QAD Inc. (NASDAQ:QADB) has received an average broker rating score of 1.00 (Strong Buy) from the two brokers that cover the company, Zacks Investment Research reports. Two equities research analysts have rated the stock with a strong buy recommendation.
Zacks has also assigned QAD an industry rank of 162 out of 265 based on the ratings given to related companies.
Separately, TheStreet upgraded QAD from a “hold” rating to a “buy” rating in a research note on Monday, August 1st.
Shares of QAD (NASDAQ:QADB) opened at 20.00 on Wednesday. QAD has a one year low of $13.79 and a one year high of $23.43. The stock has a market cap of $379.46 million, a PE ratio of 83.68 and a beta of 1.15. The company’s 50-day moving average price is $19.18 and its 200-day moving average price is $17.55.
QAD (NASDAQ:QADB) last announced its quarterly earnings data on Thursday, August 25th. The company reported $0.12 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.03 by $0.09. QAD had a return on equity of 5.00% and a net margin of 1.68%. Equities research analysts anticipate that QAD will post $0.33 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 5th. Shareholders of record on Wednesday, September 28th were paid a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 1.20%. The ex-dividend date of this dividend was Monday, September 26th. QAD’s payout ratio is 100.00%.
An institutional investor recently raised its position in QAD stock. Geode Capital Management LLC increased its position in shares of QAD Inc. (NASDAQ:QADB) by 1.7% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 35,431 shares of the company’s stock after buying an additional 593 shares during the period. Geode Capital Management LLC owned about 0.19% of QAD worth $630,000 at the end of the most recent reporting period. 2.88% of the stock is currently owned by institutional investors and hedge funds.
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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