3 Software Stocks That Concern Us
The article questions Q2 Holdings (QTWO), citing 11% average billings growth over the past year as weaker than expected, and estimated 9.5% sales growth for the next 12 months. It also points to servicing costs that leave gross margin at 55.6%. QTWO is noted at $46.14 per share, implying 3.5x forward price-to-sales.