Earnings results for QAD Stock Forecast, Price & News (NASDAQ:QADA)
QAD Inc. is expected* to report earnings on 08/26/2020 after market close. The report will be for the fiscal Quarter ending Jul 2020. According to Zacks Investment Research, based on 3 analysts’ forecasts, the consensus EPS forecast for the quarter is $-0.07. The reported EPS for the same quarter last year was $-0.02.
Analyst Opinion on QAD Stock Forecast, Price & News (NASDAQ:QADA)
4 Wall Street analysts have issued ratings and price targets for QAD in the last 12 months. Their average twelve-month price target is $51.00, predicting that the stock has a possible upside of 15.80%. The high price target for QADA is $55.00 and the low price target for QADA is $48.00. There are currently 4 buy ratings for the stock, resulting in a consensus rating of “Buy.”
QAD has received a consensus rating of Buy. The company’s average rating score is 3.00, and is based on 4 buy ratings, no hold ratings, and no sell ratings. According to analysts’ consensus price target of $51.00, QAD has a forecasted upside of 15.8% from its current price of $44.04. QAD has only been the subject of 2 research reports in the past 90 days.
Dividend Strength: QAD Stock Forecast, Price & News (NASDAQ:QADA)
QAD has a dividend yield of 0.66%, which is in the bottom 25% of all stocks that pay dividends. QAD has only been increasing its dividend for 1 years. Based on EPS estimates, QAD will have a dividend payout ratio of 725.00% in the coming year. This indicates that QAD may not be able to sustain their current dividend.
Insiders buying/selling: QAD Stock Forecast, Price & News (NASDAQ:QADA)
In the past three months, QAD insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,294,286.00 in company stock. 46.14% of the stock of QAD is held by insiders. A high percentage of insider ownership can be a sign of company health. 48.76% of the stock of QAD is held by institutions. High institutional ownership can be a signal of strong market trust in this company.
Earnings and Valuation of QAD Stock Forecast, Price & News (NASDAQ:QADA
Earnings for QAD are expected to grow in the coming year, from ($0.18) to $0.04 per share. The P/E ratio of QAD is -64.76, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of QAD is -64.76, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. QAD has a P/B Ratio of 7.66. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.
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