Yirendai (NYSE:YRD) will announce its earnings results after the market closes on Thursday, November 14th.
Yirendai (NYSE:YRD) last announced its earnings results on Tuesday, September 3rd. The technology company reported $0.24 earnings per share for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.24). The company had revenue of $322.89 million for the quarter. Yirendai had a net margin of 15.30% and a return on equity of 32.93%.
Shares of YRD traded down $0.07 during trading hours on Tuesday, reaching $6.26. 2,044 shares of the company traded hands, compared to its average volume of 132,327. The company’s fifty day moving average price is $6.88 and its two-hundred day moving average price is $11.26. The company has a market capitalization of $396.45 million, a price-to-earnings ratio of 1.38 and a beta of 2.66. The company has a quick ratio of 3.84, a current ratio of 3.84 and a debt-to-equity ratio of 0.13. Yirendai has a 12 month low of $6.04 and a 12 month high of $17.77.
Several equities research analysts recently commented on YRD shares. ValuEngine raised shares of Yirendai from a “strong sell” rating to a “sell” rating in a research note on Wednesday, October 2nd. Citigroup lowered shares of Yirendai from a “neutral” rating to a “sell” rating and dropped their price objective for the stock from $13.90 to $6.10 in a research note on Thursday, October 3rd. Zacks Investment Research cut shares of Yirendai from a “buy” rating to a “hold” rating in a report on Sunday, September 8th. Macquarie cut shares of Yirendai from a “neutral” rating to an “underperform” rating and set a $6.00 target price for the company. in a report on Wednesday, September 4th. Finally, Credit Suisse Group reaffirmed a “neutral” rating and issued a $6.92 target price on shares of Yirendai in a report on Wednesday, October 9th. Three research analysts have rated the stock with a sell rating and two have assigned a hold rating to the stock. Yirendai has a consensus rating of “Sell” and a consensus target price of $8.51.
Yirendai Company Profile
Yirendai Ltd. operates as an online consumer finance marketplace that connects borrowers and investors primarily in the People's Republic of China. It offers standard loan products; and fasttrack loan products through mobile applications. The company also provides investing tools. The company was founded in 2012 and is based in Beijing, the People's Republic of China.
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