Other research analysts have also recently issued reports about the stock. Zacks Investment Research cut shares of Qiwi from a buy rating to a hold rating in a research report on Saturday, February 1st. Goldman Sachs Group started coverage on shares of Qiwi in a research report on Monday, November 25th. They set a buy rating and a $27.00 target price on the stock. Finally, William Blair reissued a market perform rating on shares of Qiwi in a research report on Wednesday, November 20th. One research analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company. The stock has an average rating of Hold and a consensus target price of $22.67.
NASDAQ QIWI opened at $20.43 on Tuesday. The company’s fifty day simple moving average is $19.29 and its 200-day simple moving average is $20.36. Qiwi has a 52 week low of $12.93 and a 52 week high of $25.25. The company has a current ratio of 1.30, a quick ratio of 1.30 and a debt-to-equity ratio of 0.04. The stock has a market cap of $1.21 billion, a P/E ratio of 16.21 and a beta of 0.99.
Qiwi (NASDAQ:QIWI) last posted its earnings results on Wednesday, November 20th. The credit services provider reported $0.47 EPS for the quarter, topping analysts’ consensus estimates of $0.32 by $0.15. Qiwi had a net margin of 13.53% and a return on equity of 23.70%. The business had revenue of $5.99 billion for the quarter, compared to analysts’ expectations of $5.78 billion. During the same period in the previous year, the company posted $18.99 earnings per share. The business’s revenue for the quarter was up 14.6% compared to the same quarter last year. On average, research analysts expect that Qiwi will post 1.57 EPS for the current fiscal year.
Institutional investors and hedge funds have recently bought and sold shares of the stock. NumerixS Investment Technologies Inc acquired a new stake in Qiwi in the fourth quarter valued at $29,000. Banque Cantonale Vaudoise acquired a new stake in Qiwi in the fourth quarter valued at $49,000. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. raised its holdings in Qiwi by 124.0% in the fourth quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 2,798 shares of the credit services provider’s stock valued at $53,000 after acquiring an additional 1,549 shares in the last quarter. Pinebridge Investments L.P. raised its holdings in Qiwi by 153.8% in the fourth quarter. Pinebridge Investments L.P. now owns 12,656 shares of the credit services provider’s stock valued at $245,000 after acquiring an additional 7,670 shares in the last quarter. Finally, Barclays PLC raised its holdings in Qiwi by 311.3% in the third quarter. Barclays PLC now owns 15,234 shares of the credit services provider’s stock valued at $334,000 after acquiring an additional 11,530 shares in the last quarter. 28.76% of the stock is currently owned by hedge funds and other institutional investors.
Qiwi Company Profile
Qiwi plc, together with its subsidiaries, operates electronic online payment systems primarily in the Russian Federation, Kazakhstan, Moldova, Belarus, Romania, the United Arab Emirates, and internationally. The company offers payment services across online, mobile, and physical channels through a network of approximately 109,000 kiosks and 43,000 terminals that run its proprietary software.
Read More: Trading based on a resistance level
Receive News & Ratings for Qiwi Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Qiwi and related companies with MarketBeat.com's FREE daily email newsletter.