Joint Stock Company Kaspi.kz (NASDAQ:KSPI) Releases Earnings Results, Misses Estimates By $0.34 EPS

Joint Stock Company Kaspi.kz (NASDAQ:KSPI) announced its quarterly earnings data on Monday. The company reported $3.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.43 by ($0.34), Zacks reports.

Joint Stock Company Kaspi.kz Price Performance

NASDAQ KSPI traded up $0.29 during mid-day trading on Tuesday, hitting $103.29. The company’s stock had a trading volume of 226,286 shares, compared to its average volume of 278,690. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.04. Joint Stock Company Kaspi.kz has a 52-week low of $86.24 and a 52-week high of $143.72. The stock’s fifty day simple moving average is $97.87 and its two-hundred day simple moving average is $107.89.

Analysts Set New Price Targets

A number of brokerages have weighed in on KSPI. JPMorgan Chase & Co. reduced their price target on Joint Stock Company Kaspi.kz from $154.00 to $137.00 and set an “overweight” rating on the stock in a research note on Monday, December 2nd. Citigroup started coverage on Joint Stock Company Kaspi.kz in a research note on Monday, November 4th. They issued a “buy” rating and a $140.00 price target on the stock.

Joint Stock Company Kaspi.kz Company Profile

Joint Stock Company Kaspi.kz, together with its subsidiaries, provides payments, marketplace, and fintech solutions for consumers and merchants in the Republic of Kazakhstan. It operates through three segments: Payments Platform, Marketplace Platform, and Fintech Platform. The Payments Platform segment facilities transactions between customers and merchants.