Northland Securities cut shares of Bazaarvoice (NASDAQ:BV) to a hold rating in a research report released on Tuesday. They currently have $5.50 target price on the technology company’s stock.

Other equities analysts have also issued research reports about the company. Needham & Company LLC lowered Bazaarvoice from a buy rating to a hold rating in a research note on Tuesday. Credit Suisse Group lowered Bazaarvoice from an outperform rating to a neutral rating and set a $5.50 target price on the stock. in a research note on Tuesday. B. Riley lowered Bazaarvoice from a buy rating to a neutral rating and cut their target price for the company from $6.00 to $5.50 in a research note on Tuesday. Zacks Investment Research lowered Bazaarvoice from a buy rating to a hold rating in a research note on Wednesday, November 8th. Finally, BidaskClub lowered Bazaarvoice from a hold rating to a sell rating in a research note on Wednesday, November 1st. Two research analysts have rated the stock with a sell rating, five have given a hold rating and one has given a buy rating to the company. Bazaarvoice currently has a consensus rating of Hold and a consensus target price of $5.88.

Shares of Bazaarvoice (BV) opened at $5.47 on Tuesday. Bazaarvoice has a fifty-two week low of $3.80 and a fifty-two week high of $5.50.

Bazaarvoice (NASDAQ:BV) last released its quarterly earnings data on Monday, November 27th. The technology company reported $0.06 earnings per share for the quarter, beating the consensus estimate of $0.02 by $0.04. The firm had revenue of $53.40 million during the quarter, compared to the consensus estimate of $50.83 million. Bazaarvoice had a negative return on equity of 4.42% and a negative net margin of 4.40%. The firm’s quarterly revenue was up 6.0% on a year-over-year basis. During the same period in the previous year, the company posted $0.02 earnings per share. equities research analysts expect that Bazaarvoice will post -0.13 EPS for the current fiscal year.

Several hedge funds have recently modified their holdings of BV. Vanguard Group Inc. grew its stake in shares of Bazaarvoice by 4.5% during the first quarter. Vanguard Group Inc. now owns 6,080,402 shares of the technology company’s stock worth $26,145,000 after acquiring an additional 262,688 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of Bazaarvoice by 3.2% during the first quarter. Geode Capital Management LLC now owns 748,484 shares of the technology company’s stock worth $3,218,000 after acquiring an additional 23,218 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in shares of Bazaarvoice by 50.2% during the first quarter. Dimensional Fund Advisors LP now owns 1,479,855 shares of the technology company’s stock worth $6,364,000 after acquiring an additional 494,737 shares during the last quarter. Morgan Stanley boosted its position in Bazaarvoice by 6.7% in the first quarter. Morgan Stanley now owns 296,890 shares of the technology company’s stock valued at $1,277,000 after buying an additional 18,629 shares during the last quarter. Finally, KCG Holdings Inc. purchased a new stake in Bazaarvoice in the first quarter valued at approximately $157,000. Institutional investors and hedge funds own 77.91% of the company’s stock.

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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.

Analyst Recommendations for Bazaarvoice (NASDAQ:BV)

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