Qnity Electronics, Inc. (NYSE:Q) Receives $151.78 Consensus Price Target from Analysts

Shares of Qnity Electronics, Inc. (NYSE:QGet Free Report) have earned a consensus rating of “Buy” from the ten analysts that are currently covering the firm, Marketbeat reports. One research analyst has rated the stock with a hold recommendation, eight have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $151.7778.

A number of research firms have commented on Q. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Qnity Electronics in a report on Wednesday, August 5th. BMO Capital Markets increased their price target on shares of Qnity Electronics from $180.00 to $185.00 and gave the company an “outperform” rating in a report on Monday, July 6th. Weiss Ratings cut shares of Qnity Electronics from a “hold (c)” rating to a “hold (c-)” rating in a research note on Wednesday, August 5th. Mizuho boosted their price objective on shares of Qnity Electronics from $170.00 to $180.00 and gave the stock an “outperform” rating in a report on Wednesday, July 1st. Finally, Royal Bank Of Canada lowered their target price on shares of Qnity Electronics from $200.00 to $189.00 and set an “outperform” rating on the stock in a research report on Tuesday, July 14th.

View Our Latest Research Report on Q

Hedge Funds Weigh In On Qnity Electronics

Institutional investors have recently modified their holdings of the company. Annis Gardner Whiting Capital Advisors LLC grew its stake in Qnity Electronics by 71.8% in the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 213 shares of the premier technology solutions leader’s stock worth $25,000 after acquiring an additional 89 shares during the period. Bank & Trust Co purchased a new stake in shares of Qnity Electronics in the second quarter valued at $43,000. Dunhill Financial LLC acquired a new position in Qnity Electronics in the fourth quarter valued at $25,000. Motco acquired a new position in Qnity Electronics in the fourth quarter valued at $27,000. Finally, Provenance Wealth Advisors LLC purchased a new position in Qnity Electronics during the fourth quarter worth about $27,000.

Qnity Electronics Stock Performance

Shares of Q stock opened at $134.29 on Thursday. The company has a market cap of $28.09 billion and a price-to-earnings ratio of 47.96. The stock has a 50 day simple moving average of $145.70 and a 200-day simple moving average of $132.29. Qnity Electronics has a 12-month low of $70.50 and a 12-month high of $177.28. The company has a current ratio of 2.01, a quick ratio of 1.50 and a debt-to-equity ratio of 0.53.

Qnity Electronics (NYSE:QGet Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The premier technology solutions leader reported $1.19 earnings per share for the quarter, beating analysts’ consensus estimates of $1.07 by $0.12. Qnity Electronics had a return on equity of 10.83% and a net margin of 11.25%.The firm had revenue of $1.43 billion for the quarter. Qnity Electronics has set its FY 2026 guidance at 4.400-4.600 EPS. On average, equities analysts forecast that Qnity Electronics will post 4.52 EPS for the current year.

Qnity Electronics Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st will be paid a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Monday, August 31st. Qnity Electronics’s payout ratio is 11.43%.

About Qnity Electronics

(Get Free Report)

Qnity Electronics, Inc (NYSE:Q) is a materials and technology company focused on supplying products and solutions for the semiconductor and advanced electronics industries. Its offerings support the manufacture of integrated circuits, advanced packaging, displays and other electronic components.

The company develops and produces specialized materials used across electronics manufacturing processes, including materials for wafer fabrication, lithography, cleaning, packaging and related applications.

Further Reading

Analyst Recommendations for Qnity Electronics (NYSE:Q)

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