A share price of Qurate Retail Inc [QRTEA] is currently trading at $1.29, down -2.27%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The QRTEA shares have gain 4.88% over the last week, with a monthly amount glided 53.43%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Qurate Retail Inc [NASDAQ: QRTEA] stock has seen the most recent analyst activity on November 04, 2022, when BofA Securities downgraded its rating to a Underperform and also revised its price target to $1.20 from $4. Previously, BofA Securities downgraded its rating to Neutral on February 28, 2022, and dropped its price target to $6.30. On April 09, 2021, BofA Securities initiated with a Buy rating and assigned a price target of $16 on the stock. Citigroup downgraded its rating to a Neutral and increased its price target to $11 on December 15, 2020. BofA Securities upgraded its rating to a Neutral and raised its price target to $9 on November 06, 2020. UBS downgraded its rating to Neutral for this stock on April 21, 2020, and downed its price target to $9. In a note dated March 20, 2019, Evercore ISI initiated an In-line rating and provided a target price of $20 on this stock.
Qurate Retail Inc experienced fluctuations in its stock price throughout the past year between $0.40 and $1.80. Qurate Retail Inc [NASDAQ: QRTEA] shares were valued at $1.29 at the most recent close of the market.
Analyzing the QRTEA fundamentals
Trailing Twelve Months sales for Qurate Retail Inc [NASDAQ:QRTEA] were 10.91B which represents -10.86% decline. Gross Profit Margin for this corporation currently stands at 0.31% with Operating Profit Margin at 0.08%, Pretax Profit Margin comes in at 0.01%, and Net Profit Margin reading is -0.01%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is -0.24 and Total Capital is 0.11. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of17.27.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.2417 points at the first support level, and at 1.1933 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.3367, and for the 2nd resistance point, it is at 1.3833.
Qurate Retail Inc [QRTEA] reported earnings per share of $0.1 for its fiscal quarter that ended on 9/29/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.04/share, meaning a difference of $0.06 and a surprise factor of 150.00%. By comparison, the stated earnings for the previous quarter ended on 6/29/2023 were -$0.03 per share as compared to estimates of $0.11 per share, a difference of -$0.14 representing a surprise of -127.30%.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Qurate Retail Inc [NASDAQ:QRTEA] is 1.41. As well, the Quick Ratio is 1.01, while the Cash Ratio is 0.43. Considering the valuation of this stock, the price to sales ratio is 0.05, the price to book ratio is 1.31.
Transactions by insiders
Recent insider trading involved Wendling Brian J, CAO/PFO, that happened on Nov 27 ’23 when 20000.0 shares were sold. Director, ROMRELL LARRY E completed a deal on Nov 08 ’23 to sell 1204.0 shares. Meanwhile, CAO/PFO Wendling Brian J sold 26231.0 shares on Sep 20 ’23.
