NASDAQ:QFIN360 Finance Stock Price, Forecast & News

360 Finance's stock was trading at $7.84 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, QFIN shares have increased by 28.2% and is now trading at $10.05. View which stocks have been most impacted by Coronavirus.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for 360 Finance in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for 360 Finance.

360 Finance is scheduled to release its next quarterly earnings announcement on Friday, August 28th 2020. View our earnings forecast for 360 Finance.

360 Finance Inc (NASDAQ:QFIN) issued its quarterly earnings results on Thursday, May, 28th. The company reported $1.68 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.33 by $1.35. The business had revenue of $449.11 million for the quarter. 360 Finance had a net margin of 18.94% and a return on equity of 29.59%. View 360 Finance's earnings history.

1 analysts have issued 1-year price objectives for 360 Finance's shares. Their forecasts range from $12.40 to $12.40. On average, they expect 360 Finance's stock price to reach $12.40 in the next year. This suggests a possible upside of 23.4% from the stock's current price. View analysts' price targets for 360 Finance.

News stories about QFIN stock have trended somewhat positive this week, InfoTrie reports. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. 360 Finance earned a media sentiment score of 2.0 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the next several days. View the latest news about360 Finance.

360 Finance saw a decline in short interest during the month of May. As of May 15th, there was short interest totaling 1,090,000 shares, a decline of 9.9% from the April 30th total of 1,210,000 shares. Based on an average daily trading volume, of 637,700 shares, the days-to-cover ratio is presently 1.7 days. Currently, 1.0% of the shares of the stock are short sold. View 360 Finance's Current Options Chain.

Some companies that are related to 360 Finance include SBI (SBHGF), Green Dot (GDOT), LexinFintech (LX), Walker & Dunlop (WD), Mr. Cooper Group (COOP), Blucora (BCOR), Qudian (QD), Yirendai (YRD), America First Multifamily Investors (ATAX), Curo Group (CURO), Oportun Financial (OPRT), CNFinance (CNF), Wins Finance (WINS), Security National Financial (SNFCA) and Weidai (WEI). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other 360 Finance investors own include IBM (IBM), Enterprise Products Partners (EPD), Energy Transfer LP Unit (ET), Gilead Sciences (GILD), General Motors (GM), Momo (MOMO), AT&T (T), Tesla (TSLA), Wells Fargo & Co (WFC) and Exxon Mobil (XOM).

(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 acted as the underwriters for the IPO and China Securities International, TF International, HeungKong Financial and North Beta Capital were co-managers.

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

360 Finance's stock is owned by many different institutional and retail investors. Top institutional shareholders include FountainVest China Capital Partners GP3 Ltd. (10.14%), Krane Funds Advisors LLC (0.67%), UBS Group AG (0.56%), BlackRock Inc. (0.28%), First Manhattan Co. (0.26%) and Russell Investments Group Ltd. (0.25%).

QFIN stock was sold by a variety of institutional investors in the last quarter, including First Manhattan Co., Morgan Stanley, Invesco Ltd., BlackRock Inc., and UBS Group AG.

QFIN stock was purchased by a variety of institutional investors in the last quarter, including FountainVest China Capital Partners GP3 Ltd., Russell Investments Group Ltd., Krane Funds Advisors LLC, Assenagon Asset Management S.A., State Street Corp, Sompo Japan Nipponkoa Asset Management CO. LTD., Bogle Investment Management L P DE, and Geode Capital Management LLC.

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

One share of QFIN stock can currently be purchased for approximately $10.05.

360 Finance has a market capitalization of $1.45 billion and generates $1.32 billion in revenue each year. The company earns $359.33 million in net income (profit) each year or $2.39 on an earnings per share basis. 360 Finance employs 786 workers across the globe.

The official website for 360 Finance is www.360jie.com.cn.

360 Finance's mailing address is CHINA DIAMOND EXCHANGE CTR BUILDING B NO. 555 PUDIAN RD. NO. 1701 CENTURY AVE, Shanghai F4, 200122. The company can be reached via phone at 86-10-5244-7655.