Is Qurate Retail Inc (QRTEA) a good stock to buy now?

Qurate Retail Inc (NASDAQ: QRTEA) is 2.28% higher on its value in year-to-date trading and has touched a low of $0.40 and a high of $2.50 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The QRTEA stock was last observed hovering at around $0.84 in the last trading session, with the day’s gains setting it 0.06%.

Currently trading at $0.90, the stock is 6.50% and 2.48% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.67 million and changing 6.51% at the moment leaves the stock 10.05% off its SMA200. QRTEA registered -62.84% loss for a year compared to 6-month gain of 0.73%. The firm has a 50-day simple moving average (SMA 50) of $0.48 and a 200-day simple moving average (SMA200) of $5.00.

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The stock witnessed a -1.97% loss in the last 1 month and extending the period to 3 months gives it a 41.76%, and is 11.94% 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 6.19% over the week and 7.58% over the month.

Qurate Retail Inc (QRTEA) has around Nov 12 2021 employees, a market worth around $348.71M and $11.30B in sales. Current P/E ratio is 4.57 and Fwd P/E is 1.32. Profit margin for the company is 0.68%. Distance from 52-week low is 123.87% and -64.18% from its 52-week high. The company has generated returns on investments over the last 12 months (1.06%).

Qurate Retail Inc quarterly earnings per share for the current quarter are estimated at $0.13 with sales reaching $3.12B over the same period.The EPS is expected to grow by 109.16% this year, but quarterly earnings will post -10.00% year-over-year. Quarterly sales are estimated to shrink -11.40% in year-over-year returns.

Qurate Retail Inc (QRTEA) Top Institutional Holders

258 institutions hold shares in Qurate Retail Inc (QRTEA), with institutional investors hold 76.40% of the company’s shares. The shares outstanding are 374.39M, and float is at 348.85M with Short Float at 1.89%. Institutions hold 70.10% of the Float.

The top institutional shareholder in the company is Vanguard Group Inc with over 35.48 million shares valued at $35.12 million. The investor’s holdings represent 9.33% of the QRTEA Shares outstanding. As of Jun 29, 2023, the second largest holder is Contrarius Investment Management Limited with 35.41 million shares valued at $35.05 million to account for 9.32% of the shares outstanding. The other top investors are Fpr Partners Llc which holds 28.2 million shares representing 7.42% and valued at over $27.91 million, while Ameriprise Financial, Inc. holds 4.47% of the shares totaling 16.98 million with a market value of $16.81 million.

Qurate Retail Inc (QRTEA) Insider Activity

A total of 1 insider transactions have happened at Qurate Retail Inc (QRTEA) in the last six months, with sales accounting for 1 and purchases happening 0 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 20,000 shares of the company’s common stock on Nov 27 at a price of $0.89 per share for a total of $17852.0. Following the sale, the insider now owns 20000.0 shares.

Qurate Retail Inc disclosed in a document filed with the SEC on Nov 08 that ROMRELL LARRY E (Director) sold a total of 1,204 shares of the company’s common stock. The trade occurred on Nov 08 and was made at $28.56 per share for $34383.0. Following the transaction, the insider now directly holds 0.0 shares of the QRTEA stock.

Still, SEC filings show that on Sep 20, Wendling Brian J (CAO/PFO) disposed off 26,231 shares at an average price of $0.63 for $16526.0. The insider now directly holds 40,000 shares of Qurate Retail Inc (QRTEA).

Qurate Retail Inc (QRTEA): Who are the competitors?

The company’s main competitors (and peers) include Amazon.com Inc. (AMZN) that is trading 73.14% up over the past 12 months. Walmart Inc. (WMT) that is 16.72% higher over the same period.