Bazaarvoice, Inc. (BV) Receives $5.63 Consensus PT from Analysts

Shares of Bazaarvoice, Inc. (NASDAQ:BV) have been assigned a consensus recommendation of “Hold” from the eight ratings firms that are currently covering the stock, MarketBeat reports. Two equities research analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation, one has assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $5.75.

A number of analysts recently issued reports on BV shares. Northland Securities set a $7.00 price objective on shares of Bazaarvoice and gave the stock a “buy” rating in a report on Monday, August 28th. Zacks Investment Research downgraded shares of Bazaarvoice from a “buy” rating to a “hold” rating in a research note on Wednesday, November 8th. Needham & Company LLC reiterated a “buy” rating and issued a $7.00 target price on shares of Bazaarvoice in a research note on Friday, September 8th. BidaskClub upgraded shares of Bazaarvoice from a “sell” rating to a “hold” rating in a research note on Wednesday, September 6th. Finally, B. Riley downgraded shares of Bazaarvoice from a “buy” rating to a “neutral” rating and reduced their target price for the stock from $6.00 to $5.50 in a research note on Tuesday, November 28th.

Shares of Bazaarvoice (NASDAQ BV) remained flat at $$5.45 during trading hours on Monday. 1,687,740 shares of the company were exchanged, compared to its average volume of 614,678. Bazaarvoice has a one year low of $3.80 and a one year high of $5.50.

Bazaarvoice (NASDAQ:BV) last issued its quarterly earnings data on Monday, November 27th. The technology company reported $0.06 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.02 by $0.04. The business had revenue of $53.40 million during the quarter, compared to the consensus estimate of $50.83 million. Bazaarvoice had a negative net margin of 4.40% and a negative return on equity of 4.42%. The firm’s revenue was up 6.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.02 EPS. equities analysts anticipate that Bazaarvoice will post -0.08 earnings per share for the current year.

Institutional investors and hedge funds have recently bought and sold shares of the business. GSA Capital Partners LLP lifted its stake in shares of Bazaarvoice by 41.1% in the 3rd quarter. GSA Capital Partners LLP now owns 196,004 shares of the technology company’s stock worth $970,000 after purchasing an additional 57,096 shares during the period. Highbridge Capital Management LLC grew its holdings in Bazaarvoice by 126.1% during the 3rd quarter. Highbridge Capital Management LLC now owns 87,133 shares of the technology company’s stock valued at $431,000 after buying an additional 48,590 shares in the last quarter. Jane Street Group LLC grew its holdings in Bazaarvoice by 111.8% during the 3rd quarter. Jane Street Group LLC now owns 24,458 shares of the technology company’s stock valued at $121,000 after buying an additional 12,913 shares in the last quarter. Alyeska Investment Group L.P. grew its holdings in Bazaarvoice by 1.8% during the 3rd quarter. Alyeska Investment Group L.P. now owns 3,518,972 shares of the technology company’s stock valued at $17,419,000 after buying an additional 62,837 shares in the last quarter. Finally, B. Riley Financial Inc. grew its holdings in shares of Bazaarvoice by 109.2% in the third quarter. B. Riley Financial Inc. now owns 278,095 shares of the technology company’s stock valued at $1,414,000 after purchasing an additional 145,177 shares in the last quarter. Institutional investors and hedge funds own 77.82% of the company’s stock.

COPYRIGHT VIOLATION NOTICE: “Bazaarvoice, Inc. (BV) Receives $5.63 Consensus PT from Analysts” was first published by Chaffey Breeze and is the sole property of of Chaffey Breeze. If you are reading this piece on another domain, it was illegally copied and reposted in violation of US and international trademark & copyright law. The legal version of this piece can be read at https://www.chaffeybreeze.com/2017/12/07/bazaarvoice-inc-bv-receives-5-63-consensus-pt-from-analysts.html.

About Bazaarvoice

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.

Analyst Recommendations for Bazaarvoice (NASDAQ:BV)

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

Latest News

Leave a Reply