Zacks: Brokerages Expect Bazaarvoice, Inc. (NASDAQ:BV) Will Announce Earnings of -$0.06 Per Share
Analysts forecast that Bazaarvoice, Inc. (NASDAQ:BV) will announce earnings per share (EPS) of ($0.06) for the current quarter, according to Zacks Investment Research. Two analysts have made estimates for Bazaarvoice’s earnings. Bazaarvoice posted earnings of ($0.05) per share in the same quarter last year, which would suggest a negative year-over-year growth rate of 20%. The business is expected to report its next quarterly earnings results on Wednesday, September 6th.
On average, analysts expect that Bazaarvoice will report full-year earnings of ($0.15) per share for the current year, with EPS estimates ranging from ($0.15) to ($0.14). For the next financial year, analysts expect that the business will report earnings of ($0.11) per share. Zacks Investment Research’s EPS calculations are a mean average based on a survey of analysts that that provide coverage for Bazaarvoice.
Bazaarvoice (NASDAQ:BV) last posted its quarterly earnings results on Tuesday, June 6th. The technology company reported ($0.02) EPS for the quarter, hitting the Thomson Reuters’ consensus estimate of ($0.02). The business had revenue of $50.20 million during the quarter, compared to the consensus estimate of $49.99 million. Bazaarvoice had a negative net margin of 7.92% and a negative return on equity of 8.34%. The company’s quarterly revenue was down 1.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.01) earnings per share.
Several research firms have recently issued reports on BV. B. Riley reissued a “buy” rating and issued a $5.75 price objective on shares of Bazaarvoice in a research report on Friday, June 2nd. BidaskClub lowered shares of Bazaarvoice from a “hold” rating to a “sell” rating in a research report on Wednesday, August 2nd. Northland Securities set a $7.00 price objective on shares of Bazaarvoice and gave the stock a “buy” rating in a research report on Saturday, July 22nd. Finally, Zacks Investment Research lowered shares of Bazaarvoice from a “buy” rating to a “hold” rating in a research report on Tuesday, May 2nd. One analyst has rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the stock. Bazaarvoice presently has an average rating of “Hold” and a consensus target price of $6.05.
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Bazaarvoice (NASDAQ:BV) traded up 1.10% during trading on Monday, hitting $4.60. 8,121 shares of the company’s stock traded hands. The stock’s market cap is $358.15 million. The firm’s 50-day moving average price is $4.81 and its 200 day moving average price is $4.58. Bazaarvoice has a 12-month low of $3.71 and a 12-month high of $6.14.
Several large investors have recently added to or reduced their stakes in BV. TFS Capital LLC purchased a new stake in Bazaarvoice during the first quarter worth $145,000. Karp Capital Management Corp purchased a new stake in Bazaarvoice during the first quarter worth $155,000. KCG Holdings Inc. purchased a new stake in Bazaarvoice during the first quarter worth $157,000. Bank of America Corp DE raised its stake in Bazaarvoice by 3.2% in the first quarter. Bank of America Corp DE now owns 47,293 shares of the technology company’s stock worth $203,000 after buying an additional 1,469 shares during the last quarter. Finally, American International Group Inc. raised its stake in Bazaarvoice by 7.1% in the first quarter. American International Group Inc. now owns 50,580 shares of the technology company’s stock worth $217,000 after buying an additional 3,358 shares during the last quarter. 80.63% of the stock is owned by institutional investors.
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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