Bazaarvoice (BV) Lowered to Hold at Zacks Investment Research

Zacks Investment Research downgraded shares of Bazaarvoice (NASDAQ:BV) from a buy rating to a hold rating in a research report sent to investors on Tuesday.

According to Zacks, “BrightView Holdings, Inc. is a provider of commercial landscaping services primarily in the United States. It provides services from landscape maintenance and enhancements to tree care and landscape development for corporate and commercial properties, HOAs, public parks, hotels and resorts, hospitals and other healthcare facilities, educational institutions, restaurants and retail and golf courses. BrightView Holdings, Inc. is based in PA, United States. “

Other research analysts have also recently issued research reports about the stock. Nomura initiated coverage on shares of Bazaarvoice in a research note on Monday, July 23rd. They set a buy rating and a $27.00 price target for the company. Jefferies Financial Group initiated coverage on shares of Bazaarvoice in a research note on Monday, July 23rd. They set a buy rating and a $25.00 price target for the company. Stifel Nicolaus initiated coverage on shares of Bazaarvoice in a research note on Monday, July 23rd. They set a buy rating and a $25.00 price target for the company. Goldman Sachs Group initiated coverage on shares of Bazaarvoice in a research note on Monday, July 23rd. They set a buy rating and a $26.00 price target for the company. Finally, Robert W. Baird restated a buy rating and set a $22.00 price target on shares of Bazaarvoice in a research note on Friday, August 10th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and nine have issued a buy rating to the stock. The company has an average rating of Hold and a consensus price target of $19.75.

Shares of NASDAQ BV traded up $0.17 during mid-day trading on Tuesday, hitting $14.21. The company had a trading volume of 427,012 shares, compared to its average volume of 618,512. Bazaarvoice has a 12 month low of $13.69 and a 12 month high of $23.42.

Bazaarvoice (NASDAQ:BV) last released its earnings results on Wednesday, August 8th. The technology company reported $0.33 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.23 by $0.10. Bazaarvoice had a negative net margin of 0.10% and a negative return on equity of 0.12%. The business had revenue of $630.33 million during the quarter, compared to analysts’ expectations of $634.53 million. As a group, sell-side analysts anticipate that Bazaarvoice will post -0.08 earnings per share for the current year.

Several large investors have recently bought and sold shares of BV. Putnam Investments LLC bought a new position in shares of Bazaarvoice in the second quarter valued at approximately $2,845,000. Fred Alger Management Inc. bought a new position in shares of Bazaarvoice in the second quarter valued at approximately $4,413,000. Finally, Peregrine Capital Management LLC bought a new position in shares of Bazaarvoice in the second quarter valued at approximately $7,239,000. Institutional investors own 78.35% of the company’s stock.

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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