Brightcove (BCOV) Scheduled to Post Earnings on Thursday

Brightcove (NASDAQ:BCOV) is scheduled to release its earnings data after the market closes on Thursday, February 22nd. Analysts expect Brightcove to post earnings of ($0.03) per share for the quarter.

Shares of Brightcove (NASDAQ BCOV) opened at $6.85 on Thursday. Brightcove has a 52 week low of $5.40 and a 52 week high of $9.30. The firm has a market capitalization of $233.77, a price-to-earnings ratio of -10.38 and a beta of 1.86.

Several equities analysts have recently commented on BCOV shares. Zacks Investment Research upgraded Brightcove from a “hold” rating to a “buy” rating and set a $8.50 price target on the stock in a research note on Tuesday, November 7th. Stifel Nicolaus raised their price target on Brightcove from $10.50 to $11.00 and gave the company a “buy” rating in a research note on Friday, October 27th. Northland Securities upgraded Brightcove from a “market perform” rating to an “outperform” rating in a research note on Friday, October 27th. Finally, B. Riley restated a “hold” rating and set a $7.25 price target on shares of Brightcove in a research note on Friday, October 27th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the company’s stock. Brightcove presently has a consensus rating of “Hold” and an average target price of $8.44.

A hedge fund recently raised its stake in Brightcove stock. Dimensional Fund Advisors LP grew its holdings in Brightcove Inc (NASDAQ:BCOV) by 30.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 16,234 shares of the software maker’s stock after acquiring an additional 3,764 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Brightcove were worth $101,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 62.75% of the company’s stock.

ILLEGAL ACTIVITY WARNING: “Brightcove (BCOV) Scheduled to Post Earnings on Thursday” was reported by American Banking News and is owned by of American Banking News. If you are accessing this report on another publication, it was copied illegally and republished in violation of U.S. & international copyright and trademark law. The original version of this report can be read at https://www.americanbankingnews.com/2018/02/15/brightcove-bcov-scheduled-to-post-earnings-on-thursday.html.

Brightcove Company Profile

Brightcove Inc is a global provider of cloud-based services for video. The Company’s products and services include Brightcove Video Cloud (Video Cloud), Brightcove Zencoder (Zencoder), Brightcove Once (Once), Brightcove Perform (Perform), Brightcove Video Marketing Suite (Video Marketing Suite), Brightcove Lift (Lift), Brightcove OTT Flow (OTT Flow) and Brightcove Enterprise Video Suite (Enterprise Video Suite), among others.

Earnings History for Brightcove (NASDAQ:BCOV)

Receive News & Ratings for Brightcove Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brightcove and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply