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Blucora (NASDAQ:BCOR) was downgraded by Zacks from a “neutral” rating to an “underperform” rating in a research report issued to clients and investors on Tuesday. They currently have a $14.90 price target on the stock. Zacks‘s price target indicates a potential downside of 4.85% from the stock’s previous close.

Other equities research analysts have also recently issued reports about the stock. Analysts at Benchmark Co. cut their price target on shares of Blucora from $28.00 to $27.00 in a research note on Friday, August 8th. Separately, analysts at Wedbush cut their price target on shares of Blucora from $24.00 to $21.00 in a research note on Friday, August 8th. Finally, analysts at Barrington Research reiterated a “buy” rating on shares of Blucora in a research note on Friday, August 8th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and one has issued a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $21.23.

Shares of Blucora (NASDAQ:BCOR) traded down 0.10% on Tuesday, hitting $15.645. 366,625 shares of the company’s stock traded hands. Blucora has a 1-year low of $15.28 and a 1-year high of $30.12. The stock’s 50-day moving average is $17.20 and its 200-day moving average is $19.13. The company has a market cap of $643.4 million and a P/E ratio of 25.59.

Blucora (NASDAQ:BCOR) last announced its earnings results on Thursday, August 7th. The company reported $0.55 earnings per share (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 $1.91 EPS for the current fiscal year.

Blucora, Inc, formerly InfoSpace, Inc, is a provider of online solutions for consumers and business partners.

To view Zacks’ full report, visit Zacks’ official website.

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