Zacks: Brokerages Anticipate Bazaarvoice Inc (BV) to Announce $0.03 EPS

Equities research analysts expect Bazaarvoice Inc (NASDAQ:BV) to announce earnings of $0.03 per share for the current quarter, Zacks Investment Research reports. Two analysts have provided estimates for Bazaarvoice’s earnings, with the highest EPS estimate coming in at $0.05 and the lowest estimate coming in at $0.01. Bazaarvoice reported earnings of $0.02 per share during the same quarter last year, which indicates a positive year over year growth rate of 50%. The company is scheduled to announce its next earnings report on Tuesday, February 27th.

On average, analysts expect that Bazaarvoice will report full year earnings of $0.13 per share for the current year, with EPS estimates ranging from $0.06 to $0.19. For the next year, analysts anticipate that the business will post earnings of $0.22 per share. Zacks’ earnings per share calculations are an average based on a survey of sell-side analysts that follow Bazaarvoice.

Bazaarvoice (NASDAQ:BV) last posted its earnings results on Monday, November 27th. The technology company reported $0.06 EPS for the quarter, topping 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 firm had revenue of $53.40 million during the quarter, compared to analysts’ expectations of $50.83 million. During the same quarter in the prior year, the firm earned $0.02 EPS. Bazaarvoice’s quarterly revenue was up 6.0% on a year-over-year basis.

A number of analysts have recently weighed in on the stock. Zacks Investment Research raised shares of Bazaarvoice from a “hold” rating to a “strong-buy” rating and set a $6.25 price target for the company in a research note on Monday, December 4th. Northland Securities lowered shares of Bazaarvoice to a “hold” rating and set a $5.50 price target for the company. in a research note on Tuesday, November 28th. BidaskClub lowered shares of Bazaarvoice from a “hold” rating to a “sell” rating in a research note on Wednesday, November 1st. Needham & Company LLC lowered shares of Bazaarvoice from a “buy” rating to a “hold” rating in a research note on Tuesday, November 28th. Finally, Credit Suisse Group lowered shares of Bazaarvoice from an “outperform” rating to a “neutral” rating and set a $5.50 price target for the company. in a research note on Tuesday, November 28th. Two analysts have rated the stock with a sell rating, four have issued a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $5.96.

Bazaarvoice (BV) traded down $0.03 during midday trading on Thursday, reaching $5.48. 1,014,701 shares of the company’s stock traded hands, compared to its average volume of 943,475. Bazaarvoice has a 1 year low of $3.80 and a 1 year high of $5.50. The company has a market cap of $474.10, a PE ratio of -49.77 and a beta of 0.62.

In related news, insider Kelly Trammell sold 12,607 shares of the stock in a transaction that occurred on Friday, December 22nd. The shares were sold at an average price of $5.45, for a total transaction of $68,708.15. Following the completion of the sale, the insider now directly owns 126,290 shares of the company’s stock, valued at $688,280.50. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 5.64% of the stock is owned by corporate insiders.

Several large investors have recently modified their holdings of BV. Schwab Charles Investment Management Inc. lifted its position in shares of Bazaarvoice by 0.6% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 336,596 shares of the technology company’s stock valued at $1,667,000 after acquiring an additional 2,014 shares in the last quarter. Rhumbline Advisers increased its position in Bazaarvoice by 5.7% in the 2nd quarter. Rhumbline Advisers now owns 95,972 shares of the technology company’s stock valued at $475,000 after acquiring an additional 5,160 shares in the last quarter. Bank of New York Mellon Corp increased its position in Bazaarvoice by 1.2% in the 2nd quarter. Bank of New York Mellon Corp now owns 358,680 shares of the technology company’s stock valued at $1,776,000 after acquiring an additional 4,310 shares in the last quarter. Swiss National Bank increased its position in Bazaarvoice by 16.3% in the 2nd quarter. Swiss National Bank now owns 127,150 shares of the technology company’s stock valued at $629,000 after acquiring an additional 17,800 shares in the last quarter. Finally, Alliancebernstein L.P. increased its position in Bazaarvoice by 89.7% in the 2nd quarter. Alliancebernstein L.P. now owns 64,700 shares of the technology company’s stock valued at $320,000 after acquiring an additional 30,600 shares in the last quarter. Institutional investors and hedge funds own 77.33% 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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Earnings History and Estimates for Bazaarvoice (NASDAQ:BV)

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