With 0.96 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.05 million shares. The 52-week range on QFIN shows that it touched its highest point at $48.94 and its lowest point at $18.13 during that stretch. It currently has a 1-year price target of $55.65. With its current market cap of 5.55 billion, QFIN has annualized dividend of $1.30 while the current yield stands at 3.03%. Beta for the stock currently stands at 0.55.
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 1.25%, but this was down by -2.30% over a month. Three-month performance surged to 3.87% while six-month performance rose 18.77%. The stock gained 121.49% in the past year, while it has gained 11.96% so far this year. A look at the trailing 12-month EPS for QFIN yields 6.51 with Next year EPS estimates of 8.08. For the next quarter, that number is 1.75. This implies an EPS growth rate of 22.37% for this year and 14.74% for next year. EPS is expected to grow by 16.99% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 18.01%.
Float and Shares Shorts:
At present, 134.47 million QFIN shares are outstanding with a float of 119.20 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.
