Analysts expect that Bazaarvoice, Inc. (NASDAQ:BV) will post sales of $49.74 million for the current fiscal quarter, according to Zacks Investment Research. Two analysts have made estimates for Bazaarvoice’s earnings, with the lowest sales estimate coming in at $49.60 million and the highest estimate coming in at $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 report 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 year, with estimates ranging from $203.80 million to $204.72 million. For the next financial year, analysts forecast that the firm will post sales of $215.88 million per share. Zacks Investment Research’s sales calculations are a mean average based on a survey of sell-side analysts that follow Bazaarvoice.

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

A number of research analysts recently commented on the stock. Zacks Investment Research downgraded shares of Bazaarvoice from a “buy” rating to a “hold” rating in a report on Tuesday. BidaskClub downgraded shares of Bazaarvoice from a “hold” rating to a “sell” rating in a report on Wednesday, August 2nd. Northland Securities set a $7.00 price target on shares of Bazaarvoice and gave the company a “buy” rating in a report on Saturday, July 22nd. Finally, B. Riley reaffirmed a “buy” rating and issued a $5.75 price target on shares of Bazaarvoice in a report on Monday, June 12th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $6.05.

A number of hedge funds have recently made changes to their positions in BV. Bank of New York Mellon Corp increased its stake in shares of Bazaarvoice by 1.2% in the second quarter. Bank of New York Mellon Corp now owns 358,680 shares of the technology company’s stock valued at $1,776,000 after buying an additional 4,310 shares during the last quarter. Rhumbline Advisers increased its stake in shares of Bazaarvoice by 5.7% in the second quarter. Rhumbline Advisers now owns 95,972 shares of the technology company’s stock valued at $475,000 after buying an additional 5,160 shares during the last quarter. Schwab Charles Investment Management Inc. increased its stake in shares of Bazaarvoice by 0.6% in the second quarter. Schwab Charles Investment Management Inc. now owns 336,596 shares of the technology company’s stock valued at $1,667,000 after buying an additional 2,014 shares during the last quarter. Spark Investment Management LLC increased its stake in shares of Bazaarvoice by 94.7% in the second quarter. Spark Investment Management LLC now owns 690,900 shares of the technology company’s stock valued at $3,419,000 after buying an additional 336,000 shares during the last quarter. Finally, Aperio Group LLC increased its stake in shares of Bazaarvoice by 35.4% in the second quarter. Aperio Group LLC now owns 48,723 shares of the technology company’s stock valued at $241,000 after buying an additional 12,733 shares during the last quarter. 80.63% of the stock is owned by institutional investors and hedge funds.

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Shares of Bazaarvoice (NASDAQ BV) opened at 4.50 on Wednesday. Bazaarvoice has a 52 week low of $3.80 and a 52 week high of $6.14. The company’s market cap is $350.37 million. The firm’s 50-day moving average price is $4.79 and its 200 day moving average price is $4.58.

Bazaarvoice Company Profile

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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