Brokerages Anticipate Bazaarvoice Inc (BV) Will Announce Quarterly Sales of $52.59 Million

Equities research analysts expect that Bazaarvoice Inc (NASDAQ:BV) will post $52.59 million in sales for the current fiscal quarter, according to Zacks. Two analysts have provided estimates for Bazaarvoice’s earnings, with the lowest sales estimate coming in at $51.30 million and the highest estimate coming in at $53.88 million. Bazaarvoice reported sales of $50.53 million in the same quarter last year, which indicates a positive year-over-year growth rate of 4.1%. The business is scheduled to announce its next earnings report on Tuesday, February 27th.

On average, analysts expect that Bazaarvoice will report full-year sales of $52.59 million for the current financial year, with estimates ranging from $205.70 million to $214.08 million. For the next financial year, analysts anticipate that the company 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 a mean average based on a survey of sell-side analysts that cover Bazaarvoice.

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

Several analysts have weighed in on the company. BidaskClub downgraded Bazaarvoice from a “hold” rating to a “sell” rating in a research report on Tuesday. ValuEngine cut Bazaarvoice from a “hold” rating to a “sell” rating in a research note on Saturday, January 13th. Zacks Investment Research raised Bazaarvoice from a “hold” rating to a “strong-buy” rating and set a $6.25 target price on the stock in a research note on Monday, December 4th. Northland Securities cut Bazaarvoice to a “hold” rating and set a $5.50 target price on the stock. in a research note on Tuesday, November 28th. Finally, Needham & Company LLC cut Bazaarvoice from a “buy” rating to a “hold” rating in a research note on Tuesday, November 28th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating, one has given a buy rating and one has issued a strong buy rating to the company. Bazaarvoice presently has a consensus rating of “Hold” and an average price target of $5.96.

In other news, insider Kelly Trammell sold 12,607 shares of the business’s stock in a transaction that occurred on Friday, December 22nd. The stock was sold at an average price of $5.45, for a total transaction of $68,708.15. Following the transaction, the insider now directly owns 126,290 shares of the company’s stock, valued at $688,280.50. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 5.64% of the stock is currently owned by insiders.

A number of hedge funds have recently modified their holdings of the stock. Longfellow Investment Management Co. LLC purchased a new stake in Bazaarvoice in the fourth quarter worth $5,995,000. Fox Run Management L.L.C. bought a new stake in Bazaarvoice in the fourth quarter worth $101,000. Schwab Charles Investment Management Inc. boosted its holdings in Bazaarvoice by 7.8% in the fourth quarter. Schwab Charles Investment Management Inc. now owns 382,827 shares of the technology company’s stock worth $2,087,000 after acquiring an additional 27,673 shares in the last quarter. GSA Capital Partners LLP boosted its holdings in Bazaarvoice by 41.1% in the third quarter. GSA Capital Partners LLP now owns 196,004 shares of the technology company’s stock worth $970,000 after acquiring an additional 57,096 shares in the last quarter. Finally, Highbridge Capital Management LLC boosted its holdings in Bazaarvoice by 126.1% in the third quarter. Highbridge Capital Management LLC now owns 87,133 shares of the technology company’s stock worth $431,000 after acquiring an additional 48,590 shares in the last quarter. 77.33% of the stock is currently owned by institutional investors.

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

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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.

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Earnings History and Estimates for Bazaarvoice (NASDAQ:BV)

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