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Wednesday, September 27, 2023

This Is Too Hot For Qurate Retail Inc. (NASDAQ: QRTEA), Let’s Take A Closer Look

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for Qurate Retail Inc. (QRTEA) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.005, or 0.66%, to $0.7625. The Qurate Retail Inc. has recorded 6,375 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that Qurate Retail, Inc. to Present at Goldman Sachs Communacopia & Technology Conference.

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Stocks Info

As a NASDAQ listed company, QRTEA falls under the Consumer Cyclical sector while operating within the Internet Retail industry segment. At the end of the last regular session, the stock closed at $0.76 and fluctuated between $0.7885 as its day high and $0.7351 as its day low. The current market capitalization of Qurate Retail Inc. is $336.81M. A total of 4.36 million shares were traded on the day, compared to an average of 9.32M shares.

Insider Activity

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, QRTEA has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 11 BUYs and 5 SELLs from insiders. Insiders purchased 548,402 shares during that period but sold 199,764.

In the most recent transaction, MAFFEI GREGORY B sold 101 shares of QRTEA for 35.63 per share on Aug 16. After the transaction, the Chairman of the Board now owns 0 company shares. In a previous transaction on Mar 17, Rawlinson David sold 89,300 shares at 0.92 per share. QRTEA shares that President/CEO owns now total 372,004.

Among the insiders who sold shares, Wilm Renee L disposed of 18,100 shares on Mar 17 at a per-share price of $0.92. This resulted in the Chief Legal/Admin Officer holding 33,166 shares of QRTEA after the transaction. In another insider transaction, ROSENTHALER ALBERT E sold 18,100 shares at $0.92 per share on Mar 17. Company shares held by the Chief Corp. Dev. Officer now total 198,841.

Dividend

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. QRTEA’s most recent ex-dividend date was 11/12/2021 when it declared a $1.25 quarterly dividend that was paid in cash on 11/22/2021. Previously, the company paid the dividend on 12/7/2020 with an ex-dividend date of 11/27/2020. The QRTEA stock dividend was $1.50 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for QRTEA in the last 3 months, the mean price target is $0.65 with high estimates of $0.80 and low estimates of $0.50. In terms of 52-week highs and lows, QRTEA has a high of $3.19 and a low of $0.67.

As of this writing, QRTEA has an earnings estimate of $0.04 per share for the current quarter. EPS was calculated based on a consensus of 1 estimates, with a high estimate of $0.04 per share and a lower estimate of $0.04. The company reported an EPS of -$0.05 in the last quarter, which was 37.50% higher than expectations of -$0.08.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. QRTEA’s latest balance sheet shows that the firm has $587.00M in Cash & Short Term Investments as of fiscal 2021. There were $6.99B in debt and $4.22B in liabilities at the time. Its Book Value Per Share was $1.60, while its Total Shareholder’s Equity was $3.03B.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for QRTEA is Buy with a score of 2.50.

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