Must-See Earnings Estimates for: Yirendai Stock Forecast, Price & News (NYSE:YRD)

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Earnings results for Yirendai Stock Forecast, Price & News (NYSE:YRD)

Yiren Digital Ltd. is expected* to report earnings on 08/27/2020 after market close. The report will be for the fiscal Quarter ending Jun 2020. The reported EPS for the same quarter last year was $0.24.

Yirendai last issued its quarterly earnings results on June 23rd, 2020. The technology company reported $0.20 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.66 by $1.46. The firm had revenue of $144.57 million for the quarter. Yirendai has generated $1.78 earnings per share over the last year and currently has a price-to-earnings ratio of 2.9. Yirendai has confirmed that its next quarterly earnings report will be published on Thursday, August 27th, 2020.

Analyst Opinion on Yirendai Stock Forecast, Price & News (NYSE:YRD)

5 Wall Street analysts have issued ratings and price targets for Yirendai in the last 12 months. Their average twelve-month price target is $5.68, predicting that the stock has a possible upside of 60.91%. The high price target for YRD is $6.92 and the low price target for YRD is $3.70. There are currently 5 sell ratings for the stock, resulting in a consensus rating of “Sell.”

Yirendai has received a consensus rating of Sell. The company’s average rating score is 1.00, and is based on no buy ratings, no hold ratings, and 5 sell ratings. According to analysts’ consensus price target of $5.68, Yirendai has a forecasted upside of 60.9% from its current price of $3.53. Yirendai has received no research coverage in the past 90 days.

Dividend Strength: Yirendai Stock Forecast, Price & News (NYSE:YRD)

Yirendai does not currently pay a dividend. Yirendai does not have a long track record of dividend growth.

Insiders buying/selling: Yirendai Stock Forecast, Price & News (NYSE:YRD)

In the past three months, Yirendai insiders have not sold or bought any company stock. 42.20% of the stock of Yirendai is held by insiders. A high percentage of insider ownership can be a sign of company health. Only 4.84% of the stock of Yirendai is held by institutions.

Earnings and Valuation of Yirendai Stock Forecast, Price & News (NYSE:YRD

The P/E ratio of Yirendai is 2.87, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 17.88. The P/E ratio of Yirendai is 2.87, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 52.79. Yirendai has a P/B Ratio of 0.51. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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