Bazaarvoice, Inc. (NASDAQ:BV) has earned an average rating of “Buy” from the six brokerages that are currently covering the firm, MarketBeat Ratings reports. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $6.25.

A number of research firms have commented on BV. Zacks Investment Research raised shares of Bazaarvoice from a “hold” rating to a “buy” rating and set a $4.50 price target for the company in a research note on Thursday, March 9th. B. Riley reissued a “buy” rating and issued a $5.75 price target on shares of Bazaarvoice in a research note on Saturday, March 11th. BTIG Research reissued a “buy” rating and issued a $6.00 price target on shares of Bazaarvoice in a research note on Wednesday, March 15th. Finally, BidaskClub cut shares of Bazaarvoice from a “buy” rating to a “hold” rating in a research note on Friday.

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Institutional investors have recently added to or reduced their stakes in the company. Tudor Investment Corp Et Al raised its stake in shares of Bazaarvoice by 4.5% in the fourth quarter. Tudor Investment Corp Et Al now owns 21,671 shares of the technology company’s stock worth $105,000 after buying an additional 942 shares during the last quarter. TFS Capital LLC acquired a new stake in shares of Bazaarvoice during the first quarter worth $145,000. Karp Capital Management Corp acquired a new stake in shares of Bazaarvoice during the first quarter worth $155,000. KCG Holdings Inc. acquired a new stake in shares of Bazaarvoice during the first quarter worth $157,000. Finally, Bank of America Corp DE raised its stake in shares of Bazaarvoice by 3.2% in the first quarter. Bank of America Corp DE now owns 47,293 shares of the technology company’s stock worth $203,000 after buying an additional 1,469 shares during the last quarter. 81.00% of the stock is owned by institutional investors and hedge funds.

Shares of Bazaarvoice (BV) traded up 4.35% during mid-day trading on Friday, hitting $4.80. 305,522 shares of the stock were exchanged. Bazaarvoice has a 52 week low of $3.71 and a 52 week high of $6.14. The stock’s 50-day moving average is $4.70 and its 200-day moving average is $4.59. The stock’s market capitalization is $373.72 million.

Bazaarvoice (NASDAQ:BV) last issued its quarterly earnings data on Tuesday, June 6th. The technology company reported ($0.02) EPS for the quarter, meeting the consensus estimate of ($0.02). The company had revenue of $50.20 million during the quarter, compared to analysts’ expectations of $49.99 million. Bazaarvoice had a negative net margin of 7.92% and a negative return on equity of 8.34%. Bazaarvoice’s revenue for the quarter was down 1.0% on a year-over-year basis. During the same quarter in the previous year, the company earned ($0.01) earnings per share. Analysts forecast that Bazaarvoice will post $0.06 earnings per share for the current fiscal year.

About Bazaarvoice

Bazaarvoice, Inc offers solutions and services that allow its retailer and brand clients to understand that consumer voice and the role it plays in influencing purchasing decisions, both online and offline. The Company’s solutions collect, curate and display consumer-generated content, including ratings and reviews, questions and answers, customer stories, and social posts, photos and videos.

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