Northland Securities Analysts Give Bazaarvoice, Inc. (BV) a $7.00 Price Target

Bazaarvoice, Inc. (NASDAQ:BV) has been given a $7.00 price target by investment analysts at Northland Securities in a report issued on Saturday, July 22nd. The firm currently has a “buy” rating on the technology company’s stock. Northland Securities’ price objective points to a potential upside of 55.56% from the stock’s current price.

Several other research firms have also issued reports on BV. B. Riley reissued a “buy” rating and set a $5.75 target price on shares of Bazaarvoice in a report on Friday, June 2nd. Zacks Investment Research lowered Bazaarvoice from a “buy” rating to a “hold” rating in a report on Tuesday, May 2nd. Finally, BidaskClub lowered Bazaarvoice from a “buy” rating to a “hold” rating in a report on Friday, July 7th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have issued a buy rating to the company’s stock. Bazaarvoice presently has a consensus rating of “Hold” and a consensus price target of $6.05.

Shares of Bazaarvoice (NASDAQ:BV) traded down 4.26% during trading on Friday, reaching $4.50. 239,215 shares of the company traded hands. The firm’s market capitalization is $350.37 million. The firm has a 50-day moving average price of $4.81 and a 200-day moving average price of $4.58. Bazaarvoice has a 12 month low of $3.71 and a 12 month high of $6.14.

Bazaarvoice (NASDAQ:BV) last posted its quarterly earnings data on Tuesday, June 6th. The technology company reported ($0.02) earnings per share for the quarter, hitting the consensus estimate of ($0.02). The firm had revenue of $50.20 million for the quarter, compared to analysts’ expectations of $49.99 million. Bazaarvoice had a negative return on equity of 8.34% and a negative net margin of 7.92%. The company’s quarterly revenue was down 1.0% compared to the same quarter last year. During the same quarter last year, the business earned ($0.01) EPS. Equities research analysts anticipate that Bazaarvoice will post $0.06 EPS for the current year.

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A number of institutional investors have recently bought and sold shares of the stock. Tudor Investment Corp Et Al increased its position in shares of Bazaarvoice by 4.5% in the fourth quarter. Tudor Investment Corp Et Al now owns 21,671 shares of the technology company’s stock worth $105,000 after buying an additional 942 shares during the period. Edge Wealth Management LLC increased its position in shares of Bazaarvoice by 1.9% in the first quarter. Edge Wealth Management LLC now owns 54,695 shares of the technology company’s stock worth $242,000 after buying an additional 1,000 shares during the period. Bank of America Corp DE increased its position in shares of Bazaarvoice by 3.2% in the first quarter. Bank of America Corp DE now owns 47,293 shares of the technology company’s stock worth $203,000 after buying an additional 1,469 shares during the period. Schwab Charles Investment Management Inc. increased its position in shares of Bazaarvoice by 0.6% in the second quarter. Schwab Charles Investment Management Inc. now owns 336,596 shares of the technology company’s stock worth $1,667,000 after buying an additional 2,014 shares during the period. Finally, American International Group Inc. increased its position in shares of Bazaarvoice by 7.1% in the first quarter. American International Group Inc. now owns 50,580 shares of the technology company’s stock worth $217,000 after buying an additional 3,358 shares during the period. Hedge funds and other institutional investors own 80.37% 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.