Brokerages Expect Bazaarvoice, Inc. (BV) to Post -$0.06 Earnings Per Share
Wall Street brokerages forecast that Bazaarvoice, Inc. (NASDAQ:BV) will report earnings of ($0.06) per share for the current quarter, Zacks Investment Research reports. Two analysts have made estimates for Bazaarvoice’s earnings. Bazaarvoice posted earnings per share of ($0.05) in the same quarter last year, which suggests a negative year-over-year growth rate of 20%. The company is expected to report its next quarterly earnings report on Wednesday, September 6th.
On average, analysts expect that Bazaarvoice will report full-year earnings of ($0.15) per share for the current year, with EPS estimates ranging from ($0.15) to ($0.14). For the next year, analysts anticipate that the business will post earnings of ($0.11) per share. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of analysts that that provide coverage for Bazaarvoice.
Bazaarvoice (NASDAQ:BV) last posted its quarterly earnings results on Tuesday, June 6th. The technology company reported ($0.02) EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of ($0.02). The business had revenue of $50.20 million during 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 company’s quarterly revenue was down 1.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.01) earnings per share.
Several equities research analysts have recently issued reports on BV shares. B. Riley reissued a “buy” rating and issued a $5.75 price objective on shares of Bazaarvoice in a research report on Friday, June 2nd. Northland Securities set a $7.00 price objective on shares of Bazaarvoice and gave the stock a “buy” rating in a research report on Saturday, July 22nd. Zacks Investment Research lowered shares of Bazaarvoice from a “buy” rating to a “hold” rating in a research report on Tuesday, May 2nd. Finally, BidaskClub lowered shares of Bazaarvoice from a “hold” rating to a “sell” rating in a research report on Wednesday, August 2nd. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the company. Bazaarvoice has a consensus rating of “Hold” and an average price target of $6.05.
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Bazaarvoice (NASDAQ:BV) traded up 1.10% during trading on Monday, hitting $4.60. 8,121 shares of the company’s stock traded hands. Bazaarvoice has a 12-month low of $3.71 and a 12-month high of $6.14. The firm’s 50-day moving average price is $4.81 and its 200 day moving average price is $4.58. The stock’s market cap is $358.15 million.
Large investors have recently added to or reduced their stakes in the company. RGM Capital LLC raised its stake in 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 last quarter. Vanguard Group Inc. raised its stake in Bazaarvoice by 4.5% in the first quarter. Vanguard Group Inc. now owns 6,080,402 shares of the technology company’s stock worth $26,145,000 after buying an additional 262,688 shares during the last quarter. Renaissance Technologies LLC raised its stake in Bazaarvoice by 4.1% in the first quarter. Renaissance Technologies LLC now owns 3,046,700 shares of the technology company’s stock worth $13,101,000 after buying an additional 119,700 shares during the last quarter. Boston Partners raised its stake in Bazaarvoice by 19.7% in the first quarter. Boston Partners now owns 2,190,636 shares of the technology company’s stock worth $9,420,000 after buying an additional 361,017 shares during the last quarter. Finally, Soros Fund Management LLC raised its stake in Bazaarvoice by 135.8% in the first quarter. Soros Fund Management LLC now owns 1,666,666 shares of the technology company’s stock worth $7,167,000 after buying an additional 960,000 shares during the last quarter. 80.63% of the stock is owned by institutional investors.
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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