With 1.23 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.23 million shares. The 52-week range on QFIN shows that it touched its highest point at $46.25 and its lowest point at $15.19 during that stretch. It currently has a 1-year price target of $43.70. With its current market cap of 6.41 billion, QFIN has annualized dividend of $1.18 while the current yield stands at 2.90%. Beta for the stock currently stands at 0.67.
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 2.70%, but this was down by -5.19% over a month. Three-month performance surged to 13.07% while six-month performance rose 66.60%. The stock gained 168.27% in the past year, while it has gained 6.18% so far this year. A look at the trailing 12-month EPS for QFIN yields 4.90 with Next year EPS estimates of 6.32. For the next quarter, that number is 1.67. This implies an EPS growth rate of 57.89% for this year and 11.39% for next year.
Float and Shares Shorts:
At present, 157.36 million QFIN shares are outstanding with a float of 143.87 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 $41.93024 being high and $40.34525 being low. For QFIN, this leads to a yearly average estimate of $41.13775. 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.
