News coverage about QAD (NASDAQ:QADA) has trended somewhat positive recently, according to Accern. The research firm identifies negative and positive news coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. QAD earned a news sentiment score of 0.11 on Accern’s scale. Accern also assigned news stories about the software maker an impact score of 46.9486473427479 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the media headlines that may have impacted Accern Sentiment’s analysis:
QADA stock opened at $44.95 on Tuesday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 1.60 and a current ratio of 1.60. QAD has a 52-week low of $28.45 and a 52-week high of $50.35.
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, May 1st. Shareholders of record on Tuesday, April 24th will be paid a dividend of $0.072 per share. The ex-dividend date is Monday, April 23rd. This represents a $0.29 annualized dividend and a yield of 0.64%. QAD’s dividend payout ratio (DPR) is -61.70%.
Several equities research analysts recently commented on the company. Stifel Nicolaus increased their price target on QAD from $48.00 to $53.00 and gave the company a “buy” rating in a report on Thursday, March 22nd. Canaccord Genuity reaffirmed a “buy” rating and issued a $44.00 price target on shares of QAD in a report on Tuesday, February 27th. BidaskClub raised QAD from a “hold” rating to a “buy” rating in a research note on Tuesday, April 10th. ValuEngine raised QAD from a “hold” rating to a “buy” rating in a research note on Monday, April 2nd. Finally, Zacks Investment Research cut QAD from a “hold” rating to a “sell” rating in a research note on Saturday, March 3rd. One research analyst has rated the stock with a sell rating, one has issued a hold rating and five have given a buy rating to the stock. The stock has an average rating of “Buy” and an average target price of $48.00.
In other QAD news, EVP Anton Chilton sold 6,625 shares of the firm’s stock in a transaction on Tuesday, April 10th. The stock was sold at an average price of $45.86, for a total transaction of $303,822.50. Following the completion of the sale, the executive vice president now owns 32,684 shares of the company’s stock, valued at $1,498,888.24. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 44.08% of the stock is owned by company insiders.
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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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