After finishing at $5.32 in the prior trading day, FinVolution Group ADR (NYSE: FINV) closed at $5.26, down -1.13%. In other words, the price has decreased by -$0.06 from its previous closing price. On the day, 651444 shares were traded.
Ratios:
Our goal is to gain a better understanding of FINV by taking a closer look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
On July 26, 2023, Daiwa Securities started tracking the stock assigning a Buy rating and target price of $6.70.
Citigroup Downgraded its Buy to Neutral on March 15, 2023, whereas the target price for the stock was revised from $5.68 to $5.08.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FINV now has a Market Capitalization of 1.49B and an Enterprise Value of 333.70M. As of this moment, FinVolution’s Price-to-Earnings (P/E) ratio for their current fiscal year is 4.48, and their Forward P/E ratio for the next fiscal year is 3.47. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.56. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.50 while its Price-to-Book (P/B) ratio in mrq is 0.48. Its current Enterprise Value per Revenue stands at 0.03 whereas that against EBITDA is 0.13.
Stock Price History:
Over the past 52 weeks, FINV has reached a high of $6.05, while it has fallen to a 52-week low of $3.63. The 50-Day Moving Average of the stock is 5.04, while the 200-Day Moving Average is calculated to be 4.97.
Shares Statistics:
The stock has traded on average 836.81K shares per day over the past 3-months and 739.94k shares per day over the last 10 days, according to various share statistics. A total of 168.80M shares are outstanding, with a floating share count of 168.75M. Insiders hold about 0.03% of the company’s shares, while institutions hold 50.87% stake in the company. Shares short for FINV as of Mar 15, 2024 were 1.57M with a Short Ratio of 1.60, compared to 1.02M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.56% and a Short% of Float of 0.59%.
Dividends & Splits
In the trailing 12 months, FINV’s forward annual dividend rate was 0.00, compared to 0.21 this year. Against a Trailing Annual Dividend Yield of 0.00%, it implies a Forward Annual Dividend Yield of 4.82%.
Earnings Estimates
Its stock is currently analyzed by 0 different market analysts. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $1.4 and $1.25 for the fiscal current year, implying an average EPS of $1.31. EPS for the following year is $1.5, with 7 analysts recommending between $1.56 and $1.45.
Revenue Estimates
7 analysts predict $1.87B in revenue for the current quarter. It ranges from a high estimate of $1.92B to a low estimate of $1.81B. As of the current estimate, FinVolution Group ADR’s year-ago sales were $1.74B, an estimated increase of 7.90% from the year-ago figure.
A total of 7 analysts have provided revenue estimates for FINV’s current fiscal year. The highest revenue estimate was $1.92B, while the lowest revenue estimate was $1.81B, resulting in an average revenue estimate of $1.87B. In the same quarter a year ago, actual revenue was $1.74B, up 7.90% from the average estimate. Based on 6 analysts’ estimates, the company’s revenue will be $2.06B in the next fiscal year. The high estimate is $2.16B and the low estimate is $1.96B. The average revenue growth estimate for next year is up 10.20% from the average revenue estimate for this year.
