Qurate Retail Inc Series A (NASDAQ:QRTEA) – Equities researchers at KeyCorp boosted their Q3 2018 earnings per share estimates for Qurate Retail Inc Series A in a research report issued on Wednesday, August 8th. KeyCorp analyst E. Yruma now forecasts that the company will earn $0.39 per share for the quarter, up from their prior estimate of $0.37. KeyCorp also issued estimates for Qurate Retail Inc Series A’s Q4 2018 earnings at $0.74 EPS, FY2018 earnings at $2.06 EPS and FY2019 earnings at $2.23 EPS.

Other research analysts have also issued research reports about the stock. Zacks Investment Research lowered shares of Qurate Retail Inc Series A from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 9th. ValuEngine lowered shares of Qurate Retail Inc Series A from a “sell” rating to a “strong sell” rating in a research note on Saturday, June 2nd. FBN Securities upgraded shares of Qurate Retail Inc Series A from a “sector perform” rating to an “outperform” rating and set a $32.41 price objective on the stock in a research note on Tuesday, April 24th. Citigroup dropped their price objective on shares of Qurate Retail Inc Series A from $25.00 to $18.00 and set a “sell” rating on the stock in a research note on Tuesday, June 19th. Finally, Aegis reiterated a “buy” rating and issued a $30.00 price objective on shares of Qurate Retail Inc Series A in a research note on Monday, May 28th. 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 assigned a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $30.49.

QRTEA stock opened at $22.34 on Monday. Qurate Retail Inc Series A has a 52-week low of $20.15 and a 52-week high of $29.11. The company has a current ratio of 1.00, a quick ratio of 0.71 and a debt-to-equity ratio of 1.08. The company has a market cap of $10.69 billion, a PE ratio of 6.98, a PEG ratio of 0.78 and a beta of 1.34.

Qurate Retail Inc Series A (NASDAQ:QRTEA) last released its quarterly earnings results on Wednesday, August 8th. The company reported $0.45 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.46 by ($0.01). Qurate Retail Inc Series A had a net margin of 10.97% and a return on equity of 21.05%. The firm had revenue of $3.23 billion for the quarter, compared to analyst estimates of $3.23 billion.

A number of institutional investors have recently added to or reduced their stakes in the business. FTB Advisors Inc. grew its position in Qurate Retail Inc Series A by 1,192.2% in the second quarter. FTB Advisors Inc. now owns 5,311 shares of the company’s stock worth $111,000 after acquiring an additional 4,900 shares in the last quarter. Bronfman E.L. Rothschild L.P. bought a new stake in Qurate Retail Inc Series A in the second quarter worth approximately $159,000. Icon Wealth Partners LLC bought a new stake in Qurate Retail Inc Series A in the second quarter worth approximately $161,000. LS Investment Advisors LLC bought a new stake in Qurate Retail Inc Series A in the second quarter worth approximately $165,000. Finally, Fox Run Management L.L.C. bought a new stake in Qurate Retail Inc Series A in the second quarter worth approximately $201,000. Hedge funds and other institutional investors own 85.31% 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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