Somewhat Favorable News Coverage Somewhat Unlikely to Impact QAD (QADA) Stock Price
News headlines about QAD (NASDAQ:QADA) have trended somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies negative and positive press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. QAD earned a daily sentiment score of 0.17 on Accern’s scale. Accern also assigned media stories about the software maker an impact score of 46.5239512292728 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Several analysts have recently commented on the company. Stifel Nicolaus raised their target price on QAD from $33.00 to $38.00 and gave the stock a “buy” rating in a research report on Wednesday, September 20th. ValuEngine raised QAD from a “sell” rating to a “hold” rating in a research report on Friday, June 2nd. Canaccord Genuity raised their target price on QAD from $35.00 to $36.00 and gave the stock a “buy” rating in a research report on Monday, August 28th. William Blair reaffirmed an “outperform” rating on shares of QAD in a research report on Wednesday, June 28th. Finally, BidaskClub cut QAD from a “buy” rating to a “hold” rating in a research report on Saturday, July 8th. Four research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $35.50.
QAD (NASDAQ:QADA) traded down 0.58% during mid-day trading on Friday, reaching $34.35. The company had a trading volume of 22,560 shares. QAD has a 12 month low of $21.80 and a 12 month high of $34.65. The stock’s market cap is $660.07 million. The firm’s 50-day moving average price is $32.20 and its 200-day moving average price is $30.64.
QAD (NASDAQ:QADA) last issued its earnings results on Friday, August 25th. The software maker reported ($0.05) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.12) by $0.07. QAD had a negative net margin of 5.98% and a negative return on equity of 0.47%. The business had revenue of $76.00 million during the quarter, compared to the consensus estimate of $72.16 million. During the same period last year, the business posted $0.15 EPS. QAD’s revenue was up 8.9% on a year-over-year basis. Equities research analysts forecast that QAD will post $0.32 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Tuesday, October 3rd. Investors of record on Tuesday, September 26th will be paid a $0.072 dividend. The ex-dividend date of this dividend is Monday, September 25th. This represents a $0.29 annualized dividend and a yield of 0.84%. QAD’s dividend payout ratio (DPR) is currently -30.85%.
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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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