Blucora (BCOR) Earns Daily Media Sentiment Score of -0.36
News stories about Blucora (NASDAQ:BCOR) have trended negative recently, Accern Sentiment reports. The research group identifies negative and positive media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Blucora earned a coverage optimism score of -0.36 on Accern’s scale. Accern also gave media headlines about the information services provider an impact score of 0 out of 100, meaning that recent media coverage is extremely unlikely to have an effect on the company’s share price in the next several days.
BCOR has been the topic of several research reports. Zacks Investment Research raised Blucora from a “hold” rating to a “buy” rating and set a $26.00 price objective on the stock in a report on Wednesday, August 2nd. Craig Hallum reaffirmed a “buy” rating on shares of Blucora in a report on Thursday, May 4th. Benchmark Co. raised their price target on Blucora from $19.00 to $23.00 and gave the stock a “buy” rating in a report on Friday, May 5th. ValuEngine raised Blucora from a “hold” rating to a “buy” rating in a report on Friday, June 2nd. Finally, Barrington Research raised their price target on Blucora from $23.00 to $28.00 and gave the stock an “outperform” rating in a report on Friday, July 28th. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $25.50.
Blucora (BCOR) remained flat at $22.90 during trading on Tuesday. The stock had a trading volume of 318,665 shares. The firm has a 50 day moving average of $21.24 and a 200 day moving average of $18.51. The firm’s market cap is $1.03 billion. Blucora has a 1-year low of $10.22 and a 1-year high of $24.00.
Blucora (NASDAQ:BCOR) last posted its earnings results on Thursday, July 27th. The information services provider reported $0.70 EPS for the quarter, topping the consensus estimate of $0.66 by $0.04. Blucora had a negative net margin of 8.03% and a positive return on equity of 11.92%. The firm had revenue of $139.20 million during the quarter, compared to analysts’ expectations of $136.07 million. During the same quarter in the prior year, the firm earned $0.55 EPS. Blucora’s quarterly revenue was up 15.9% on a year-over-year basis. Analysts anticipate that Blucora will post $1.36 earnings per share for the current year.
In other Blucora news, CFO Eric Michael Emans sold 89,800 shares of the company’s stock in a transaction dated Monday, June 19th. The shares were sold at an average price of $21.65, for a total value of $1,944,170.00. Following the completion of the transaction, the chief financial officer now owns 154,897 shares in the company, valued at approximately $3,353,520.05. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Andrew Miles Snyder sold 27,100 shares of the company’s stock in a transaction dated Tuesday, May 23rd. The stock was sold at an average price of $20.67, for a total transaction of $560,157.00. Following the completion of the transaction, the director now owns 55,010 shares of the company’s stock, valued at approximately $1,137,056.70. The disclosure for this sale can be found here. In the last 90 days, insiders sold 442,309 shares of company stock valued at $9,316,936. 14.10% of the stock is owned by insiders.
Blucora, Inc is a provider of technology-enabled financial solutions to consumers, small business owners and tax professionals. The Company operates through the Wealth Management and Tax Preparation segments. The Company’s Wealth Management segment consists of HD Vest, which provides financial advisors with an integrated platform of brokerage, investment advisory and insurance services to assist in making each financial advisor a financial service center for his/her clients The Company’s Tax Preparation segment provides digital do-it-yourself (DDIY) tax preparation solutions for consumers, small business owners and tax professionals.
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