NASDAQ:QSII
$52.80
(2/9 11:08AM)
0.0%
| Open | $53.22 |
Mkt Cap | $1.5 Billion |
| High | $53.47 |
52Wk High | $68.51 |
| Low | $52.63 |
52Wk Low | $34.26 |
| Volume | 59,133 |
Avg Vol 10D | 509,800 |
Ockham's Rating/Recommendation Summary
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QSII Revenue
As a value investing shop, we are interested in seeing how QSII's revenues measure up against past performances. One easily understandable way of doing that is to compare Price to Sales per share levels over a given time frame. Assuming it is available, Ockham prefers to look at ten years of history (for this stock there are 10 years of history available) and we weigh recent years more heavily. This allows us to find weighted average historical high and low Price to Sales ratios, which give us a better idea of the stock's current underlying value. Using this method, we have established a high range for Price to Sales of 7.35x and the low end of the range at 3.75x.
With respect to these historically rational metrics, notice that the current Price to Sales per share ratio for QSII of 5.45x is below its historical average only slightly. So, while not a huge positive for our analysis, we do feel it is worth noting that QSII does look a bit undervalued on a Price to Sales basis, all other factors being equal. However, if the Price to Sales ratio drops further, Ockham Research is likely to become more bullish on this stock.
QSII Cash Earnings
As a value investment framework, Ockham Research is similar to a private equity firm in terms of our valuation methods. We are always on the lookout for value in the form of sales and cash numbers. In the case of QSII, Ockham views their current Cash Earnings as above their historical average multiples of Cash Earnings, as calculated by our proprietary analysis. It is incredibly important to understand that for QSII, the current level of Cash Earnings compared to its historical levels helps identify where QSII is in relation to what the investing community was willing to pay for this level of Cash Earnings in the past. With a historical high Cash Earnings per share ratio of 33.15 and a historical low Cash Earnings per share ratio of 16.77, an investor can relate where value becomes optimal.
Given this range of ratios per share, QSII at its current price of $53.04 and a Price to Cash Earnings ratio of 26.52 is 6% above its average historical Price to Cash Earnings ratio. Obviously this makes us more hesitant about QSII because cash earnings would need to rise to improve the valuation. Likewise, a decline in Price to Cash Earnings to below the average of 24.96 would significantly improve our outlook for QSII given the current profit levels.
QSII Dividends
A positive Ockham rating does not require a company to pay out an inviting dividend or a dividend at all. However, we believe dividends provide a useful measure of a company's inherent expectations.
Comparable to our analysis of Sales and Cash Earnings per share, we examine dividend yields from QSII against the historic high and low levels over an available data range. Because QSII has an established history of paying a dividend to shareholders, there is value in comparing recent dividends to historical dividends. In QSII’s case, the estimated annual dividend is $1.20 producing a current dividend yield of 2.26%. The highest dividend yield from QSII in recent history was 7.59% while the lowest dividend yield was 0.00%. It is never a good sign for a company to pay significantly lower dividends, in this case 40.45% below the median yield. Although, dividends are a relatively small portion of our analysis framework, we still see this as a negative factor.
Fox Business Has News on QSII
Quality Systems, Incorporated is one of the thousands of companies that Ockham has news analytics on, and it was recently discussed on Fox Business.
Quality Systems, Incorporated receives our Fairly Valued rating in our latest report because the current price does not seem out of line with the fundamentals. We noticed recently that in comparison to all other stocks we analyze in the news; QSII has received less coverage from the financial media in business television and blogs. Crowd sentiment is leaning to the bearish side, according to the robust data set collected by the Motley Fool CAPS survey.
“… Brian: we had the ceo yesterday of one of the best performing stocks in the last few years on QUALITY SYSTEMS, QSII, never heard of them before, the stock chart was to the moon. …”
QSII Back in the News on Fox Business
There has not been much to report from QSII in the last few weeks at least, but Fox Business talked about the stock recently.
Quality Systems, Incorporated receives our Fairly Valued rating in our latest report because the current price does not seem out of line with the fundamentals. We noticed recently that in comparison to all other stocks we analyze in the news; QSII has received less coverage from the financial media in business television and blogs. Crowd sentiment is leaning to the bearish side, according to the robust data set collected by the Motley Fool CAPS survey.
