The closing price of Qurate Retail Inc (NASDAQ: QRTEA) was $1.02 for the day, up 0.99% from the previous closing price of $1.01. On the day, 3013452 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 0.35 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 0.58. 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:
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 1.04.
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.
Shares Statistics:
A total of 383.05M shares are outstanding, with a floating share count of 350.27M. Insiders hold about 10.59% of the company’s shares, while institutions hold 64.26% stake in the company.
Earnings Estimates
The firm’s stock currently is rated by Liberty Interactive Corporation analysts. The consensus estimate for the next quarter is $45.83, with high estimates of $105.00 and low estimates of $3.95.
