Are Analysts Pounding the Table on QIWI PLC (NASDAQ:QIWI)?

QIWI PLC (NASDAQ:QIWI) currently has an Average Broker Rating of 2. This number is based on the 2 sell-side firms polled by Zacks. The ABR rank within the industry stands at 49.

Analysts often use a number of terms—buy, strong buy, near-term or long-term accumulate, near-term or long-term over-perform or under-perform, neutral, hold— to describe their recommendations. But the definitions of these terms can differ from company to company. Instead of making assumptions, investors should read the definitions of all ratings used in each analyst report. They should also consider the company’s disclosures regarding what percentage of all ratings fall into either “buy,” “hold/neutral,” and “sell” groups.

Analysts on a consensus basis are expecting that the stock will reach $27 within the year. The ABR is provided by Zacks which simplfies analyst ratings into an integer based number. They use a one to five scale where they translate brokerage firm Buy/Sell/Hold recommendations into an average broker rating. A low number in the 1-2 range typically indicates a Buy, 3 represents a Hold and 4-5 represents a consensus Sell rating.
Research analysts study publicly traded companies and make recommendations on the securities of those companies. Most specialize in a particular industry or sector of the economy. They exert considerable influence in today’s marketplace. Analysts’ recommendations or reports can influence the price of a company’s stock—especially when the recommendations are widely disseminated through television appearances or through other electronic and print media. The mere mention of a company by a popular analyst can temporarily cause its stock to rise or fall—even when nothing about the company’s prospects or fundamentals has recently changed.It may be difficult for many investors to decide the right time to buy or sell a stock. Veteran investors may seem like they have it all figured out, and amateurs may feel like they are swimming upstream. Seasoned traders may have spent many years monitoring market ebbs and flows. Knowing when to take profits or cut losses can be a tough skill to achieve. It might be hard letting go of a well researched stock that hasn’t been performing well. Being able to exit a trade that has gone south can be a portfolio saver in the long run.

QIWI PLC (NASDAQ:QIWI) closed the last session at $24.5 and sees an average of 445979.25 shares trade hands in each session. The 52-week low of the stock stands at $11.71 while the current level stands at 98.61% of the 52-week High-Low range. Looking further out we can see that the stock has moved 28.21% over the past 12 weeks and 73.27% year to date.

Research analysts are predicting that QIWI PLC (NASDAQ:QIWI) will report earnings of $0.32 per share when the firm issues their next quarterly report. This is the consensus earnings per share number according to data from Zack’s Research.

Most recently QIWI PLC (NASDAQ:QIWI) posted quarterly earnings of $0.5 which compared to the sell-side estimates of 0.31. The stock’s 12-month trailing earnings per share stands at $1.44. Shares have moved $21.89 over the past month and more recently, $0.95 over the past week heading into the earnings announcement. There are 1 analyst projections that were taken into consideration from respected brokerage firms.

1 analysts rate QIWI PLC a Buy or Strong Buy, which is 50% of all the analyst ratings.

It may be difficult for many investors to decide the right time to buy or sell a stock. Veteran investors may seem like they have it all figured out, and amateurs may feel like they are swimming upstream. Seasoned traders may have spent many years monitoring market ebbs and flows. Knowing when to take profits or cut losses can be a tough skill to achieve. It might be hard letting go of a well researched stock that hasn’t been performing well. Being able to exit a trade that has gone south can be a portfolio saver in the long run.

This article is informational purposes only and should not be considered a recommendation to buy or sell the stock.

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