QVCGA stock plunges to 52-week low, hits $2.87 amid steep decline

Published 03/06/2025, 19:20
QVCGA stock plunges to 52-week low, hits $2.87 amid steep decline

Liberty Media Interactive’s stock (QVCGA) has tumbled to a 52-week low, with shares dropping to $2.87. According to InvestingPro data, the company’s market capitalization has shrunk to just $30.5 million, with current financial metrics showing a concerning gross profit margin of 34.7% and negative earnings per share of -$174.65. This latest price level reflects a stark downturn for the company, which has seen its stock value erode dramatically over the past year. Investors have witnessed a precipitous 1-year change in the stock’s value, with Liberty Media Interactive’s shares plummeting by an alarming 91.96%. While analysts project a return to profitability this year with forecasted earnings of $23.23 per share, the significant decline has raised concerns among shareholders and market analysts alike. InvestingPro analysis indicates the stock is currently undervalued, with 13 additional ProTips available to subscribers that provide deeper insights into the company’s financial health and market position.

In other recent news, QVC Group reported a 10% decline in total revenue for the first quarter of 2025, reflecting significant challenges in the retail environment. The company is facing difficulties due to reduced customer counts and revenue drops across key segments, including QXH and QVC International. Despite these setbacks, QVC Group is investing in strategic partnerships and digital innovations, such as collaborations with TikTok and American Airlines (NASDAQ:AAL), to strengthen its market position. The company also announced a 1-for-50 reverse stock split for its Series A and Series B common stock, effective May 22, 2025, to ensure compliance with Nasdaq’s minimum bid price requirement.

In anticipation of QVCGB not meeting Nasdaq’s listing requirements post-split, the company plans a voluntary delisting and transition to the OTCQB Venture Market. The Board has approved this move, and the necessary Form 25 Notification of Delisting is expected to be filed soon. Additionally, QVC Group is managing a high net debt of $4.7 billion with a leverage ratio of 3.7x, which remains below the covenant threshold. The company is exploring financial and strategic alternatives to strengthen its capital structure amidst these challenges. As part of its transformation strategy, QVC Group is focusing on social and streaming platforms, with streaming monthly active users growing by 131%.

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