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Most profitable less than $5 stock in the world? (Ad)pixel
Expanded IRS free-file system one step closer in Dems' bill
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Germans urged to cap heat in offices this winter to save gas
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Italy's Lake Garda shrinks to near-historic low amid drought
The 7 Types Of People Every Entrepreneur Needs In Their Inner Circle -- And How To Find Them
Former Deutsche Bank Co-CEO Anshu Jain dies
Potential 500% Return From A Unique $1 Asset? (Ad)pixel
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
Most profitable less than $5 stock in the world? (Ad)pixel
Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
Potential 500% Return From A Unique $1 Asset? (Ad)pixel
Italy's Lake Garda shrinks to near-historic low amid drought
The 7 Types Of People Every Entrepreneur Needs In Their Inner Circle -- And How To Find Them
Former Deutsche Bank Co-CEO Anshu Jain dies
Potential 500% Return From A Unique $1 Asset? (Ad)pixel
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
Most profitable less than $5 stock in the world? (Ad)pixel
Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
Potential 500% Return From A Unique $1 Asset? (Ad)pixel
Italy's Lake Garda shrinks to near-historic low amid drought
The 7 Types Of People Every Entrepreneur Needs In Their Inner Circle -- And How To Find Them
Former Deutsche Bank Co-CEO Anshu Jain dies
Potential 500% Return From A Unique $1 Asset? (Ad)pixel
NASDAQ:QFIN

360 DigiTech - QFIN Stock Forecast, Price & News

$15.78
+0.73 (+4.85%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
$14.81
$15.91
50-Day Range
$13.63
$17.94
52-Week Range
$11.15
$28.49
Volume
1.16 million shs
Average Volume
538,801 shs
Market Capitalization
$2.40 billion
P/E Ratio
2.89
Dividend Yield
5.85%
Price Target
$29.70

360 DigiTech MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
88.2% Upside
$29.70 Price Target
Short Interest
Healthy
1.64% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
1.07mentions of 360 DigiTech in the last 14 days
Based on 7 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
27.73%
From $4.22 to $5.39 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.03 out of 5 stars

Business Services Sector

12th out of 338 stocks

Nondepository Credit Institutions Industry

3rd out of 33 stocks

QFIN stock logo

About 360 DigiTech (NASDAQ:QFIN) Stock

360 DigiTech, Inc., through its subsidiaries, operates financial technology platform under the 360 Jietiao brand in the People's Republic of China. The company provides credit-driven services that matches borrowers with financial institution partners enabling financial institution partners to conduct customer acquisition, initial credit screening, advanced risk assessment, collection, and other post-facilitation services; and platform services, including loan facilitation and post-facilitation services to financial institution partners under intelligence credit engine, referral services, and risk management software-as-a-service. It also offers e-commerce loans, enterprise loans, and invoice loans to SME owners. The company serves consumers, and micro- and small-business owners. The company was formerly known as 360 Finance, Inc. and changed its name to 360 DigiTech, Inc. in September 2020. 360 DigiTech, Inc. was founded in 2016 and is headquartered in Shanghai, the People's Republic of China.

Wall Street Analysts Forecast Growth

QFIN has been the subject of several research reports. Citigroup decreased their price target on shares of 360 DigiTech from $26.78 to $25.39 and set a "buy" rating for the company in a report on Thursday, May 26th. Daiwa Capital Markets began coverage on shares of 360 DigiTech in a report on Monday, July 11th. They set a "buy" rating on the stock.

360 DigiTech Stock Performance

Shares of QFIN opened at $15.78 on Friday. 360 DigiTech has a 52-week low of $11.15 and a 52-week high of $28.49. The business's 50 day moving average price is $15.54 and its two-hundred day moving average price is $15.96. The firm has a market cap of $2.40 billion, a PE ratio of 2.89 and a beta of 0.34.

360 DigiTech (NASDAQ:QFIN - Get Rating) last posted its quarterly earnings results on Tuesday, May 24th. The company reported $1.16 earnings per share for the quarter, topping the consensus estimate of $1.10 by $0.06. 360 DigiTech had a return on equity of 38.66% and a net margin of 32.31%. The company had revenue of $681.47 million during the quarter, compared to the consensus estimate of $633.38 million. During the same quarter in the prior year, the company earned $1.28 EPS. Research analysts predict that 360 DigiTech will post 4.22 EPS for the current fiscal year.

360 DigiTech Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 27th. Investors of record on Monday, June 20th were issued a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 5.58%. The ex-dividend date was Thursday, June 16th. 360 DigiTech's payout ratio is currently 16.12%.

