Zacks: QAD Inc. (QADB) Receives Average Rating of “” from Brokerages
QAD Inc. (NASDAQ:QADB) has earned a consensus broker rating score of 0.00 () from the zero analysts that provide coverage for the stock, Zacks Investment Research reports.
Zacks has also assigned QAD an industry rank of 98 out of 265 based on the ratings given to related companies.
A hedge fund recently raised its stake in QAD stock. Geode Capital Management LLC increased its stake in QAD Inc. (NASDAQ:QADB) by 0.5% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 36,919 shares of the software maker’s stock after buying an additional 186 shares during the period. Geode Capital Management LLC owned approximately 0.19% of QAD worth $885,000 at the end of the most recent quarter. 1.87% of the stock is currently owned by institutional investors and hedge funds.
Shares of QAD (QADB) opened at 24.90 on Monday. QAD has a 12-month low of $16.86 and a 12-month high of $27.13. The firm has a 50-day moving average of $26.32 and a 200-day moving average of $25.21. The firm’s market capitalization is $473.82 million.
QAD (NASDAQ:QADB) last issued its quarterly earnings data on Thursday, May 25th. The software maker reported ($0.13) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.05) by $0.08. QAD had a positive return on equity of 1.22% and a negative net margin of 5.49%. The company had revenue of $71.38 million during the quarter. Equities analysts anticipate that QAD will post $0.28 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 6th. Shareholders of record on Tuesday, June 27th were issued a $0.06 dividend. The ex-dividend date was Friday, June 23rd. This represents a $0.24 annualized dividend and a yield of 0.96%. QAD’s dividend payout ratio (DPR) is presently -28.23%.
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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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