Equities analysts predict that Liberty Interactive Corporation (NASDAQ:QVCA) will announce $2.34 billion in sales for the current fiscal quarter, Zacks reports. Four analysts have made estimates for Liberty Interactive Corporation’s earnings. The highest sales estimate is $2.35 billion and the lowest is $2.32 billion. Liberty Interactive Corporation reported sales of $2.30 billion in the same quarter last year, which indicates a positive year-over-year growth rate of 1.7%. The company is expected to report its next earnings results on Tuesday, November 14th.

On average, analysts expect that Liberty Interactive Corporation will report full-year sales of $2.34 billion for the current financial year, with estimates ranging from $10.23 billion to $10.27 billion. For the next financial year, analysts anticipate that the company will report sales of $10.62 billion per share, with estimates ranging from $10.52 billion to $10.68 billion. Zacks Investment Research’s sales calculations are a mean average based on a survey of research firms that that provide coverage for Liberty Interactive Corporation.

A number of brokerages have weighed in on QVCA. BidaskClub upgraded Liberty Interactive Corporation from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, June 28th. ValuEngine upgraded Liberty Interactive Corporation from a “hold” rating to a “buy” rating in a research note on Monday, August 7th. Citigroup Inc. lowered Liberty Interactive Corporation from a “neutral” rating to a “sell” rating and decreased their target price for the stock from $27.00 to $22.00 in a research note on Thursday, September 28th. FBR & Co upped their target price on Liberty Interactive Corporation from $26.00 to $28.00 and gave the stock an “outperform” rating in a research note on Friday, July 7th. Finally, Aegis upped their target price on Liberty Interactive Corporation from $31.00 to $33.00 and gave the stock a “buy” rating in a research note on Friday, July 7th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and ten have given a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $28.89.

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Shares of Liberty Interactive Corporation (QVCA) opened at 22.25 on Wednesday. The firm has a market capitalization of $10.04 billion, a price-to-earnings ratio of 23.10 and a beta of 1.25. The company has a 50-day moving average price of $22.85 and a 200 day moving average price of $22.85. Liberty Interactive Corporation has a 1-year low of $17.24 and a 1-year high of $26.00.

In other news, Director Mark C. Vadon sold 762,121 shares of the company’s stock in a transaction dated Friday, August 18th. The stock was sold at an average price of $21.24, for a total value of $16,187,450.04. Following the completion of the transaction, the director now directly owns 2,030,300 shares in the company, valued at approximately $43,123,572. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Mark C. Vadon sold 481,558 shares of the company’s stock in a transaction dated Wednesday, August 16th. The stock was sold at an average price of $22.00, for a total value of $10,594,276.00. Following the completion of the transaction, the director now owns 2,030,300 shares of the company’s stock, valued at $44,666,600. The disclosure for this sale can be found here. Insiders sold a total of 3,500,007 shares of company stock valued at $77,892,719 over the last quarter. Company insiders own 10.68% of the company’s stock.

Several institutional investors and hedge funds have recently bought and sold shares of QVCA. Dodge & Cox boosted its holdings in shares of Liberty Interactive Corporation by 19.0% in the 2nd quarter. Dodge & Cox now owns 28,349,750 shares of the company’s stock worth $695,703,000 after purchasing an additional 4,527,707 shares in the last quarter. Jana Partners LLC purchased a new position in shares of Liberty Interactive Corporation in the 1st quarter worth about $59,184,000. Numeric Investors LLC purchased a new position in shares of Liberty Interactive Corporation in the 2nd quarter worth about $67,939,000. Public Employees Retirement Association of Colorado boosted its holdings in shares of Liberty Interactive Corporation by 2,044.6% in the 2nd quarter. Public Employees Retirement Association of Colorado now owns 1,606,411 shares of the company’s stock worth $39,421,000 after purchasing an additional 1,531,506 shares in the last quarter. Finally, P Schoenfeld Asset Management LP purchased a new stake in Liberty Interactive Corporation during the 2nd quarter valued at about $37,404,000. Hedge funds and other institutional investors own 90.08% of the company’s stock.

About Liberty Interactive Corporation

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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Earnings History and Estimates for Liberty Interactive Corporation (NASDAQ:QVCA)

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