Wall Street analysts expect QAD Inc. (NASDAQ:QADA) to post earnings per share of $0.12 for the current fiscal quarter, Zacks Investment Research reports. Three analysts have provided estimates for QAD’s earnings, with the lowest EPS estimate coming in at $0.08 and the highest estimate coming in at $0.15. QAD posted earnings of ($0.20) per share during the same quarter last year, which suggests a positive year-over-year growth rate of 160%. The company is scheduled to announce its next earnings report after the market closes on Wednesday, March 20th.

According to Zacks, analysts expect that QAD will report full year earnings of $0.74 per share for the current year, with EPS estimates ranging from $0.71 to $0.76. For the next fiscal year, analysts anticipate that the firm will report earnings of $0.72 per share, with EPS estimates ranging from $0.54 to $0.87. Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side research analysts that that provide coverage for QAD.

QAD (NASDAQ:QADA) last issued its quarterly earnings data on Tuesday, November 20th. The software maker reported $0.14 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.13 by $0.01. QAD had a return on equity of 0.08% and a net margin of 0.10%. The business had revenue of $79.58 million during the quarter, compared to analyst estimates of $81.12 million. During the same period in the previous year, the firm earned ($0.01) EPS. QAD’s quarterly revenue was up 3.4% compared to the same quarter last year.

A number of equities analysts have weighed in on QADA shares. B. Riley set a $62.00 price target on QAD and gave the stock a “buy” rating in a research report on Wednesday, November 21st. Zacks Investment Research raised QAD from a “hold” rating to a “buy” rating and set a $49.00 price objective on the stock in a research note on Friday, November 30th. ValuEngine downgraded QAD from a “strong-buy” rating to a “buy” rating in a research report on Monday, February 4th. BidaskClub upgraded QAD from a “strong sell” rating to a “sell” rating in a research report on Friday, January 25th. Finally, Stifel Nicolaus dropped their target price on QAD from $61.00 to $52.00 and set a “buy” rating for the company in a research report on Wednesday, November 21st. One equities research analyst has rated the stock with a sell rating and five have assigned a buy rating to the stock. QAD currently has an average rating of “Buy” and a consensus target price of $53.25.

In other QAD news, President Pamela M. Lopker sold 4,000 shares of the business’s stock in a transaction on Monday, February 4th. The stock was sold at an average price of $43.20, for a total value of $172,800.00. Following the sale, the president now directly owns 4,587,095 shares in the company, valued at $198,162,504. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, President Pamela M. Lopker sold 5,000 shares of the business’s stock in a transaction on Thursday, December 20th. The shares were sold at an average price of $40.28, for a total value of $201,400.00. Following the completion of the sale, the president now owns 5,000,095 shares in the company, valued at $201,403,826.60. The disclosure for this sale can be found here. Insiders sold 63,068 shares of company stock valued at $2,598,294 over the last quarter. Corporate insiders own 43.70% of the company’s stock.

Several institutional investors and hedge funds have recently modified their holdings of QADA. ETRADE Capital Management LLC raised its position in shares of QAD by 25.4% in the 4th quarter. ETRADE Capital Management LLC now owns 8,439 shares of the software maker’s stock worth $332,000 after acquiring an additional 1,712 shares in the last quarter. BlackRock Inc. boosted its stake in QAD by 7.1% during the 4th quarter. BlackRock Inc. now owns 792,150 shares of the software maker’s stock valued at $31,157,000 after purchasing an additional 52,797 shares during the last quarter. Victory Capital Management Inc. boosted its stake in QAD by 15.1% during the 4th quarter. Victory Capital Management Inc. now owns 3,137 shares of the software maker’s stock valued at $123,000 after purchasing an additional 411 shares during the last quarter. Algert Global LLC boosted its stake in QAD by 193.8% during the 4th quarter. Algert Global LLC now owns 14,106 shares of the software maker’s stock valued at $555,000 after purchasing an additional 9,305 shares during the last quarter. Finally, Rhumbline Advisers boosted its stake in QAD by 49.8% during the 4th quarter. Rhumbline Advisers now owns 13,171 shares of the software maker’s stock valued at $518,000 after purchasing an additional 4,377 shares during the last quarter. Hedge funds and other institutional investors own 45.15% of the company’s stock.

Shares of QADA traded down $0.17 on Monday, hitting $42.01. The company’s stock had a trading volume of 3,332 shares, compared to its average volume of 37,872. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.61 and a current ratio of 1.61. QAD 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 $827.78 million, a PE ratio of -89.38 and a beta of 1.24.

About QAD

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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Earnings History and Estimates for QAD (NASDAQ:QADA)

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