Qurate Retail Inc Series A (NASDAQ:QRTEA) – Equities researchers at B. Riley raised their FY2018 earnings per share estimates for Qurate Retail Inc Series A in a note issued to investors on Monday, December 3rd. B. Riley analyst B. Crockett now expects that the company will earn $2.22 per share for the year, up from their previous forecast of $2.02. B. Riley also issued estimates for Qurate Retail Inc Series A’s Q4 2018 earnings at $0.92 EPS, FY2019 earnings at $2.68 EPS and FY2020 earnings at $3.31 EPS.

Several other research analysts also recently commented on the company. Zacks Investment Research downgraded Qurate Retail Inc Series A from a “buy” rating to a “hold” rating in a report on Friday, November 16th. Aegis lifted their target price on Qurate Retail Inc Series A from $30.00 to $31.00 and gave the stock a “buy” rating in a report on Monday, November 19th. ValuEngine raised Qurate Retail Inc Series A from a “strong sell” rating to a “sell” rating in a report on Wednesday, August 8th. Finally, Citigroup lifted their target price on Qurate Retail Inc Series A from $18.00 to $19.00 and gave the stock a “sell” rating in a report on Friday, August 17th. Two research analysts have rated the stock with a sell rating, one has issued a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. The stock has a consensus rating of “Buy” and an average target price of $30.71.

NASDAQ QRTEA opened at $22.03 on Tuesday. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.51 and a current ratio of 0.97. Qurate Retail Inc Series A has a twelve month low of $20.00 and a twelve month high of $29.11. The firm has a market cap of $9.99 billion, a P/E ratio of 6.78, a PEG ratio of 2.16 and a beta of 1.06.

Qurate Retail Inc Series A (NASDAQ:QRTEA) last released its quarterly earnings data on Friday, November 9th. The company reported $0.37 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.33 by $0.04. Qurate Retail Inc Series A had a return on equity of 22.24% and a net margin of 9.88%. The company had revenue of $3.23 billion for the quarter, compared to the consensus estimate of $3.19 billion. The business’s revenue for the quarter was up 35.7% on a year-over-year basis.

Hedge funds have recently bought and sold shares of the company. Signaturefd LLC bought a new position in shares of Qurate Retail Inc Series A in the 2nd quarter worth about $106,000. FTB Advisors Inc. increased its position in Qurate Retail Inc Series A by 1,192.2% in the 2nd quarter. FTB Advisors Inc. now owns 5,311 shares of the company’s stock valued at $111,000 after buying an additional 4,900 shares in the last quarter. Proequities Inc. bought a new stake in Qurate Retail Inc Series A in the 3rd quarter valued at about $119,000. CENTRAL TRUST Co increased its position in Qurate Retail Inc Series A by 204.4% in the 3rd quarter. CENTRAL TRUST Co now owns 5,981 shares of the company’s stock valued at $133,000 after buying an additional 4,016 shares in the last quarter. Finally, Bronfman E.L. Rothschild L.P. bought a new stake in Qurate Retail Inc Series A in the 2nd quarter valued at about $159,000. 86.95% of the stock is owned by hedge funds and other institutional investors.

In other Qurate Retail Inc Series A news, Director Mark C. Vadon sold 122,574 shares of Qurate Retail Inc Series A stock in a transaction dated Tuesday, September 18th. The stock was sold at an average price of $22.05, for a total transaction of $2,702,756.70. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. 0.01% of the stock is currently owned by insiders.

Qurate Retail Inc Series A Company Profile

Qurate Retail, Inc, through its subsidiaries, engages in the video and online commerce industries in North America, Europe, and Asia. It markets and sells various consumer products primarily through live televised shopping programs, Websites, and mobile applications to 374 million households worldwide each day.

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Earnings History and Estimates for Qurate Retail Inc Series A (NASDAQ:QRTEA)

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