QAD Inc. (NASDAQ:QADA) President Pamela M. Lopker sold 2,256 shares of the company’s stock in a transaction on Friday, February 8th. The shares were sold at an average price of $42.06, for a total value of $94,887.36. Following the completion of the transaction, the president now owns 4,578,839 shares of the company’s stock, valued at $192,585,968.34. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Shares of NASDAQ:QADA opened at $41.97 on Tuesday. QAD Inc. has a fifty-two week low of $38.39 and a fifty-two week high of $61.80. The firm has a market capitalization of $824.66 million, a price-to-earnings ratio of -89.30 and a beta of 1.24. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 0.10.
QAD (NASDAQ:QADA) last announced its quarterly earnings results on Tuesday, November 20th. The software maker reported $0.14 earnings per share for the quarter, beating analysts’ consensus estimates of $0.13 by $0.01. QAD had a return on equity of 0.08% and a net margin of 0.10%. The firm had revenue of $79.58 million for the quarter, compared to analysts’ expectations of $81.12 million. During the same period in the prior year, the business posted ($0.01) earnings per share. The business’s revenue was up 3.4% compared to the same quarter last year. As a group, research analysts predict that QAD Inc. will post 0.17 EPS for the current fiscal year.
QADA has been the subject of a number of recent research reports. Stifel Nicolaus cut their target price on QAD from $61.00 to $52.00 and set a “buy” rating for the company in a research note on Wednesday, November 21st. ValuEngine lowered QAD from a “strong-buy” rating to a “buy” rating in a research note on Monday, February 4th. Zacks Investment Research lowered QAD from a “buy” rating to a “hold” rating in a research note on Wednesday, October 24th. B. Riley set a $62.00 target price on QAD and gave the company a “buy” rating in a research note on Wednesday, November 21st. Finally, BidaskClub upgraded QAD from a “strong sell” rating to a “sell” rating in a research note on Friday, January 25th. One research analyst has rated the stock with a sell rating and five have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $53.25.
QAD Company Profile
QAD Inc provides enterprise software solutions for manufacturing companies in the automotive, life sciences, consumer products, food and beverage, high technology, and industrial products industries worldwide. The company offers QAD Enterprise Applications, an integrated suite of software applications, which support the core business processes.
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