In last trading session, Qudian Inc. (NYSE:QD) saw 1,594,517 shares changing hands with its beta currently measuring 0. Company’s recent per share price level of $1.26 trading at -$0.04 or -3.08% at ring of the bell on the day assigns it a market valuation of $351.79 Million. That closing price of QD’s stock is at a discount of -526.19% from its 52-week high price of $7.89 and is indicating a premium of 3.97% from its 52-week low price of $1.21. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.95 Million shares which gives us an average trading volume of 2.75 Million if we extend that period to 3-months.
For Qudian Inc. (QD), analysts’ consensus is at an average recommendation of Underweight while assigning it a mean rating of 3.5. Splitting up the data highlights that, out of 6 analysts covering the stock, 2 rated the stock as a Sell while none recommended an Overweight rating for the stock. 4 suggested the stock as a Hold whereas none see the stock as a Buy. None analyst(s) advised it as an Underweight. The company is expected to be making an EPS of $0.04 in the current quarter.
Qudian Inc. (NYSE:QD) trade information
In the face of being in the red today for losing -3.08%, in the last five days QD remained trading in the green while hitting it’s week-highest on Monday, Oct 12 when the stock touched $1.43 price level, adding 11.89% to its value on the day. Qudian Inc.’s shares saw a change of -73.25% in year-to-date performance and have moved -5.97% in past 5-day. Qudian Inc. (NYSE:QD) showed a performance of -19.75% in past 30-days. Number of shares sold short was 13.49 Million shares which calculate 4.91 days to cover the short interests.
Qudian Inc. (QD) estimates and forecasts
Statistics highlight that Qudian Inc. is scoring comparatively lower than the scores of other players of the relevant industry. The company lessened -24.55% of value to its shares in past 6 months, showing an annual growth rate of NA% while that of industry is NA. Apart from that, the company came lowering its revenue forecast for fiscal year 2020. The company is estimating its revenue growth to decline by -91.5% in the current quarter and calculating -62.5% decline in the next quarter. This year revenue growth is estimated to drop -53.9% from the last financial year’s standing.
1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $161.02 Million for the same. And 1 analysts are in estimates of company making revenue of $166.53 Million in the next quarter that will end in December 01, 2020. Company posted $370.22 Million and $276Million of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to drop by -56.5% while estimating it to be -39.7% for the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 145.9% during past 5 years. In 2020, company’s earnings growth rate is likely to be around 40.4% while estimates for its earnings growth in next 5 years are of -3.74%
Qudian Inc. (NYSE:QD)’s Major holders
Insiders are in possession of 20.41% of company’s total shares while institution are holding 51.91% percent of that, with stock having share float percentage of 65.22%. Investors also watch the number of corporate investors in a company very closely, which is 208 institutions for Qudian Inc. that are currently holding shares of the company. Acadian Asset Management is the top institutional holder at QD for having 5.62 Million shares of worth $9.56 Million. And as of June 29, 2020, it was holding 13.04% of the company’s outstanding shares.
The second largest institutional holder is Greenwoods Asset Management Ltd, which was holding about 5.47 Million shares on June 29, 2020. The number of shares represents firm’s hold over 12.69% of outstanding shares, having a total worth of $9.3 Million.
On the other hand, Vanguard International Stock Index-Emerging Markets Stk and Vanguard International Stock Index-Total Intl Stock Indx are the top two Mutual Funds which own company’s shares. As of July 30, 2020, the former fund manager was holding 2449724 shares of worth $3.97 Million or 5.68% of the total outstanding shares. The later fund manager was in possession of 2.17 Million shares on July 30, 2020, making its stake of worth around $3.51 Million in the company or a holder of 5.02% of company’s stock.