Qiwi Plc (NASDAQ:QIWI) Given Daily Coverage Optimism Rating of 0.08
News coverage about Qiwi Plc (NASDAQ:QIWI) has trended somewhat positive recently, according to Accern Sentiment. The research group identifies negative and positive news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Qiwi Plc earned a news impact score of 0.08 on Accern’s scale. Accern also assigned media coverage about the credit services provider an impact score of 45.3411393959261 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the news headlines that may have impacted Accern Sentiment’s rankings:
- Shares Seesawing on Volume: Qiwi PLC (QIWI) – Evergreen Caller (evergreencaller.com)
- Tochka Bank and QIWI Agree on a Partnership in the Small Business Sector – GlobeNewswire (press release) (globenewswire.com)
- Busey Trust CO Sells 603 Shares of Abbott Laboratories (NYSE:ABT) (naijaoversabi.com)
- Qiwi Plc (NASDAQ:QIWI) Receives Consensus Recommendation of “Hold” from Analysts (americanbankingnews.com)
- Tochka Bank and Qiwi forge small busines partnership (finextra.com)
Several analysts have issued reports on the company. ValuEngine raised Qiwi Plc from a “buy” rating to a “strong-buy” rating in a research note on Friday, July 28th. Citigroup Inc. downgraded Qiwi Plc from a “buy” rating to a “neutral” rating in a research note on Wednesday, July 26th. Zacks Investment Research downgraded Qiwi Plc from a “strong-buy” rating to a “sell” rating in a research note on Wednesday, July 19th. VTB Capital downgraded Qiwi Plc from a “buy” rating to a “hold” rating and set a $27.00 price target on the stock. in a research note on Monday, June 19th. Finally, BidaskClub downgraded Qiwi Plc from a “buy” rating to a “hold” rating in a research note on Monday, July 17th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company. The stock has an average rating of “Hold” and an average price target of $23.25.
Qiwi Plc (NASDAQ:QIWI) traded up 5.71% during mid-day trading on Monday, hitting $19.98. The company’s stock had a trading volume of 274,340 shares. Qiwi Plc has a 52-week low of $11.26 and a 52-week high of $26.55. The firm has a market cap of $1.21 billion, a P/E ratio of 14.64 and a beta of 3.34.
Qiwi Plc (NASDAQ:QIWI) last announced its earnings results on Wednesday, May 17th. The credit services provider reported $0.37 EPS for the quarter, beating the Zacks’ consensus estimate of $0.24 by $0.13. Qiwi Plc had a net margin of 14.27% and a return on equity of 23.38%. The business had revenue of $2.91 billion during the quarter, compared to analysts’ expectations of $2.72 billion. During the same period in the prior year, the company earned $20.41 earnings per share. The firm’s revenue was up 15.8% on a year-over-year basis. Analysts anticipate that Qiwi Plc will post $1.18 EPS for the current year.
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About Qiwi Plc
QIWI plc is a provider of payment services in Russia and the Commonwealth of Independent States (CIS). The Company’s network enables payment services across physical, online and mobile channels. The Company operates in target markets and customer segments. As of December 31, 2016, the Company had deployed over 17.2 million virtual wallets, over 162,000 kiosks and terminals, and enabled merchants to accept over Russian rubles 70 billion cash and electronic payments monthly.
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