QAD (QADA) Lifted to Buy at ValuEngine

ValuEngine upgraded shares of QAD (NASDAQ:QADA) from a hold rating to a buy rating in a research report released on Monday morning.

Other analysts have also issued research reports about the stock. BidaskClub lowered shares of QAD from a buy rating to a hold rating in a research note on Thursday, February 8th. Stifel Nicolaus lifted their price objective on shares of QAD from $48.00 to $53.00 and gave the company a buy rating in a research note on Thursday, March 22nd. Zacks Investment Research lowered shares of QAD from a hold rating to a sell rating in a research note on Saturday, March 3rd. Finally, Canaccord Genuity lifted their price objective on shares of QAD from $44.00 to $50.00 and gave the company a buy rating in a research note on Thursday, March 22nd. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the company. The stock currently has a consensus rating of Hold and a consensus target price of $48.00.

How to Become a New Pot Stock Millionaire

QADA opened at $44.85 on Monday. The company has a market cap of $837.16, a PE ratio of -95.43 and a beta of 1.09. QAD has a 52-week low of $27.65 and a 52-week high of $50.35. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.60 and a current ratio of 1.60.

Large investors have recently modified their holdings of the stock. Paragon Associates & Paragon Associates II Joint Venture increased its stake in shares of QAD by 38.5% in the fourth quarter. Paragon Associates & Paragon Associates II Joint Venture now owns 90,000 shares of the software maker’s stock worth $3,497,000 after buying an additional 25,000 shares during the last quarter. Stone Ridge Asset Management LLC bought a new stake in shares of QAD in the fourth quarter worth $632,000. ArrowMark Colorado Holdings LLC increased its stake in shares of QAD by 21.0% in the fourth quarter. ArrowMark Colorado Holdings LLC now owns 480,981 shares of the software maker’s stock worth $18,686,000 after buying an additional 83,358 shares during the last quarter. OxFORD Asset Management LLP increased its stake in shares of QAD by 20.3% in the third quarter. OxFORD Asset Management LLP now owns 39,807 shares of the software maker’s stock worth $1,375,000 after buying an additional 6,725 shares during the last quarter. Finally, California Public Employees Retirement System increased its stake in shares of QAD by 6.6% in the fourth quarter. California Public Employees Retirement System now owns 32,832 shares of the software maker’s stock worth $1,276,000 after buying an additional 2,032 shares during the last quarter. Institutional investors and hedge funds own 45.71% of the company’s stock.

COPYRIGHT VIOLATION WARNING: “QAD (QADA) Lifted to Buy at ValuEngine” was first published by Ticker Report and is owned by of Ticker Report. If you are reading this piece on another domain, it was illegally copied and republished in violation of international trademark and copyright legislation. The legal version of this piece can be viewed at https://www.tickerreport.com/banking-finance/3335191/qad-qada-lifted-to-buy-at-valuengine.html.

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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Receive News & Ratings for QAD Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for QAD and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Financial Analysis: Wolters Kluwer  & Thomson Reuters
Financial Analysis: Wolters Kluwer & Thomson Reuters
Head-To-Head Analysis: National CineMedia  vs. Naspers
Head-To-Head Analysis: National CineMedia vs. Naspers
The Children’s Place  & Its Peers Head-To-Head Analysis
The Children’s Place & Its Peers Head-To-Head Analysis
American Homes 4 Rent  Expected to Post Quarterly Sales of $251.71 Million
American Homes 4 Rent Expected to Post Quarterly Sales of $251.71 Million
Entegris  Expected to Post Quarterly Sales of $360.36 Million
Entegris Expected to Post Quarterly Sales of $360.36 Million
Dinastycoin Price Reaches $0.0005
Dinastycoin Price Reaches $0.0005


Leave a Reply

© 2006-2018 Ticker Report. Google+.