Zacks: QAD Inc. (QADB) Given Consensus Recommendation of “” by Brokerages
QAD Inc. (NASDAQ:QADB) has been given a consensus broker rating score of 0.00 () from the zero analysts that cover the stock, Zacks Investment Research reports.
Zacks has also given QAD an industry rank of 133 out of 265 based on the ratings given to its competitors.
Shares of QAD (NASDAQ QADB) traded up 4.80% during trading on Monday, reaching $26.45. 612 shares of the company’s stock were exchanged. The firm’s market capitalization is $505.86 million. The company’s 50-day moving average price is $25.26 and its 200 day moving average price is $25.20. QAD has a 52 week low of $17.06 and a 52 week high of $27.13.
QAD (NASDAQ:QADB) last posted its earnings results on Thursday, August 24th. The software maker reported ($0.05) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.05 by $0.10. The company had revenue of $75.96 million for the quarter. QAD had a negative return on equity of 0.47% and a negative net margin of 5.98%. Analysts predict that QAD will post $0.28 EPS for the current fiscal year.
Several institutional investors have recently bought and sold shares of the company. California Public Employees Retirement System bought a new position in QAD during the second quarter valued at about $201,000. Geode Capital Management LLC raised its position in QAD by 0.5% in the first quarter. Geode Capital Management LLC now owns 36,919 shares of the software maker’s stock valued at $885,000 after buying an additional 186 shares during the last quarter. Finally, Vanguard Group Inc. raised its position in QAD by 0.8% in the second quarter. Vanguard Group Inc. now owns 54,323 shares of the software maker’s stock valued at $1,459,000 after buying an additional 417 shares during the last quarter. Institutional investors own 1.83% of the company’s stock.
QAD Company Profile
QAD Inc (QAD) is a provider of vertically oriented enterprise software solutions for global manufacturing companies across the automotive, life sciences, consumer products, food and beverage, high technology and industrial products industries. QAD Enterprise Applications enables measurement and control of business processes and supports operational requirements, including financials, manufacturing, demand and supply chain planning, customer management, business intelligence and business process management.
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