Qudian Inc. (NYSE: QD) is 62.32% higher on its value in year-to-date trading and has touched a low of $1.17 and a high of $3.82 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The QD stock was last observed hovering at around $2.31 in the last trading session, with the day’s loss setting it -0.07% off its average median price target of $12.43 for the next 12 months. It is also 83.44% off the consensus price target high of $13.53 offered by 4 analysts, but current levels are 71.57% higher than the price target low of $7.88 for the same period.
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Currently trading at $2.24, the stock is -10.31% and -12.65% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.27 million and changing -3.03% at the moment leaves the stock 23.78% off its SMA200. QD registered 31.76% gain for a year compared to 6-month gain of 72.31%. The firm has a 50-day simple moving average (SMA 50) of $2.5485 and a 200-day simple moving average (SMA200) of $1.8299.
The stock witnessed a 9.27% loss in the last 1 month and extending the period to 3 months gives it a 63.50%, and is -0.44% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 7.35% over the week and 11.10% over the month.
Qudian Inc. (QD) has around 947 employees, a market worth around $424.23M and $562.90M in sales. Current P/E ratio is 4.23 and Fwd P/E is 4.31. Profit margin for the company is 26.00%. Distance from 52-week low is 91.45% and -41.36% from its 52-week high. The company has generated returns on investments over the last 12 months (4.70%).
Qudian Inc. (QD) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Qudian Inc. (QD) is a “Underweight”. 4 analysts offering their recommendations for the stock have an average rating of 3.30, where 3 rate it as a Hold and 0 think it is a “Overweight”. 0 of the analysts rate the stock as a “Buy”. 1 analysts have rated the stock as a Sell or Underperform.
Qudian Inc. is expected to release its quarterly report on 08/20/2021 and quarterly earnings per share for the current quarter are estimated at $0.29 with sales reaching $93.82M over the same period.The EPS is expected to shrink by -67.80% this year, but quarterly earnings will post -22.80% year-over-year. Quarterly sales are estimated to shrink -31.40% in year-over-year returns.
Qudian Inc. (QD) Top Institutional Holders
104 institutions hold shares in Qudian Inc. (QD), with 22.36M shares held by insiders accounting for 8.84% while institutional investors hold 32.28% of the company’s shares. The shares outstanding are 253.66M, and float is at 109.94M with Short Float at 5.10%. Institutions hold 29.42% of the Float.
The top institutional shareholder in the company is Greenwoods Asset Management Ltd with over 5.47 million shares valued at $7.55 million. The investor’s holdings represent 2.88% of the QD Shares outstanding. As of Dec 30, 2020, the second largest holder is Vanguard Group, Inc. (The) with 5.34 million shares valued at $7.37 million to account for 2.81% of the shares outstanding. The other top investors are Acadian Asset Management which holds 5.1 million shares representing 2.68% and valued at over $7.04 million, while APG Asset Management N.V. holds 2.25% of the shares totaling 4.28 million with a market value of $5.9 million.
Qudian Inc. (QD): Who are the competitors?
The company’s main competitors (and peers) include OneMain Holdings Inc. (OMF) that is trading 252.19% up over the past 12 months and Nicholas Financial Inc. (NICK) that is 39.20% higher over the same period. Navient Corporation (NAVI) is 107.88% up on the 1-year trading charts. Short interest in the company’s stock has risen 17.01% from the last report on Mar 14, 2021 to stand at a total of 5.61 million short shares sold with a short interest ratio of 0.66.