Bazaarvoice, Inc. Expected to Earn Q3 2018 Earnings of $0.00 Per Share (BV)

Bazaarvoice, Inc. (NASDAQ:BV) – Equities research analysts at B. Riley increased their Q3 2018 earnings per share (EPS) estimates for shares of Bazaarvoice in a research note issued to investors on Wednesday. B. Riley analyst K. Liu now anticipates that the technology company will post earnings per share of $0.00 for the quarter, up from their prior forecast of ($0.03). B. Riley has a “Neutral” rating and a $5.50 price objective on the stock. B. Riley also issued estimates for Bazaarvoice’s Q4 2018 earnings at ($0.01) EPS, FY2018 earnings at ($0.02) EPS, Q1 2019 earnings at $0.00 EPS, Q2 2019 earnings at $0.00 EPS, Q3 2019 earnings at $0.01 EPS, Q4 2019 earnings at $0.01 EPS and FY2019 earnings at $0.02 EPS.

BV has been the topic of several other research reports. 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, November 28th. Zacks Investment Research upgraded Bazaarvoice from a “hold” rating to a “strong-buy” rating and set a $6.25 price objective on the stock in a report on Monday. ValuEngine downgraded Bazaarvoice from a “hold” rating to a “sell” rating in a research note on Friday, September 1st. Needham & Company LLC downgraded Bazaarvoice from a “buy” rating to a “hold” rating in a research note on Tuesday, November 28th. Finally, BidaskClub upgraded Bazaarvoice from a “sell” rating to a “hold” rating in a research note on Wednesday, September 27th. Two research analysts have rated the stock with a sell rating, four have given a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $5.96.

Shares of Bazaarvoice (NASDAQ BV) remained flat at $$5.45 during trading hours on Monday. 1,019,100 shares of the company’s stock were exchanged, compared to its average volume of 608,800. Bazaarvoice has a 12 month low of $3.80 and a 12 month high of $5.50.

Bazaarvoice (NASDAQ:BV) last announced its earnings results on Monday, November 27th. The technology company reported $0.06 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.02 by $0.04. Bazaarvoice had a negative return on equity of 4.42% and a negative net margin of 4.40%. The business had revenue of $53.40 million during the quarter, compared to the consensus estimate of $50.83 million. During the same period in the prior year, the company posted $0.02 EPS. The business’s quarterly revenue was up 6.0% on a year-over-year basis.

A number of hedge funds and other institutional investors have recently modified their holdings of the business. SG Americas Securities LLC lifted its position in shares of Bazaarvoice by 109.1% during the 3rd quarter. SG Americas Securities LLC now owns 21,021 shares of the technology company’s stock valued at $104,000 after acquiring an additional 10,967 shares during the last quarter. Cubist Systematic Strategies LLC increased its stake in shares of Bazaarvoice by 50.3% in the second quarter. Cubist Systematic Strategies LLC now owns 22,202 shares of the technology company’s stock worth $110,000 after acquiring an additional 7,430 shares during the last quarter. Jane Street Group LLC increased its stake in shares of Bazaarvoice by 111.8% in the third quarter. Jane Street Group LLC now owns 24,458 shares of the technology company’s stock worth $121,000 after acquiring an additional 12,913 shares during the last quarter. Tudor Investment Corp ET AL increased its stake in shares of Bazaarvoice by 6.6% in the second quarter. Tudor Investment Corp ET AL now owns 24,612 shares of the technology company’s stock worth $122,000 after acquiring an additional 1,516 shares during the last quarter. Finally, KCG Holdings Inc. acquired a new position in shares of Bazaarvoice in the first quarter worth $157,000. 77.82% of the stock is owned by hedge funds and other institutional investors.

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Bazaarvoice Company Profile

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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