Equities analysts expect Bazaarvoice, Inc. (NASDAQ:BV) to announce sales of $50.79 million for the current fiscal quarter, Zacks reports. Two analysts have provided estimates for Bazaarvoice’s earnings, with the lowest sales estimate coming in at $50.58 million and the highest estimate coming in at $51.00 million. Bazaarvoice reported sales of $50.41 million in the same quarter last year, which indicates a positive year-over-year growth rate of 0.8%. The business is scheduled to issue its next earnings report on Wednesday, November 29th.

On average, analysts expect that Bazaarvoice will report full year sales of $50.79 million for the current financial year, with estimates ranging from $204.72 million to $207.00 million. For the next year, analysts anticipate that the company will post sales of $213.94 million per share, with estimates ranging from $212.00 million to $215.88 million. Zacks’ sales calculations are a mean average based on a survey of sell-side research analysts that follow Bazaarvoice.

Bazaarvoice (NASDAQ:BV) last posted its quarterly earnings data on Thursday, September 7th. The technology company reported ($0.02) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.06) by $0.04. Bazaarvoice had a negative net margin of 6.47% and a negative return on equity of 6.88%. The company had revenue of $52.20 million for the quarter, compared to the consensus estimate of $49.83 million. The business’s revenue was up 4.2% on a year-over-year basis.

BV has been the subject of a number of research reports. B. Riley restated a “buy” rating and set a $5.75 target price on shares of Bazaarvoice in a research note on Friday, June 2nd. BidaskClub lowered shares of Bazaarvoice from a “buy” rating to a “hold” rating in a research report on Friday, July 7th. Northland Securities set a $7.00 price target 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, August 8th. Finally, ValuEngine lowered shares of Bazaarvoice from a “hold” rating to a “sell” rating in a research report on Friday, September 1st. One analyst has rated the stock with a sell rating, one has issued a hold rating and six have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $6.46.

A number of large investors have recently added to or reduced their stakes in the stock. Soros Fund Management LLC increased its holdings in Bazaarvoice by 135.8% in the 1st 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. Nationwide Fund Advisors increased its holdings in Bazaarvoice by 43.3% in the 1st quarter. Nationwide Fund Advisors now owns 462,097 shares of the technology company’s stock valued at $1,987,000 after buying an additional 139,717 shares during the period. Karp Capital Management Corp bought a new position in Bazaarvoice in the 1st quarter valued at about $155,000. American Century Companies Inc. increased its holdings in Bazaarvoice by 7.5% in the 1st quarter. American Century Companies Inc. now owns 300,839 shares of the technology company’s stock valued at $1,294,000 after buying an additional 20,906 shares during the period. Finally, Delta Lloyd Asset Management N.V. bought a new position in Bazaarvoice in the 2nd quarter valued at about $1,302,000. 77.67% of the stock is currently owned by institutional investors and hedge funds.

Bazaarvoice (NASDAQ BV) opened at 4.95 on Friday. The company’s market cap is $419.08 million. Bazaarvoice has a 12-month low of $3.80 and a 12-month high of $6.14. The stock’s 50 day moving average is $4.68 and its 200 day moving average is $4.59.

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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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