Wall Street brokerages predict that Bazaarvoice Inc (NASDAQ:BV) will post $0.03 earnings per share for the current fiscal quarter, Zacks reports. Two analysts have provided estimates for Bazaarvoice’s earnings, with the lowest EPS estimate coming in at $0.01 and the highest estimate coming in at $0.05. Bazaarvoice posted earnings of $0.02 per share during the same quarter last year, which would indicate a positive year-over-year growth rate of 50%. The business is scheduled to issue its next earnings report on Tuesday, February 27th.
According to Zacks, analysts expect that Bazaarvoice will report full-year earnings of $0.13 per share for the current financial year, with EPS estimates ranging from $0.06 to $0.19. For the next year, analysts forecast that the firm will post earnings of $0.22 per share. Zacks Investment Research’s earnings per share calculations are an average based on a survey of research analysts that follow Bazaarvoice.
Bazaarvoice (NASDAQ:BV) last issued its quarterly earnings data on Monday, November 27th. The technology company reported $0.06 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.02 by $0.04. Bazaarvoice had a negative return on equity of 4.42% and a negative net margin of 4.40%. The company had revenue of $53.40 million during the quarter, compared to analyst estimates of $50.83 million. During the same quarter in the previous year, the company posted $0.02 earnings per share. Bazaarvoice’s revenue was up 6.0% compared to the same quarter last year.
Several analysts have issued reports on the company. Zacks Investment Research raised Bazaarvoice from a “hold” rating to a “strong-buy” rating and set a $6.25 price target for the company in a report on Monday, December 4th. Northland Securities lowered Bazaarvoice to a “hold” rating and set a $5.50 price target for the company. in a report on Tuesday, November 28th. BidaskClub lowered Bazaarvoice from a “hold” rating to a “sell” rating in a report on Wednesday, November 1st. Needham & Company LLC lowered Bazaarvoice from a “buy” rating to a “hold” rating in a report on Tuesday, November 28th. Finally, Credit Suisse Group lowered Bazaarvoice from an “outperform” rating to a “neutral” rating and set a $5.50 price target for the company. in a report on Tuesday, November 28th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $5.96.
In other Bazaarvoice news, insider Kelly Trammell sold 12,607 shares of the business’s stock in a transaction dated Friday, December 22nd. The stock was sold at an average price of $5.45, for a total transaction of $68,708.15. Following the completion of the sale, the insider now owns 126,290 shares of the company’s stock, valued at $688,280.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 5.64% of the company’s stock.
Several institutional investors have recently made changes to their positions in BV. Fox Run Management L.L.C. purchased a new position in shares of Bazaarvoice in the fourth quarter valued at about $101,000. SG Americas Securities LLC lifted its position in shares of Bazaarvoice by 109.1% in the third quarter. SG Americas Securities LLC now owns 21,021 shares of the technology company’s stock valued at $104,000 after acquiring an additional 10,967 shares in the last quarter. Cubist Systematic Strategies LLC lifted its position in shares of Bazaarvoice by 50.3% in the second quarter. Cubist Systematic Strategies LLC now owns 22,202 shares of the technology company’s stock valued at $110,000 after acquiring an additional 7,430 shares in the last quarter. Jane Street Group LLC lifted its position in shares of Bazaarvoice by 111.8% in the third quarter. Jane Street Group LLC now owns 24,458 shares of the technology company’s stock valued at $121,000 after acquiring an additional 12,913 shares in the last quarter. Finally, Tudor Investment Corp ET AL lifted its position in shares of Bazaarvoice by 6.6% in the second quarter. Tudor Investment Corp ET AL now owns 24,612 shares of the technology company’s stock valued at $122,000 after acquiring an additional 1,516 shares in the last quarter. Institutional investors and hedge funds own 77.33% of the company’s stock.
Shares of Bazaarvoice (BV) traded up $0.03 on Thursday, hitting $5.50. The company had a trading volume of 1,404,068 shares, compared to its average volume of 763,140. Bazaarvoice has a one year low of $3.80 and a one year high of $5.50. The company has a market capitalization of $474.10, a price-to-earnings ratio of -50.00 and a beta of 0.62.
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Bazaarvoice, Inc offers solutions and services that allow its retailer and brand clients to understand that consumer voice and the role it plays in influencing purchasing decisions, both online and offline. The Company’s solutions collect, curate and display consumer-generated content, including ratings and reviews, questions and answers, customer stories, and social posts, photos and videos.
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