Qiwi PLC (NASDAQ:QIWI) has received a consensus rating of “Hold” from the six analysts that are covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation, one has given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $18.00.
A number of equities research analysts have weighed in on QIWI shares. Zacks Investment Research raised Qiwi from a “sell” rating to a “hold” rating and set a $16.00 price objective on the stock in a report on Friday, November 16th. ValuEngine upgraded shares of Qiwi from a “strong sell” rating to a “sell” rating in a research note on Tuesday, October 23rd. Finally, BidaskClub cut shares of Qiwi from a “buy” rating to a “hold” rating in a research note on Friday, December 7th.
Several large investors have recently bought and sold shares of the company. Standard Life Aberdeen plc raised its stake in shares of Qiwi by 4.2% in the third quarter. Standard Life Aberdeen plc now owns 30,100 shares of the credit services provider’s stock valued at $396,000 after acquiring an additional 1,200 shares during the last quarter. Quantamental Technologies LLC bought a new position in shares of Qiwi in the fourth quarter valued at approximately $37,000. Financial Gravity Companies Inc. bought a new position in shares of Qiwi in the fourth quarter valued at approximately $65,000. California Public Employees Retirement System raised its stake in shares of Qiwi by 5.7% in the second quarter. California Public Employees Retirement System now owns 79,854 shares of the credit services provider’s stock valued at $1,258,000 after acquiring an additional 4,339 shares during the last quarter. Finally, Capital Fund Management S.A. raised its stake in shares of Qiwi by 28.1% in the third quarter. Capital Fund Management S.A. now owns 29,200 shares of the credit services provider’s stock valued at $385,000 after acquiring an additional 6,400 shares during the last quarter. Institutional investors own 29.34% of the company’s stock.
NASDAQ QIWI traded down $0.05 during trading on Wednesday, reaching $15.94. 65,923 shares of the company traded hands, compared to its average volume of 195,893. The company has a market capitalization of $717.98 million, a price-to-earnings ratio of 18.38 and a beta of 1.76. Qiwi has a 1-year low of $11.61 and a 1-year high of $20.05.
Qiwi (NASDAQ:QIWI) last released its quarterly earnings data on Wednesday, November 14th. The credit services provider reported $18.99 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $18.81. The company had revenue of $5.23 billion for the quarter, compared to the consensus estimate of $4.64 billion. Qiwi had a return on equity of 14.40% and a net margin of 11.52%. The company’s quarterly revenue was up 61.5% on a year-over-year basis. During the same period in the previous year, the business earned $17.38 earnings per share. Equities analysts expect that Qiwi will post 0.79 EPS for the current year.
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.
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