Wall Street analysts expect that Bazaarvoice, Inc. (NASDAQ:BV) will announce sales of $49.74 million for the current fiscal quarter, according to Zacks Investment Research. Two analysts have issued estimates for Bazaarvoice’s earnings. The lowest sales estimate is $49.60 million and the highest is $49.87 million. Bazaarvoice posted sales of $50.09 million in the same quarter last year, which suggests a negative year-over-year growth rate of 0.7%. The business is scheduled to issue its next earnings report on Wednesday, September 6th.

On average, analysts expect that Bazaarvoice will report full-year sales of $49.74 million for the current fiscal year, with estimates ranging from $203.80 million to $204.72 million. For the next financial year, analysts anticipate that the company will post sales of $215.88 million per share. Zacks Investment Research’s sales calculations are a mean average based on a survey of analysts that cover Bazaarvoice.

Bazaarvoice (NASDAQ:BV) last announced its quarterly earnings results on Tuesday, June 6th. The technology company reported ($0.02) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.02). The firm had revenue of $50.20 million for the quarter, compared to the consensus estimate of $49.99 million. Bazaarvoice had a negative net margin of 7.92% and a negative return on equity of 8.34%. The business’s quarterly revenue was down 1.0% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.01) EPS.

BV has been the topic of several recent analyst reports. B. Riley restated a “buy” rating and set a $5.75 price objective on shares of Bazaarvoice in a report on Monday, June 12th. BidaskClub downgraded shares of Bazaarvoice from a “buy” rating to a “hold” rating in a report on Friday, July 7th. Finally, Zacks Investment Research downgraded shares of Bazaarvoice from a “buy” rating to a “hold” rating in a report on Tuesday, May 2nd. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company has an average rating of “Buy” and an average target price of $5.81.

Shares of Bazaarvoice (NASDAQ:BV) remained flat at $4.95 during mid-day trading on Thursday. 158,210 shares of the stock traded hands. Bazaarvoice has a 52 week low of $3.71 and a 52 week high of $6.14. The company’s 50 day moving average is $4.79 and its 200 day moving average is $4.58. The firm’s market cap is $385.40 million.

A number of institutional investors have recently modified their holdings of the company. RGM Capital LLC increased its position in shares of Bazaarvoice by 10.7% in the first quarter. RGM Capital LLC now owns 7,622,761 shares of the technology company’s stock valued at $32,778,000 after buying an additional 737,665 shares during the period. Vanguard Group Inc. increased its position in shares of Bazaarvoice by 4.5% in the first quarter. Vanguard Group Inc. now owns 6,080,402 shares of the technology company’s stock valued at $26,145,000 after buying an additional 262,688 shares during the period. Renaissance Technologies LLC increased its position in shares of Bazaarvoice by 4.1% in the first quarter. Renaissance Technologies LLC now owns 3,046,700 shares of the technology company’s stock valued at $13,101,000 after buying an additional 119,700 shares during the period. Boston Partners increased its position in shares of Bazaarvoice by 19.7% in the first quarter. Boston Partners now owns 2,190,636 shares of the technology company’s stock valued at $9,420,000 after buying an additional 361,017 shares during the period. Finally, Soros Fund Management LLC increased its position in shares of Bazaarvoice by 135.8% in the first quarter. Soros Fund Management LLC now owns 1,666,666 shares of the technology company’s stock valued at $7,167,000 after buying an additional 960,000 shares during the period. Institutional investors own 81.00% of the company’s stock.

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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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