Blucora Stock Price, Forecast & Analysis (NASDAQ:BCOR)

Blucora trades on the NASDAQ under the ticker symbol "BCOR."

Blucora Inc (NASDAQ:BCOR) announced its earnings results on Wednesday, November, 6th. The information services provider reported ($0.20) earnings per share for the quarter, hitting the Thomson Reuters' consensus estimate of ($0.20). The information services provider earned $149 million during the quarter, compared to the consensus estimate of $148.58 million. Blucora had a return on equity of 13.87% and a net margin of 2.22%. The business's quarterly revenue was up 56.2% on a year-over-year basis. During the same period in the prior year, the company posted ($0.09) EPS. View Blucora's Earnings History.

Blucora is scheduled to release their next quarterly earnings announcement on Thursday, February 13th 2020. View Earnings Estimates for Blucora.

Blucora updated its FY19 earnings guidance on Wednesday, November, 6th. The company provided EPS guidance of $1.88-$2.01 for the period, compared to the Thomson Reuters consensus estimate of $1.98. The company issued revenue guidance of $714.5-$720.5 million, compared to the consensus revenue estimate of $719.30 million.

2 brokers have issued 1-year price objectives for Blucora's stock. Their forecasts range from $30.00 to $36.00. On average, they anticipate Blucora's stock price to reach $33.00 in the next year. This suggests a possible upside of 53.1% from the stock's current price. View Analyst Price Targets for Blucora.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Blucora in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Blucora.

News articles about BCOR stock have trended neutral on Monday, according to InfoTrie. The research firm ranks the sentiment of media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Blucora earned a media sentiment score of 0.3 on InfoTrie's scale. They also gave media stories about the information services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for Blucora.

Blucora saw a decrease in short interest in the month of October. As of October 31st, there was short interest totalling 1,060,000 shares, a decrease of 8.6% from the September 30th total of 1,160,000 shares. Based on an average daily volume of 441,900 shares, the days-to-cover ratio is currently 2.4 days. Approximately 2.2% of the company's stock are short sold. View Blucora's Current Options Chain.

Some companies that are related to Blucora include Facebook (FB), Equinix (EQIX), eBay (EBAY), Twitter (TWTR), Verisign (VRSN), CoStar Group (CSGP), Akamai Technologies (AKAM), SEA (SE), J2 Global (JCOM), Cimpress (CMPR), ANGI Homeservices (ANGI), LogMeIn (LOGM), Cornerstone OnDemand (CSOD), Envestnet (ENV) and LivePerson (LPSN).

Based on aggregate information from My MarketBeat watchlists, some companies that other Blucora investors own include CA (CA), BlackRock (BLK), Chipotle Mexican Grill (CMG), Endologix (ELGX), Micron Technology (MU), Aegean Marine Petroleum Network (ANW), Netflix (NFLX), NVIDIA (NVDA), Viper Energy Partners (VNOM) and Caterpillar (CAT).

Blucora's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Hillcrest Asset Management LLC (0.77%), Scout Investments Inc. (0.42%), Hancock Whitney Corp (0.42%), Eagle Asset Management Inc. (0.37%), Rhumbline Advisers (0.30%) and New York State Teachers Retirement System (0.27%). Company insiders that own Blucora stock include Ann J Bruder, H Mcintyre Gardner, John David Palmer, John S Clendening, Lance G Dunn, Mary Slagle Zappone, Mathieu Frederic Stevenson, Michael P Hogan, Robert D Oros, Todd C Mackay and William L Atwell. View Institutional Ownership Trends for Blucora.

BCOR stock was sold by a variety of institutional investors in the last quarter, including First Trust Advisors LP, James Investment Research Inc., Eagle Asset Management Inc., Hancock Whitney Corp, Hillcrest Asset Management LLC, New York State Teachers Retirement System, Cadence Capital Management LLC and Municipal Employees Retirement System of Michigan. Company insiders that have sold Blucora company stock in the last year include Ann J Bruder, H Mcintyre Gardner, John David Palmer, John S Clendening, Mary Slagle Zappone, Todd C Mackay and William L Atwell. View Insider Buying and Selling for Blucora.

BCOR stock was acquired by a variety of institutional investors in the last quarter, including Tibra Equities Europe Ltd, Bowling Portfolio Management LLC, Assenagon Asset Management S.A., California Public Employees Retirement System, State of Alaska Department of Revenue, Lavaca Capital LLC, Carillon Tower Advisers Inc. and Rhumbline Advisers. View Insider Buying and Selling for Blucora.

Shares of BCOR can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of BCOR stock can currently be purchased for approximately $21.55.

Blucora has a market capitalization of $1.05 billion and generates $560.46 million in revenue each year. The information services provider earns $50.63 million in net income (profit) each year or $1.52 on an earnings per share basis. Blucora employs 529 workers across the globe.View Additional Information About Blucora.

The official website for Blucora is http://www.blucora.com/.

Blucora's mailing address is 6333 State Hwy 161 4th Floor, Irving TX, 75038. The information services provider can be reached via phone at 972-870-6400 or via email at [email protected]