Analysts Set Qnity Electronics, Inc. (NYSE:Q) Target Price at $151.78

by · The Markets Daily

Shares of Qnity Electronics, Inc. (NYSE:Q – Get Free Report) have been given a consensus recommendation of “Buy” by the ten ratings firms that are presently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating on the company. The average 1-year price target among analysts that have covered the stock in the last year is $151.7778.

Several research analysts have commented on the stock. Zacks Research upgraded shares of Qnity Electronics from a “hold” rating to a “strong-buy” rating in a report on Tuesday, June 30th. Weiss Ratings lowered shares of Qnity Electronics from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday, August 5th. BMO Capital Markets upped their price target on shares of Qnity Electronics from $180.00 to $185.00 and gave the company an “outperform” rating in a research report on Monday, July 6th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Qnity Electronics in a research report on Wednesday, August 5th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and issued a $165.00 price objective on shares of Qnity Electronics in a research note on Wednesday, May 13th.

Read Our Latest Analysis on Qnity Electronics

Insider Activity at Qnity Electronics

In other Qnity Electronics news, Director Bondt Karin De purchased 1,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 11th. The shares were purchased at an average cost of $138.14 per share, with a total value of $138,140.00. Following the completion of the transaction, the director owned 6,647 shares of the company’s stock, valued at approximately $918,216.58. This represents a 17.71% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.15% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Qnity Electronics

A number of large investors have recently made changes to their positions in Q. First Bancorp Inc ME purchased a new position in Qnity Electronics during the second quarter valued at approximately $32,000. Markowski Investments acquired a new stake in shares of Qnity Electronics during the 2nd quarter valued at $33,000. NBH Bank acquired a new stake in shares of Qnity Electronics during the 2nd quarter valued at $34,000. Annis Gardner Whiting Capital Advisors LLC boosted its stake in shares of Qnity Electronics by 71.8% during the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 213 shares of the premier technology solutions leader’s stock valued at $25,000 after buying an additional 89 shares during the period. Finally, Bank & Trust Co purchased a new position in shares of Qnity Electronics during the 2nd quarter valued at $43,000.

Qnity Electronics Trading Up 1.9%

Shares of NYSE:Q opened at $117.69 on Monday. The stock has a market capitalization of $24.62 billion and a price-to-earnings ratio of 42.03. Qnity Electronics has a 1-year low of $70.50 and a 1-year high of $177.28. The company has a 50 day moving average price of $137.02 and a 200 day moving average price of $135.73. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.50 and a current ratio of 2.01.

Qnity Electronics (NYSE:Q – Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The premier technology solutions leader reported $1.19 earnings per share for the quarter, topping the consensus estimate of $1.07 by $0.12. The business had revenue of $1.43 billion during the quarter. Qnity Electronics had a return on equity of 10.83% and a net margin of 11.25%.Qnity Electronics has set its FY 2026 guidance at 4.400-4.600 EPS. On average, research analysts anticipate that Qnity Electronics will post 4.52 EPS for the current fiscal year.

Qnity Electronics Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st will be issued a $0.08 dividend. The ex-dividend date is Monday, August 31st. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.3%. Qnity Electronics’s dividend payout ratio is presently 11.43%.

Qnity Electronics Company Profile

(Get Free Report)

Qnity Electronics, Inc (NYSE:Q) is a global semiconductor materials and electronic solutions company. The company develops materials and technologies used throughout the semiconductor manufacturing process, including wafer fabrication, advanced packaging and the production of high-performance electronic components.

Its offerings include chemical-mechanical planarization materials, photoresists, dielectric and metallization materials, cleaning and etching solutions, thermal-management products, and materials for semiconductor interconnects and advanced packaging.

See Also