The 36-month beta value for QRTEA is also noteworthy at 2.70. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”
The public float for QRTEA is 354.96M, and at present, short sellers hold a 1.06% of that float. The average trading volume of QRTEA on November 26, 2024 was 2.83M shares.
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QRTEA) stock’s latest price update
Qurate Retail Inc (NASDAQ: QRTEA)’s stock price has increased by 8.64 compared to its previous closing price of 0.40. However, the company has seen a 7.27% increase in its stock price over the last five trading sessions. seekingalpha.com reported 2024-11-22 that Despite the recent stock price decline, Qurate Retail remains financially strong with $873 million in cash and a $1.8 billion credit availability, focusing on debt reduction and strategic growth. CEO David Rawlinson emphasizes disciplined cost management, maintaining gross margins, and proactive balance sheet management amid challenging macroeconomic conditions and declining sales. Qurate Retail plans to leverage social media and streaming for a $1.5 billion revenue run-rate in three years, maintaining double-digit OIBDA margins and 2.5x leverage.
QRTEA’s Market Performance
QRTEA’s stock has risen by 7.27% in the past week, with a monthly drop of -20.01% and a quarterly drop of -28.91%. The volatility ratio for the week is 10.90% while the volatility levels for the last 30 days are 8.02% for Qurate Retail Inc The simple moving average for the past 20 days is -6.55% for QRTEA’s stock, with a -43.65% simple moving average for the past 200 days.
Analysts’ Opinion of QRTEA
Many brokerage firms have already submitted their reports for QRTEA stocks, with BofA Securities repeating the rating for QRTEA by listing it as a “Underperform.” The predicted price for QRTEA in the upcoming period, according to BofA Securities is $1.20 based on the research report published on November 04, 2022 of the previous year 2022.
BofA Securities, on the other hand, stated in their research note that they expect to see QRTEA reach a price target of $6.30, previously predicting the price at $11.50. The rating they have provided for QRTEA stocks is “Neutral” according to the report published on February 28th, 2022.
BofA Securities gave a rating of “Buy” to QRTEA, setting the target price at $16 in the report published on April 09th of the previous year.
QRTEA Trading at -19.36% from the 50-Day Moving Average
After a stumble in the market that brought QRTEA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -75.89% of loss for the given period.
Volatility was left at 8.02%, however, over the last 30 days, the volatility rate increased by 10.90%, as shares sank -19.48% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -17.71% lower at present.
During the last 5 trading sessions, QRTEA rose by +7.27%, which changed the moving average for the period of 200-days by -48.38% in comparison to the 20-day moving average, which settled at $0.4644. In addition, Qurate Retail Inc saw -50.43% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at QRTEA starting from Wendling Brian J, who sale 43,064 shares at the price of $0.36 back on Nov 21 ’24. After this action, Wendling Brian J now owns 0 shares of Qurate Retail Inc, valued at $15,572 using the latest closing price.
Wilm Renee L, the Chief Legal/Admin Officer of Qurate Retail Inc, sale 75,789 shares at $0.97 during a trade that took place back on Sep 12 ’24, which means that Wilm Renee L is holding 0 shares at $73,808 based on the most recent closing price.
Stock Fundamentals for QRTEA
Current profitability levels for the company are sitting at:
- 0.07 for the present operating margin
- 0.27 for the gross margin
The net margin for Qurate Retail Inc stands at -0.03. The total capital return value is set at 0.09. Equity return is now at value -56.13, with -2.49 for asset returns.
Based on Qurate Retail Inc (QRTEA), the company’s capital structure generated 0.93 points at debt to capital in total, while cash flow to debt ratio is standing at 0.12. The debt to equity ratio resting at 12.74. The interest coverage ratio of the stock is 1.51.
Currently, EBITDA for the company is 924.0 million with net debt to EBITDA at 6.58. When we switch over and look at the enterprise to sales, we see a ratio of 0.49. The receivables turnover for the company is 11.59for trailing twelve months and the total asset turnover is 0.95. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.22.
Conclusion
In summary, Qurate Retail Inc (QRTEA) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
