FireEye Vs. Qualys: Which Cybersecurity Stock Is A Better Buy?

FireEye (FEYE - Get Rating) and Qualys (QLYS - Get Rating) have emerged as two of the most intriguing cybersecurity plays. Nearly the entire cybersecurity industry has benefitted from last month’s SolarWinds hack, a digital attack the federal government now blames on Russia. Market analysts far and wide have zeroed in on FEYE and QLYS as two of the industry’s rising stars. Let’s take a look at whether FEYE or QLYS is the better play moving forward.

FEYE – With the recent cyber attack by Russia in mind, there has been a renewed interest in cybersecurity and cybersecurity stocks. Two of the more well known stocks in the industry are FireEye (FEYE) and Qualys (QLYS), but which is a better Buy now? Read more to find out.

FEYE and QLYS by the Numbers

FEYE is currently trading slightly below $22. The stock’s 52-week high is $25.53. The stock has a 52-week low of $7.54. FEYE’s lofty forward P/E ratio of 63.48 is certainly concerning, yet it should not preclude you from seriously considering adding the stock to your portfolio. Analysts are generally bearish on FEYE at its current trading price, setting an average price target of $19, indicating a potential 13% downside. Of the eight analysts who cover the stock, two recommend it as a “Buy,” five consider it a “Hold,” and one has a “Sell” rating on it.

Alternatively, QLYS is priced at $114. The stock’s 52-week high is $126.30. QLYS has a 52-week low of $63.37. The stock has a forward P/E ratio of 37.91, a figure that is about half that of FEYE’s. The average analyst price target for QLYS is $116.40, indicating a small potential upside. Of the five analysts who cover QLYS, two recommend it as a “Buy,” two view it as a “Hold,” and one suggests selling.

FEYE Vs. QLYS in the POWR Ratings

Based on the information presented above, it is difficult to make a strong case that either of these stocks is superior to the other. QLYS’s comparably low forward P/E ratio of 37.91 is certainly intriguing, yet that alone is not reason enough to invest in a stock. When in doubt, consult the POWR Ratings.

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