centrix Payments I.Q. System (PIQS), and Centrix Exact/Transaction Management System (Exact/TMS).