As the world becomes increasingly uncertain, Qudian Inc. (QD) offers stability

Qudian Inc. (NYSE: QD) closed the day trading at $1.14 up 5.56% from the previous closing price of $1.08. In other words, the price has increased by $+0.0600 from its previous closing price. On the day, 1104235 shares were traded. QD stock price reached its highest trading level at $1.1500 during the session, while it also had its lowest trading level at $1.0850.

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A new megatrend in the fintech market is well underway. Mobile payments are projected to boom into a massive $12 trillion market by 2028. According to Motley Fool this growth stock could "deliver huge returns." Not only in the immediate future but also over the next decade. Especially since the man behind this company is a serial entrepreneur who has been wildly successful over the years.

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For a better understanding of QD, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.23 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1.26. For the most recent quarter (mrq), Quick Ratio is recorded 9.40 and its Current Ratio is at 9.40. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.00.

Upgrades & Downgrades

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 2.31 while its Price-to-Book (P/B) ratio in mrq is 0.16.

Stock Price History:

Over the past 52 weeks, QD has reached a high of $2.18, while it has fallen to a 52-week low of $0.63. The 50-Day Moving Average of the stock is 0.9242, while the 200-Day Moving Average is calculated to be 0.9786.

Shares Statistics:

Over the past 3-months, QD traded about 879.94K shares per day on average, while over the past 10 days, QD traded about 1.46M shares per day. A total of 245.22M shares are outstanding, with a floating share count of 176.32M. Insiders hold about 1.60% of the company’s shares, while institutions hold 19.00% stake in the company. Shares short for QD as of Oct 13, 2022 were 3.06M with a Short Ratio of 2.74M, compared to 3.55M on Sep 14, 2022.

Earnings Estimates

Current recommendations for the stock of the company come from 0 analysts. On average, analysts expect EPS of $0 for the current quarter, with a high estimate of $0 and a low estimate of $0, while EPS last year was $0.28. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.

Analysts are recommending an EPS of between -$0.13 and -$0.13 for the fiscal current year, implying an average EPS of -$0.13. EPS for the following year is -$0.04, with 1 analysts recommending between -$0.04 and -$0.04.

Revenue Estimates

A total of 1 analysts have provided revenue estimates for QD’s current fiscal year. The highest revenue estimate was $74.35M, while the lowest revenue estimate was $74.35M, resulting in an average revenue estimate of $74.35M. In the same quarter a year ago, actual revenue was $247.09M, down -69.90% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $50.44M in the next fiscal year. The high estimate is $50.44M and the low estimate is $50.44M. The average revenue growth estimate for next year is down -32.20% from the average revenue estimate for this year.