Liberty Interactive Corporation (NASDAQ:QVCA) has received an average recommendation of “Buy” from the eleven research firms that are presently covering the firm, Marketbeat.com reports. Two research analysts have rated the stock with a hold recommendation and nine have given a buy recommendation to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $30.00.
Several research analysts have weighed in on the stock. ValuEngine cut shares of Liberty Interactive Corporation from a “buy” rating to a “hold” rating in a report on Friday, June 2nd. Aegis reaffirmed a “buy” rating and set a $31.00 target price (up from $27.00) on shares of Liberty Interactive Corporation in a report on Tuesday, May 30th. Maxim Group raised their target price on shares of Liberty Interactive Corporation from $36.00 to $39.00 and gave the stock a “buy” rating in a report on Wednesday, May 10th. Citigroup Inc. reaffirmed a “buy” rating and set a $28.00 target price (up from $26.00) on shares of Liberty Interactive Corporation in a report on Sunday, May 14th. Finally, FBR & Co reaffirmed an “outperform” rating and set a $26.00 target price (up from $24.00) on shares of Liberty Interactive Corporation in a report on Wednesday, May 17th.
Liberty Interactive Corporation (QVCA) traded up 0.90% on Tuesday, reaching $24.58. The company’s stock had a trading volume of 4,791,814 shares. The firm has a market capitalization of $11.08 billion, a PE ratio of 24.73 and a beta of 1.23. The stock’s 50 day moving average is $23.31 and its 200-day moving average is $20.75. Liberty Interactive Corporation has a 52 week low of $17.24 and a 52 week high of $27.06.
Liberty Interactive Corporation (NASDAQ:QVCA) last released its quarterly earnings results on Tuesday, May 9th. The company reported $0.37 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.33 by $0.04. The firm had revenue of $2.32 billion for the quarter, compared to analysts’ expectations of $2.32 billion. Liberty Interactive Corporation had a net margin of 4.59% and a return on equity of 9.98%. Analysts predict that Liberty Interactive Corporation will post $1.06 EPS for the current year.
Several hedge funds have recently bought and sold shares of QVCA. Global X Management Co. LLC raised its stake 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 valued at $119,000 after buying an additional 1,454 shares in the last quarter. Fuller & Thaler Asset Management Inc. purchased a new stake in Liberty Interactive Corporation during the third quarter valued at about $126,000. Financial Architects Inc raised its stake in Liberty Interactive Corporation by 121.9% in the first quarter. Financial Architects Inc now owns 7,107 shares of the company’s stock valued at $143,000 after buying an additional 3,904 shares in the last quarter. Ameritas Investment Partners Inc. bought a new stake in shares of Liberty Interactive Corporation during the first quarter worth $158,000. Finally, Ladenburg Thalmann Financial Services Inc. raised its stake in shares of Liberty Interactive Corporation by 30.3% in the fourth quarter. Ladenburg Thalmann Financial Services Inc. now owns 9,839 shares of the company’s stock worth $196,000 after buying an additional 2,287 shares in the last quarter. Institutional investors and hedge funds own 89.54% of the company’s stock.
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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