Zacks: Bridgeline Digital Inc (BLIN) Given Consensus Recommendation of “Buy” by Analysts

Bridgeline Digital Inc (NASDAQ:BLIN) has been assigned a consensus broker rating score of 2.00 (Buy) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a buy recommendation.

Brokers have set a 1 year consensus target price of $5.75 for the company, according to Zacks. Zacks has also assigned Bridgeline Digital an industry rank of 192 out of 265 based on the ratings given to related companies.

A number of equities analysts have issued reports on the stock. Zacks Investment Research upgraded shares of Bridgeline Digital from a “hold” rating to a “buy” rating and set a $3.25 target price for the company in a research report on Tuesday, October 3rd. ValuEngine upgraded shares of Bridgeline Digital from a “strong sell” rating to a “sell” rating in a research report on Monday, October 2nd.

Shares of Bridgeline Digital (NASDAQ:BLIN) opened at $2.57 on Monday. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.22. Bridgeline Digital has a 52 week low of $1.86 and a 52 week high of $5.10. The company has a market cap of $10.78, a PE ratio of -5.71 and a beta of 0.27.

Bridgeline Digital (NASDAQ:BLIN) last announced its earnings results on Tuesday, December 19th. The software maker reported ($0.05) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.10) by $0.05. Bridgeline Digital had a negative net margin of 9.83% and a negative return on equity of 7.17%. research analysts forecast that Bridgeline Digital will post -0.14 EPS for the current fiscal year.

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Bridgeline Digital Company Profile

Bridgeline Digital, Inc is a digital engagement company. The Company’s iAPPS platform is a Web Engagement Management (WEM) platform that integrates Web Content Management, e-commerce, e-marketing, Social Media management and Web Analytics to help marketers deliver digital experiences that engage and convert their customers across all channels.

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