Shares of Blucora Inc (NASDAQ:BCOR) have been assigned a consensus rating of “Buy” from the nine brokerages that are presently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, two have issued a hold rating and six have assigned a buy rating to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $37.56.

BCOR has been the topic of a number of recent research reports. Barrington Research reiterated a “buy” rating and set a $40.00 target price on shares of Blucora in a research note on Monday, October 22nd. ValuEngine lowered Blucora from a “strong-buy” rating to a “buy” rating in a research note on Thursday, November 1st. Zacks Investment Research upgraded Blucora from a “hold” rating to a “buy” rating and set a $35.00 target price on the stock in a research note on Tuesday, November 6th. Finally, BidaskClub upgraded Blucora from a “hold” rating to a “buy” rating in a research note on Friday, January 25th.

NASDAQ:BCOR traded up $0.65 on Friday, hitting $27.43. The company’s stock had a trading volume of 410,734 shares, compared to its average volume of 222,337. The company has a quick ratio of 2.95, a current ratio of 2.95 and a debt-to-equity ratio of 0.42. The firm has a market capitalization of $1.32 billion, a price-to-earnings ratio of 22.48, a P/E/G ratio of 0.97 and a beta of 0.41. Blucora has a one year low of $22.30 and a one year high of $41.35.

Blucora (NASDAQ:BCOR) last released its quarterly earnings data on Thursday, February 14th. The information services provider reported ($0.16) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.18) by $0.02. The firm had revenue of $101.30 million for the quarter, compared to analyst estimates of $101.11 million. Blucora had a return on equity of 14.56% and a net margin of 13.71%. The business’s revenue for the quarter was up 3.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($0.12) earnings per share. Equities research analysts expect that Blucora will post 1.63 EPS for the current year.

Hedge funds and other institutional investors have recently made changes to their positions in the company. Quantamental Technologies LLC bought a new position in shares of Blucora during the fourth quarter worth approximately $51,000. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Blucora by 23.9% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,375 shares of the information services provider’s stock worth $90,000 after purchasing an additional 650 shares during the period. LS Investment Advisors LLC grew its position in Blucora by 297.8% during the fourth quarter. LS Investment Advisors LLC now owns 5,378 shares of the information services provider’s stock worth $143,000 after buying an additional 4,026 shares in the last quarter. Pacer Advisors Inc. acquired a new stake in Blucora during the third quarter worth approximately $214,000. Finally, Massachusetts Financial Services Co. MA acquired a new stake in Blucora during the fourth quarter worth approximately $214,000. Institutional investors own 94.49% of the company’s stock.

About Blucora

Blucora, Inc provides technology-enabled financial solutions to consumers, small business owners, and tax professionals in the United States. The company operates through two segments, Wealth Management and Tax Preparation. The Wealth Management segment offers an integrated platform of brokerage, investment advisory, and insurance services to financial advisors.

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Analyst Recommendations for Blucora (NASDAQ:BCOR)

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