Assenagon Asset Management S.A. Sells 125526 Shares of Qurate Retail,

Trending News ☀️

Qurate Retail ($NASDAQ:QRTEA), Inc. is a publicly traded company that operates in the e-commerce and retail industries. Qurate Retail, Inc. shares were sold by Assenagon Asset Management S.A. 125526 in total. Qurate Retail, Inc. operates a number of e-commerce and retail brands, including QVC, HSN, zulily, Ballard Designs, Frontgate, Garnet Hill, andgrandinroad. The company offers a wide variety of products across a number of categories, including home, fashion, beauty, electronics, and more.

Qurate Retail, Inc. also provides a number of services, such as shipping, returns, and customer service. Qurate Retail, Inc. shares are traded on the Nasdaq Stock Market under the ticker symbol “QRTEA”.

Stock Price

Media sentiment has been mostly positive towards Qurate Retail recently. Overall, the stock has been volatile in recent weeks, but Monday’s positive performance may be an indication that investors are starting to feel more confident about the company’s future prospects.

VI Analysis

Companies like QURATE RETAIL that have strong fundamentals and a track record of paying out consistent dividends are often classified as “cows”. These types of companies are usually of interest to investors who are looking for a stable investment with the potential for long-term growth. QURATE RETAIL is particularly strong in profitability and weak in asset, dividend, and growth. However, the company has an intermediate health score of 6/10 with regard to its cashflows and debt, which suggests that it should be able to safely ride out any crisis without the risk of bankruptcy.

VI Peers

Its competitors are Redbubble Ltd, ASOS PLC, THG PLC.

– Redbubble Ltd ($ASX:RBL)

Redbubble Ltd is a publicly traded company with a market capitalization of 129.86 million as of 2022. The company has a return on equity of -12.32%. Redbubble is an online marketplace for independent artists and designers to sell their artwork and designs. The company was founded in 2006 and is headquartered in Melbourne, Australia.

– ASOS PLC ($LSE:ASC)

ASOS PLC is a UK-based online fashion retailer. The company has a market capitalization of 517.19 million as of 2022 and a return on equity of 4.58%. ASOS PLC sells clothing, footwear, and accessories for men and women. The company offers free delivery and returns on all orders. ASOS PLC was founded in 2000 and is headquartered in London, England.

– THG PLC ($LSE:THG)

STHG PLC is a real estate investment trust that focuses on the acquisition, development, and management of residential and commercial properties in the United Kingdom. As of 2022, the company had a market capitalization of 657.88 million pounds and a negative return on equity of 7.46%.

Summary

The company operates in North America, Europe, and Asia, and offers a differentiated shopping experience through its multi-channel platform. Qurate Retail is committed to delivering an exceptional shopping experience and providing its customers with unique products and services that are not available anywhere else. Investors who are considering investing in Qurate Retail should be aware that the company faces some risks that could impact its future performance. One risk is the company’s dependence on a small number of key suppliers. If one of these suppliers were to experience a disruption, it could have a material impact on Qurate Retail’s business. Another risk is the company’s exposure to foreign currency fluctuations.

Given that a significant portion of Qurate Retail’s revenues are generated in foreign currencies, changes in exchange rates could impact its financial results. Despite these risks, Qurate Retail has a strong track record of growth and profitability, and is well-positioned for continued success in the future. The company’s strong brands, differentiated shopping experience, and commitment to customer service are all significant advantages that should help it continue to drive growth and market share gains.