Qurate Retail Inc Series A (NASDAQ:QRTEA) had its price objective raised by Aegis from $30.00 to $31.00 in a research note released on Monday morning, Marketbeat.com reports. Aegis currently has a buy rating on the stock.

A number of other analysts have also recently weighed in on the company. ValuEngine raised 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 raised 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 objective 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. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating, seven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock has a consensus rating of Buy and a consensus target price of $30.71.

Shares of NASDAQ:QRTEA opened at $21.30 on Monday. Qurate Retail Inc Series A has a 12-month low of $20.00 and a 12-month high of $29.11. The firm has a market capitalization of $10.22 billion, a PE ratio of 6.55, a P/E/G ratio of 2.16 and a beta of 1.06. The company has a current ratio of 0.97, a quick ratio of 0.51 and a debt-to-equity ratio of 1.02.

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

In other news, CEO Michael A. George purchased 220,600 shares of the stock in a transaction on Thursday, August 30th. The stock was bought at an average price of $20.40 per share, with a total value of $4,500,240.00. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, 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 disclosure for this sale can be found here. 0.01% of the stock is owned by company insiders.

A number of institutional investors and hedge funds have recently modified their holdings of QRTEA. Signaturefd LLC acquired a new position in shares of Qurate Retail Inc Series A in the 2nd quarter valued at about $106,000. FTB Advisors Inc. lifted its holdings in shares of Qurate Retail Inc Series A by 1,192.2% in the 2nd quarter. FTB Advisors Inc. now owns 5,311 shares of the company’s stock valued at $111,000 after buying an additional 4,900 shares during the period. Proequities Inc. acquired a new position in shares of Qurate Retail Inc Series A in the 3rd quarter valued at about $119,000. CENTRAL TRUST Co lifted its holdings in shares of Qurate Retail Inc Series A by 204.4% in the 3rd 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 period. Finally, Bronfman E.L. Rothschild L.P. acquired a new position in shares of Qurate Retail Inc Series A in the 2nd quarter valued at about $159,000. 83.79% of the stock is owned by institutional investors.

About Qurate Retail Inc Series A

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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