The shares of Qurate Retail, Inc. (NASDAQ:QRTEA) has been pegged with a rating of In-line by Evercore ISI in its latest research note that was published on March 20th, 2019. The research company has also assigned a $20 price target. Evercore ISI wasn’t the only research firm that published a report of Qurate Retail, Inc., with other equities research analysts also giving their opinion on the stock. Citigroup advised investors in its research note published on March 8th, 2019, to Buy the QRTEA stock while also putting a $21 price target. The stock had earned Underperform rating from BofA/Merrill when it published its report on March 1st, 2019. The stock was given Sector Weight rating by KeyBanc Capital Mkts in its report released on January 4th, 2019. Aegis Capital was of a view that QRTEA is Buy in its latest report on November 19th, 2018 while giving it a price target of $31. FBN Securities thinks that QRTEA is worth Outperform rating. This was contained in the firm’s report on April 24th, 2018.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 2 believe it has the potential for further growth, thus rating it as Hold while 3 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $24.07. The price of the stock the last time has raised by 14.17% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 22.95.
The shares of the company added by 0.87% during the trading session on Wednesday, reaching a low of $12.36 while ending the day at $12.75. During the trading session, a total of 5.46 million shares were traded which represents a -44.31% decline from the average session volume which is 3.78M shares. QRTEA had ended its last session trading at 12.64. Qurate Retail, Inc. currently has a market cap of $7.51B, while its P/E ratio stands at 7.64, while its P/E earnings growth sits at 0.53, with a beta of 1.00. Qurate Retail, Inc. debt-to-equity ratio currently stands at 1.31, while its quick ratio hovers at 0.70. QRTEA 52-week low price stands at $11.17 while its 52-week high price is $25.03.
The company in its last quarterly report recorded $0.35 earnings per share which is below the $0.38 predicted by most analysts. The Qurate Retail, Inc. generated $3,085.00 million in revenue during the last quarter, which is slightly lower than the $3,251.52 million predicted by analysts. In the second quarter last year, the firm recorded $0.62 earnings per share. Compared to the same quarter last year, the firm’s revenue was down by -77.14%. Qurate Retail, Inc. has the potential to record 1.67 EPS for the current fiscal year, according to equities analysts.
Investment analysts at KeyBanc Capital Mkts published a research note on January 14th, 2019 where it informed investors and clients that Cabot Oil & Gas Corporation (NYSE:COG) is now rated as Sector Weight. Citigroup also rated COG as Upgrade on March 8th, 2019, with its price target of $21 suggesting that COG could surge by 8.15% from its current share price. Even though the stock has been trading at $26.30/share, analysts expect it to surge higher by 0.23% to reach $28.70/share. It started the day trading at $26.49 and traded between $26.03 and $26.36 throughout the trading session.
A look at its technical shows that COG’s 50-day SMA is 26.09 while its 200-day SMA stands at 24.53. The stock has a high of $27.65 for the year while the low is $20.94. The company’s P/E ratio currently sits at 16.52, while the P/B ratio is 4.80. At the moment, only of Cabot Oil & Gas Corporation shares were sold short. The company’s average trading volume currently stands at 5.99M shares, which means that the short-interest ratio is just 4.19 days. Over the past seven days, the company moved, with its shift of 3.05%. Looking further, the stock has raised 7.20% over the past 90 days while it gained 2.93% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. Capital Research Management Co bought more COG shares, increasing its portfolio by +2.60% during the last quarter. This move now sees Capital Research Management Co purchasing 1,238,252 shares in the last quarter, thus it now holds 48,826,510 shares of COG, with a total valuation of $1,264,118,344. The Vanguard Group Inc meanwhile sold more COG shares in the recently filed quarter, changing its stake to $1,190,760,168 worth of shares. T Rowe Price Associates Inc followed the path by increasing its COG portfolio by +13.52% in the quarter. This means that T Rowe Price Associates Inc bought 3,137,167 shares in the last quarter and now controls 26,348,803 shares of the COG stock, with the valuation hitting $682,170,510.
Similarly, BlackRock Fund Advisors decreased its Cabot Oil & Gas Corporation shares by -1.64% during the recently filed quarter. After selling -349,171 shares in the last quarter, the firm now controls 20,957,317 shares of Cabot Oil & Gas Corporation which are valued at $542,584,937. In the same vein, Fidelity Management Research Co decreased its Cabot Oil & Gas Corporation shares by during the most recent reported quarter. The firm sold -3,429,070 shares during the quarter which decreased its stakes to 15,564,041 shares and is now valued at $402,953,021. Following these latest developments, around 1.60% of Cabot Oil & Gas Corporation stocks are owned by institutional investors and hedge funds.