Jiayin Group Stock Forecast, Price & News (NASDAQ:JFIN)

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Earnings results for Jiayin Group Stock Forecast, Price & News (NASDAQ:JFIN)

Jiayin Group Inc. is expected* to report earnings on 09/02/2020 before market open. The report will be for the fiscal Quarter ending Jun 2020. According to Zacks Investment Research, based on 1 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.09. The reported EPS for the same quarter last year was $0.48.

Jiayin Group last issued its quarterly earnings results on June 11th, 2020. The reported $0.75 earnings per share for the quarter, missing analysts’ consensus estimates of $1.00 by $0.25. The business earned $44.28 million during the quarter, compared to analyst estimates of $50.80 million. Jiayin Group has generated $1.44 earnings per share over the last year and currently has a price-to-earnings ratio of 4.3. Jiayin Group has confirmed that its next quarterly earnings report will be published on Wednesday, September 2nd, 2020.

Analyst Opinion on Jiayin Group Stock Forecast, Price & News (NASDAQ:JFIN)

1 Wall Street analysts have issued ratings and price targets for Jiayin Group in the last 12 months. Their average twelve-month price target is $2.40, predicting that the stock has a possible downside of 36.00%. The high price target for JFIN is $2.40 and the low price target for JFIN is $2.40. There are currently 1 hold rating for the stock, resulting in a consensus rating of “Hold.”

Jiayin Group has received a consensus rating of Hold. The company’s average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings. According to analysts’ consensus price target of $2.40, Jiayin Group has a forecasted downside of 36.0% from its current price of $3.75. Jiayin Group has received no research coverage in the past 90 days.

Dividend Strength: Jiayin Group Stock Forecast, Price & News (NASDAQ:JFIN)

Jiayin Group does not currently pay a dividend. Jiayin Group does not have a long track record of dividend growth.

Insiders buying/selling: Jiayin Group Stock Forecast, Price & News (NASDAQ:JFIN)

In the past three months, Jiayin Group insiders have not sold or bought any company stock. Only 0.26% of the stock of Jiayin Group is held by institutions.

Earnings and Valuation of Jiayin Group Stock Forecast, Price & News (NASDAQ:JFIN

The P/E ratio of Jiayin Group is 4.26, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 19.31. The P/E ratio of Jiayin Group is 4.26, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 64.39.

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