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

Joint Stock Company Kaspi.kz (NASDAQ:KSPI) posted its earnings results on Monday. The company reported $3.09 EPS for the quarter, missing analysts’ consensus estimates of $3.43 by ($0.34), Zacks reports.

Joint Stock Company Kaspi.kz Trading Up 0.3 %

Shares of Joint Stock Company Kaspi.kz stock traded up $0.29 during trading on Tuesday, reaching $103.29. The company had a trading volume of 226,286 shares, compared to its average volume of 278,690. Joint Stock Company Kaspi.kz has a fifty-two week low of $86.24 and a fifty-two week high of $143.72. The firm’s fifty day moving average is $97.87 and its 200-day moving average is $107.89. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.96 and a current ratio of 0.96.

Analyst Ratings Changes

Several brokerages have recently weighed in on KSPI. JPMorgan Chase & Co. lowered their target price on Joint Stock Company Kaspi.kz from $154.00 to $137.00 and set an “overweight” rating for the company in a research note on Monday, December 2nd. Citigroup started coverage on Joint Stock Company Kaspi.kz in a report on Monday, November 4th. They set a “buy” rating and a $140.00 price objective 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.