Is it time to Buy before this week’s earning report QAD (NASDAQ:QADA)

Earnings results for QAD (NASDAQ:QADA)

QAD Inc. is expected* to report earnings on 05/26/2021 after market close. The report will be for the fiscal Quarter ending Apr 2021. According to Zacks Investment Research, based on 3 analysts’ forecasts, the consensus EPS forecast for the quarter is $-0.09. The reported EPS for the same quarter last year was $0.

QAD last released its quarterly earnings data on March 23rd, 2021. The software maker reported $0.59 EPS for the quarter, topping the consensus estimate of $0.21 by $0.38. The firm had revenue of $82.98 million for the quarter, compared to analysts’ expectations of $78.12 million. QAD has generated $0.55 earnings per share over the last year and currently has a price-to-earnings ratio of 128.3. QAD has confirmed that its next quarterly earnings report will be published on Wednesday, May 26th, 2021.

Analyst Opinion on QAD (NASDAQ:QADA)

3 Wall Street analysts have issued ratings and price targets for QAD in the last 12 months. Their average twelve-month price target is $60.00, predicting that the stock has a possible downside of 11.74%. The high price target for QADA is $77.00 and the low price target for QADA is $48.00. There are currently 1 hold rating and 2 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 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings. According to analysts’ consensus price target of $60.00, QAD has a forecasted downside of 11.7% from its current price of $67.98. QAD has only been the subject of 1 research reports in the past 90 days.

Dividend Strength: QAD (NASDAQ:QADA)

QAD has a dividend yield of 0.43%, which is in the bottom 25% of all stocks that pay dividends. QAD has only been increasing its dividend for 1 years. The dividend payout ratio of QAD is 52.73%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, QAD will have a dividend payout ratio of 69.05% next year. This indicates that QAD will be able to sustain or increase its dividend.

Insiders buying/selling: QAD (NASDAQ:QADA)

In the past three months, QAD insiders have not sold or bought any company stock. 44.92% of the stock of QAD is held by insiders. A high percentage of insider ownership can be a sign of company health. 47.37% 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 (NASDAQ:QADA

The P/E ratio of QAD is 128.27, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 22.39. The P/E ratio of QAD is 128.27, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 47.43. QAD has a P/B Ratio of 10.98. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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