Analysts expect Blucora Inc (NASDAQ:BCOR) to report earnings per share of ($0.24) for the current fiscal quarter, Zacks reports. Two analysts have provided estimates for Blucora’s earnings. The highest EPS estimate is ($0.23) and the lowest is ($0.25). Blucora reported earnings of ($0.18) per share in the same quarter last year, which would indicate a negative year over year growth rate of 33.3%. The business is expected to announce its next earnings results on Thursday, February 15th.

According to Zacks, analysts expect that Blucora will report full year earnings of $1.39 per share for the current financial year, with EPS estimates ranging from $1.38 to $1.40. For the next financial year, analysts forecast that the firm will report earnings of $1.65 per share. Zacks’ earnings per share calculations are a mean average based on a survey of research firms that that provide coverage for Blucora.

Blucora (NASDAQ:BCOR) last posted its earnings results on Thursday, October 26th. The information services provider reported ($0.12) earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.19) by $0.07. The business had revenue of $90.20 million for the quarter, compared to analyst estimates of $89.72 million. Blucora had a negative net margin of 0.46% and a positive return on equity of 11.94%. Blucora’s revenue was up 8.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.24) EPS.

A number of equities analysts have recently commented on the stock. Zacks Investment Research lowered shares of Blucora from a “buy” rating to a “hold” rating in a report on Thursday, September 28th. ValuEngine raised shares of Blucora from a “hold” rating to a “buy” rating in a report on Sunday, December 31st. BidaskClub raised shares of Blucora from a “strong sell” rating to a “sell” rating in a report on Saturday, December 16th. TheStreet lowered shares of Blucora from a “b-” rating to a “c” rating in a report on Monday, October 30th. Finally, Benchmark reissued a “buy” rating and issued a $30.00 price target on shares of Blucora in a report on Monday, November 20th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have issued a buy rating to the company. Blucora currently has a consensus rating of “Hold” and a consensus price target of $27.00.

Institutional investors have recently made changes to their positions in the company. Sei Investments Co. boosted its stake in shares of Blucora by 15,869.2% in the 3rd quarter. Sei Investments Co. now owns 4,152 shares of the information services provider’s stock valued at $110,000 after purchasing an additional 4,126 shares in the last quarter. Robeco Institutional Asset Management B.V. purchased a new stake in shares of Blucora in the 3rd quarter valued at $124,000. C M Bidwell & Associates Ltd. purchased a new stake in shares of Blucora in the 2nd quarter valued at $179,000. Trexquant Investment LP purchased a new stake in shares of Blucora in the 3rd quarter valued at $201,000. Finally, Crossmark Global Holdings Inc. purchased a new stake in shares of Blucora in the 3rd quarter valued at $204,000. 90.58% of the stock is owned by institutional investors.

Shares of Blucora (NASDAQ:BCOR) traded up $1.05 during trading hours on Thursday, hitting $24.10. 483,100 shares of the stock were exchanged, compared to its average volume of 329,818. The company has a market cap of $1,100.00, a price-to-earnings ratio of 803.33, a price-to-earnings-growth ratio of 0.70 and a beta of -0.32. Blucora has a 1 year low of $14.25 and a 1 year high of $26.15. The company has a quick ratio of 2.23, a current ratio of 2.23 and a debt-to-equity ratio of 0.65.

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Blucora Company Profile

Blucora, Inc is a provider of technology-enabled financial solutions to consumers, small business owners and tax professionals. The Company operates through the Wealth Management and Tax Preparation segments. The Company’s Wealth Management segment consists of HD Vest, which provides financial advisors with an integrated platform of brokerage, investment advisory and insurance services to assist in making each financial advisor a financial service center for his/her clients The Company’s Tax Preparation segment provides digital do-it-yourself (DDIY) tax preparation solutions for consumers, small business owners and tax professionals.

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