$52.59 Million in Sales Expected for Bazaarvoice Inc (BV) This Quarter

Equities analysts expect Bazaarvoice Inc (NASDAQ:BV) to post sales of $52.59 million for the current fiscal quarter, Zacks Investment Research reports. Two analysts have issued estimates for Bazaarvoice’s earnings, with estimates ranging from $51.30 million to $53.88 million. Bazaarvoice reported sales of $50.53 million in the same quarter last year, which would suggest a positive year over year growth rate of 4.1%. The company is scheduled to report its next earnings report on Tuesday, February 27th.

According to Zacks, analysts expect that Bazaarvoice will report full year sales of $52.59 million for the current year, with estimates ranging from $205.70 million to $214.08 million. For the next year, analysts expect that the business will post sales of $220.55 million per share, with estimates ranging from $212.00 million to $229.10 million. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side analysts that that provide coverage for Bazaarvoice.

Bazaarvoice (NASDAQ:BV) last released its quarterly earnings data on Monday, November 27th. The technology company reported $0.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.04. The business had revenue of $53.40 million for the quarter, compared to analysts’ expectations of $50.83 million. Bazaarvoice had a negative return on equity of 4.42% and a negative net margin of 4.40%. The firm’s quarterly revenue was up 6.0% on a year-over-year basis. During the same period in the prior year, the firm posted $0.02 EPS.

A number of equities research analysts have weighed in on the stock. Zacks Investment Research upgraded shares of Bazaarvoice from a “hold” rating to a “strong-buy” rating and set a $6.25 target price 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 target price 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 target price for the company. in a research note on Tuesday, November 28th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating, one has issued a buy rating and one has given a strong buy rating to the stock. Bazaarvoice currently has an average rating of “Hold” and an average target price of $5.96.

In other news, insider Kelly Trammell sold 12,607 shares of the company’s stock in a transaction on Friday, December 22nd. The stock was sold at an average price of $5.45, for a total value of $68,708.15. Following the completion of the sale, the insider now directly owns 126,290 shares in the company, valued at approximately $688,280.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 5.64% of the company’s stock.

Several large investors have recently bought and sold shares of BV. Longfellow Investment Management Co. LLC purchased a new stake in Bazaarvoice in the 4th quarter worth $5,995,000. Vanguard Group Inc. increased its stake in Bazaarvoice by 7.8% in the 2nd quarter. Vanguard Group Inc. now owns 6,552,046 shares of the technology company’s stock worth $32,432,000 after buying an additional 471,644 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in Bazaarvoice by 22.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,819,391 shares of the technology company’s stock worth $9,006,000 after buying an additional 339,536 shares in the last quarter. Renaissance Technologies LLC increased its stake in Bazaarvoice by 8.8% in the 2nd quarter. Renaissance Technologies LLC now owns 3,314,200 shares of the technology company’s stock worth $16,405,000 after buying an additional 267,500 shares in the last quarter. Finally, OxFORD Asset Management LLP increased its stake in Bazaarvoice by 72.6% in the 2nd quarter. OxFORD Asset Management LLP now owns 623,859 shares of the technology company’s stock worth $3,088,000 after buying an additional 262,459 shares in the last quarter. Hedge funds and other institutional investors own 77.33% of the company’s stock.

Bazaarvoice (NASDAQ BV) opened at $5.50 on Friday. The stock has a market capitalization of $474.10, a P/E ratio of -50.00 and a beta of 0.62. Bazaarvoice has a 12-month low of $3.80 and a 12-month high of $5.50.

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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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