Bazaarvoice, Inc. (NASDAQ:BV) – Equities researchers at B. Riley boosted their Q3 2018 EPS estimates for shares of Bazaarvoice in a report released on Wednesday. B. Riley analyst K. Liu now forecasts that the technology company will post earnings per share of $0.00 for the quarter, up from their previous estimate of ($0.03). B. Riley has a “Neutral” rating and a $5.50 price target on the stock. B. Riley also issued estimates for Bazaarvoice’s Q4 2018 earnings at ($0.01) EPS, FY2018 earnings at ($0.02) EPS, Q1 2019 earnings at $0.00 EPS, Q2 2019 earnings at $0.00 EPS, Q3 2019 earnings at $0.01 EPS, Q4 2019 earnings at $0.01 EPS and FY2019 earnings at $0.02 EPS.
Other equities research analysts also recently issued research reports about the company. Zacks Investment Research raised Bazaarvoice from a “hold” rating to a “buy” rating and set a $5.75 price target for the company in a report on Thursday, September 14th. Needham & Company LLC reaffirmed a “buy” rating and set a $7.00 price target on shares of Bazaarvoice in a report on Friday, September 8th. Northland Securities set a $7.00 price target on Bazaarvoice and gave the company a “buy” rating in a report on Monday, August 28th. BidaskClub raised Bazaarvoice from a “sell” rating to a “hold” rating in a report on Wednesday, September 6th. Finally, Credit Suisse Group downgraded Bazaarvoice from an “outperform” rating to a “neutral” rating and set a $5.50 target price for the company. in a report on Tuesday, November 28th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the stock. Bazaarvoice has an average rating of “Hold” and an average price target of $5.88.
Bazaarvoice (NASDAQ:BV) last released its earnings results on Monday, November 27th. The technology company reported $0.06 earnings per share for the quarter, beating the consensus estimate of $0.02 by $0.04. Bazaarvoice had a negative net margin of 4.40% and a negative return on equity of 4.42%. The business had revenue of $53.40 million during the quarter, compared to analysts’ expectations of $50.83 million. During the same period last year, the business earned $0.02 earnings per share. The firm’s revenue was up 6.0% on a year-over-year basis.
A number of institutional investors have recently added to or reduced their stakes in the business. SG Americas Securities LLC grew its holdings in shares of Bazaarvoice by 109.1% during the third quarter. SG Americas Securities LLC now owns 21,021 shares of the technology company’s stock worth $104,000 after purchasing an additional 10,967 shares during the last quarter. Cubist Systematic Strategies LLC grew its holdings in shares of Bazaarvoice by 50.3% during the second quarter. Cubist Systematic Strategies LLC now owns 22,202 shares of the technology company’s stock worth $110,000 after purchasing an additional 7,430 shares during the last quarter. Jane Street Group LLC grew its holdings in shares of Bazaarvoice by 111.8% during the third quarter. Jane Street Group LLC now owns 24,458 shares of the technology company’s stock worth $121,000 after purchasing an additional 12,913 shares during the last quarter. Tudor Investment Corp ET AL grew its holdings in shares of Bazaarvoice by 6.6% during the second quarter. Tudor Investment Corp ET AL now owns 24,612 shares of the technology company’s stock worth $122,000 after purchasing an additional 1,516 shares during the last quarter. Finally, KCG Holdings Inc. bought a new stake in shares of Bazaarvoice during the first quarter worth about $157,000. Hedge funds and other institutional investors own 77.82% of the company’s stock.
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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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