“… Supposed to benefit from a health-care overhaul. Ticket look at this chart. This is QUALITY SYSTEMS. …”
Quality Systems, Incorporated (QSII) Discussed on Fox Business's The Opening Bell on Fox Business
Quality Systems, Incorporated is in the news. Find out how this impacts QSII trading on Ockham Research.
The ceo david nelles bought 60,000 shares for 550,000 dollars on july 7th and now ones over 1.5 million shares and we love to see people put their money where their mouth is. QUALITY SYSTEMS one they want to take a look at this morning. An upgrade from oppenheimer and this is what I like, the target is interesting, they raised it to 54 exactly where the stock is even with an upgrade we like to
“… penheimer and this is what I like, the target is interesting, they raised it to 54 exactly where the stock is even with an upgrade we like to …”
Quality Systems, Incorporated (QSII) Discussed on CNBC's Closing Bell
Quality Systems, Incorporated is in the news. Find out how this impacts QSII trading on Ockham Research.
A downgrade at ubs, down 10%. Cintas which provides uniforms to businesses they lowered their guidance down 6.5%. Final bad one, QUALITY SYSTEMS down 7.6%. Missed on earnings by 7 cents. Let's go to the good stuff. Palm, great buzz on the
“… A downgrade at ubs, down 10%. Cintas which provides uniforms to businesses they lowered their guidance down 6.5%. Final bad one, QUALITY SYSTEMS down 7.6%. Missed on earnings by 7 cents. Let's go to the good stuff. Palm, great buzz on the …”
Quality Systems, Incorporated (QSII) Discussed on CNBC's Squawk On The Street
Quality Systems, Incorporated is in the news. Find out how this impacts QSII trading on Ockham Research.
Lincoln and fifth third up better than 60%. Big loss earnings winner, boosting the fiscal year outlook, earning boutique firm upgrade. QUALITY SYSTEMS, despite the $20 billion stimulus package for health care i.T. There are delays in people buying because they just don't mark? >>> the president's stimulus
“… they just don't mark? >>> the president's stimulus …”
Quality Systems, Incorporated (QSII) Discussed on CNBC's Squawk On The Street
Quality Systems, Incorporated is in the news. Find out how this impacts QSII trading on Ockham Research.
Eating them. >> we've got some thin mints >> I like the samoas. >> I like the lemon cream. Anyway, at the nasdaq, QUALITY SYSTEMS took systems, ticker QSII. Celebrating 35 years. >> our reporters are standing bob, so we can have a samoa and that was quite a bell ringing. A little lower than normal,
“… a bell ringing. A little lower than normal, …”
Quality Systems, Incorporated (QSII) Discussed on Fox Business's The Opening Bell on Fox Business
Quality Systems, Incorporated is in the news. Find out how this impacts QSII trading on Ockham Research.
>> ringing the bell at the big board today executives and guests of girl scouts of the usa and at the nasdaq the chairman and founder of QUALITY SYSTEMS. >> all right there you have it. The bells are ringing. Nicole if you get girl scout cookies, let me know, who >> I already did, I got peanut
“… know, who >> I already did, I got peanut …”
Quality Systems, Incorporated (QSII) Discussed on Fox Business's Fox Business
Quality Systems, Incorporated is in the news. Find out how this impacts QSII trading on Ockham Research.
Forcing him out, saying it, I think they're using him as a sacraficial lamb. I'm going to tell you that wagoner put things in place and worked with things put in place, global manufacturing systems out some of the QUALITY SYSTEMS are out there, we're by far the best in the business. >> all right. Randy freeman, thank you so much for joining us on fox business. I want to throw it back to you guys, but brian and dagen, one last thing, at the end of the
“… ar the best in the business. >> all right. Randy freeman, thank you so much for joining us on fox business. I want to throw it back to you guys, but brian and dagen, one last thing, at the end of the …”
Quality Systems, Incorporated (QSII) Discussed on CNBC's Closing Bell
Quality Systems, Incorporated is in the news. Find out how this impacts QSII trading on Ockham Research.
Save between 110 and 140 million health care i.T. Stocks showing strength, moving higher the last few days as a lot of folks talking about electronic health records. QUALITY SYSTEMS one of them hitting a new high today on that its ceo telling "the wall street journal" we may see consolidation in that sector as well as players look to try to begin a nice big piece of that
“… reet journal" we may see consolidation in that sector as well as players look to try to begin a nice big piece of that …”