Qurate Retail Group (QRTEA) Earns Coverage Optimism Rating of 0.37

Headlines about Qurate Retail Group (NASDAQ:QRTEA) have trended positive recently, Accern Sentiment reports. The research firm identifies negative and positive press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Qurate Retail Group earned a coverage optimism score of 0.37 on Accern’s scale. Accern also assigned news stories about the company an impact score of 45.6274913458528 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

Here are some of the news stories that may have effected Accern Sentiment Analysis’s analysis:

Qurate Retail Group traded down $0.56, hitting $22.00, during mid-day trading on Tuesday, according to MarketBeat.com. The company’s stock had a trading volume of 1,975,545 shares, compared to its average volume of 2,701,287. Qurate Retail Group has a twelve month low of $20.79 and a twelve month high of $29.11. The company has a current ratio of 1.09, a quick ratio of 0.71 and a debt-to-equity ratio of 1.07. The company has a market cap of $10.61 billion, a P/E ratio of 6.77, a PEG ratio of 1.00 and a beta of 1.39.

Qurate Retail Group (NASDAQ:QRTEA) last posted its quarterly earnings results on Thursday, March 1st. The company reported $2.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.63 by $1.49. Qurate Retail Group had a net margin of 11.15% and a return on equity of 19.57%. The business had revenue of $3.34 billion during the quarter, compared to the consensus estimate of $3.24 billion. sell-side analysts predict that Qurate Retail Group will post 2.2 EPS for the current year.

A number of research analysts recently issued reports on QRTEA shares. Zacks Investment Research lowered shares of Qurate Retail Group from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 9th. BidaskClub upgraded shares of Qurate Retail Group from a “hold” rating to a “buy” rating in a report on Wednesday, January 31st. Bank of America dropped their price objective on shares of Qurate Retail Group from $39.00 to $36.00 and set a “buy” rating for the company in a report on Friday, March 2nd. FBN Securities upgraded shares of Qurate Retail Group from a “sector perform” rating to an “outperform” rating and set a $32.41 price objective for the company in a report on Tuesday, April 24th. Finally, UBS reiterated a “buy” rating and issued a $33.00 price objective (up previously from $30.00) on shares of Qurate Retail Group in a report on Monday, March 5th. Two analysts have rated the stock with a sell rating, one has assigned a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company. Qurate Retail Group currently has an average rating of “Buy” and an average target price of $31.62.

About Qurate Retail Group

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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