QAD (NASDAQ:QADA) had its price target raised by Stifel Nicolaus from $48.00 to $53.00 in a report issued on Thursday, MarketBeat.com reports. They currently have a buy rating on the software maker’s stock.
Several other research analysts also recently weighed in on the company. Zacks Investment Research downgraded QAD from a hold rating to a sell rating in a research note on Saturday, March 3rd. Canaccord Genuity reaffirmed a buy rating and set a $44.00 target price on shares of QAD in a research note on Tuesday, February 27th. Finally, BidaskClub raised QAD from a hold rating to a buy rating in a research note on Thursday, February 22nd. One analyst has rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the stock. QAD currently has an average rating of Hold and a consensus target price of $48.00.
QAD stock opened at $42.70 on Thursday. QAD has a twelve month low of $26.50 and a twelve month high of $50.35. The stock has a market capitalization of $821.76, a P/E ratio of -87.14 and a beta of 1.00. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.60 and a quick ratio of 1.60.
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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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