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Qifu Technology (QFIN)
NASDAQ:QFIN
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QFIN Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$13.68 - $26.50
Previous Close$25.15
Volume874.33K
Average Volume (3M)1.37M
Market Cap
$4.12B
Enterprise Value$4.16B
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$150.00M
Price to Earnings (P/E)6.0
Beta1.09
Next Earnings
Nov 13, 2024EPS Estimate
$1.06Next Dividend Ex-Date
Sep 27, 2024Dividend Yield4.25%
Share Statistics
EPS (TTM)4.16
Shares Outstanding155,254,475
10 Day Avg. Volume1,249,854
30 Day Avg. Volume1,372,780
Standard Deviation0.18
R-Squared0.03
Alpha0.03
Financial Highlights & Ratios
Price to Book (P/B)0.18
Price to Sales (P/S)2.07
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.39
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$27.23Price Target Upside8.96% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
Qifu Technology News
PremiumPre-Earnings
Is QFIN a Buy, Before Earnings?
PremiumCompany Announcements
Qifu Technology Reports Profitable Q1 2024
PremiumPre-Earnings
Is QFIN a Buy, Before Earnings?
PremiumCompany Announcements
Qifu Technology Sets Date for Shareholder MeetBulls 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
4.83% Mutual Funds
43.56% Other Institutional Investors
51.61% 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 $13.68 and its highest was $26.50 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 Nov 13, 2024 which is in 55 days.
How were Qifu Technology’s earnings last quarter?
Qifu Technology released its earnings results on Aug 13, 2024. The company reported $1.257 earnings per share for the quarter, beating the consensus estimate of $1.038 by $0.22.
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 $0.59 which represents an annual dividend yield of 4.25%. See more information on Qifu Technology dividends here
What is Qifu Technology’s EPS estimate?
Qifu Technology’s EPS estimate is $1.06.
How many shares outstanding does Qifu Technology have?
Qifu Technology has 155,254,470 shares outstanding.
What happened to Qifu Technology’s price movement after its last earnings report?
Qifu Technology reported an EPS of $1.257 in its last earnings report, beating expectations of $1.038. Following the earnings report the stock price went up 12.269%.
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 25M.
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Qifu Technology Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$27.23 (8.96% Upside)
$27.23 (8.96% Upside)
Blogger Sentiment
Bullish
QFIN Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 17.2K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 5.8%
Last 30 Days ▲ 23.6%
Last 30 Days ▲ 23.6%
Technicals
SMA
Positive
20 days / 200 days
Momentum
70.93%
12-Months-Change
Fundamentals
Return on Equity
22.24%
Trailing 12-Months
Asset Growth
8.22%
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
Q2 2024
0:00 / 0:00
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QFIN Stock 12 Month Forecast
Average Price Target
$27.23
▲(8.96% Upside)
Technical Analysis
Best Analysts Covering QFIN
1 Year
1 Year Success Rate
6/6 ratings generated profit
1 Year Average Return
+40.72%
assigned a buy rating last month
Copying Emma Xu's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +40.72% per trade.
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