Liberty Interactive Corporation (NASDAQ:QVCA) – Investment analysts at KeyCorp decreased their FY2017 earnings per share (EPS) estimates for shares of Liberty Interactive in a report issued on Wednesday. KeyCorp analyst E. Yruma now expects that the company will earn $1.81 per share for the year, down from their prior forecast of $1.82. KeyCorp also issued estimates for Liberty Interactive’s Q4 2017 earnings at $0.62 EPS, Q2 2018 earnings at $0.44 EPS, Q3 2018 earnings at $0.37 EPS, Q4 2018 earnings at $0.73 EPS and FY2018 earnings at $1.90 EPS.
Liberty Interactive (NASDAQ:QVCA) last released its quarterly earnings results on Thursday, November 9th. The company reported $0.40 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.34 by $0.06. Liberty Interactive had a net margin of 5.01% and a return on equity of 11.03%.
Several other research firms have also issued reports on QVCA. Aegis lifted their price target on shares of Liberty Interactive from $34.00 to $35.00 and gave the stock a “buy” rating in a report on Friday, November 17th. ValuEngine raised shares of Liberty Interactive from a “hold” rating to a “buy” rating in a report on Monday, October 2nd. DA Davidson reaffirmed a “buy” rating and issued a $37.00 price target on shares of Liberty Interactive in a report on Wednesday, January 3rd. BidaskClub raised shares of Liberty Interactive from a “sell” rating to a “hold” rating in a report on Thursday, December 21st. Finally, Zacks Investment Research lowered shares of Liberty Interactive from a “hold” rating to a “sell” rating in a report on Tuesday, September 19th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and nine have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $30.00.
Liberty Interactive (NASDAQ QVCA) opened at $26.46 on Monday. The company has a quick ratio of 0.73, a current ratio of 1.18 and a debt-to-equity ratio of 0.93. Liberty Interactive has a 1-year low of $17.24 and a 1-year high of $27.13. The stock has a market cap of $16,490.00, a price-to-earnings ratio of 23.84, a price-to-earnings-growth ratio of 1.33 and a beta of 1.33.
In related news, Director Malcolm Ian Grant Gilchrist sold 3,765 shares of the business’s stock in a transaction on Tuesday, December 19th. The shares were sold at an average price of $26.38, for a total transaction of $99,320.70. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director David E. Rapley sold 4,300 shares of the business’s stock in a transaction on Monday, November 13th. The shares were sold at an average price of $23.52, for a total transaction of $101,136.00. The disclosure for this sale can be found here. Insiders own 10.68% of the company’s stock.
A number of hedge funds and other institutional investors have recently bought and sold shares of QVCA. Principal Financial Group Inc. lifted its position in Liberty Interactive by 38.0% during the second quarter. Principal Financial Group Inc. now owns 79,667 shares of the company’s stock valued at $1,955,000 after purchasing an additional 21,919 shares during the period. Teachers Advisors LLC raised its position in shares of Liberty Interactive by 8.2% in the second quarter. Teachers Advisors LLC now owns 1,384,631 shares of the company’s stock worth $33,979,000 after acquiring an additional 104,586 shares during the period. Bridgewater Associates LP acquired a new position in shares of Liberty Interactive in the second quarter worth about $310,000. Amalgamated Bank raised its position in shares of Liberty Interactive by 68.6% in the second quarter. Amalgamated Bank now owns 42,968 shares of the company’s stock worth $1,054,000 after acquiring an additional 17,477 shares during the period. Finally, BlueMountain Capital Management LLC raised its position in shares of Liberty Interactive by 234.2% in the second quarter. BlueMountain Capital Management LLC now owns 146,693 shares of the company’s stock worth $3,600,000 after acquiring an additional 102,799 shares during the period. Institutional investors own 86.64% of the company’s stock.
About Liberty Interactive
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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