QAD Inc. (NASDAQ:QADA) – Stock analysts at William Blair issued their FY2018 EPS estimates for QAD in a research report issued on Tuesday. William Blair analyst B. Suri expects that the firm will earn ($0.09) per share for the year.
A number of other equities analysts also recently commented on QADA. Zacks Investment Research upgraded shares of QAD from a “sell” rating to a “hold” rating in a research note on Thursday, July 21st. Benchmark Co. increased their price objective on shares of QAD from $22.00 to $24.00 and gave the stock a “buy” rating in a research note on Friday, August 26th. Four research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. QAD has an average rating of “Buy” and an average price target of $26.25.
QAD (NASDAQ:QADA) traded up 0.39% during trading on Thursday, hitting $23.08. The stock had a trading volume of 21,103 shares. QAD has a 12-month low of $17.11 and a 12-month high of $27.25. The stock has a 50 day moving average price of $22.44 and a 200 day moving average price of $20.37. The company has a market capitalization of $437.90 million, a price-to-earnings ratio of 96.57 and a beta of 1.06.
QAD (NASDAQ:QADA) last posted its quarterly earnings data on Thursday, August 25th. The company reported $0.15 EPS for the quarter, topping analysts’ consensus estimates of $0.04 by $0.11. The business had revenue of $69.80 million for the quarter. QAD had a return on equity of 5.00% and a net margin of 1.68%. The company’s revenue for the quarter was down 2.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.19 earnings per share.
The company also recently announced a quarterly dividend, which was paid on Wednesday, October 5th. Investors of record on Wednesday, September 28th were paid a $0.072 dividend. The ex-dividend date of this dividend was Monday, September 26th. This represents a $0.29 annualized dividend and a yield of 1.25%. QAD’s dividend payout ratio (DPR) is currently 120.84%.
A number of large investors have recently modified their holdings of the stock. Nationwide Fund Advisors increased its stake in shares of QAD by 17.7% in the second quarter. Nationwide Fund Advisors now owns 7,973 shares of the company’s stock valued at $154,000 after buying an additional 1,200 shares during the period. Teachers Advisors Inc. increased its stake in shares of QAD by 0.7% in the second quarter. Teachers Advisors Inc. now owns 14,415 shares of the company’s stock valued at $278,000 after buying an additional 101 shares during the period. Mission Wealth Management LLC purchased a new stake in shares of QAD during the second quarter valued at about $295,000. Strs Ohio increased its stake in shares of QAD by 8.3% in the second quarter. Strs Ohio now owns 23,400 shares of the company’s stock valued at $450,000 after buying an additional 1,800 shares during the period. Finally, BlackRock Investment Management LLC increased its stake in shares of QAD by 7.6% in the second quarter. BlackRock Investment Management LLC now owns 41,596 shares of the company’s stock valued at $802,000 after buying an additional 2,940 shares during the period. Institutional investors and hedge funds own 44.80% 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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