In the last trading session, 1.47 million Qifu Technology Inc. ADR (NASDAQ:QFIN) shares changed hands as the company’s beta touched 0.57. With the company’s per share price at $46.69 changed hands at -$0.44 or -0.93% during last session, the market valuation stood at $7.35B. QFIN’s last price was a discount, traded about -3.88% off its 52-week high of $48.50. The share price had its 52-week low at $17.76, which suggests the last value was 61.96% up since then. When we look at Qifu Technology Inc. ADR’s average trading volume, we note the 10-day average is 1.74 million shares, with the 3-month average coming to 1.26 million.
Analysts gave the Qifu Technology Inc. ADR (QFIN) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.09. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended QFIN as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. Qifu Technology Inc. ADR’s EPS for the current quarter is expected to be 0.
Qifu Technology Inc. ADR (NASDAQ:QFIN) trade information
Instantly QFIN was in red as seen at the end of in last trading. With action 14.58%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 21.65%, with the 5-day performance at 14.58% in the green. However, in the 30-day time frame, Qifu Technology Inc. ADR (NASDAQ:QFIN) is 5.49% up. Looking at the short shares, we see there were 3.61 million shares sold at short interest cover period of 2.63 days.
The consensus price target for the stock as assigned by Wall Street analysts is 28.15, meaning bulls need a downside of -65.86% from its current market value. According to analyst projections, QFIN’s forecast low is 27.9 with 28.4 as the target high. To hit the forecast high, the stock’s price needs a 39.17% surge from its current level, while the stock would need to tank 40.24% for it to hit the projected low.
Qifu Technology Inc. ADR (QFIN) estimates and forecasts
Year-over-year growth is forecast to reach 2.85% up from the last financial year.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 18.00%. The 2025 estimates are for Qifu Technology Inc. ADR earnings to increase by 17.87%, but the outlook for the next 5-year period is at 13.35% per year.
QFIN Dividends
Qifu Technology Inc. ADR is expected to release its next quarterly earnings report on 2025-Mar-15. The 2.53% annual yield figure for the share gives it an annual dividend of 1.18. It is important to note, however, that the 2.53% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.
Qifu Technology Inc. ADR (NASDAQ:QFIN)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 1.02% of Qifu Technology Inc. ADR shares while 70.06% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 70.78%. There are 70.06% institutions holding the Qifu Technology Inc. ADR stock share, with MORGAN STANLEY the top institutional holder. As of 2024-06-30, the company held 5.7521% of the shares, roughly 8.9 million QFIN shares worth $175.64 million.
ASPEX MANAGEMENT (HK) LTD holds the second largest percentage of outstanding shares, with 5.108% or 7.91 million shares worth $155.97 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were KraneShares CSI China Internet ETF and Vanguard International Stock Index-Total Intl Stock Indx . With 5.26 shares estimated at $245.72 million under it, the former controlled 3.23% of total outstanding shares. On the other hand, Vanguard International Stock Index-Total Intl Stock Indx held about 0.97% of the shares, roughly 1.58 shares worth around $73.75 million.
