Media stories about Blucora (NASDAQ:BCOR) have been trending somewhat positive on Wednesday, Accern Sentiment reports. The research group identifies negative and positive press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Blucora earned a news impact score of 0.19 on Accern’s scale. Accern also assigned headlines about the information services provider an impact score of 46.1086446660303 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Here are some of the headlines that may have impacted Accern Sentiment’s rankings:
- Blucora (BCOR) Given Consensus Recommendation of “Buy” by Analysts (americanbankingnews.com)
- ValuEngine Lowers Blucora (BCOR) to Hold (americanbankingnews.com)
- Blucora (BCOR) Rating Increased to Buy at Zacks Investment Research (americanbankingnews.com)
- Zacks: Analysts Anticipate Blucora (BCOR) to Post $0.98 Earnings Per Share (americanbankingnews.com)
- Blucora (BCOR) Expected to Announce Quarterly Sales of $196.97 Million (americanbankingnews.com)
Several equities research analysts have issued reports on BCOR shares. TheStreet raised Blucora from a “c” rating to a “b” rating in a research note on Thursday, February 15th. ValuEngine raised Blucora from a “hold” rating to a “buy” rating in a research note on Wednesday, February 28th. Benchmark reaffirmed a “buy” rating and set a $32.00 price target on shares of Blucora in a research note on Friday, February 16th. Barrington Research reaffirmed a “buy” rating on shares of Blucora in a research note on Tuesday, April 3rd. Finally, BidaskClub raised Blucora from a “hold” rating to a “buy” rating in a research note on Thursday, March 29th. One investment analyst has rated the stock with a sell rating, five have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus price target of $25.25.
BCOR opened at $26.25 on Wednesday. The stock has a market capitalization of $1,177.70, a PE ratio of 21.52, a P/E/G ratio of 0.85 and a beta of -0.12. The company has a current ratio of 1.92, a quick ratio of 1.92 and a debt-to-equity ratio of 0.62. Blucora has a 12 month low of $16.67 and a 12 month high of $26.40.
Blucora (NASDAQ:BCOR) last released its quarterly earnings data on Thursday, February 15th. The information services provider reported ($0.12) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.25) by $0.13. The firm had revenue of $97.85 million for the quarter, compared to the consensus estimate of $91.99 million. Blucora had a return on equity of 11.22% and a net margin of 5.31%. The company’s quarterly revenue was up 12.7% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.18) earnings per share. analysts predict that Blucora will post 1.48 earnings per share for the current year.
In other news, CMO Mathieu Frederic Stevenson sold 33,572 shares of Blucora stock in a transaction dated Tuesday, February 20th. The stock was sold at an average price of $24.03, for a total value of $806,735.16. Following the transaction, the chief marketing officer now owns 58,882 shares in the company, valued at $1,414,934.46. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider John S. Clendening sold 77,750 shares of Blucora stock in a transaction dated Thursday, February 22nd. The stock was sold at an average price of $24.33, for a total value of $1,891,657.50. The disclosure for this sale can be found here. In the last quarter, insiders sold 175,272 shares of company stock worth $4,273,842. Company insiders own 14.10% of the company’s stock.
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Blucora Company Profile
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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