Qurate Retail Inc. (NASDAQ: QRTEA) is 3.56% higher on its value in year-to-date trading and has touched a low of $1.95 and a high of $11.49 in the current 52-week trading range. The QRTEA stock was last observed hovering at around $11.23 in the last trading session, with the day’s gains setting it 0.13% off its average median price target of $11.50 for the next 12 months. It is also 5.33% off the consensus price target high of $12.00 offered by 6 analysts, but current levels are -19.58% lower than the price target low of $9.50 for the same period.
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Currently trading at $11.36, the stock is 7.33% and 25.89% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.59 million and changing 1.16% at the moment leaves the stock 69.08% off its SMA200. QRTEA registered 114.26% gain for a year compared to 6-month gain of 86.02%. The firm has a 50-day simple moving average (SMA 50) of $10.50 and a 200-day simple moving average (SMA200) of $9.36.
The stock witnessed a 8.81% loss in the last 1 month and extending the period to 3 months gives it a 80.73%, and is 5.97% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.51% over the week and 4.73% over the month.
Qurate Retail Inc. (QRTEA) has around 25228 employees, a market worth around $5.13B and $13.90B in sales. Current P/E ratio is 7.01 and Fwd P/E is 5.44. Profit margin for the company is 4.90%. Distance from 52-week low is 481.56% and -1.13% from its 52-week high. The company has generated returns on investments over the last 12 months (3.20%).
Qurate Retail Inc. (QRTEA) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Qurate Retail Inc. (QRTEA) is a “Hold”. 6 analysts offering their recommendations for the stock have an average rating of 2.70, where 5 rate it as a Hold and 0 think it is a “Overweight”. 1 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Qurate Retail Inc. quarterly earnings per share for the current quarter are estimated at $0.77 with sales reaching $4.42B over the same period.The EPS is expected to shrink by -164.50% this year, but quarterly earnings will post 5.10% year-over-year. Quarterly sales are estimated to grow 5.90% in year-over-year returns.
Qurate Retail Inc. (QRTEA) Top Institutional Holders
468 institutions hold shares in Qurate Retail Inc. (QRTEA), with 9.79M shares held by insiders accounting for 2.35% while institutional investors hold 99.80% of the company’s shares. The shares outstanding are 417.00M, and float is at 379.70M with Short Float at 6.18%. Institutions hold 97.46% of the Float.
The top institutional shareholder in the company is Dodge & Cox Inc with over 61.31 million shares valued at $440.22 million. The investor’s holdings represent 15.81% of the QRTEA Shares outstanding. As of Sep 29, 2020, the second largest holder is Vanguard Group, Inc. (The) with 33.88 million shares valued at $243.25 million to account for 8.74% of the shares outstanding. The other top investors are Ameriprise Financial, Inc. which holds 19.18 million shares representing 4.95% and valued at over $137.71 million, while FPR Partners, LLC holds 4.39% of the shares totaling 17.03 million with a market value of $122.25 million.
Qurate Retail Inc. (QRTEA) Insider Activity
A total of 31 insider transactions have happened at Qurate Retail Inc. (QRTEA) in the last six months, with sales accounting for 4 and purchases happening 27 times. The most recent transaction is an insider sale by GEORGE MICHAEL A, the company’s President, CEO. SEC filings show that GEORGE MICHAEL A sold 100,000 shares of the company’s common stock on Jan 04 at a price of $10.67 per share for a total of $1.07 million. Following the sale, the insider now owns 2.51 million shares.
Qurate Retail Inc. disclosed in a document filed with the SEC on Nov 23 that Wendling Brian J (CAO/PFO) bought a total of 2,000 shares of the company’s common stock. The trade occurred on Nov 23 and was made at $99.15 per share for $0.2 million. Following the transaction, the insider now directly holds 5091.0 shares of the QRTEA stock.
Still, SEC filings show that on Sep 15, Wendling Brian J (CAO/PFO) acquired 996 shares at an average price of $100.22 for $99816.0. The insider now directly holds 3,091 shares of Qurate Retail Inc. (QRTEA).