Qurate Retail Inc (NASDAQ: QRTEA) Is Worth A Gamble At $0.62

Qurate Retail Inc (NASDAQ:QRTEA)’s traded shares stood at 0.41 million during the latest session, with the company’s beta value hitting 2.75. At the last check today, the stock’s price was $0.62, to imply an increase of 4.48% or $0.03 in intraday trading. The QRTEA share’s 52-week high remains $1.80, putting it -190.32% down since that peak but still an impressive 35.48% since price per share fell to its 52-week low of $0.40. The company has a valuation of $245.14M, with an average of 2.85 million shares in intraday trading volume over the past 10 days and average of 2.60 million shares over the past 3 months.

Qurate Retail Inc (NASDAQ:QRTEA) trade information

After registering a 4.48% upside in the latest session, Qurate Retail Inc (QRTEA) has traded red over the past five days. The 5-day price performance for the stock is 2.20%, and 17.95% over 30 days. With these gigs, the year-to-date price performance is -29.46%. Short interest in Qurate Retail Inc (NASDAQ:QRTEA) saw shorts transact 5.28 million shares and set a 2.19 days time to cover.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Qurate Retail Inc (QRTEA) estimates and forecasts

Revenue is forecast to grow 400.00% this quarter before jumping 210.00% for the next one. The rating firms project that company’s revenue will shrink -6.40% compared to the previous financial year.

Revenue forecast for the current quarter as set by 1 analysts is 2.42B. Meanwhile, for the current quarter, a total of 1 analyst(s) estimate revenue growth to 3.05B.Earnings reports from the last fiscal year show that sales brought in 2.48B and 3.14B respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -2.50% before dropping -2.90% in the following quarter.

QRTEA Dividends

Qurate Retail Inc has its next earnings report out on 2024-Nov-01. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

Qurate Retail Inc (NASDAQ:QRTEA)’s Major holders

Qurate Retail Inc insiders hold 8.54% of total outstanding shares, with institutional holders owning 61.60% of the shares at 67.36% float percentage. In total, 61.60% institutions holds shares in the company, led by CONTRARIUS INVESTMENT MANAGEMENT LTD. As of 2024-06-30, the company held over 35.25 million shares (or 8.9925% of shares), all amounting to roughly $22.21 million.

The next major institution holding the largest number of shares is FPR PARTNERS LLC with 29.93 million shares, or about 7.6354% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $18.86 million.