How does Qifu Technology Inc. ADR (QFIN) change from a tortoise to a hare?

With 1.22 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.64 million shares. During the session, the Credit Services company that operates in wider Financial sector, reached to the highest price of $35.35 whereas the lowest price it dropped to was $34.8. The 52-week range on QFIN shows that it touched its highest point at $35.44 and its lowest point at $13.71 during that stretch. It currently has a 1-year price target of $41.12. With its current market cap of 5.54 billion, QFIN has annualized dividend of $1.18 while the current yield stands at 3.35%. Beta for the stock currently stands at 0.66.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of QFIN was up-trending over the past week, with a rise of 19.88%, but this was up by 4.02% over a month. Three-month performance surged to 40.73% while six-month performance rose 75.70%. The stock gained 113.01% in the past year, while it has gained 122.57% so far this year. A look at the trailing 12-month EPS for QFIN yields 4.90 with Next year EPS estimates of 6.07.

Float and Shares Shorts:

At present, 157.61 million QFIN shares are outstanding with a float of 144.49 million shares on hand for trading. On 2024-10-31, short shares totaled 1.6 million, which was 102.99999 higher than short shares on 1727654400. In addition to Mr. Haisheng Wu as the firm’s CEO & Director, Mr. Zuoli Xu CFA serves as its CFO & Director.

Institutional Ownership:

Through their ownership of 0.69302005 of QFIN’s outstanding shares, institutional investors have minority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for QFIN since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With QFIN analysts setting a high price target of 335.537 and a low target of 184.259, the average target price over the next 12 months is 278.3438. Based on these targets, QFIN could surge 852.96% to reach the target high and rise by 423.31% to reach the target low. Reaching the average price target will result in a growth of 690.52% from current levels.

Analysts have provided yearly estimates in a range of $37.41118 being high and $33.47317 being low. For QFIN, this leads to a yearly average estimate of $35.44217. The surprise factor in the prior quarter was $7.17. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.