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QFIN Stock News Headlines

360 DigiTech Inc
360 DigiTech (NASDAQ:QFIN) & 9F (NASDAQ:JFU) Critical Survey
360 DigiTech Inc ADR - Stock Quote QFIN
360 DigiTech, Inc. (QFIN)
360 DigiTech: A Leader In An Oscillating Market
360 DigiTech declares $0.22 dividend
360 DigiTech Q1 EPS estimate up
360 DigiTech Filed 2021 Annual Report on Form 20-F
360 DigiTech: Dividend Insights
360 DigiTech reduces dividend to $0.13
360 DigiTech Becomes Oversold
360 DigiTech Q4 Earnings Preview
See More Headlines
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QFIN Company Calendar

Last Earnings
5/24/2022
Ex-Dividend for 7/27 Dividend
6/16/2022
Dividend Payable
7/27/2022
Today
8/13/2022
Next Earnings (Confirmed)
8/18/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Nondepository credit institutions
Sub-Industry
N/A
Current Symbol
NASDAQ:QFIN
Fax
N/A
Employees
2,129
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$29.70
High Stock Price Forecast
$34.00
Low Stock Price Forecast
$25.39
Forecasted Upside/Downside
+88.2%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$907.28 million
Pretax Margin
39.70%

Debt

Sales & Book Value

Annual Sales
$2.61 billion
Cash Flow
$6.31 per share
Book Value
$15.69 per share

Miscellaneous

Free Float
N/A
Market Cap
$2.40 billion
Optionable
Not Optionable
Beta
0.34














QFIN Stock - Frequently Asked Questions

Should I buy or sell 360 DigiTech stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for 360 DigiTech in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" QFIN shares.
View QFIN analyst ratings
or view top-rated stocks.

What is 360 DigiTech's stock price forecast for 2022?

3 Wall Street analysts have issued 12-month price objectives for 360 DigiTech's shares. Their QFIN share price forecasts range from $25.39 to $34.00. On average, they expect the company's share price to reach $29.70 in the next year. This suggests a possible upside of 88.2% from the stock's current price.
View analysts price targets for QFIN
or view top-rated stocks among Wall Street analysts.

How have QFIN shares performed in 2022?

360 DigiTech's stock was trading at $22.93 on January 1st, 2022. Since then, QFIN stock has decreased by 31.2% and is now trading at $15.78.
View the best growth stocks for 2022 here
.

When is 360 DigiTech's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 18th 2022.
View our QFIN earnings forecast
.

How can I listen to 360 DigiTech's earnings call?

360 DigiTech will be holding an earnings conference call on Thursday, August 18th at 8:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 646-982-0473 with passcode "520003785 #".

How were 360 DigiTech's earnings last quarter?

360 DigiTech, Inc. (NASDAQ:QFIN) announced its quarterly earnings results on Tuesday, May, 24th. The company reported $1.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.10 by $0.06. The business earned $681.47 million during the quarter, compared to analysts' expectations of $633.38 million. 360 DigiTech had a net margin of 32.31% and a trailing twelve-month return on equity of 38.66%. During the same period in the previous year, the firm posted $1.28 earnings per share.

How often does 360 DigiTech pay dividends? What is the dividend yield for 360 DigiTech?

360 DigiTech announced a quarterly dividend on Friday, June 3rd. Investors of record on Monday, June 20th will be paid a dividend of $0.22 per share on Wednesday, July 27th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 5.58%. The ex-dividend date is Thursday, June 16th.
Read our dividend analysis for QFIN
.

Is 360 DigiTech a good dividend stock?

360 DigiTech (NASDAQ:QFIN) pays an annual dividend of $0.88 per share and currently has a dividend yield of 5.85%. QFIN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 16.12%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, QFIN will have a dividend payout ratio of 16.33% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for QFIN.

What other stocks do shareholders of 360 DigiTech own?

Based on aggregate information from My MarketBeat watchlists, some companies that other 360 DigiTech investors own include Bank of America (BAC), Gilead Sciences (GILD), Enterprise Products Partners (EPD), Energy Transfer (ET), AbbVie (ABBV), Citigroup (C), DocuSign (DOCU), International Business Machines (IBM), Intel (INTC) and Johnson & Johnson (JNJ).

When did 360 DigiTech IPO?

(QFIN) raised $54 million in an IPO on Friday, December 14th 2018. The company issued 3,100,000 shares at a price of $16.50-$18.50 per share. Citigroup, Haitong International, AMTD and Lighthouse Capital served as the underwriters for the IPO and China Securities International, TF International, HeungKong Financial and North Beta Capital were co-managers.

What is 360 DigiTech's stock symbol?

360 DigiTech trades on the NASDAQ under the ticker symbol "QFIN."

Who are 360 DigiTech's major shareholders?

360 DigiTech's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Gold Dragon Worldwide Asset Management Ltd (2.76%), Northern Trust Corp (0.36%), Bridgewater Associates LP (0.29%), Lazard Asset Management LLC (0.27%), Group One Trading L.P. (0.00%) and California Public Employees Retirement System (0.16%).

How do I buy shares of 360 DigiTech?

Shares of QFIN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is 360 DigiTech's stock price today?

One share of QFIN stock can currently be purchased for approximately $15.78.

How much money does 360 DigiTech make?

360 DigiTech (NASDAQ:QFIN) has a market capitalization of $2.40 billion and generates $2.61 billion in revenue each year. The company earns $907.28 million in net income (profit) each year or $5.46 on an earnings per share basis.

How many employees does 360 DigiTech have?

The company employs 2,129 workers across the globe.

How can I contact 360 DigiTech?

360 DigiTech's mailing address is 7/F Lujiazui Finance Plaza No. 1217 Dongfang Road Pudong New Area, Shanghai F4, 200122. The official website for the company is www.360jie.com.cn. The company can be reached via phone at 862161516360.

This page (NASDAQ:QFIN) was last updated on 8/14/2022 by MarketBeat.com Staff

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