FY2017 Earnings Estimate for Liberty Interactive Corporation (QVCA) Issued By B. Riley

Liberty Interactive Corporation (NASDAQ:QVCA) – Stock analysts at B. Riley raised their FY2017 earnings per share estimates for Liberty Interactive Corporation in a research report issued to clients and investors on Tuesday. B. Riley analyst B. Crockett now anticipates that the company will post earnings per share of $1.79 for the year, up from their previous estimate of $1.78. B. Riley currently has a “Buy” rating on the stock. B. Riley also issued estimates for Liberty Interactive Corporation’s Q4 2017 earnings at $0.61 EPS, FY2018 earnings at $1.91 EPS, FY2019 earnings at $2.20 EPS and FY2020 earnings at $2.40 EPS.

Several other research analysts have also recently commented on the stock. Zacks Investment Research upgraded shares of Liberty Interactive Corporation from a “sell” rating to a “hold” rating in a research report on Tuesday, July 25th. ValuEngine cut shares of Liberty Interactive Corporation from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. DA Davidson initiated coverage on shares of Liberty Interactive Corporation in a research report on Wednesday, September 13th. They issued a “buy” rating and a $33.00 target price for the company. Citigroup Inc. cut shares of Liberty Interactive Corporation from a “neutral” rating to a “sell” rating and decreased their target price for the stock from $27.00 to $22.00 in a research report on Thursday, September 28th. Finally, UBS AG upped their price target on shares of Liberty Interactive Corporation from $27.00 to $28.00 and gave the stock a “buy” rating in a research note on Friday, November 10th. One research analyst has rated the stock with a sell rating, one has given a hold rating and eleven have issued a buy rating to the company’s stock. Liberty Interactive Corporation has an average rating of “Buy” and a consensus target price of $29.00.

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Liberty Interactive Corporation (NASDAQ QVCA) traded up $0.64 during midday trading on Friday, reaching $24.86. 3,861,363 shares of the company’s stock traded hands, compared to its average volume of 3,195,085. Liberty Interactive Corporation has a 1 year low of $17.24 and a 1 year high of $26.00. The company has a current ratio of 1.18, a quick ratio of 0.73 and a debt-to-equity ratio of 0.93. The company has a market cap of $15,360.00, a PE ratio of 13.56, a price-to-earnings-growth ratio of 1.52 and a beta of 1.32.

A number of hedge funds have recently added to or reduced their stakes in the stock. Dodge & Cox lifted its stake in Liberty Interactive Corporation by 19.0% during the second quarter. Dodge & Cox now owns 28,349,750 shares of the company’s stock valued at $695,703,000 after purchasing an additional 4,527,707 shares during the last quarter. Harris Associates L P lifted its stake in Liberty Interactive Corporation by 2.6% during the second quarter. Harris Associates L P now owns 24,183,983 shares of the company’s stock valued at $593,475,000 after purchasing an additional 618,514 shares during the last quarter. Makaira Partners LLC lifted its stake in Liberty Interactive Corporation by 5.5% during the second quarter. Makaira Partners LLC now owns 7,517,833 shares of the company’s stock valued at $184,488,000 after purchasing an additional 390,716 shares during the last quarter. Macquarie Group Ltd. lifted its stake in Liberty Interactive Corporation by 1.0% during the third quarter. Macquarie Group Ltd. now owns 7,494,949 shares of the company’s stock valued at $176,656,000 after purchasing an additional 77,093 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its stake in Liberty Interactive Corporation by 3.9% during the third quarter. Dimensional Fund Advisors LP now owns 6,497,586 shares of the company’s stock valued at $153,139,000 after purchasing an additional 240,890 shares during the last quarter. 90.69% of the stock is owned by institutional investors and hedge funds.

In other news, Director David E. Rapley sold 4,300 shares of the company’s stock in a transaction that occurred on Monday, November 13th. The shares were sold at an average price of $23.52, for a total value of $101,136.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Mark C. Vadon sold 679,997 shares of the stock in a transaction that occurred on Monday, October 9th. The shares were sold at an average price of $22.74, for a total transaction of $15,463,131.78. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 1,582,916 shares of company stock valued at $35,786,871. Company insiders own 10.68% of the company’s stock.

About Liberty Interactive Corporation

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).

Earnings History and Estimates for Liberty Interactive Corporation (NASDAQ:QVCA)

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