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Qifu Technology (QFIN)
NASDAQ:QFIN
Qifu Technology (QFIN) Stock Price & Analysis
581 Followers
QFIN Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$13.29 - $21.57
Previous Close$19.24
Volume953.16K
Average Volume (3M)1.19M
Market Cap
$3.10B
Enterprise Value$3.14B
Total Cash (Recent Filing)¥0.00
Total Debt (Recent Filing)¥150.00M
Price to Earnings (P/E)5.0
Beta0.92
Next Earnings
Aug 20, 2024EPS Estimate
$1.04Last Dividend Ex-Date
Apr 12, 2024Dividend Yield5.51%
Share Statistics
EPS (TTM)3.87
Shares Outstanding155,254,475
10 Day Avg. Volume1,190,855
30 Day Avg. Volume1,188,946
Standard Deviation0.18
R-Squared0.02
Alpha0.01
Financial Highlights & Ratios
Price to Book (P/B)0.15
Price to Sales (P/S)0.18
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$25.20Price Target Upside30.98% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
Qifu Technology News
PremiumCompany Announcements
Qifu Technology Reports Profitable Q1 2024
PremiumPre-Earnings
Is QFIN a Buy, Before Earnings?
PremiumCompany Announcements
Qifu Technology Sets Date for Shareholder Meet
PremiumCompany Announcements
Qifu Technology Sets Date for Q1 2024 Financial Results
PremiumCompany Announcements
Qifu Technology Highlights ESG Commitment in 2023 ReportBulls Say, Bears Say
Bulls Say
Non-GAAP Net ProfitNon-GAAP net profit rose 4.7% quarter over quarter, exceeding expectations and highlighting efficient company operations.
Share BuybackShare buyback execution is proceeding faster than scheduled, indicating strong financial health and management's confidence in the company's value.
Stock RatingAnalyst recommends a BUY rating with a raised price objective from 22.40 USD to 25.00 USD, reflecting confidence in the stock's potential.
Bears Say
Loan VolumeLoan volume was -3.4% q-q /+13.8% y-y at RMB119bn in 4Q23 due to tightened loan approval standards.
LoansNew loans expected to decline 14% QoQ due to tightened loan underwriting standards and seasonality.
RevenueFirst quarter revenue declined 7.6% quarter over quarter, missing estimates, suggesting potential challenges in growth.
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Ownership Overview
0.00%
Insiders
4.26% Mutual Funds
11.86% Other Institutional Investors
83.88% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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QFIN FAQ
What was Qifu Technology’s price range in the past 12 months?
Qifu Technology lowest stock price was $13.29 and its highest was $21.57 in the past 12 months.
What is Qifu Technology’s market cap?
Currently, no data Available
When is Qifu Technology’s upcoming earnings report date?
Qifu Technology’s upcoming earnings report date is Aug 20, 2024 which is in 29 days.
How were Qifu Technology’s earnings last quarter?
Qifu Technology released its earnings results on May 19, 2024. The company reported $1.004 earnings per share for the quarter, missing the consensus estimate of $1.005 by >-$0.001.
Is Qifu Technology overvalued?
According to Wall Street analysts Qifu Technology’s price is currently Undervalued.
Does Qifu Technology pay dividends?
Qifu Technology pays a Semiannually dividend of $0.57 which represents an annual dividend yield of 5.51%. See more information on Qifu Technology dividends here
What is Qifu Technology’s EPS estimate?
Qifu Technology’s EPS estimate is $1.04.
How many shares outstanding does Qifu Technology have?
Qifu Technology has 162,795,880 shares outstanding.
What happened to Qifu Technology’s price movement after its last earnings report?
Qifu Technology reported an EPS of $1.004 in its last earnings report, missing expectations of $1.005. Following the earnings report the stock price went up 12.626%.
Which hedge fund is a major shareholder of Qifu Technology?
Among the largest hedge funds holding Qifu Technology’s share is Causeway Capital Management LLC. It holds Qifu Technology’s shares valued at 22M.
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Qifu Technology Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$25.20 (30.98% Upside)
$25.20 (30.98% Upside)
Blogger Sentiment
Bullish
QFIN Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Increased
By 29.7K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▲ 2.0%
Last 30 Days ▲ 1.0%
Last 30 Days ▲ 1.0%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
12.56%
12-Months-Change
Fundamentals
Return on Equity
21.30%
Trailing 12-Months
Asset Growth
10.31%
Trailing 12-Months
Company Description
Qifu Technology
360 Finance, Inc. is a holding company, which engages in the provision of digital consumer finance platform. It provides tailored online consumer finance products to prime, underserved borrowers funded primarily by its funding partners. The company proprietary technology platform supports full transaction lifecycle from credit application through settlement. 360 Finance was founded on July 25, 2016 and is headquartered in Shanghai, China.
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QFIN Company Deck
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QFIN Earnings Call
Q1 2024
0:00 / 0:00
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QFIN Stock 12 Month Forecast
Average Price Target
$25.20
▲(30.98% Upside)
Technical Analysis
Best Analysts Covering QFIN
1 Year
1 Year Success Rate
4/5 ratings generated profit
1 Year Average Return
+24.62%
reiterated a buy rating 4 months ago
Copying Thomas Chong's trades and holding each position for 1 Year would result in 80.00% of your transactions generating a profit, with an average return of +24.62% per trade.
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