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The closing price of Qurate Retail Inc (NASDAQ: QRTEA) was $0.97 for the day, down -2.51% from the previous closing price of $1.00. In other words, the price has decreased by $-2.51 from its previous closing price. On the day, 5.64 million shares were traded. QRTEA stock price reached its highest trading level at $1.018 during the session, while it also had its lowest trading level at $0.94.
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 0.34 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 0.55. 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 406605440 and an Enterprise Value of 6640748032. 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 0.99. Its current Enterprise Value per Revenue stands at 0.608 whereas that against EBITDA is 7.133.
Stock Price History:
The Beta on a monthly basis for QRTEA is 2.77, which has changed by 0.33333337 over the last 52 weeks, in comparison to a change of 0.2006725 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 -14.98%, while the 200-Day Moving Average is calculated to be 12.28%.
Shares Statistics:
QRTEA traded an average of 2.94M shares per day over the past three months and 2661100 shares per day over the past ten days. A total of 383.05M shares are outstanding, with a floating share count of 350.31M. Insiders hold about 10.58% of the company’s shares, while institutions hold 64.39% stake in the company. Shares short for QRTEA as of 1711584000 were 7498167 with a Short Ratio of 2.55, compared to 1709164800 on 6194895. Therefore, it implies a Short% of Shares Outstanding of 7498167 and a Short% of Float of 2.39.
Earnings Estimates
The current market rating for Qurate Retail Inc (QRTEA) reflects the collective analysis of Liberty Interactive Corporation analysts closely monitoring its performance.The consensus estimate for the next quarter is $46.52, with high estimates of $105.00 and low estimates of $3.99.
