Earnings results for Jiayin Group (NASDAQ:JFIN)
Jiayin Group Inc. is estimated to report earnings on 11/24/2020. The upcoming earnings date is derived from an algorithm based on a company’s historical reporting dates. Our vendor, Zacks Investment Research, might revise this date in the future, once the company announces the actual earnings date. 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 $0.2.
Jiayin Group last issued its earnings data on September 2nd, 2020. The reported $0.11 EPS for the quarter, beating analysts’ consensus estimates of $0.09 by $0.02. The business earned $34.68 million during the quarter, compared to analysts’ expectations of $45 million. Jiayin Group has generated $1.44 earnings per share over the last year and currently has a price-to-earnings ratio of 6.2. Jiayin Group has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Tuesday, November 24th, 2020 based off prior year’s report dates.
Analyst Opinion on Jiayin Group (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 23.81%. 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 23.8% from its current price of $3.15. Jiayin Group has received no research coverage in the past 90 days.
Dividend Strength: Jiayin Group (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 (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 (NASDAQ:JFIN
Earnings for Jiayin Group are expected to grow by 100.00% in the coming year, from $0.40 to $0.80 per share. The P/E ratio of Jiayin Group is 6.18, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 21.49. The P/E ratio of Jiayin Group is 6.18, 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 75.06.
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