Let’s Take a Fresh Look at Qiwi plc (QIWI)

On Thursday, shares of Qiwi plc (NASDAQ:QIWI) marked $15.99 per share versus a previous $13.64 closing price. With having a 17.23% gain, an insight into the fundamental values of Qiwi plc, investors would also find a great ally in the technical patterns of the stock movements showed in stock charts. QIWI showed a rise of 13.08% within its YTD performance, with highs and lows between $11.61 – $19.29 during the period of 52 weeks, compared to the simple moving average of 13.77% in the period of the last 200 days.

JP Morgan equity researchers changed the status of Qiwi plc (NASDAQ: QIWI) shares from “Neutral” to a “Overweight” rating in the report published on May 16th, 2019. Other analysts, including JP Morgan, also published their reports on QIWI shares. JP Morgan repeated the rating from the previous report, marking QIWI under “Neutral” rating, in the report published on February 13th, 2019. Additionally, QIWI shares got another “Underperform” rating from Credit Suisse. On the other hand, JP Morgan Upgrade the “Overweight” rating for QIWI shares, as published in the report on April 10th, 2017. Credit Suisse seems to be going bullish on the price of QIWI shares, based on the price prediction for QIWI, indicating that the shares will jump to $18, giving the shares “Neutral” rating based on their report from April 7th, 2017. Another “Neutral” rating came from Goldman.

Qiwi plc (QIWI) Analysis

The present dividend yield for QIWI owners is set at 0, marking the return investors will get regardless of the company’s performance in the upcoming period.However, in order for the company to be able to pay its dividends, just like it is the case with Qiwi plc, the company needs to provide a healthy cash flow, currently at the value of 2.97. In addition, the growth of sales from quarter to quarter is recording 45.80%, hinting the company’s progress in the upcoming progress.

In order to gain a clear insight on the performance of Qiwi plc (QIWI) as it may occur in the future, there are more than several well-rounded types of analysis and research techniques, while equity is most certainly one of the more important indicators into the company’s growth and performance. In this case, you want to make sure that the return on the present equity of 15.10% is enough for you to make a profit out of your investment. You may also count in the quick ratio of the company, currently set at 1.30 so you would make sure that the company is able to cover the debts it may have, which can be easily seen in annual reports of the company.

Set to affect the volatility of a given stock, the average volume can also be a valuable indicator, while QIWI is currently recording an average of 124.31K in volumes. The volatility of the stock on monthly basis is set at 3.05%, while the weekly volatility levels are marked at 5.34%with 21.14% of gain in the last seven days. Additionally, long-term investors are predicting the target price of $24.18, indicating growth from the present price of $15.99, which can represent yet another valuable research and analysis points that can help you decide whether to invest in QIWI or pass.

What to Look for When Analyzing Qiwi plc Shares?

Qiwi plc (QIWI) is based in the Cyprus and it represents one of the well-known company operating with Financial sector. If you wish to compare QIWI shares with other companies under Electronic Equipment and Consumer Goods, a factor to note is the P/E value of 17.93 for Qiwi plc, while the value 7.81 can represent an indicator in the future growth of the company in terms of investor’s expectations. The later value should have a steady growth rate, increasing and growing gradually, which serves the purpose of reliably showcasing the progress of the company. The value 0.89 is supported by the yearly ESP growth of 14.00%.

Besides from looking into the fundamentals, you should also note the number of people inside the company owning the shares, as the values should be in line with the expectations of investors. In that spirit, the present ownership of stocks inside the company is set at 0.73%, which can provide you with an insight of how involved executives are in owning shares of the company. In oppose to the executives’ share, the institutional ownership counts 85.10% of shares, carrying an equal significance as an indicator of value, as the presence of large investors may signal a strong company.

Are Institutional Investors Increasing Stakes in QIWI Shares?

It appears that more than several institutional investors and hedge funds decided to increase stakes in QIWI in the recent period. That is how Melqart Asset Management now has an increase position in QIWI by 3.14% in the first quarter, owning 3.65 million shares of QIWI stocks, with the value of $51.14 million after the purchase of an additional 111,072 shares during the last quarter. In the meanwhile, Platinum Investment Management Lt also increased their stake in QIWI shares changed 0.00% in the first quarter, which means that the company now owns 2.11 million shares of company, all valued at $29.61 million after the acquisition of additional 0 shares during the last quarter.

JPMorgan Asset Management acquired a new position in Qiwi plc during the first quarter, with the value of $16.84 million, and SEB Investment Management AB increased their stake in the company’s shares by 20.03% in the first quarter, now owning 177,366 shares valued at $14.89 million after the acquisition of the additional 1.06 million shares during the last quarter. In the end, Grantham, Mayo, Van Otterloo & Co increased their position by 38.18% during the first quarter, now owning 924275 QIWI shares, now holding the value of $12.95 million in QIWI with the purchase of the additional 10,375 shares during the period of the last quarter. At the present, 85.10% of QIWI shares are in the ownership of institutional investors.

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