Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools:

Qurate Retail, Inc. (NASDAQ:QRTEA - Get Rating) shares traded down 2.3% on Thursday after Citigroup lowered their price target on the stock from $4.00 to $3.00. Citigroup currently has a neutral rating on the stock. Qurate Retail traded as low as $2.58 and last traded at $2.58. 40,816 shares traded hands during trading, a decline of 100% from the average session volume of 8,537,842 shares. The stock had previously closed at $2.64.

A number of other research firms have also weighed in on QRTEA. Evercore ISI reduced their price objective on shares of Qurate Retail to $3.00 in a research note on Monday. StockNews.com lowered shares of Qurate Retail from a "hold" rating to a "sell" rating in a research note on Tuesday, April 26th.

Institutional investors have recently added to or reduced their stakes in the company. Vise Technologies Inc. bought a new stake in Qurate Retail in the first quarter worth $59,000. Verition Fund Management LLC bought a new stake in Qurate Retail in the first quarter worth $229,000. Mirae Asset Global Investments Co. Ltd. increased its position in Qurate Retail by 44.3% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 579,315 shares of the company's stock worth $2,757,000 after purchasing an additional 177,730 shares during the last quarter. Toroso Investments LLC increased its position in Qurate Retail by 204.5% during the first quarter. Toroso Investments LLC now owns 78,984 shares of the company's stock valued at $376,000 after acquiring an additional 53,048 shares during the last quarter. Finally, BNP Paribas Arbitrage SA increased its position in Qurate Retail by 120.6% during the first quarter. BNP Paribas Arbitrage SA now owns 103,187 shares of the company's stock valued at $491,000 after acquiring an additional 56,421 shares during the last quarter. Hedge funds and other institutional investors own 84.62% of the company's stock.

If you’re new to trading, then you’ve probably heard the wrong thing about options—that they’re risky, unpredictable, or difficult. And it couldn’t be more wrong! With the Hughes Optioneering Strategy, you’ll soon learn that the safest option for new accounts is options themselves!

The company has a debt-to-equity ratio of 1.73, a current ratio of 0.97 and a quick ratio of 0.56. The firm has a market cap of $997.05 million, a P/E ratio of 9.10 and a beta of 1.84. The stock's 50-day simple moving average is $3.55 and its two-hundred day simple moving average is $5.24.

Qurate Retail (NASDAQ:QRTEA - Get Rating) last issued its earnings results on Friday, May 6th. The company reported $0.15 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.28 by ($0.13). The company had revenue of $2.88 billion for the quarter. Qurate Retail had a net margin of 0.99% and a return on equity of 15.84%. As a group, sell-side analysts expect that Qurate Retail, Inc. will post 0.85 earnings per share for the current year.

About Qurate Retail (NASDAQ:QRTEA)

Qurate Retail, Inc, together with its subsidiaries, engages in the video and online commerce industries in North America, Europe, and Asia. The company markets and sells various consumer products primarily through merchandise-focused televised shopping programs, Internet, and mobile applications. It also operates as an online retailer offering women's, children's, and men's apparel; and other products, such as home, accessories, and beauty products through its app, mobile, and desktop applications.

Further ReadingGet a free copy of the StockNews.com research report on Qurate Retail (QRTEA)Does Micron Technology (NASDAQ: MU) Deserve To Be In Your Portfolio?Helen Of Troy Is What We Fear Most About Q2 Earnings Will Samsung Results Put A Bottom In Chip Stocks?3 Growth Stocks Trading at Value P/E'sPhreesia Stock is a Healthcare IT Play

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Before you consider Qurate Retail, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Qurate Retail wasn't on the list.

While Qurate Retail currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

Complete the form below to receive the latest headlines and analysts' recommendations for your stocks with our free daily email newsletter:

Today’s interview is a little different, in that you get a LOT of market perspective from someone who’s been analyzing stocks from the ground up, for more than three decades. In this conversation, Kate chats with Nancy Zambell, the chief analyst for the Cabot Money Club Letter - and Nancy has a really deep and varied background in the financial industry - as she mentions in this interview, she’s been a banker, real estate professional, and a stock market analyst.

Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools:

View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.

Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.

Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

Twitter Facebook StockTwits Financial Juice YouTube

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved. 326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at contact@marketbeat.com | (844) 978-6257 MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security. Our Accessibility Statement | Terms of Service | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer.