Shares of Bazaarvoice Inc (NASDAQ:BV) have earned an average recommendation of “Buy” from the twelve analysts that are presently covering the firm, Marketbeat.com reports. Two research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $22.22.
Several research analysts have recently weighed in on BV shares. Zacks Investment Research raised shares of Bazaarvoice from a “hold” rating to a “buy” rating and set a $16.00 target price on the stock in a research report on Monday, January 21st. Nomura dropped their target price on shares of Bazaarvoice from $25.00 to $22.00 and set a “buy” rating on the stock in a research report on Tuesday, February 12th. Finally, Berenberg Bank started coverage on shares of Bazaarvoice in a research report on Wednesday, February 13th. They issued a “buy” rating and a $20.00 target price on the stock.
Shares of Bazaarvoice stock traded up $0.22 during trading on Wednesday, hitting $16.26. The stock had a trading volume of 272,577 shares, compared to its average volume of 368,444. Bazaarvoice has a 1 year low of $9.05 and a 1 year high of $23.42.
Bazaarvoice (NASDAQ:BV) last released its earnings results on Thursday, February 7th. The technology company reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.13 by ($0.03). The firm had revenue of $526.00 million for the quarter, compared to analyst estimates of $546.39 million. Bazaarvoice’s quarterly revenue was down 4.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.17 earnings per share.
Hedge funds have recently bought and sold shares of the stock. We Are One Seven LLC acquired a new stake in shares of Bazaarvoice during the first quarter worth approximately $235,000. Bank of New York Mellon Corp acquired a new stake in shares of Bazaarvoice during the third quarter worth approximately $1,060,000. MetLife Investment Advisors LLC acquired a new stake in shares of Bazaarvoice during the third quarter worth approximately $434,000. Teachers Advisors LLC acquired a new stake in shares of Bazaarvoice during the third quarter worth approximately $708,000. Finally, River Road Asset Management LLC acquired a new stake in shares of Bazaarvoice during the fourth quarter worth approximately $263,000. Institutional investors and hedge funds own 78.35% of the company’s stock.
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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