Somewhat Favorable Media Coverage Somewhat Unlikely to Impact QAD (QADA) Share Price

Media coverage about QAD (NASDAQ:QADA) has trended somewhat positive this week, Accern Sentiment reports. The research group ranks the sentiment of press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. QAD earned a media sentiment score of 0.16 on Accern’s scale. Accern also assigned media headlines about the software maker an impact score of 46.9615166055572 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

These are some of the news stories that may have impacted Accern’s scoring:

Shares of QAD (QADA) traded down $0.25 during midday trading on Friday, reaching $36.55. The company’s stock had a trading volume of 32,587 shares, compared to its average volume of 38,423. QAD has a 52 week low of $26.04 and a 52 week high of $42.00. The company has a current ratio of 1.59, a quick ratio of 1.59 and a debt-to-equity ratio of 0.12.

QAD (NASDAQ:QADA) last released its earnings results on Tuesday, November 21st. The software maker reported ($0.01) EPS for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.03. The firm had revenue of $76.93 million for the quarter, compared to analysts’ expectations of $73.99 million. QAD had a negative return on equity of 2.05% and a negative net margin of 6.40%. The company’s quarterly revenue was up 10.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.07 earnings per share. analysts predict that QAD will post -0.25 EPS for the current fiscal year.

QADA has been the topic of several research reports. Zacks Investment Research raised QAD from a “hold” rating to a “buy” rating and set a $41.00 target price on the stock in a report on Thursday, October 19th. Stifel Nicolaus boosted their price objective on QAD from $33.00 to $38.00 and gave the stock a “buy” rating in a research note on Wednesday, September 20th. Canaccord Genuity boosted their price objective on QAD from $35.00 to $36.00 and gave the stock a “buy” rating in a research note on Monday, August 28th. Finally, BidaskClub raised QAD from a “sell” rating to a “hold” rating in a research note on Tuesday, August 8th. Four analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of $40.75.

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QAD Company Profile

QAD Inc (QAD) is a provider of vertically oriented enterprise software solutions for global manufacturing companies across the automotive, life sciences, consumer products, food and beverage, high technology and industrial products industries. QAD Enterprise Applications enables measurement and control of business processes and supports operational requirements, including financials, manufacturing, demand and supply chain planning, customer management, business intelligence and business process management.

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