A new trading data show Qudian Inc. (QD) is showing positive returns.

Qudian Inc. (NYSE: QD) stock jumped 0.78% on Tuesday to $1.30 against a previous-day closing price of $1.29. With 0.59 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.39 million shares. During the session, the Credit Services company that operates in wider Financial sector, reached to the highest price of $1.3400 whereas the lowest price it dropped to was $1.2800. The 52-week range on QD shows that it touched its highest point at $2.18 and its lowest point at $0.69 during that stretch. It currently has a 1-year price target of $1.10. Beta for the stock currently stands at 0.65.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of QD was up-trending over the past week, with a rise of 4.84%, but this was up by 5.69% over a month. Three-month performance surged to 5.69% while six-month performance rose 53.56%. The stock gained 64.47% in the past year, while it has gained 36.41% so far this year. EPS is expected to decline by -2.96% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -17.20%.

Float and Shares Shorts:

At present, 239.63 million QD shares are outstanding with a float of 159.79 million shares on hand for trading. On Apr 27, 2023, short shares totaled 0.78 million, which was 0.35% higher than short shares on Mar 30, 2023. In addition to Mr. Lianzhu Lv as the firm’s Head of User Experience Department, Mr. Min Luo serves as its Founder, Chairman & CEO.

Institutional Ownership:

Through their ownership of 10.81% of QD’s outstanding shares, institutional investors have minority control over the company. Other institutions hold 8.40% of QD, in contrast to 1.97% held by mutual funds. Shares owned by individuals account for –. As the largest shareholder in QD with 3.92% of the stake, Acadian Asset Management LLC holds 7,402,620 shares worth 7,402,620. A second-largest stockholder of QD, Goldman Sachs & Co. LLC, holds 2,017,498 shares, controlling over 1.07% of the firm’s shares. SG Americas Securities LLC is the third largest shareholder in QD, holding 1,459,613 shares or 0.77% stake. With a 0.57% stake in QD, the Andra AP Fonden is the largest stakeholder. A total of 1,079,500 shares are owned by the mutual fund manager. The Mackenzie Emerging Markets Class, which owns about 0.20% of QD stock, is the second-largest Mutual Fund holder. It holds 384,000 shares valued at 0.48 million. DFA Dimensional Emerging Markets holds 0.17% of the stake in QD, owning 319,605 shares worth 0.4 million.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on Dec 30, 2022, QD reported revenue of $105.45M and operating income of -$12.66M. The EBITDA in the recently reported quarter was $66.75M and diluted EPS was -$0.25.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for QD since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential. With QD analysts setting a high price target of $7.21 and a low target of $7.21, the average target price over the next 12 months is $7.21. Based on these targets, QD could surge 454.62% to reach the target high and rise by 454.62% to reach the target low. Reaching the average price target will result in a growth of 454.62% from current levels.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy.

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