Qurate Retail Inc Series A (QRTEA) Receiving Somewhat Positive Press Coverage, Analysis Shows
Media headlines about Qurate Retail Inc Series A (NASDAQ:QRTEA) have been trending somewhat positive on Wednesday, Accern Sentiment reports. The research group scores the sentiment of press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Qurate Retail Inc Series A earned a news sentiment score of 0.10 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 45.6526667542445 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Here are some of the news articles that may have effected Accern Sentiment Analysis’s analysis:
- Why General Mills Could Deliver a Successful Stock Price Recovery (finance.yahoo.com)
- Bay Banks of Virginia, Inc. Announces Noninterest Expense Initiatives (bizjournals.com)
- Amazon Stock Headed for a Sharp Reversal If This One Indicator Is Correct (thestreet.com)
- Conn’s, Inc. (CONN) CEO Norm Miller on Q2 2019 Results – Earnings Call Transcript (seekingalpha.com)
- BOLT ON TECHNOLOGY Makes 2018 Inc. 5000 List for the Third Consecutive Time (bizjournals.com)
Shares of NASDAQ:QRTEA opened at $20.83 on Wednesday. The company has a market cap of $9.57 billion, a PE ratio of 6.41, a P/E/G ratio of 0.80 and a beta of 1.29. Qurate Retail Inc Series A has a one year low of $20.00 and a one year high of $29.11. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.57 and a current ratio of 1.00.
A number of research firms recently weighed in on QRTEA. ValuEngine lowered shares of Qurate Retail Inc Series A from a “sell” rating to a “strong sell” rating in a research report on Thursday, August 23rd. Aegis reissued a “buy” rating and issued a $30.00 price objective on shares of Qurate Retail Inc Series A in a research report on Tuesday, August 21st. Citigroup increased their price objective on shares of Qurate Retail Inc Series A from $18.00 to $19.00 and gave the stock a “sell” rating in a research report on Friday, August 17th. Zacks Investment Research raised shares of Qurate Retail Inc Series A from a “sell” rating to a “hold” rating in a research report on Saturday, August 11th. Finally, B. Riley reduced their price objective on shares of Qurate Retail Inc Series A from $33.00 to $30.00 and set a “buy” rating on the stock in a research report on Tuesday, May 22nd. Two research analysts have rated the stock with a sell rating, one has issued a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus target price of $30.60.
In related news, CEO Michael A. George bought 220,600 shares of Qurate Retail Inc Series A stock in a transaction dated Thursday, August 30th. The shares were acquired at an average cost of $20.40 per share, with a total value of $4,500,240.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.01% of the company’s stock.
About Qurate Retail Inc Series A
Qurate Retail Group, Inc markets and sells various consumer products primarily through live merchandise-focused televised shopping programs, Websites, and mobile applications. The company's Websites offers home, apparel, beauty, accessories, jewelry, and electronics products. It also operates as an online retailer of women's, children's, and men's apparel, and children's merchandise; and home, beauty, and personalized products, as well as retails its products through catalogs, and retail and outlet stores.
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