Liberty Interactive Corporation (NASDAQ:QVCA) had its price objective lifted by Maxim Group from $36.00 to $39.00 in a report published on Wednesday, May 10th, MarketBeat Ratings reports. Maxim Group currently has a buy rating on the stock.
Other research analysts also recently issued research reports about the stock. FBR & Co restated an outperform rating and set a $22.00 price objective on shares of Liberty Interactive Corporation in a report on Wednesday, March 8th. Zacks Investment Research downgraded shares of Liberty Interactive Corporation from a strong-buy rating to a hold rating in a report on Tuesday, January 24th. Finally, Aegis began coverage on shares of Liberty Interactive Corporation in a research report on Tuesday, March 28th. They set a buy rating and a $27.00 target price on the stock. Two research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. The stock currently has an average rating of Buy and an average target price of $29.11.
Liberty Interactive Corporation (QVCA) opened at 24.36 on Wednesday. The company has a market cap of $10.98 billion, a PE ratio of 24.51 and a beta of 1.23. The stock’s 50 day moving average is $23.22 and its 200 day moving average is $20.72. Liberty Interactive Corporation has a 12 month low of $17.24 and a 12 month high of $27.06.
Liberty Interactive Corporation (NASDAQ:QVCA) last posted its quarterly earnings data on Tuesday, May 9th. The company reported $0.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.33 by $0.04. Liberty Interactive Corporation had a net margin of 4.59% and a return on equity of 9.98%. The company had revenue of $2.32 billion for the quarter, compared to the consensus estimate of $2.32 billion. Equities analysts predict that Liberty Interactive Corporation will post $1.06 earnings per share for the current year.
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Several institutional investors have recently made changes to their positions in the company. Comerica Bank bought a new position in shares of Liberty Interactive Corporation during the fourth quarter worth $430,000. Reliance Trust Co. of Delaware increased its position in shares of Liberty Interactive Corporation by 24.4% in the first quarter. Reliance Trust Co. of Delaware now owns 38,000 shares of the company’s stock worth $760,000 after buying an additional 7,454 shares in the last quarter. Dodge & Cox bought a new position in shares of Liberty Interactive Corporation during the fourth quarter worth $399,158,000. Rafferty Asset Management LLC increased its position in shares of Liberty Interactive Corporation by 20.8% in the fourth quarter. Rafferty Asset Management LLC now owns 24,972 shares of the company’s stock worth $499,000 after buying an additional 4,300 shares in the last quarter. Finally, TFS Capital LLC bought a new position in shares of Liberty Interactive Corporation during the first quarter worth $473,000. 89.54% of the stock is owned by institutional investors.
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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