Blucora Receives “Buy” Rating from Barrington Research (BCOR)
Separately, analysts at Zacks reiterated a “buy” rating on shares of Blucora in a research note on Friday. They now have a $27.00 price target on the stock, down previously from $28.00. One investment analyst has rated the stock with a hold rating and two have issued a buy rating to the company. Blucora has an average rating of “Buy” and a consensus target price of $24.25.
Blucora (NASDAQ:BCOR) traded down 6.27% during mid-day trading on Friday, hitting $15.76. 3,243,903 shares of the company’s stock traded hands. Blucora has a 52-week low of $15.28 and a 52-week high of $30.12. The stock has a 50-day moving average of $17.66 and a 200-day moving average of $19.62. The company has a market cap of $655.1 million and a P/E ratio of 27.48.
Blucora (NASDAQ:BCOR) last released its earnings data on Thursday, August 7th. The company reported $0.55 EPS for the quarter, beating the consensus estimate of $0.48 by $0.07. The company had revenue of $141.60 million for the quarter, compared to the consensus estimate of $139.66 million. During the same quarter in the previous year, the company posted $0.58 earnings per share. The company’s revenue for the quarter was up 20.8% on a year-over-year basis. Analysts expect that Blucora will post $1.96 EPS for the current fiscal year.
Blucora, Inc, formerly InfoSpace, Inc, is a provider of online solutions for consumers and business partners.
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