Positive Press Coverage Somewhat Unlikely to Impact Qiwi (QIWI) Share Price

Headlines about Qiwi (NASDAQ:QIWI) have been trending positive on Monday, according to Accern Sentiment Analysis. Accern identifies positive and negative media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Qiwi earned a news impact score of 0.31 on Accern’s scale. Accern also assigned media coverage about the credit services provider an impact score of 46.1380907818414 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

Here are some of the news headlines that may have impacted Accern’s rankings:

QIWI stock opened at $19.11 on Monday. Qiwi has a 1-year low of $13.66 and a 1-year high of $26.55. The firm has a market cap of $858.08, a price-to-earnings ratio of 18.38 and a beta of 2.88.

Qiwi (NASDAQ:QIWI) last released its earnings results on Wednesday, March 28th. The credit services provider reported $10.48 earnings per share for the quarter, beating the consensus estimate of $0.13 by $10.35. Qiwi had a net margin of 15.11% and a return on equity of 18.49%. The firm had revenue of $4.12 billion during the quarter, compared to analyst estimates of $3.33 billion. During the same quarter in the previous year, the firm earned $15.43 earnings per share. The firm’s revenue for the quarter was up 45.9% compared to the same quarter last year.

Several analysts have weighed in on QIWI shares. BidaskClub upgraded shares of Qiwi from a “strong sell” rating to a “sell” rating in a research note on Thursday, December 21st. ValuEngine upgraded shares of Qiwi from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, March 7th. Finally, Zacks Investment Research upgraded shares of Qiwi from a “sell” rating to a “hold” rating in a research note on Saturday, March 10th. Three investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $22.67.

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Qiwi Company Profile

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 provides payment services across physical, online, and mobile channels through a network of approximately 113,000 kiosks and 49,000 terminals that run its proprietary software.

Insider Buying and Selling by Quarter for Qiwi (NASDAQ:QIWI)

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