Wall Street analysts’ outlook for Qurate Retail Inc (QRTEA)

With 7.97 million shares changed hands, the volume of the stock remained heavier than its average volume of 3.65 million shares. During the session, the Internet Retail company that operates in wider Consumer Cyclical sector, reached to the highest price of $1.01 whereas the lowest price it dropped to was $0.9059. The 52-week range on QRTEA shows that it touched its highest point at $1.80 and its lowest point at $0.40 during that stretch. It currently has a 1-year price target of $1.25. QRTEA paid its most recent dividend on 1636675200, while the ex-dividend date for that was 1636675200. Beta for the stock currently stands at 2.82.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of QRTEA was up-trending over the past week, with a rise of 10.27%, but this was down by -13.72% over a month. Three-month performance surged to 7.22% while six-month performance rose 33.81%. The stock gained 2.94% in the past year, while it has gained 3.47% so far this year. A look at the trailing 12-month EPS for QRTEA yields -0.37 with Next year EPS estimates of 0.70. For the next quarter, that number is 0.04. This implies an EPS growth rate of 279.00% for this year and 6.23% for next year.

Float and Shares Shorts:

At present, 383.05 million QRTEA shares are outstanding with a float of 354.77 million shares on hand for trading. On 2024-04-15, short shares totaled 7.79 million, which was 199.00000000000003 higher than short shares on 1710460800. In addition to Mr. Gregory B. Maffei as the firm’s Executive Chairman, Mr. David L. Rawlinson II serves as its President, CEO & Director.

Institutional Ownership:

Through their ownership of 0.64989 of QRTEA’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2023-12-31, QRTEA reported revenue of $3143000000.0 and operating income of $229000000.0. The EBITDA in the recently reported quarter was $326000000.0 and diluted EPS was $nan.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for QRTEA since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.