News coverage about Blucora (NASDAQ:BCOR) has been trending somewhat positive on Tuesday, according to Accern Sentiment Analysis. Accern rates the sentiment of news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Blucora earned a news sentiment score of 0.10 on Accern’s scale. Accern also assigned media headlines about the information services provider an impact score of 46.278514788496 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Shares of Blucora (BCOR) traded down 0.20% on Tuesday, reaching $24.75. The company’s stock had a trading volume of 286,720 shares. Blucora has a 52-week low of $10.98 and a 52-week high of $26.15. The firm has a 50 day moving average of $24.33 and a 200 day moving average of $21.47. The company’s market cap is $1.11 billion.
Blucora (NASDAQ:BCOR) last announced its quarterly earnings results on Thursday, July 27th. The information services provider reported $0.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.66 by $0.04. The company had revenue of $139.20 million during the quarter, compared to the consensus estimate of $136.07 million. Blucora had a negative net margin of 8.03% and a positive return on equity of 11.92%. The company’s revenue for the quarter was up 15.9% compared to the same quarter last year. During the same period in the prior year, the business earned $0.55 earnings per share. Analysts predict that Blucora will post $1.36 earnings per share for the current year.
BCOR has been the subject of a number of recent analyst reports. ValuEngine cut Blucora from a “buy” rating to a “hold” rating in a report on Friday, July 28th. Barrington Research raised their price target on Blucora from $23.00 to $28.00 and gave the company an “outperform” rating in a report on Friday, July 28th. Zacks Investment Research raised Blucora from a “hold” rating to a “buy” rating and set a $26.00 price target for the company in a report on Wednesday, August 2nd. Finally, BidaskClub raised Blucora from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 12th. Three investment analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company’s stock. Blucora has a consensus rating of “Buy” and a consensus price target of $25.50.
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Blucora, Inc is a provider of technology-enabled financial solutions to consumers, small business owners and tax professionals. The Company operates through the Wealth Management and Tax Preparation segments. The Company’s Wealth Management segment consists of HD Vest, which provides financial advisors with an integrated platform of brokerage, investment advisory and insurance services to assist in making each financial advisor a financial service center for his/her clients The Company’s Tax Preparation segment provides digital do-it-yourself (DDIY) tax preparation solutions for consumers, small business owners and tax professionals.
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