Qifu Technology Inc. ADR (NASDAQ:QFIN) has a beta value of 0.70 and has seen 0.6 million shares traded in the recent trading session. The company, currently valued at $4.78B, closed the recent trade at $36.95 per share which meant it gained $1.46 on the day or 4.10% during that session. The QFIN stock price is -32.45% off its 52-week high price of $48.94 and 51.42% above the 52-week low of $17.95. If we look at the company’s 10-day average daily trading volume, we find that it stood at 3.15 million shares traded. The 3-month trading volume is 2.00 million shares.
The consensus among analysts is that Qifu Technology Inc. ADR (QFIN) is Buy stock at the moment, with a recommendation rating of 1.15. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 1 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.
Qifu Technology Inc. ADR (NASDAQ:QFIN) trade information
Sporting 4.10% in the green today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the QFIN stock price touched $36.95 or saw a rise of 5.93%. Year-to-date, Qifu Technology Inc. ADR shares have moved -3.73%, while the 5-day performance has seen it change -4.36%. Over the past 30 days, the shares of Qifu Technology Inc. ADR (NASDAQ:QFIN) have changed -17.69%. Short interest in the company has seen 8.24 million shares shorted with days to cover at 3.62.
Wall Street analysts have a consensus price target for the stock at $28.15, which means that the shares’ value could drop -31.26% from the levels at last check today.. The projected low price target is $27.9 while the price target rests at a high of $28.4. In that case, then, we find that the latest price level in today’s session is 23.14% off the targeted high while a plunge would see the stock lose 24.49% from the levels at last check today..
Qifu Technology Inc. ADR (QFIN) estimates and forecasts
The company’s shares have gained 15.35% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 5.31%.
1 analysts offering their estimates for the company have set an average revenue estimate of 4.61B for the current quarter. 1 have an estimated revenue figure of 4.62B for the next ending quarter.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 18.01% over the past 5 years. Earnings growth for 2025 is a modest 22.83% while over the next 5 years, the company’s earnings are expected to increase by 16.79%.
QFIN Dividends
Qifu Technology Inc. ADR is expected to release its next earnings report on 2025-Mar-15 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 1.18 at a share yield of 3.19%. The company’s dividend yield has gone up over the past 12 months.
Qifu Technology Inc. ADR (NASDAQ:QFIN)’s Major holders
Insiders own 1.80% of the company shares, while shares held by institutions stand at 78.07% with a share float percentage of 79.50%. Investors are also buoyed by the number of investors in a company, with Qifu Technology Inc. ADR having a total of 452.0 institutions that hold shares in the company. The top two institutional holders are MORGAN STANLEY with over 8.9 million shares worth more than $175.64 million. As of 2024-06-30, MORGAN STANLEY held 5.7521% of shares outstanding.
The other major institutional holder is ASPEX MANAGEMENT (HK) LTD, with the holding of over 7.91 million shares as of 2024-06-30. The firm’s total holdings are worth over $155.97 million and represent 5.108% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Krane Shares Trust-KraneShares CSI China Internet ETF and VANGUARD STAR FUNDS-Vanguard Total International Stock Index Fund . As of Dec 31, 2024 , the former fund manager holds about 3.23% shares in the company for having 5.26 shares of worth $194.7 million while later fund manager owns 1.54 shares of worth $56.89 million as of Jan 31, 2025 , which makes it owner of about 0.94% of company’s outstanding stock.
