Several other research firms have also commented on QIWI. ValuEngine lowered Qiwi from a hold rating to a sell rating in a research note on Tuesday, September 10th. Zacks Investment Research lowered Qiwi from a strong-buy rating to a hold rating in a research note on Thursday, August 22nd. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and one has assigned a buy rating to the company’s stock. The company currently has a consensus rating of Hold and an average target price of $23.50.
NASDAQ:QIWI opened at $23.08 on Wednesday. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.30 and a quick ratio of 1.30. The firm has a market capitalization of $1.36 billion, a price-to-earnings ratio of 16.30 and a beta of 1.09. Qiwi has a one year low of $11.61 and a one year high of $25.25. The business has a fifty day moving average price of $22.14 and a 200-day moving average price of $17.99.
Qiwi (NASDAQ:QIWI) last posted its quarterly earnings data on Monday, August 19th. The credit services provider reported $0.50 EPS for the quarter. The firm had revenue of $88.20 million during the quarter. Qiwi had a return on equity of 20.68% and a net margin of 13.44%. On average, equities research analysts expect that Qiwi will post 1.49 earnings per share for the current fiscal year.
The firm also recently declared a — dividend, which was paid on Thursday, September 5th. Shareholders of record on Friday, August 30th were paid a $0.28 dividend. The ex-dividend date of this dividend was Thursday, August 29th. This represents a yield of 1.2%. Qiwi’s payout ratio is presently 108.33%.
A number of hedge funds have recently modified their holdings of QIWI. Altshuler Shaham Ltd purchased a new stake in Qiwi in the 2nd quarter worth $105,000. Victory Capital Management Inc. purchased a new stake in Qiwi in the 2nd quarter worth $128,000. Krane Funds Advisors LLC purchased a new stake in Qiwi in the 2nd quarter worth $195,000. Bank of America Corp DE increased its stake in Qiwi by 321.1% in the 4th quarter. Bank of America Corp DE now owns 15,238 shares of the credit services provider’s stock worth $215,000 after buying an additional 11,619 shares in the last quarter. Finally, Marshall Wace LLP purchased a new stake in Qiwi in the 1st quarter worth $283,000. Institutional investors and hedge funds own 26.19% of the company’s stock.
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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