Qiwi (NASDAQ:QIWI) posted its quarterly earnings data on Tuesday. The credit services provider reported $18.74 EPS for the quarter, missing analysts’ consensus estimates of $18.87 by ($0.13), MarketWatch Earnings reports. Qiwi had a net margin of 12.38% and a return on equity of 24.42%. The firm had revenue of $10.69 billion for the quarter, compared to analysts’ expectations of $6.31 billion. During the same quarter last year, the company posted $16.40 EPS. The firm’s revenue was up 15.2% compared to the same quarter last year. Qiwi updated its FY 2020
Pre-Market guidance to EPS.
NASDAQ:QIWI opened at $9.71 on Thursday. The stock has a 50-day simple moving average of $16.61 and a two-hundred day simple moving average of $19.18. Qiwi has a 52-week low of $8.62 and a 52-week high of $25.25. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.30 and a current ratio of 1.30. The firm has a market capitalization of $564.83 million, a PE ratio of 7.96 and a beta of 0.87.
Several analysts have issued reports on QIWI shares. Zacks Investment Research raised Qiwi from a “hold” rating to a “buy” rating and set a $20.00 price target for the company in a report on Tuesday, March 3rd. BidaskClub lowered Qiwi from a “buy” rating to a “hold” rating in a report on Thursday, March 12th. Finally, JPMorgan Chase & Co. cut their price target on Qiwi from $28.00 to $25.00 and set an “overweight” rating for the company in a report on Wednesday, March 11th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $24.00.
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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