Balance Sheet Insights: Qurate Retail Inc (QRTEA)’s Debt-to-Equity and Long-Term Debt/Eq Ratios

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In the latest session, Qurate Retail Inc (NASDAQ: QRTEA) closed at $0.83 up 18.57% from its previous closing price of $0.70. In other words, the price has increased by $18.57 from its previous closing price. On the day, 15.29 million shares were traded. QRTEA stock price reached its highest trading level at $0.8677 during the session, while it also had its lowest trading level at $0.6969.

Ratios:

For a deeper understanding of Qurate Retail Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.29 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 0.46. For the most recent quarter (mrq), Quick Ratio is recorded 0.89 and its Current Ratio is at 1.33. In the meantime, Its Debt-to-Equity ratio is 28.94 whereas as Long-Term Debt/Eq ratio is at 25.26.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, BofA Securities on November 04, 2022, Downgraded its rating to Underperform and sets its target price to $1.20 from $4 previously.

On February 28, 2022, BofA Securities Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $11.50 to $6.30.

On April 09, 2021, BofA Securities started tracking the stock assigning a Buy rating and target price of $16.BofA Securities initiated its Buy rating on April 09, 2021, with a $16 target price.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Nov 27 ’23 when Wendling Brian J sold 20,000 shares for $0.89 per share. The transaction valued at 17,852 led to the insider holds 20,000 shares of the business.

ROMRELL LARRY E sold 1,204 shares of QRTEA for $34,383 on Nov 08 ’23. The Director now owns 0 shares after completing the transaction at $28.56 per share. On Sep 20 ’23, another insider, Wendling Brian J, who serves as the CAO/PFO of the company, sold 26,231 shares for $0.63 each. As a result, the insider received 16,526 and left with 40,000 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, QRTEA now has a Market Capitalization of 358140864 and an Enterprise Value of 6703392768. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.03 while its Price-to-Book (P/B) ratio in mrq is 1.29. Its current Enterprise Value per Revenue stands at 0.632 whereas that against EBITDA is 6.63.

Stock Price History:

The Beta on a monthly basis for QRTEA is 2.77, which has changed by -0.0777778 over the last 52 weeks, in comparison to a change of 0.2704494 over the same period for the S&P500. Over the past 52 weeks, QRTEA has reached a high of $1.80, while it has fallen to a 52-week low of $0.40. The 50-Day Moving Average of the stock is -22.71%, while the 200-Day Moving Average is calculated to be -3.03%.

Shares Statistics:

For the past three months, QRTEA has traded an average of 4.27M shares per day and 9960510 over the past ten days. A total of 383.05M shares are outstanding, with a floating share count of 354.77M. Insiders hold about 10.61% of the company’s shares, while institutions hold 63.78% stake in the company. Shares short for QRTEA as of 1714435200 were 8051107 with a Short Ratio of 1.89, compared to 1711584000 on 7498167. Therefore, it implies a Short% of Shares Outstanding of 8051107 and a Short% of Float of 2.3.

Earnings Estimates

The current rating of Qurate Retail Inc (QRTEA) is the result of assessments by 1.0 analysts actively engaged in evaluating its market dynamics.On average, analysts expect EPS of $0.11 for the current quarter, with a high estimate of $0.11 and a low estimate of $0.11, while EPS last year was -$0.05. The consensus estimate for the next quarter is $0.12, with high estimates of $0.12 and low estimates of $0.12.

Analysts are recommending an EPS of between $0.66 and $0.66 for the fiscal current year, implying an average EPS of $0.66. EPS for the following year is $0.7, with 1.0 analysts recommending between $0.7 and $0.7.

Revenue Estimates

A total of 1 analysts believe the company’s revenue will be $2.49B this quarter.It ranges from a high estimate of $2.49B to a low estimate of $2.49B. As of the current estimate, Qurate Retail Inc’s year-ago sales were $2.71BFor the next quarter, 1 analysts are estimating revenue of $2.46B. There is a high estimate of $2.46B for the next quarter, whereas the lowest estimate is $2.46B.

A total of 1 analysts have provided revenue estimates for QRTEA’s current fiscal year. The highest revenue estimate was $10.45B, while the lowest revenue estimate was $10.45B, resulting in an average revenue estimate of $10.45B. In the same quarter a year ago, actual revenue was $10.91BBased on 1 analysts’ estimates, the company’s revenue will be $10.4B in the next fiscal year. The high estimate is $10.4B and the low estimate is $10.4B.

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