Shares in Qurate Retail, Inc. are approaching an important resistance level. The stock's technical chart suggests that this pivot level will be broken.
Summary
● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
● In a short-term perspective, the company has interesting fundamentals.
Strengths
● The stock, which is currently worth 2020 to 0.88 times its sales, is clearly overvalued in comparison with peers.
● The equity is one of the most attractive in the market with regard to earnings multiple-based valuation.
● Analysts have consistently raised their revenue expectations for the company, which provides good prospects for the current and next years in terms of revenue growth.
● Over the last twelve months, the sales forecast has been frequently revised upwards.
● For the last few months, EPS revisions have remained quite promising. Analysts now anticipate higher profitability levels than before.
● For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.
● Within the weekly time frame the stock shows a bullish technical configuration above the support level at 6.77 USD
Weaknesses
● The company is in debt and has limited leeway for investment
● Financial statements have repeatedly disappointed market stakeholders. Most often, they were below expectations.
● For the past seven days, analysts have been lowering their EPS expectations for the company.
Qurate Retail, Inc. is engaged in the video and online commerce industries in North America, Europe and Asia. It operates through its subsidiaries, QVC, Inc. (QVC), which includes, HSN, Inc. (HSN) and Cornerstone Brands, Inc. (CBI). Its segments include QxH, QVC and CBI. Its QxH segment consists of QVC U.S. and HSN, which offers a variety of consumer products in the United States, primarily by means of its televised shopping programs and via the Internet through their websites and mobile applications (app). Its QVC segment offers a variety of consumer products in several foreign countries, primarily by means of its televised shopping programs and through its international Websites and mobile apps. Its CBI segment consists of a portfolio of aspirational home and apparel brands in the United States, that sells merchandise through brick-and-mortar retail locations as well as via the Internet through their Websites. Its retail brands include QVC, HSN, Ballard Designs, Frontgate and others.