QIWI has been the topic of several other reports. JPMorgan Chase & Co. upped their price objective on Qiwi from $19.00 to $25.00 and gave the company an overweight rating in a research report on Thursday, June 18th. Zacks Investment Research upgraded shares of Qiwi from a sell rating to a hold rating in a report on Thursday, May 28th. Finally, ValuEngine upgraded shares of Qiwi from a strong sell rating to a sell rating in a report on Tuesday, May 19th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. The company has a consensus rating of Buy and a consensus price target of $24.00.
Shares of QIWI opened at $17.32 on Tuesday. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 0.11. Qiwi has a 52-week low of $8.62 and a 52-week high of $25.25. The company has a 50-day simple moving average of $14.64 and a 200-day simple moving average of $15.87. The company has a market capitalization of $1.06 billion, a PE ratio of 14.20 and a beta of 1.30.
Qiwi (NASDAQ:QIWI) last issued its earnings results on Wednesday, May 20th. The credit services provider reported $28.12 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $34.48 by ($6.36). The company had revenue of $80.50 million during the quarter, compared to analysts’ expectations of $72.30 million. Qiwi had a net margin of 12.39% and a return on equity of 24.62%. On average, research analysts anticipate that Qiwi will post 1.77 EPS for the current year.
The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Tuesday, June 2nd were paid a $0.14 dividend. The ex-dividend date of this dividend was Monday, June 1st. This represents a $0.56 annualized dividend and a yield of 3.23%. Qiwi’s payout ratio is currently 28.32%.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. NumerixS Investment Technologies Inc acquired a new stake in Qiwi in the 4th quarter worth about $29,000. Banque Cantonale Vaudoise acquired a new stake in shares of Qiwi in the fourth quarter worth approximately $49,000. Advisor Group Holdings Inc. purchased a new stake in Qiwi in the first quarter valued at approximately $85,000. Krane Funds Advisors LLC grew its holdings in Qiwi by 79.9% in the first quarter. Krane Funds Advisors LLC now owns 11,791 shares of the credit services provider’s stock valued at $126,000 after purchasing an additional 5,236 shares during the period. Finally, Pinebridge Investments L.P. increased its position in Qiwi by 153.8% during the fourth quarter. Pinebridge Investments L.P. now owns 12,656 shares of the credit services provider’s stock worth $245,000 after purchasing an additional 7,670 shares during the last quarter. Hedge funds and other institutional investors own 31.46% of the company’s stock.
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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