Blucora (NASDAQ:BCOR) updated its first quarter earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of $0.92-1.02 for the period, compared to the Thomson Reuters consensus estimate of $1.06. The company issued revenue guidance of $193.5-198 million, compared to the consensus revenue estimate of $194.61 million.
A number of research firms have recently commented on BCOR. Benchmark reiterated a buy rating and set a $30.00 target price on shares of Blucora in a research report on Monday, November 20th. BidaskClub cut Blucora from a sell rating to a strong sell rating in a research report on Wednesday, December 6th. Zacks Investment Research upgraded Blucora from a hold rating to a strong-buy rating and set a $25.00 target price on the stock in a research report on Wednesday, November 1st. ValuEngine upgraded Blucora from a hold rating to a buy rating in a research report on Sunday, December 31st. Finally, TheStreet upgraded Blucora from a c rating to a b rating in a research report on Thursday. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Blucora has an average rating of Buy and a consensus price target of $27.50.
Blucora (NASDAQ BCOR) opened at $24.10 on Friday. The stock has a market capitalization of $1,132.39, a PE ratio of 41.55, a P/E/G ratio of 0.74 and a beta of -0.17. Blucora has a 52-week low of $14.30 and a 52-week high of $26.15. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.92 and a quick ratio of 2.23.
Blucora (NASDAQ:BCOR) last issued its quarterly earnings results on Thursday, February 15th. The information services provider reported ($0.12) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.25) by $0.13. The firm had revenue of $97.85 million for the quarter, compared to analysts’ expectations of $91.99 million. Blucora had a return on equity of 11.22% and a net margin of 5.31%. The firm’s revenue for the quarter was up 12.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.18) EPS. equities analysts expect that Blucora will post 1.65 earnings per share for the current fiscal year.
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Blucora Company Profile
Blucora, Inc is a provider of technology-enabled financial solutions to consumers, small business owners and tax professionals. The Company operates through the Wealth Management and Tax Preparation segments. The Company’s Wealth Management segment consists of HD Vest, which provides financial advisors with an integrated platform of brokerage, investment advisory and insurance services to assist in making each financial advisor a financial service center for his/her clients The Company’s Tax Preparation segment provides digital do-it-yourself (DDIY) tax preparation solutions for consumers, small business owners and tax professionals.
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