With 1.35 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.32 million shares. The 52-week range on QFIN shows that it touched its highest point at $46.25 and its lowest point at $15.06 during that stretch. It currently has a 1-year price target of $42.47. With its current market cap of 6.60 billion, QFIN has annualized dividend of $1.18 while the current yield stands at 2.81%. Beta for the stock currently stands at 0.64.
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 down-trending over the past week, with a drop of -4.70%, but this was up by 6.23% over a month. Three-month performance surged to 29.97% while six-month performance rose 68.16%. The stock gained 175.74% in the past year, while it has gained 9.28% so far this year. A look at the trailing 12-month EPS for QFIN yields 4.90 with Next year EPS estimates of 6.29. For the next quarter, that number is 1.67. This implies an EPS growth rate of 57.06% for this year and 11.37% for next year.
Float and Shares Shorts:
At present, 157.36 million QFIN shares are outstanding with a float of 143.84 million shares on hand for trading.
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.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $41.92922 being high and $40.34427 being low. For QFIN, this leads to a yearly average estimate of $41.13675. 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.
