Liberty Interactive Corporation (NASDAQ:QVCA) has been given a consensus recommendation of “Buy” by the fourteen research firms that are covering the firm, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold rating and eleven have issued a buy rating on the company. The average 12 month target price among analysts that have issued a report on the stock in the last year is $30.00.
A number of research firms have recently issued reports on QVCA. BidaskClub upgraded shares of Liberty Interactive Corporation from a “buy” rating to a “strong-buy” rating in a report on Wednesday, June 28th. ValuEngine cut shares of Liberty Interactive Corporation from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. FBR & Co raised their target price on shares of Liberty Interactive Corporation from $26.00 to $28.00 and gave the company an “outperform” rating in a research note on Friday, July 7th. Aegis raised their target price on shares of Liberty Interactive Corporation from $31.00 to $33.00 and gave the company a “buy” rating in a research note on Friday, July 7th. Finally, Maxim Group decreased their target price on shares of Liberty Interactive Corporation from $39.00 to $37.00 and set a “buy” rating for the company in a research note on Friday, July 7th.
Institutional investors have recently added to or reduced their stakes in the company. Meeder Asset Management Inc. boosted its position in Liberty Interactive Corporation by 115.9% in the second quarter. Meeder Asset Management Inc. now owns 4,205 shares of the company’s stock worth $103,000 after buying an additional 2,257 shares during the period. Global X Management Co. LLC boosted its position in Liberty Interactive Corporation by 32.2% in the first quarter. Global X Management Co. LLC now owns 5,969 shares of the company’s stock worth $119,000 after buying an additional 1,454 shares during the period. Harbour Capital Advisors LLC boosted its position in Liberty Interactive Corporation by 2,353.9% in the second quarter. Harbour Capital Advisors LLC now owns 6,871 shares of the company’s stock worth $280,000 after buying an additional 6,591 shares during the period. Financial Architects Inc boosted its position in Liberty Interactive Corporation by 121.9% in the first quarter. Financial Architects Inc now owns 7,107 shares of the company’s stock worth $143,000 after buying an additional 3,904 shares during the period. Finally, Ameritas Investment Partners Inc. bought a new position in Liberty Interactive Corporation during the first quarter worth approximately $158,000. 89.75% of the stock is owned by hedge funds and other institutional investors.
Liberty Interactive Corporation (QVCA) traded down 1.242% during mid-day trading on Friday, hitting $23.929. 660,871 shares of the company traded hands. Liberty Interactive Corporation has a one year low of $17.24 and a one year high of $26.95. The stock has a market capitalization of $10.79 billion, a price-to-earnings ratio of 24.073 and a beta of 1.22. The company’s 50-day moving average is $24.10 and its 200-day moving average is $21.53.
Liberty Interactive Corporation (NASDAQ:QVCA) last posted its quarterly earnings data on Tuesday, May 9th. The company reported $0.37 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.33 by $0.04. Liberty Interactive Corporation had a net margin of 4.59% and a return on equity of 9.98%. The company had revenue of $2.32 billion for the quarter, compared to the consensus estimate of $2.32 billion. Analysts predict that Liberty Interactive Corporation will post $1.09 EPS for the current year.
Liberty Interactive Corporation Company Profile
Liberty Interactive Corporation owns interests in subsidiaries and other companies, which are primarily engaged in the video and online commerce industries. Through its subsidiaries and affiliates, the Company operates in North America, Europe and Asia. Its principal businesses and assets include its subsidiaries QVC, Inc (QVC), zulily, llc (zulily) and and Evite, Inc (Evite).
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