Is it time to Buy before this week’s earning report Qiwi Stock Forecast, Price & News (NASDAQ:QIWI)

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Earnings results for Qiwi Stock Forecast, Price & News (NASDAQ:QIWI)

Estimate Momentum measures change in analyst sentiment over time and may be an indicator of future price movements. The Change in Consensus chart shows the current, 1 week ago, and 1 month ago consensus earnings per share (EPS*) forecasts. For the fiscal quarter endingJun 2020 , the consensus EPS* forecast has remained the same over the past week at 0.41 and remained the same over the past month at 0.41. none raised and none lowered their forecast. For the fiscal year ending Dec 2020 , the consensus EPS* forecast has remained the same over the past week at 1.76 and remained the same over the past month at 1.76 . none raised and none lowered their forecast.

Qiwi last announced its quarterly earnings results on May 20th, 2020. The credit services provider reported $28.12 EPS for the quarter, missing the consensus estimate of $34.48 by $6.36. The firm earned $80.50 million during the quarter, compared to analyst estimates of $72.30 million. Qiwi has generated $1.73 earnings per share over the last year and currently has a price-to-earnings ratio of 16.4. Qiwi has confirmed that its next quarterly earnings report will be published on Wednesday, August 19th, 2020.

Analyst Opinion on Qiwi Stock Forecast, Price & News (NASDAQ:QIWI)

3 Wall Street analysts have issued ratings and price targets for Qiwi in the last 12 months. Their average twelve-month price target is $26.00, predicting that the stock has a possible upside of 30.07%. The high price target for QIWI is $27.00 and the low price target for QIWI is $25.00. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus rating of “Buy.”

Qiwi has received a consensus rating of Buy. The company’s average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings. According to analysts’ consensus price target of $26.00, Qiwi has a forecasted upside of 30.1% from its current price of $19.99. Qiwi has only been the subject of 1 research reports in the past 90 days.

Dividend Strength: Qiwi Stock Forecast, Price & News (NASDAQ:QIWI)

Qiwi pays a meaningful dividend of 2.47%, higher than the bottom 25% of all stocks that pay dividends. Qiwi does not have a long track record of dividend growth. The dividend payout ratio of Qiwi is 28.32%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Qiwi will have a dividend payout ratio of 20.76% next year. This indicates that Qiwi will be able to sustain or increase its dividend.

Insiders buying/selling: Qiwi Stock Forecast, Price & News (NASDAQ:QIWI)

In the past three months, Qiwi insiders have not sold or bought any company stock. Only 29.72% of the stock of Qiwi is held by institutions.

Earnings and Valuation of Qiwi Stock Forecast, Price & News (NASDAQ:QIWI

Earnings for Qiwi are expected to grow by 34.09% in the coming year, from $1.76 to $2.36 per share. The P/E ratio of Qiwi is 16.39, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 17.32. The P/E ratio of Qiwi is 16.39, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 37.83. Qiwi has a P/B Ratio of 2.86. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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