QAD Ltd (QADA) Receives $51.50 Average Target Price from Brokerages

QAD Ltd (NASDAQ:QADA) has been given a consensus rating of “Hold” by the seven research firms that are presently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, two have given a hold recommendation and four have given a buy recommendation to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $51.50.

Several research firms have weighed in on QADA. ValuEngine upgraded QAD from a “hold” rating to a “buy” rating in a report on Monday, April 2nd. BidaskClub cut QAD from a “buy” rating to a “hold” rating in a report on Thursday, March 29th. Canaccord Genuity increased their price objective on QAD from $44.00 to $50.00 and gave the stock a “buy” rating in a report on Thursday, March 22nd. Stifel Nicolaus increased their target price on QAD from $48.00 to $53.00 and gave the stock a “buy” rating in a research report on Thursday, March 22nd. Finally, Zacks Investment Research lowered QAD from a “hold” rating to a “sell” rating in a research report on Saturday, March 3rd.

How to Become a New Pot Stock Millionaire

Large investors have recently made changes to their positions in the company. MetLife Investment Advisors LLC bought a new position in shares of QAD in the 4th quarter worth approximately $186,000. Macquarie Group Ltd. bought a new position in shares of QAD in the 3rd quarter worth approximately $196,000. Dynamic Technology Lab Private Ltd bought a new position in shares of QAD in the 3rd quarter worth approximately $224,000. The Manufacturers Life Insurance Company raised its position in shares of QAD by 10.9% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 7,979 shares of the software maker’s stock worth $256,000 after acquiring an additional 786 shares in the last quarter. Finally, Goldman Sachs Group Inc. raised its position in shares of QAD by 20.7% in the 4th quarter. Goldman Sachs Group Inc. now owns 10,077 shares of the software maker’s stock worth $391,000 after acquiring an additional 1,729 shares in the last quarter. 45.71% of the stock is owned by hedge funds and other institutional investors.

NASDAQ QADA opened at $45.20 on Thursday. QAD has a fifty-two week low of $27.80 and a fifty-two week high of $50.35. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.60 and a quick ratio of 1.60. The company has a market capitalization of $863.14, a price-to-earnings ratio of -96.17 and a beta of 1.09.

ILLEGAL ACTIVITY WARNING: “QAD Ltd (QADA) Receives $51.50 Average Target Price from Brokerages” was originally posted by Ticker Report and is the property of of Ticker Report. If you are reading this article on another publication, it was illegally copied and republished in violation of United States & international trademark and copyright law. The legal version of this article can be read at https://www.tickerreport.com/banking-finance/3340861/qad-ltd-qada-receives-51-50-average-target-price-from-brokerages.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.

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

Berry Petroleum  Getting Somewhat Favorable Media Coverage, Study Shows
Berry Petroleum Getting Somewhat Favorable Media Coverage, Study Shows
$1.41 EPS Expected for MSC Industrial Direct  This Quarter
$1.41 EPS Expected for MSC Industrial Direct This Quarter
Zacks: Brokerages Anticipate Sanderson Farms, Inc.  Will Post Quarterly Sales of $832.11 Million
Zacks: Brokerages Anticipate Sanderson Farms, Inc. Will Post Quarterly Sales of $832.11 Million
Reviewing Curis  and PDL Biopharma
Reviewing Curis and PDL Biopharma
Critical Contrast: Liberty All-Star Equity Fund  versus Solar Capital
Critical Contrast: Liberty All-Star Equity Fund versus Solar Capital
Financial Survey: Nikon  versus Sappi
Financial Survey: Nikon versus Sappi


Leave a Reply

© 2006-2018 Ticker Report. Google+.