Qiwi (NASDAQ:QIWI) posted its quarterly earnings results on Wednesday. The credit services provider reported $28.12 EPS for the quarter, missing the consensus estimate of $34.48 by ($6.36), Yahoo Finance reports. Qiwi had a net margin of 12.39% and a return on equity of 23.62%. The company had revenue of $80.50 million for the quarter, compared to analysts’ expectations of $72.30 million. Qiwi updated its FY 2020
Pre-Market guidance to EPS.
QIWI stock opened at $13.68 on Friday. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.23 and a quick ratio of 1.23. Qiwi has a 52-week low of $8.62 and a 52-week high of $25.25. The company has a 50-day moving average of $12.24 and a two-hundred day moving average of $16.73. The stock has a market capitalization of $832.93 million, a price-to-earnings ratio of 11.21 and a beta of 1.27.
A number of brokerages recently issued reports on QIWI. Zacks Investment Research cut shares of Qiwi from a “hold” rating to a “sell” rating in a report on Wednesday, April 29th. ValuEngine upgraded shares of Qiwi from a “strong sell” rating to a “sell” rating in a report on Tuesday. BidaskClub cut shares of Qiwi from a “buy” rating to a “hold” rating in a report on Thursday, March 12th. Finally, JPMorgan Chase & Co. upped their price objective on shares of Qiwi from $18.00 to $19.00 and gave the stock an “overweight” rating in a report on Thursday. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $22.00.
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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