$0.32 EPS Expected for Qiwi PLC (NASDAQ:QIWI) This Quarter

Analysts expect Qiwi PLC (NASDAQ:QIWI) to announce earnings of $0.32 per share for the current fiscal quarter, according to Zacks Investment Research. Zero analysts have issued estimates for Qiwi’s earnings. Qiwi posted earnings per share of $0.22 in the same quarter last year, which indicates a positive year over year growth rate of 45.5%. The company is expected to announce its next earnings results on Wednesday, November 13th.

On average, analysts expect that Qiwi will report full year earnings of $1.49 per share for the current year, with EPS estimates ranging from $1.44 to $1.53. For the next financial year, analysts forecast that the business will post earnings of $2.01 per share, with EPS estimates ranging from $1.90 to $2.12. Zacks’ earnings per share averages are a mean average based on a survey of sell-side research analysts that cover Qiwi.

Qiwi (NASDAQ:QIWI) last issued its quarterly earnings results on Monday, August 19th. The credit services provider reported $0.50 earnings per share for the quarter. Qiwi had a return on equity of 20.68% and a net margin of 13.44%. The business had revenue of $88.20 million for the quarter.

QIWI has been the topic of a number of research analyst reports. Zacks Investment Research lowered Qiwi from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 22nd. ValuEngine downgraded Qiwi from a “hold” rating to a “sell” rating in a report on Tuesday, September 10th. Finally, BidaskClub raised Qiwi from a “hold” rating to a “buy” rating in a report on Thursday, August 22nd. One analyst has rated the stock with a sell rating, one has issued a hold rating and two have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $23.50.

Institutional investors have recently added to or reduced their stakes in the stock. Altshuler Shaham Ltd acquired a new stake in shares of Qiwi during the second quarter worth about $105,000. Victory Capital Management Inc. acquired a new stake in shares of Qiwi during the second quarter worth about $128,000. Krane Funds Advisors LLC acquired a new stake in shares of Qiwi during the second quarter worth about $195,000. Stevens Capital Management LP acquired a new stake in shares of Qiwi during the first quarter worth about $176,000. Finally, LPL Financial LLC acquired a new stake in shares of Qiwi during the second quarter worth about $291,000. 26.19% of the stock is owned by hedge funds and other institutional investors.

Shares of QIWI stock traded down $0.21 during trading hours on Friday, reaching $22.96. 345,786 shares of the company’s stock were exchanged, compared to its average volume of 462,287. Qiwi has a 1 year low of $11.61 and a 1 year high of $25.25. The stock has a market cap of $1.41 billion, a PE ratio of 23.92 and a beta of 1.09. The company has a current ratio of 1.30, a quick ratio of 1.30 and a debt-to-equity ratio of 0.02. The stock’s fifty day moving average price is $22.00 and its two-hundred day moving average price is $17.68.

The company also recently announced a — dividend, which was paid on Thursday, September 5th. Investors of record on Friday, August 30th were issued a dividend of $0.28 per share. This represents a dividend yield of 1.2%. The ex-dividend date of this dividend was Thursday, August 29th. Qiwi’s dividend payout ratio (DPR) is 108.33%.

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 offers payment services across online, mobile, and physical channels through a network of approximately 109,000 kiosks and 43,000 terminals that run its proprietary software.

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