Shares of Qurate Retail Inc Series A (NASDAQ:QRTEA) have been given an average rating of “Buy” by the eleven analysts that are covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a sell rating, one has given a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $31.18.

QRTEA has been the subject of a number of analyst reports. Aegis restated a “buy” rating and issued a $30.00 price target on shares of Qurate Retail Inc Series A in a research report on Tuesday, August 21st. ValuEngine upgraded Qurate Retail Inc Series A from a “strong sell” rating to a “sell” rating in a research report on Wednesday, August 8th. Zacks Investment Research upgraded Qurate Retail Inc Series A from a “strong sell” rating to a “hold” rating in a research report on Wednesday, July 25th. Finally, Citigroup raised their price target on Qurate Retail Inc Series A from $18.00 to $19.00 and gave the stock a “sell” rating in a research report on Friday, August 17th.

Shares of QRTEA stock traded down $0.21 on Friday, reaching $23.12. The company’s stock had a trading volume of 377,006 shares, compared to its average volume of 3,090,161. Qurate Retail Inc Series A has a 1 year low of $20.00 and a 1 year high of $29.11. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.51 and a current ratio of 0.97. The firm has a market cap of $10.48 billion, a PE ratio of 7.11, a price-to-earnings-growth ratio of 2.21 and a beta of 1.06.

Qurate Retail Inc Series A (NASDAQ:QRTEA) last posted its earnings results on Friday, November 9th. The company reported $0.37 earnings per share for the quarter, beating analysts’ consensus estimates of $0.33 by $0.04. Qurate Retail Inc Series A had a net margin of 9.88% and a return on equity of 22.24%. The firm had revenue of $3.23 billion during the quarter, compared to analyst estimates of $3.19 billion. The firm’s revenue for the quarter was up 35.7% on a year-over-year basis. On average, equities analysts predict that Qurate Retail Inc Series A will post 2.1 EPS for the current year.

In related news, Director Mark C. Vadon sold 122,574 shares of Qurate Retail Inc Series A stock in a transaction dated Tuesday, September 18th. The stock was sold at an average price of $22.05, for a total value of $2,702,756.70. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Michael A. George bought 220,600 shares of the business’s stock in a transaction on Thursday, August 30th. The stock was bought at an average price of $20.40 per share, for a total transaction of $4,500,240.00. The disclosure for this purchase can be found here. Insiders own 0.01% of the company’s stock.

A number of institutional investors and hedge funds have recently bought and sold shares of QRTEA. Signaturefd LLC purchased a new stake in shares of Qurate Retail Inc Series A during the second quarter worth about $106,000. FTB Advisors Inc. grew its stake in shares of Qurate Retail Inc Series A by 1,192.2% during the second quarter. FTB Advisors Inc. now owns 5,311 shares of the company’s stock worth $111,000 after acquiring an additional 4,900 shares during the last quarter. Proequities Inc. purchased a new stake in shares of Qurate Retail Inc Series A during the third quarter worth about $119,000. CENTRAL TRUST Co boosted its position in Qurate Retail Inc Series A by 204.4% in the third quarter. CENTRAL TRUST Co now owns 5,981 shares of the company’s stock valued at $133,000 after buying an additional 4,016 shares during the last quarter. Finally, Bronfman E.L. Rothschild L.P. purchased a new stake in Qurate Retail Inc Series A in the second quarter valued at approximately $159,000. Institutional investors own 83.79% of the company’s stock.

Qurate Retail Inc Series A Company Profile

Qurate Retail, Inc, through its subsidiaries, engages in the video and online commerce industries in North America, Europe, and Asia. It markets and sells various consumer products primarily through live televised shopping programs, Websites, and mobile applications to 374 million households worldwide each day.

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Analyst Recommendations for Qurate Retail Inc Series A (NASDAQ:QRTEA)

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