Liberty Interactive Corporation (NASDAQ:QVCA) – Investment analysts at DA Davidson issued their Q1 2018 earnings estimates for shares of Liberty Interactive in a research note issued to investors on Tuesday, Zacks Investment Research reports. DA Davidson analyst T. Forte anticipates that the company will post earnings per share of $0.28 for the quarter. DA Davidson currently has a “Buy” rating and a $37.00 target price on the stock. DA Davidson also issued estimates for Liberty Interactive’s Q2 2018 earnings at $0.36 EPS, Q3 2018 earnings at $0.26 EPS, Q4 2018 earnings at $0.56 EPS and FY2022 earnings at $1.69 EPS.
A number of other research analysts also recently commented on the stock. Zacks Investment Research raised shares of Liberty Interactive from a “strong sell” rating to a “hold” rating in a research report on Tuesday. FBN Securities raised shares of Liberty Interactive from a “sector perform” rating to a “buy” rating in a research report on Wednesday, January 3rd. BidaskClub raised shares of Liberty Interactive from a “sell” rating to a “hold” rating in a research report on Thursday, December 21st. Aegis raised their target price on shares of Liberty Interactive from $34.00 to $35.00 and gave the company a “buy” rating in a research report on Friday, November 17th. Finally, UBS Group raised their target price on shares of Liberty Interactive from $27.00 to $28.00 and gave the company a “buy” rating in a research report on Friday, November 10th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and nine have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $30.00.
Liberty Interactive (QVCA) traded down $0.06 during midday trading on Thursday, reaching $26.15. 5,840,200 shares of the company’s stock were exchanged, compared to its average volume of 4,371,443. The company has a quick ratio of 0.73, a current ratio of 1.18 and a debt-to-equity ratio of 0.93. The stock has a market cap of $16,180.00, a P/E ratio of 23.56, a price-to-earnings-growth ratio of 1.76 and a beta of 1.33. Liberty Interactive has a 1-year low of $17.24 and a 1-year high of $26.79.
A number of hedge funds have recently added to or reduced their stakes in QVCA. Highstreet Asset Management Inc. acquired a new stake in Liberty Interactive in the 3rd quarter worth approximately $120,000. Toronto Dominion Bank boosted its stake in Liberty Interactive by 18.2% in the 2nd quarter. Toronto Dominion Bank now owns 5,378 shares of the company’s stock worth $132,000 after purchasing an additional 829 shares in the last quarter. Fiduciary Trust Co. acquired a new stake in Liberty Interactive in the 2nd quarter worth approximately $144,000. South Street Advisors LLC acquired a new stake in Liberty Interactive in the 2nd quarter worth approximately $231,000. Finally, Crossmark Global Holdings Inc. acquired a new stake in Liberty Interactive in the 3rd quarter worth approximately $268,000. Institutional investors own 86.64% of the company’s stock.
In other news, Director David E. Rapley sold 4,300 shares of Liberty Interactive 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 filing with the SEC, which is accessible through this hyperlink. Also, Director Malcolm Ian Grant Gilchrist sold 3,765 shares of Liberty Interactive stock in a transaction that occurred on Tuesday, December 19th. The stock was sold at an average price of $26.38, for a total transaction of $99,320.70. The disclosure for this sale can be found here. 10.68% of the stock is owned by insiders.
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Liberty Interactive 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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