NYSE:PPDFPPDAI Group Stock Price, Forecast & News

PPDAI Group's stock was trading at $1.68 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, PPDF shares have increased by 9.5% and is now trading at $1.84. View which stocks have been most impacted by Coronavirus.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PPDAI Group in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for PPDAI Group.

PPDAI Group Inc - (NYSE:PPDF) released its quarterly earnings data on Tuesday, November, 19th. The company reported $1.89 EPS for the quarter, missing the consensus estimate of $1.91 by $0.02. The business earned $1.51 billion during the quarter, compared to the consensus estimate of $1.65 billion. PPDAI Group had a net margin of 47.72% and a return on equity of 40.74%. The business's revenue was up 35.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.07 earnings per share. View PPDAI Group's earnings history.

2 Wall Street analysts have issued 12 month price objectives for PPDAI Group's stock. Their forecasts range from $5.80 to $5.80. On average, they anticipate PPDAI Group's stock price to reach $5.80 in the next year. This suggests a possible upside of 215.2% from the stock's current price. View analysts' price targets for PPDAI Group.

Press coverage about PPDF stock has trended negative this week, InfoTrie Sentiment Analysis reports. The research firm ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. PPDAI Group earned a news sentiment score of -2.8 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 7.0 out of 10, meaning that recent media coverage is likely to have an impact on the stock's share price in the immediate future. View the latest news about PPDAI Group.

Some companies that are related to PPDAI Group include Outfront Media (OUT), National Storage Affiliates Trust (NSA), LexinFintech (LX), Shopping Cntrs Austrls Prprty Gp Re (SCP), Investors Bancorp (ISBC), Canadian Western Bank (CWB), Washington Federal (WAFD), Cathay General Bancorp (CATY), Grainger (GRI), Main Street Capital (MAIN), Nelnet (NNI), Moelis & Co (MC), AssetMark Financial (AMK), First Interstate Bancsystem (FIBK) and International Bancshares (IBOC). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other PPDAI Group investors own include Qudian (QD), Yirendai (YRD), Adobe (ADBE), Align Technology (ALGN), salesforce.com (CRM), GW Pharmaceuticals PLC- (GWPH), Lumentum (LITE), AcelRx Pharmaceuticals (ACRX), Medmen Enterprises (MMNFF) and New Age Beverages (NBEV).

(PPDF) raised $298 million in an initial public offering on Friday, November 10th 2017. The company issued 17,000,000 shares at $16.00-$19.00 per share. Credit Suisse and Citigroup acted as the underwriters for the IPO and Keefe, Bruyette & Woods (A Stifel Company) was co-manager.

PPDAI Group trades on the New York Stock Exchange (NYSE) under the ticker symbol "PPDF."

Shares of PPDF can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of PPDF stock can currently be purchased for approximately $1.84.

PPDAI Group has a market capitalization of $547.12 million and generates $632.82 million in revenue each year. PPDAI Group employs 4,146 workers across the globe.

The official website for PPDAI Group is www.ppdai.com.

PPDAI Group's mailing address is Building G1 No. 999 Dangui Road Pudong New District, Shanghai F4, 201203. The company can be reached via phone at 86-21-8030-3200 or via email at [email protected]