Bazaarvoice, Inc. (NASDAQ:BV) has been given a $7.00 target price by equities research analysts at Northland Securities in a note issued to investors on Monday. The firm presently has a “buy” rating on the technology company’s stock. Northland Securities’ target price would suggest a potential upside of 50.54% from the company’s previous close.

Several other analysts have also issued reports on the company. Zacks Investment Research lowered Bazaarvoice from a “buy” rating to a “hold” rating in a research note on Tuesday, August 8th. BidaskClub lowered Bazaarvoice from a “hold” rating to a “sell” rating in a research note on Wednesday, August 2nd. Finally, B. Riley restated a “buy” rating and issued a $5.75 target price on shares of Bazaarvoice in a research note on Monday, June 12th. One analyst has rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating to the stock. Bazaarvoice has an average rating of “Hold” and a consensus price target of $6.05.

Bazaarvoice (BV) opened at 4.65 on Monday. The company’s 50-day moving average is $4.70 and its 200 day moving average is $4.58. Bazaarvoice has a 12 month low of $3.80 and a 12 month high of $6.14. The company’s market cap is $362.04 million.

Bazaarvoice (NASDAQ:BV) last posted its quarterly earnings data on Tuesday, June 6th. The technology company reported ($0.02) earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of ($0.02). Bazaarvoice had a negative return on equity of 8.34% and a negative net margin of 7.92%. The business had revenue of $50.20 million for the quarter, compared to analysts’ expectations of $49.99 million. During the same quarter in the previous year, the firm earned ($0.01) earnings per share. The business’s revenue was down 1.0% on a year-over-year basis. Equities analysts forecast that Bazaarvoice will post $0.06 earnings per share for the current fiscal year.

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Institutional investors have recently bought and sold shares of the company. RGM Capital LLC boosted its position in Bazaarvoice by 10.7% in the first quarter. RGM Capital LLC now owns 7,622,761 shares of the technology company’s stock worth $32,778,000 after buying an additional 737,665 shares during the last quarter. Vanguard Group Inc. boosted its position in Bazaarvoice by 7.8% in the second quarter. Vanguard Group Inc. now owns 6,552,046 shares of the technology company’s stock worth $32,432,000 after buying an additional 471,644 shares during the last quarter. Renaissance Technologies LLC boosted its position in Bazaarvoice by 8.8% in the second quarter. Renaissance Technologies LLC now owns 3,314,200 shares of the technology company’s stock worth $16,405,000 after buying an additional 267,500 shares during the last quarter. Boston Partners boosted its position in Bazaarvoice by 19.7% in the first quarter. Boston Partners now owns 2,190,636 shares of the technology company’s stock worth $9,420,000 after buying an additional 361,017 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in Bazaarvoice by 22.9% in the second quarter. Dimensional Fund Advisors LP now owns 1,819,391 shares of the technology company’s stock worth $9,006,000 after buying an additional 339,536 shares during the last quarter. Hedge funds and other institutional investors own 77.51% of the company’s stock.

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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