NYSE:PPDFPPDAI Group Stock Price, Forecast & News

PPDAI Group's stock was trading at $1.68 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, PPDF stock has increased by 28.6% and is now trading at $2.16. 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 earnings results on Tuesday, November, 19th. The company reported $1.89 earnings per share for the quarter, missing the Zacks' consensus estimate of $1.91 by $0.02. The company earned $1.51 billion during the quarter, compared to analysts' expectations of $1.65 billion. PPDAI Group had a net margin of 47.72% and a return on equity of 40.74%. The company's revenue was up 35.0% on a year-over-year basis. During the same quarter last year, the company earned $2.07 EPS. View PPDAI Group's earnings history.

2 analysts have issued 1 year price targets for PPDAI Group's stock. Their forecasts range from $5.80 to $5.80. On average, they expect PPDAI Group's share price to reach $5.80 in the next year. This suggests a possible upside of 168.5% from the stock's current price. View analysts' price targets for PPDAI Group.

Media stories about PPDF stock have been trending neutral recently, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. PPDAI Group earned a coverage optimism score of 0.2 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the near term. View the latest news about PPDAI Group.

Some companies that are related to PPDAI Group include SLM (SLM), LGI Homes (LGIH), Cushman & Wakefield (CWK), Artisan Partners Asset Management (APAM), MGIC Investment (MTG), Federated Investors (FII), Focus Financial Partners (FOCS), EPR Properties (EPR), LexinFintech (LX), CIELO S A/S (CIOXY), Home Bancshares (HOMB), Taubman Centers (TCO), IBERIABANK (IBKC), CVB Financial (CVBF) and Weingarten Realty Investors (WRI). 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 a price of $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 $2.16.

PPDAI Group has a market capitalization of $642.28 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]