William Blair Equities Analysts Lift Earnings Estimates for QIWI plc (NASDAQ:QIWI)

QIWI plc (NASDAQ:QIWI) – Analysts at William Blair lifted their FY2021 EPS estimates for QIWI in a research report issued on Tuesday, November 23rd. William Blair analyst C. Kennedy now anticipates that the credit services provider will post earnings of $1.98 per share for the year, up from their prior estimate of $1.92. William Blair has a “Market Perform” rating on the stock. William Blair also issued estimates for QIWI’s Q1 2022 earnings at $0.32 EPS and Q2 2022 earnings at $0.37 EPS.

QIWI (NASDAQ:QIWI) last released its quarterly earnings results on Tuesday, November 23rd. The credit services provider reported $43.32 EPS for the quarter, topping analysts’ consensus estimates of $0.47 by $42.85. QIWI had a net margin of 23.71% and a return on equity of 32.47%. During the same quarter last year, the business earned $0.66 EPS.

QIWI opened at $8.50 on Thursday. The firm has a 50 day moving average of $8.64. QIWI has a 1-year low of $7.67 and a 1-year high of $15.04. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 0.15. The firm has a market cap of $533.06 million, a P/E ratio of 3.99 and a beta of 0.70.

Several institutional investors and hedge funds have recently bought and sold shares of QIWI. Morgan Stanley raised its holdings in QIWI by 5.1% in the 2nd quarter. Morgan Stanley now owns 23,322 shares of the credit services provider’s stock valued at $248,000 after buying an additional 1,124 shares during the last quarter. Geode Capital Management LLC raised its holdings in QIWI by 6.5% during the 3rd quarter. Geode Capital Management LLC now owns 25,057 shares of the credit services provider’s stock worth $209,000 after purchasing an additional 1,523 shares during the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. increased its stake in shares of QIWI by 21.0% in the 2nd quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 13,589 shares of the credit services provider’s stock valued at $145,000 after acquiring an additional 2,359 shares in the last quarter. Hennessy Advisors Inc. increased its stake in shares of QIWI by 21.0% in the 3rd quarter. Hennessy Advisors Inc. now owns 14,850 shares of the credit services provider’s stock valued at $124,000 after acquiring an additional 2,575 shares in the last quarter. Finally, Cubist Systematic Strategies LLC increased its stake in shares of QIWI by 18.7% in the 3rd quarter. Cubist Systematic Strategies LLC now owns 23,008 shares of the credit services provider’s stock valued at $193,000 after acquiring an additional 3,618 shares in the last quarter. Institutional investors own 15.61% of the company’s stock.

QIWI Company Profile

Qiwi Plc is a holding company, which engages in the provision of payment and financial services. It operates through the following segments: Payment Services (PS), Consumer Financial Services (CFS), Small and Medium Enterprises (SME), Rocketbank (RB), and Corporate and Other (CO). The PS segment provides virtual distribution services through the QIWI Wallet and other QIWI applications.

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Earnings History and Estimates for QIWI (NASDAQ:QIWI)

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