Equities analysts predict that Bazaarvoice Inc (NASDAQ:BV) will post sales of $49.92 million for the current quarter, Zacks Investment Research reports. Two analysts have issued estimates for Bazaarvoice’s earnings, with the lowest sales estimate coming in at $49.9 million and the highest estimate coming in at $49.94 million. Bazaarvoice posted sales of $50.71 million during the same quarter last year, which suggests a negative year-over-year growth rate of 1.6%. The company is scheduled to report its next quarterly earnings results after the market closes on Tuesday, June 6th.
According to Zacks, analysts expect that Bazaarvoice will report full-year sales of $49.92 million for the current financial year, with estimates ranging from $200.97 million to $201 million. For the next financial year, analysts expect that the business will post sales of $206.93 million per share, with estimates ranging from $206.85 million to $207 million. Zacks Investment Research’s sales averages are an average based on a survey of sell-side research firms that cover Bazaarvoice.
Bazaarvoice (NASDAQ:BV) last released its earnings results on Tuesday, February 28th. The technology company reported $0.02 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.01) by $0.03. The company had revenue of $50.50 million during the quarter, compared to analysts’ expectations of $50.88 million. Bazaarvoice had a negative return on equity of 7.68% and a negative net margin of 9.30%. The business’s revenue for the quarter was up .4% on a year-over-year basis. During the same period last year, the firm earned $0.02 EPS.
A number of brokerages have recently commented on BV. B. Riley reiterated a “buy” rating and issued a $5.75 price target on shares of Bazaarvoice in a research note on Tuesday, March 28th. BTIG Research reiterated a “buy” rating and issued a $6.00 price target on shares of Bazaarvoice in a research note on Wednesday, March 15th. Finally, Zacks Investment Research upgraded Bazaarvoice from a “hold” rating to a “buy” rating and set a $4.50 price target for the company in a research note on Thursday, March 9th. Four equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $5.81.
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Shares of Bazaarvoice (NASDAQ:BV) opened at 4.60 on Friday. Bazaarvoice has a 1-year low of $3.40 and a 1-year high of $6.14. The firm’s market capitalization is $383.40 million. The stock has a 50 day moving average price of $4.54 and a 200 day moving average price of $4.61.
Hedge funds have recently bought and sold shares of the stock. Dimensional Fund Advisors LP increased its stake in Bazaarvoice by 53.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 985,118 shares of the technology company’s stock worth $4,778,000 after buying an additional 341,715 shares during the last quarter. Bogle Investment Management L P DE increased its stake in Bazaarvoice by 75.2% in the fourth quarter. Bogle Investment Management L P DE now owns 563,690 shares of the technology company’s stock worth $2,733,000 after buying an additional 241,928 shares during the last quarter. Allianz Asset Management AG increased its stake in Bazaarvoice by 22.6% in the fourth quarter. Allianz Asset Management AG now owns 466,935 shares of the technology company’s stock worth $2,265,000 after buying an additional 86,035 shares during the last quarter. Tudor Investment Corp Et Al increased its stake in Bazaarvoice by 4.5% in the fourth quarter. Tudor Investment Corp Et Al now owns 21,671 shares of the technology company’s stock worth $105,000 after buying an additional 942 shares during the last quarter. Finally, Systematic Financial Management LP increased its stake in Bazaarvoice by 77.6% in the fourth quarter. Systematic Financial Management LP now owns 694,550 shares of the technology company’s stock worth $3,369,000 after buying an additional 303,525 shares during the last quarter. Institutional investors and hedge funds own 84.63% of the company’s stock.
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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