FinVolution Group ADR (FINV) Stocks Experience Steady decrease to Close at $4.71

FinVolution Group ADR (NYSE: FINV) closed the day trading at $4.71 down -2.48% from the previous closing price of $4.83. On the day, 1049976 shares were traded.

Ratios:

For a better understanding of FINV, let’s 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:

As of this moment, FinVolution’s Price-to-Earnings (P/E) ratio for their current fiscal year is 4.01, and their Forward P/E ratio for the next fiscal year is 3.10. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.29. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.45 while its Price-to-Book (P/B) ratio in mrq is 0.43.

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.

Shares 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 50.90% stake in the company.

Earnings Estimates

Current recommendations for the stock of the company come from — analysts. On average, analysts expect EPS of $0 for the current quarter, with a high estimate of $0 and a low estimate of $0, while EPS last year was –$. 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 $1.24 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 $1.73B, 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 $1.73B, 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.

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