Qurate Retail Inc Series A (NASDAQ:QRTEA) reached a new 52-week low during trading on Tuesday . The stock traded as low as $17.00 and last traded at $17.03, with a volume of 128658 shares traded. The stock had previously closed at $17.29.

Several equities research analysts have recently commented on QRTEA shares. Aegis raised their target price on shares of Qurate Retail Inc Series A from $30.00 to $31.00 and gave the stock a “buy” rating in a research report on Monday, November 19th. Zacks Investment Research cut shares of Qurate Retail Inc Series A from a “hold” rating to a “sell” rating in a research report on Thursday, January 17th. Bank of America cut shares of Qurate Retail Inc Series A from a “buy” rating to an “underperform” rating in a research report on Thursday, February 28th. ValuEngine cut shares of Qurate Retail Inc Series A from a “sell” rating to a “strong sell” rating in a research report on Thursday, February 28th. Finally, DA Davidson dropped their target price on shares of Qurate Retail Inc Series A to $25.00 and set a “buy” rating for the company in a research report on Friday, March 1st. Three equities research analysts have rated the stock with a sell rating and five have issued a buy rating to the company. Qurate Retail Inc Series A currently has an average rating of “Hold” and a consensus price target of $27.74.

The stock has a market cap of $7.50 billion, a PE ratio of 9.14 and a beta of 0.98. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.69 and a current ratio of 1.06.

Qurate Retail Inc Series A (NASDAQ:QRTEA) last issued its quarterly earnings results on Wednesday, February 27th. The company reported $0.62 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.81 by ($0.19). Qurate Retail Inc Series A had a net margin of 4.79% and a return on equity of 15.39%. The business had revenue of $4.33 billion for the quarter, compared to analysts’ expectations of $4.40 billion. During the same period last year, the business earned $0.42 earnings per share. The company’s revenue was down 1.0% on a year-over-year basis. On average, analysts anticipate that Qurate Retail Inc Series A will post 1.86 EPS for the current year.

Hedge funds and other institutional investors have recently modified their holdings of the stock. Dodge & Cox increased its stake in Qurate Retail Inc Series A by 35.3% during the 3rd quarter. Dodge & Cox now owns 52,572,349 shares of the company’s stock valued at $1,167,632,000 after purchasing an additional 13,722,089 shares in the last quarter. Norges Bank bought a new stake in Qurate Retail Inc Series A during the 4th quarter valued at about $74,476,000. Bank of New York Mellon Corp bought a new stake in Qurate Retail Inc Series A during the 2nd quarter valued at about $43,883,000. Oregon Public Employees Retirement Fund increased its stake in Qurate Retail Inc Series A by 2,384.3% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 1,677,510 shares of the company’s stock valued at $86,000 after purchasing an additional 1,609,986 shares in the last quarter. Finally, Metropolis Capital Ltd bought a new stake in Qurate Retail Inc Series A during the 4th quarter valued at about $29,166,000. 86.75% of the stock is owned by institutional investors.

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About Qurate Retail Inc Series A (NASDAQ:QRTEA)

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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