Media stories about Yirendai (NYSE:YRD) have trended somewhat positive recently, Accern reports. The research firm ranks the sentiment of news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Yirendai earned a daily sentiment score of 0.02 on Accern’s scale. Accern also gave media coverage about the technology company an impact score of 45.4984624445445 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
These are some of the headlines that may have effected Accern Sentiment’s scoring:
- Yirendai Ltd. (YRD) Given Consensus Rating of “Hold” by Analysts (americanbankingnews.com)
- Matador Resources Company (MTDR) has a value of $26.48 per share While Yirendai Ltd. (YRD) is stand at $44.74 – Stocks Gallery (stocksgallery.com)
- Zacks Investment Research Lowers Yirendai Ltd. (YRD) to Hold (americanbankingnews.com)
- Technical Facts for Investment in Yirendai Ltd. (YRD) – Wall Street Morning (wallstreetmorning.com)
- Initiating Research Reports on Credit Services Equities — Blackhawk Network, Qiwi PLC, Equifax, and Yirendai – PR Newswire (press release) (prnewswire.com)
Shares of Yirendai (YRD) opened at 46.92 on Wednesday. The company has a 50-day moving average of $42.62 and a 200 day moving average of $31.39. Yirendai has a 12 month low of $19.85 and a 12 month high of $50.59. The company has a market cap of $2.81 billion, a PE ratio of 13.78 and a beta of 8.51.
Yirendai (NYSE:YRD) last announced its quarterly earnings data on Tuesday, August 1st. The technology company reported $0.66 earnings per share for the quarter, missing analysts’ consensus estimates of $0.70 by ($0.04). Yirendai had a net margin of 32.37% and a return on equity of 80.79%. The firm had revenue of $773.79 million during the quarter, compared to analysts’ expectations of $153.78 million. During the same quarter in the previous year, the business posted $0.66 EPS. The company’s revenue for the quarter was up 343.4% on a year-over-year basis. On average, analysts anticipate that Yirendai will post $2.92 earnings per share for the current year.
The business also recently announced a special dividend, which will be paid on Monday, October 16th. Shareholders of record on Friday, September 29th will be paid a $1.50 dividend. The ex-dividend date is Thursday, September 28th. Yirendai’s dividend payout ratio (DPR) is presently 45.40%.
A number of analysts have recently commented on YRD shares. Zacks Investment Research raised shares of Yirendai from a “hold” rating to a “buy” rating and set a $45.00 price objective on the stock in a report on Saturday, September 2nd. ValuEngine downgraded shares of Yirendai from a “strong-buy” rating to a “buy” rating in a report on Friday, August 11th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $42.00 price objective (up previously from $33.00) on shares of Yirendai in a report on Tuesday, August 1st. They noted that the move was a valuation call.
Yirendai Ltd. is engaged in online consumer finance marketplace business in China. The Company conducts its business in China, through Yi Ren Heng Ye Technology Development (Beijing) Co, Ltd. (Heng Ye) and its consolidated variable interest entity, Heng Cheng Technology Development (Beijing) Co, Ltd.
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