Qudian (QD) to Release Quarterly Earnings on Monday
Qudian (NYSE:QD) is scheduled to be posting its quarterly earnings results before the market opens on Monday, March 12th. Analysts expect Qudian to post earnings of $0.32 per share for the quarter.
Shares of Qudian (NYSE:QD) opened at $14.32 on Monday. The company has a debt-to-equity ratio of -0.14, a current ratio of 1.39 and a quick ratio of 1.39. The company has a market capitalization of $4,730.00 and a price-to-earnings ratio of 15.57. Qudian has a one year low of $11.33 and a one year high of $35.45.
Several brokerages have issued reports on QD. Credit Suisse Group began coverage on Qudian in a research report on Monday, November 13th. They issued an “outperform” rating for the company. Macquarie began coverage on Qudian in a research report on Tuesday, November 14th. They issued an “outperform” rating and a $36.00 price objective for the company. Citigroup began coverage on Qudian in a research report on Tuesday, November 14th. They issued a “buy” rating for the company. Morgan Stanley began coverage on Qudian in a research report on Wednesday, November 15th. They issued a “weight” rating for the company. Finally, began coverage on Qudian in a research report on Wednesday, November 15th. They issued a “buy” rating and a $35.00 price objective for the company. Two investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has assigned a strong buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $23.50.
Qudian Inc provides cash credit products, which provide funds in digital form, and merchandise credit products. The Company operates through an online platform and all the transaction are facilitated through mobile devices. Borrowers can apply for credit on their mobile phones and receive approval within a few seconds.
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