|Bid||10.41 x 3200|
|Ask||11.45 x 1800|
|Day's Range||9.90 - 11.07|
|52 Week Range||3.01 - 12.54|
|Beta (5Y Monthly)||1.61|
|PE Ratio (TTM)||6.82|
|Earnings Date||Feb 23, 2021 - Mar 01, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Nov 27, 2020|
|1y Target Est||12.00|
These are the consumer discretionary stocks with the best value, fastest growth, and most momentum for December.
Shares of Qurate Retail (NASDAQ: QRTEA) were climbing Friday after the parent of QVC, HSN, and Zulily declared a special dividend and authorized a new share buyback program. Qurate announced Friday morning that the board of directors had authorized a $1.50 special dividend, payable on Dec. 7 to Series A and Series B shareholders of record at the close of Nov. 30. In addition, the company said it would commence a share buyback program with a repurchase authorization of $497 million.
In the current session, Qurate Retail Inc. (NASDAQ: QRTEA) is trading at $9.62, after a 9.00% increase. Over the past month, the stock increased by 28.95%, and in the past year, by 0.94%. With performance like this, long-term shareholders optimistic but others are more likely to look into the price-to-earnings ratio to see if the stock might be overvalued.Assuming that all other factors are held constant, this could present itself as an opportunity for shareholders trying to capitalize on the higher share price. The stock is currently below from its 52 week high by 23.25%. The P/E ratio is used by long-term shareholders to assess the company's market performance against aggregate market data, historical earnings, and the industry at large. A lower P/E indicates that shareholders do not expect the stock to perform better in the future, and that the company is probably undervalued. It shows that shareholders are less than willing to pay a high share price, because they do not expect the company to exhibit growth, in terms of future earnings. View more earnings on QRTEADepending on the particular phase of a business cycle, some industries will perform better than others. Compared to the aggregate P/E ratio of the 56.58 in the Internet & Direct Marketing Retail industry, Qurate Retail Inc. has a lower P/E ratio of 5.52. Shareholders might be inclined to think that the stock might perform worse than its industry peers. It's also possible that the stock is undervalued. There are many limitations to price to earnings ratio. It is sometimes difficult to determine the nature of the earnings makeup of a company. Shareholders might not get what they're looking for, from trailing earnings.See more from Benzinga * Click here for options trades from Benzinga * A Look Into IEC Electronics Price Over Earnings * A Look Into Affiliated Managers Group's Price Over Earnings(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.