Analysts’ Views On Qudian Inc. (QD)


Qudian Inc. (NYSE:QD) finished Wednesday with an addition of $0.01 to close at $0.94, an upside of 0.63 percent. An average of 978,320 shares of common stock have been traded in the last five days. There was a fall of -$0.0303 in the past week, and it reached a new high 9 times over the past 12 months. The last 20 days have seen an average of 867,885 shares traded, while the 50-day average volume stands at 647,602.

QD stock has increased by 34.04% in the last month. The company shares reached their 1-month lowest point of $0.7040 on 11/30/22. With the stock rallying to its 52-week high on 07/18/22, shares of the company touched a low of $0.63 and a high of $2.18 in 52 weeks. It has reached a new high 7 times so far this year and lost -3.30% or -$0.0320 in price. In spite of this, the price is down -57.01% from the 52-week high.

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Valuation Metrics

Qudian Inc. (QD) stock’s beta is 0.56. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 2.02, the price-to-book (PB) ratio at 0.14, and the price-to-cash flow ratio at 1.10.

Financial Health

The quick ratio of Qudian Inc. for the three months ended December 30 was 9.40, and the current ratio was 9.40, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.00 and a total debt to equity ratio of 0.01 for the quarter ending December 30. Its gross profit as reported stood at $212.68 million compared to revenue of $259.56 million.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Qudian Inc.’s return on assets was -6.80%.

Earnings Surprise

For the three-month period that ended December 30, Qudian Inc. had $930.01 million in cash. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of $92.44 million in the quarter, while revenues were shrunk -58.97%. The analyst consensus anticipated Qudian Inc.’s latest quarter earnings to come in at $0.14 per share, but it turned out to be -$0.03, a -121.40% surprise. For the quarter, EBITDA amounted to -$42.14 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Qudian Inc. (QD) price momentum. RSI 9-day as of the close on 28 December was 55.28%, suggesting the stock is Neutral, with historical volatility in this time frame at 29.51%.

As of today, QD’s price is $0.9425 -3.13% or -$0.0303 from its 5-day moving average. QD is currently trading +31.14% higher than its 20-day SMA and -15.58% lower than its 100-day SMA. However, the stock’s current price level is +5.29% above the SMA50 and +48.72% above the SMA200.

The stochastic %K and %D were 74.64% and 78.81%, respectively, and the average true range (ATR) was 0.0603. With the 14-day stochastic at 68.88% and the average true range at 0.0617, the RSI (14) stands at 55.27%. The stock has reached -0.0026 on the 9-day MACD Oscillator while the 14-day reading was at 0.0119.

Analyst Ratings

Citigroup downgraded Qudian Inc. (NYSE: QD) to a a Sell rating in its most recent analyst report. Previously, the stock was rated as a Neutral. The consensus rating for Qudian Inc. (QD) among analysts is Hold. According to current brokerage recommendations, 0 brokerage firms advise that investors sell QD, while 1 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 0 others rate it as a “buy”.

What is QD’s price target for the next 12 months?

Analysts predict a range of price targets between $7.21 and $7.21, with a median target of $7.21. Taking a look at these predictions, the average price target given by analysts for Qudian Inc. (QD) stock is $7.21.


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