Wall Street analysts expect QAD Inc. (NASDAQ:QADA) to announce earnings per share of $0.12 for the current quarter, Zacks Investment Research reports. Two analysts have made estimates for QAD’s earnings. The highest EPS estimate is $0.14 and the lowest is $0.10. QAD posted earnings per share of $0.16 during the same quarter last year, which would indicate a negative year-over-year growth rate of 25%. The business is scheduled to report its next quarterly earnings report on Thursday, March 8th.

On average, analysts expect that QAD will report full-year earnings of $0.30 per share for the current year, with EPS estimates ranging from $0.28 to $0.32. For the next financial year, analysts anticipate that the company will report earnings of $0.58 per share. Zacks Investment Research’s EPS calculations are a mean average based on a survey of analysts that that provide coverage for QAD.

QAD (NASDAQ:QADA) last announced its quarterly earnings results on Tuesday, November 21st. The software maker reported ($0.01) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.03. QAD had a negative net margin of 6.40% and a negative return on equity of 2.05%. The firm had revenue of $76.93 million during the quarter, compared to analysts’ expectations of $73.99 million. During the same period in the prior year, the company earned $0.07 EPS. The firm’s revenue was up 10.6% on a year-over-year basis.

A number of brokerages recently weighed in on QADA. Canaccord Genuity reaffirmed a “buy” rating and set a $44.00 price target (up from $36.00) on shares of QAD in a research report on Wednesday, November 22nd. They noted that the move was a valuation call. Stifel Nicolaus upped their price target on shares of QAD from $40.00 to $45.00 and gave the stock a “buy” rating in a research report on Wednesday, November 22nd. Finally, Zacks Investment Research cut shares of QAD from a “buy” rating to a “hold” rating in a research report on Saturday, October 28th. Four analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $40.75.

Shares of QAD (NASDAQ:QADA) traded down $0.05 during trading on Tuesday, reaching $37.85. 26,624 shares of the company were exchanged, compared to its average volume of 37,029. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.59 and a quick ratio of 1.59. QAD has a 12-month low of $26.04 and a 12-month high of $42.00.

A number of large investors have recently bought and sold shares of the business. Rhumbline Advisers boosted its position in QAD by 0.8% in the 2nd quarter. Rhumbline Advisers now owns 10,799 shares of the software maker’s stock valued at $346,000 after buying an additional 90 shares during the last quarter. Cornerstone Capital Management Holdings LLC. boosted its position in QAD by 0.8% in the 2nd quarter. Cornerstone Capital Management Holdings LLC. now owns 12,566 shares of the software maker’s stock valued at $402,000 after buying an additional 100 shares during the last quarter. Bank of America Corp DE boosted its position in QAD by 0.7% in the 1st quarter. Bank of America Corp DE now owns 62,560 shares of the software maker’s stock valued at $1,742,000 after buying an additional 450 shares during the last quarter. The Manufacturers Life Insurance Company boosted its position in QAD by 10.9% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 7,979 shares of the software maker’s stock valued at $256,000 after buying an additional 786 shares during the last quarter. Finally, Wells Fargo & Company MN boosted its position in QAD by 11.5% in the 2nd quarter. Wells Fargo & Company MN now owns 7,746 shares of the software maker’s stock valued at $248,000 after buying an additional 796 shares during the last quarter. 44.89% of the stock is owned by institutional investors.

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About QAD

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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