Media stories about Brightcove (NASDAQ:BCOV) have trended somewhat positive on Monday, Accern Sentiment Analysis reports. The research group identifies negative and positive media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Brightcove earned a media sentiment score of 0.22 on Accern’s scale. Accern also gave press coverage about the software maker an impact score of 47.1280011851084 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Brightcove stock traded down $0.03 on Monday, reaching $6.92. The company had a trading volume of 7,119 shares, compared to its average volume of 152,154. The company has a market capitalization of $242.92, a PE ratio of -12.14 and a beta of 1.77. Brightcove has a 1-year low of $5.40 and a 1-year high of $9.30.
Brightcove (NASDAQ:BCOV) last released its earnings results on Thursday, February 22nd. The software maker reported $0.04 EPS for the quarter, beating the Zacks’ consensus estimate of ($0.03) by $0.07. The business had revenue of $40.10 million for the quarter, compared to analysts’ expectations of $39.52 million. Brightcove had a negative return on equity of 23.20% and a negative net margin of 12.52%. The firm’s revenue was up 3.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.03 earnings per share. research analysts predict that Brightcove will post -0.23 EPS for the current fiscal year.
BCOV has been the topic of a number of research analyst reports. BidaskClub raised Brightcove from a “sell” rating to a “hold” rating in a research note on Friday, February 23rd. Zacks Investment Research raised Brightcove from a “hold” rating to a “buy” rating and set a $8.00 target price on the stock in a research note on Wednesday, March 7th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company’s stock. Brightcove presently has a consensus rating of “Hold” and a consensus price target of $8.31.
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Brightcove Inc is a global provider of cloud-based services for video. The Company’s products and services include Brightcove Video Cloud (Video Cloud), Brightcove Zencoder (Zencoder), Brightcove Once (Once), Brightcove Perform (Perform), Brightcove Video Marketing Suite (Video Marketing Suite), Brightcove Lift (Lift), Brightcove OTT Flow (OTT Flow) and Brightcove Enterprise Video Suite (Enterprise Video Suite), among others.
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