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.
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.
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.