Bazaarvoice Given “Hold” Rating at Deutsche Bank (BV)
Bazaarvoice (NYSE:BV)‘s stock had its “hold” rating reaffirmed by equities research analysts at Deutsche Bank in a research note issued to investors on Wednesday, Analyst Ratings News reports. They currently have a $9.00 price objective on the stock. Deutsche Bank’s price target would suggest a potential upside of 45.87% from the company’s current price.
Shares of Bazaarvoice (NYSE:BV) traded down 4.78% on Wednesday, hitting $6.17. The stock had a trading volume of 618,654 shares. Bazaarvoice has a one year low of $5.97 and a one year high of $11.50. The stock’s 50-day moving average is $6.9 and its 200-day moving average is $7.6. The company’s market cap is $469.4 million.
Bazaarvoice (NYSE:BV) last released its earnings data on Tuesday, March 4th. The company reported ($0.04) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.06) by $0.02. The company had revenue of $48.00 million for the quarter, compared to the consensus estimate of $46.33 million. During the same quarter in the previous year, the company posted ($0.06) earnings per share. The company’s revenue for the quarter was up 12.4% on a year-over-year basis. Analysts expect that Bazaarvoice will post $-0.25 EPS for the current fiscal year.
Separately, analysts at Zacks upgraded shares of Bazaarvoice from a “neutral” rating to an “outperform” rating in a research note on Wednesday, April 16th. They now have a $8.90 price target on the stock. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $11.54.
In other Bazaarvoice news, Director Brett Hurt unloaded 31,643 shares of Bazaarvoice stock in a transaction that occurred on Monday, May 12th. The stock was sold at an average price of $6.45, for a total value of $204,097.35. Following the completion of the transaction, the director now directly owns 3,474,200 shares in the company, valued at approximately $22,408,590. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Bazaarvoice, Inc (NYSE:BV) is provider of social commerce solutions that help its clients capture, display and analyze online word of mouth, including consumer-generated ratings and reviews, questions and answers, stories, recommendations, photographs, videos and other content about its clients’ brands, products or services.
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