Bazaarvoice (BV) Posts Quarterly Results
Bazaarvoice (NYSE:BV) announced its earnings results on Wednesday. The company reported ($0.11) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.10) by $0.01, StockRatingsNetwork.com reports. The company had revenue of $47.10 million for the quarter, compared to the consensus estimate of $45.45 million. During the same quarter in the previous year, the company posted ($0.12) earnings per share. The company’s revenue for the quarter was up 21.1% on a year-over-year basis.
A number of analysts have recently weighed in on BV shares. Analysts at Goldman Sachs cut their price target on shares of Bazaarvoice from $8.00 to $7.00 in a research note on Thursday, May 22nd. On the ratings front, analysts at Zacks downgraded shares of Bazaarvoice from an “outperform” rating to a “neutral” rating in a research note on Thursday, May 15th. They now have a $7.80 price target on the stock. Finally, analysts at Deutsche Bank reiterated a “hold” rating on shares of Bazaarvoice in a research note on Wednesday, May 14th. They now have a $9.00 price target on the stock. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company. Bazaarvoice currently has an average rating of “Hold” and an average price target of $10.41.
Shares of Bazaarvoice (NYSE:BV) traded down 1.19% on Wednesday, hitting $6.225. The stock had a trading volume of 1,814,103 shares. Bazaarvoice has a 52 week low of $5.85 and a 52 week high of $11.50. The stock has a 50-day moving average of $6.56 and a 200-day moving average of $7.32. The company’s market cap is $473.5 million.
In other Bazaarvoice news, Director Brett A. Hurt sold 31,643 shares of the company’s stock on the open market in a transaction dated Monday, June 2nd. The shares were sold at an average price of $6.46, for a total transaction of $204,413.78. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Bazaarvoice, Inc, connects businesses together to amplify the authentic voices of people where they shop.
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