Back to top

Analyst Blog

This page is temporarily not available.  Please check later as it should be available shortly. If you have any questions, please email customer support at or call 800-767-3771 ext.  9339.

We reaffirm our long-term Neutral recommendation on Liberty Interactive Corp. (LINTA - Analyst Report). The company reported mixed financial results for the second quarter of 2013. Liberty Interactive currently has a Zacks Rank #3 (Hold).

Why Kept at Neutral?

We believe that the TV home shopping business will continue to flourish in the near future. The QVC segment of the company has successfully transformed itself into a powerful global brand, which may boost Liberty Interactive’s revenues in the double-digits. Management stated that its online sales will constitute more than 50% of the total revenue in the U.S. by 2014. Growing adoption of high-end smartphones in the U.S. is the main reason for revenue growth.

Moreover, Liberty Interactive currently holds about 22% of the equity and 57% of the total votes of all classes of common stock of TripAdvisor Inc. (TRIP - Snapshot Report). TripAdvisor is the world’s largest travel site, which allows users to post reviews of airlines, hotels, and vacation resorts throughout the world.

On Aug 2013, Liberty Interactive launched a new broadcast channel called “QVC PLUS”. This second channel currently airs all the live broadcasts (TV shows) of the existing QVC channel at a delay of three hours. Management has decided to introduce some special programming in the QVC PLUS channel in order to broaden QVC’s offerings.

QVC PLUS is currently available to DIRECTV (DTV - Analyst Report) customers. Moreover, QVC has entered into carriage deals with Time Warner Cable Inc. (TWC - Analyst Report) and Bright House Networks.  

Meanwhile, the stock price of Liberty Interactive has soared 35% in the last year and is trading at the high-end of its 52-week price range. We believe that the stock is currently fairly valued.

Please login to or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research


Are you a new Zacks Member or a visitor to

Top Zacks Features

Learn more

Start for as little as $4.50 per trade.

My Portfolio Tracker

Is it Time to Sell?

One of the most important steps you can take today is to set up your portfolio tracker on Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
ANI PHARMACE ANIP 29.57 +15.73%
ALLIANCE FIB AFOP 17.94 +3.58%
ATLAS FINANC AFH 14.67 +3.02%
GENTHERM INC THRM 36.59 +2.05%
FEDERATED NA FNHC 20.26 +1.96%