The shares of Qudian Inc. (NYSE:QD) has been pegged with a rating of Overweight by Morgan Stanley in its latest research note that was published on April 8th, 2019. Morgan Stanley wasnâ€™t the only research firm that published a report of Qudian Inc., with other equities research analysts also giving their opinion on the stock. Nomura advised investors in its research note published on February 27th, 2019, to Neutral the QD stock. The stock had earned Neutral rating from Macquarie when it published its report on August 27th, 2018. The stock was given Mkt Perform rating by Bernstein in its report released on August 23rd, 2018. Needham was of a view that QD is Buy in its latest report on May 22nd, 2018 while giving it a price target of $13. Deutsche Bank thinks that QD is worth Hold rating. This was contained in the firmâ€™s report on April 10th, 2018.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 4 believe it has the potential for further growth, thus rating it as Hold while 3 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $8.34. The price of the stock the last time has raised by 38.75% from its Week high price while it is raised higher than its 52-Week low price. A look at the stockâ€™s other technical shows that its 14-day RSI now stands at 56.75.
The shares of the company dipped by -2.80% during the trading session on Monday, reaching a low of $5.53 while ending the day at $5.55. During the trading session, a total of 8.94 million shares were traded which represents a -142.93% decline from the average session volume which is 3.68M shares. QD had ended its last session trading at 5.71. Qudian Inc. currently has a market cap of $1.81B, while its P/E ratio stands at 4.78, while its P/E earnings growth sits at 1.58. Qudian Inc. debt-to-equity ratio currently stands at 0.39, while its quick ratio hovers at 2.90. QD 52-week low price stands at $4.00 while its 52-week high price is $12.26.
The company in its last quarterly report recorded $0.42 earnings per share which is above the $0.41 predicted by most analysts. The Qudian Inc. generated $268.61 million in revenue during the last quarter, which is slightly lower than the $669.70 million predicted by analysts. In the second quarter last year, the firm recorded $0.34 earnings per share. Compared to the same quarter last year, the firmâ€™s revenue was up by 19.05%. Qudian Inc. has the potential to record 1.16 EPS for the current fiscal year, according to equities analysts.
Investment analysts at Evercore ISI published a research note on March 20th, 2019 where it informed investors and clients that The Kroger Co. (NYSE:KR) is now rated as In-line. Their price target on the stock stands at $27. Nomura also rated KR as Downgrade on February 27th, 2019, with its price target of $43 suggesting that KR could surge by 9.87% from its current share price. Even though the stock has been trading at $25.67/share, analysts expect it to surge higher by -0.78% to reach $28.26/share. It started the day trading at $25.68 and traded between $25.39 and $25.47 throughout the trading session.
A look at its technical shows that KRâ€™s 50-day SMA is 26.33 while its 200-day SMA stands at 28.50. The stock has a high of $32.74 for the year while the low is $23.48. The companyâ€™s P/E ratio currently sits at 6.89, while the P/B ratio is 2.58. At the moment, only of The Kroger Co. shares were sold short. The companyâ€™s average trading volume currently stands at 8.47M shares, which means that the short-interest ratio is just 4.02 days. Over the past seven days, the company moved, with its shift of 6.75%. Looking further, the stock has dropped -10.00% over the past 90 days while it lost -4.75% over the last six months.
The change in the stockâ€™s fortunes has led to several institutional investors altering their holdings of the stock. The Vanguard Group Inc bought more KR shares, increasing its portfolio by +3.64% during the last quarter. This move now sees The Vanguard Group Inc purchasing 2,354,098 shares in the last quarter, thus it now holds 67,029,453 shares of KR, with a total valuation of $1,648,924,544. BlackRock Fund Advisors meanwhile bought more KR shares in the recently filed quarter, changing its stake to $992,518,931 worth of shares. SSgA Funds Management Inc followed the path by increasing its KR portfolio by +0.77% in the quarter. This means that SSgA Funds Management Inc bought 277,172 shares in the last quarter and now controls 36,271,877 shares of the KR stock, with the valuation hitting $892,288,174.
Similarly, LSV Asset Management increased its The Kroger Co. shares by +1.94% during the recently filed quarter. After buying 381,847 shares in the last quarter, the firm now controls 20,050,668 shares of The Kroger Co. which are valued at $493,246,433. In the same vein, Fidelity Management Research Co increased its The Kroger Co. shares by during the most recent reported quarter. The firm bought 1,934,450 shares during the quarter which increased its stakes to 19,493,244 shares and is now valued at $479,533,802. Following these latest developments, around 0.80% of The Kroger Co. stocks are owned by institutional investors and hedge funds.