Why Today Is the Best Time to Buy QAD Inc. [QADA] Stock at $60.74

QAD Inc. [QADA] shares are up more than 25.39% this year and recently increased 0.02% or $1.39 to settle at $60.74. Analysts expect QADA to grow earnings at a 10.00% annual rate over the next 5 years. QADA has a short ratio of 7.90. This implies that the market is currently less bullish on the outlook for QADA.

On 2, December 2020, CERP Rhin Rhône Méditerranée Selects QAD DynaSys Cloud Solutions to Improve Customer Service Levels and Satisfaction. According to news published on Yahoo Finance, QAD DynaSys, a leading provider of digital supply chain planning solutions, announced today that CERP Rhin Rhône Méditerranée, a French leader in pharmaceutical distribution, has selected the QAD DynaSys Retail Planning solution including demand planning, distribution planning, procurement planning, and advanced analytics capabilities to optimize its supply chain. QAD DynaSys is a division of QAD Inc. (Nasdaq: QADA) (Nasdaq: QADB).

Analyst Birdseye View:

The most recent analyst activity for QAD Inc. [NASDAQ:QADA] stock was on July 25, 2018, when it was Initiated with a Buy rating from B. Riley FBR, which also raised its 12-month price target on the stock to $71. Before that, on July 25, 2018, B. Riley FBR Inc. Recapitulated a Buy rating and elevated its amount target to $71. On March 22, 2018, Stifel Reiterated a Buy rating and boosted its price target on this stock from $48 to $53. On November 22, 2017, Stifel Reiterated a Buy rating and increased its price target from $40 to $45. On September 20, 2017, Stifel Reiterated a Buy rating and increased its price target to $38. On April 19, 2017, Sidoti Initiated a Neutral rating. On March 10, 2017, Stifel Reiterated a Buy rating and boosted its target amount on this stock from $30 to $33. On November 23, 2016 The Benchmark Company Reiterated a Buy rating and elevated its amount target to $31.

In the past 52 weeks of trading, this stock has oscillated between a low of $28.21 and a peak of $59.45. Right now, the middling Wall Street analyst 12-month amount mark is $62.50. At the most recent market close, shares of QAD Inc. [NASDAQ:QADA] were valued at $60.74. According to the average price forecast, investors can expect a potential return of 0.0%.

FUNDAMENTAL ANALYSIS

QAD Inc. [NASDAQ:QADA] most recently reported quarterly sales of 76.66 billion, which represented growth of -3.00%. This publicly-traded organization’s revenue is $161,860 per employee, while its income is -$8,307 per employee. This company’s Gross Margin is currently 58.10%, its Operating Margin is -1.10%, its Pretax Margin is -1.16, and its Net Margin is -5.13. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at -4.89, -12.79, -3.86 and -11.03 respectively.

If looking now at the Principal structure of this organization, it shows its whole liability to the whole Principal at 21.52 and the whole liability to whole assets at 9.62. It shows enduring liability to the whole principal at 18.22 and enduring liability to assets at 0.08 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 59.21 points at 1st support level, the second support level is making up to 57.68. But as of 1st resistance point, this stock is sitting at 61.93 and at 63.12 for 2nd resistance point.

QAD Inc. [QADA] reported its earnings at $0.34 per share in the fiscal quarter closing of 10/30/2020. The Analysts for Wall Street were expecting to report its earnings at $0.14/share signifying the difference of 0.2 and 142.90% surprise value. Comparing the previous quarter ending of 7/30/2020, the stated earnings were $0.2 calling estimates for $0.08/share with the difference of 0.12 depicting the surprise of 150.00%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for QAD Inc. [NASDAQ:QADA] is 1.50. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.79. Now if looking for a valuation of this stock’s amount to sales ratio it’s 3.22, it’s amount to book ratio is 10.57 and showing 394.42 of P/E (TTM) ratio.

Insider Stories

The most recent insider trade was by LENDER DANIEL, EVP & CFO, and it was the sale of 5423.0 shares on Jul 07. LENDER DANIEL, the EVP & CFO, completed a sale of 8523.0 shares on Jul 06. On Jun 17, Chilton Anton, CEO, completed a sale of 2748.0 shares.