The closing price of Qurate Retail Inc (NASDAQ: QRTEA) was $1.16 for the day, down -4.13% from the previous closing price of $1.21. In other words, the price has decreased by -$0.0500 from its previous closing price. On the day, 2105911 shares were traded.
Ratios:
Our analysis of QRTEA’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 0.40 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 0.66. For the most recent quarter (mrq), Quick Ratio is recorded 1.01 and its Current Ratio is at 1.41. In the meantime, Its Debt-to-Equity ratio is 18.87 whereas as Long-Term Debt/Eq ratio is at 17.10.
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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 476.52M and an Enterprise Value of 5.31B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.04 while its Price-to-Book (P/B) ratio in mrq is 1.18. Its current Enterprise Value per Revenue stands at 0.49 whereas that against EBITDA is 5.75.
Stock Price History:
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 1.0606, while the 200-Day Moving Average is calculated to be 0.8571.
Shares Statistics:
QRTEA traded an average of 2.88M shares per day over the past three months and 3.04M shares per day over the past ten days. A total of 383.05M shares are outstanding, with a floating share count of 350.07M. Insiders hold about 10.64% of the company’s shares, while institutions hold 64.31% stake in the company. Shares short for QRTEA as of Feb 29, 2024 were 6.19M with a Short Ratio of 2.15, compared to 6.59M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.58% and a Short% of Float of 1.97%.
Earnings Estimates
The firm’s stock currently is rated by 0 analysts. On average, analysts expect EPS of $0 for the current quarter, with a high estimate of $0 and a low estimate of $0, while EPS last year was -$0.05. The consensus estimate for the next quarter is $0.04, with high estimates of $0.04 and low estimates of $0.04.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0. EPS for the following year is $0.66, with 1 analysts recommending between $0.66 and $0.66.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 1 analysts. It ranges from a high estimate of $3.12B to a low estimate of $3.12B. As of the current estimate, Qurate Retail Inc’s year-ago sales were $3.53B, an estimated decrease of -10.90% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $2.4B, a decrease of -9.30% over than the figure of -$10.90% in the same quarter last year. There is a high estimate of $2.4B for the next quarter, whereas the lowest estimate is $2.4B.
A total of 1 analysts have provided revenue estimates for QRTEA’s current fiscal year. The highest revenue estimate was $10.89B, while the lowest revenue estimate was $10.89B, resulting in an average revenue estimate of $10.91B. In the same quarter a year ago, actual revenue was $12.11B, down -9.80% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $10.45B in the next fiscal year. The high estimate is $10.45B and the low estimate is $10.45B. The average revenue growth estimate for next year is down -4.30% from the average revenue estimate for this year.
