QFIN Stock Forecast: All the More Reason to Consider 360 Finance Inc. (QFIN) Now

360 Finance Inc. (NASDAQ: QFIN) is 59.57% higher on its value in year-to-date trading and has touched a low of $6.37 and a high of $16.40 in the current 52-week trading range. The QFIN stock was last observed hovering at around $15.59 in the recent trading session, with the current loss setting it -0.09% off its average median price target of $112.13 for the next 12 months. It is also 90.05% off the consensus price target high of $155.80 offered by 4 analysts, but current levels are 82.54% higher than the price target low of $88.77 for the same period.

The 2021 Backdoor Crypto Portfolio (free)

Even if you’re not actively in crypto, you deserve to know what’s actually going on...

Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.

Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free.


At last check, trading at $15.50, the stock is 36.64% and 53.57% above its SMA20 and SMA50 respectively. However, with a current trading volume of 0.67 million and changing -0.58% at the moment leaves the stock 71.43% off its SMA200. QFIN registered 38.70% gain for a year compared to 6-month loss of 58.76%. The firm has a 50-day simple moving average (SMA 50) of $10.63 and a 200-day simple moving average (SMA200) of $9.06.

The stock witnessed a 59.08% gain in the last 1 month and extending the period to 3 months gives it a 95.61%, and is 44.49% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 10.55% over the week and 6.20% over the month.

360 Finance Inc. (QFIN) has around 1891 employees, a market worth around $1.86B and $1.47B in sales. Current P/E ratio is 8.44 and Fwd P/E is 4.72. Profit margin for the company is 18.90%. Distance from 52-week low is 143.33% and -5.49% from its 52-week high. The company has generated returns on investments over the last 12 months (32.70%).

360 Finance Inc. (QFIN) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for 360 Finance Inc. (QFIN) is a “Buy”. 4 analysts offering their recommendations for the stock have an average rating of 1.70, where 0 rate it as a Hold and 0 think it is a “Overweight”. 4 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.

360 Finance Inc. is expected to release its quarterly report on 08/21/2020 and quarterly earnings per share for the current quarter are estimated at $5.19.The EPS is expected to grow by 225.60% this year, but quarterly earnings will post 832.70% year-over-year.

360 Finance Inc. (QFIN) Top Institutional Holders

75 institutions hold shares in 360 Finance Inc. (QFIN), with 23.29M shares held by insiders accounting for 15.87% while institutional investors hold 40.79% of the company’s shares. The shares outstanding are 146.80M, and float is at 84.35M with Short Float at 1.18%. Institutions hold 34.32% of the Float.

The top institutional shareholder in the company is FIL LTD with over 1.24 million shares valued at $9.88 million. The investor’s holdings represent 39.85% of the QFIN Shares outstanding. As of Mar 30, 2020, the second largest holder is Ovata Capital Management Ltd with 1.12 million shares valued at $9.0 million to account for 36.29% of the shares outstanding. The other top investors are FMR, LLC which holds 1.03 million shares representing 33.16% and valued at over $8.22 million, while Krane Funds Advisors LLC holds 31.16% of the shares totaling 0.97 million with a market value of $7.73 million.

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free