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Yiren Digital Ltd. (YRD)

NYSE - NYSE Delayed Price. Currency in USD
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3.7500+0.0800 (+2.18%)
At close: 4:00PM EDT
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  • M
    Mars I
    YRD is significantly undervalued and under-appreciated. The business model is being transformed to be light-weight with less credit risk as per the latest quarterly report. And it is now selling below its tangible book value for a business that likely will grow again in a more diversified way. Targeting $10.
    Bullish
  • D
    Donald
    yrd plans to release its unaudited financial results for the quarter and full year ended December 31, 2020 before U.S. market opens on Thursday, April 1, 2021.
  • H
    Health Master
    I made $ with GME, AMC, NVAX, MRNA (sold already), now buying YRD (Value looks better than GME!)

    [YRD] Yiren Digital, Undervalued [$40-$124] Price Target

    Summary:

    10day MA+ moving higher
    Enterpise Value to Market Cap.+ attractive
    Short Ratio+
    MACD↑ increasing
    Chart Base built (Cup & Handle positive formation)
    Insiders & 13F filers+
    86% undervalued $40 short term Fair Value (SimplyWallST),
    Long Term FV of $124 (YahooPremium) 162% Est. return.

    Can buy in Premarket & Extended Trading.

    Free update Updates:

    Twitter-

    https://twitter.com/AbsoluteDeepVa1

    Reddit-

    https://www.reddit.com/r/AbsoluteDeepValue/
    Bullish
  • M
    Mars I
    YRD is deeply undervalued, just look at the balance sheet, the business model pivot, and insider ownership.
    Bullish
  • D
    Donald
    Anyone knows when is the ER date? well past due this time...
  • Y
    Yahoo Finance Insights
    Yiren Digital reached a 52 Week high at 5.29
  • l
    luca
    Are their numbers real?? It seems impossible
  • D
    Donald
    It is alive...haha
    Bullish
  • M
    Mohamad
    $10 soon
  • J
    Jeffery
    What's with this company? It can't even get it's act together to report it earnings.
  • 😎
    Dont sell. We BLEW away earnings estimates. We will be rewarded eventually with a lot more. It just takes patience.
  • T
    Tatyana
    fair I meant
  • p
    p h
    Blowout top and bottom line!
    Revs up 70% (forcast for 60)and eps 1.14 ( forcast 89)
  • p
    p h
    Beat and raised guidance
  • A
    Alex
    > 300 M cash off 700 M Mkt Cap. P/E of 4, with growth. Down bc last year’s regulation of P2P lenders, YRD market leader and in compliance. Exciting future and severely undervalued.
    Bullish
  • D
    David
    Why Yerendai will make it through China's increase in P2P lending regulations Read it here:

    https://www.forbes.com/sites/sarahsu/2018/04/17/chinese-p2p-players-yirendai-and-hexindai-on-making-it-in-chinas-lending-industry/
    Two of China's largest P2P lenders discuss regulations in the industry, risks faced by their companies, and their future business plans.
    Two of China's largest P2P lenders discuss regulations in the industry, risks faced by their companies, and their future business plans.
    www.forbes.com
  • S
    Starlord
    12% down with positive earnings. Why...
  • S
    Serhii
    @Dan
    1) YRD is P2P lender (takes money from "investors" and provides money to "borrowers"). However, YRD guarantees ALL returns to "investors" in one or another way. I.e. YRD takes all the risks related to borrowing. To be compensated for this risk, YRD pays investors 10-12%, while YRD charge to Borrowers these 10-12% + 14-27% one-off comission.

    2) GAAP related adjustment to revenue was regarding YRD one-off commission to borrower. Before 2018 it was recognized ratably over the life of the loan. Starting from 2018 it is recognized when billed. I believe, YRD is deducting it straight from the body of the loan, however, in their financial statements they say that they can not guarantee, that regulator will allow that in the future (this thing is ongoing).

    3) It seems, that YRD writes-off around 10% of loans they issue, which is OK, taking into account that they charge in average more than 20% commissions on loans they issue. As I understand, they reserve around 8%. They also try to insure some of the loans with third-party insurer.
  • p
    p h
    Since YRD issues a dividend, so we know its not a fraud
    This year the transition to subscription revenue plan limited earnings growth, but next year we should see bottom line growth resume at a higher rate, so....
  • S
    Scott
    Looking to expand operations? No further info in news release...

    "BEIJING, June 19, 2018 /PRNewswire/ -- Yirendai Ltd. (NYSE: YRD) ("Yirendai" or the "Company"), a leading fintech company in China, announced today that Goldman Sachs, a leading global investment banking firm, has provided the Company with RMB 324 million of funding for a term of 3 years."