Qurate Retail Inc. (NASDAQ: QRTEA) is -31.90% lower on its value in year-to-date trading and has touched a low of $1.11 and a high of $5.25 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The QRTEA stock was last observed hovering at around $1.16 in the last trading session, with the day’s loss setting it -0.05% off its average median price target of $1.45 for the next 12 months. It is also 41.58% off the consensus price target high of $1.90 offered by 2 analysts, but current levels are -11.0% lower than the price target low of $1.00 for the same period.
Currently trading at $1.11, the stock is -39.98% and -45.34% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.85 million and changing -4.31% at the moment leaves the stock -55.47% off its SMA200. QRTEA registered -76.92% loss for a year compared to 6-month loss of -64.54%.
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The stock witnessed a -51.74% gain in the last 1 month and extending the period to 3 months gives it a -43.94%, and is -18.38% down 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 10.98% over the week and 8.35% over the month.
Qurate Retail Inc. (QRTEA) has around 24600 employees, a market worth around $487.00M and $12.11B in sales. Fwd P/E is 2.70. Profit margin for the company is -21.40%. Distance from 52-week low is 0.00% and -78.86% from its 52-week high. The company has generated returns on investments over the last 12 months (-28.20%).
Qurate Retail Inc. (QRTEA) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Qurate Retail Inc. (QRTEA) is a “Underweight”. 2 analysts offering their recommendations for the stock have an average rating of 3.50, where 1 rate it as a Hold and 0 think it is a “Overweight”. 0 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
The EPS is expected to shrink by -926.70% this year.
Qurate Retail Inc. (QRTEA) Top Institutional Holders
The shares outstanding are 380.00M, and float is at 341.40M with Short Float at 6.33%.
Qurate Retail Inc. (QRTEA) Insider Activity
A total of 8 insider transactions have happened at Qurate Retail Inc. (QRTEA) in the last six months, with sales accounting for 1 and purchases happening 7 times. The most recent transaction is an insider sale by Wendling Brian J,the company’sCAO/PFO. SEC filings show that Wendling Brian J sold 15,732 shares of the company’s common stock on Aug 30 at a price of $3.17 per share for a total of $49875.0. Following the sale, the insider now owns 59584.0 shares.
Qurate Retail Inc. disclosed in a document filed with the SEC on Aug 29 that Wendling Brian J (CAO/PFO) sold a total of 9,268 shares of the company’s common stock. The trade occurred on Aug 29 and was made at $3.20 per share for $29662.0. Following the transaction, the insider now directly holds 75316.0 shares of the QRTEA stock.
Qurate Retail Inc. (QRTEA): Who are the competitors?
The company’s main competitors (and peers) include Amazon.com Inc. (AMZN) that is trading -34.80% down over the past 12 months and Walmart Inc. (WMT) that is -2.79% lower over the same period. Liberty Broadband Corporation (LBRDA) is -42.81% down on the 1-year trading charts.
