Why I Will Never Buy Yirendai Ltd. Stock
Chinese online lender Yirendai (NYSE: YRD) might initially seem like a good investment. Analysts expect its revenue and EPS to respectively rise 69% and 7% this year, followed by 40% sales growth and 44% earnings growth next year.
Yirendai's stock also looks cheap at 10 times earnings and 8 times next year's earnings, and the company recently paid a special dividend of $1.50 per share (a 3.5% yield when it was paid in late September) and introduced a semi-annual dividend equivalent to roughly 15% of its net income.
Image source: Getty Images.
Source: Fool.com
Yirendai Ltd ADR Stock
€4.24
-
The community is currently still undecided about Yirendai Ltd ADR with 2 Buy predictions and 0 Sell predictions.
As a result the target price of 6 € shows a positive potential of 41.51% compared to the current price of 4.24 € for Yirendai Ltd ADR.
