Blucora, Inc. provides technology-enabled financial solutions to consumers, small business owners, and tax professionals in the United States. The company operates through two segments, Wealth Management and Tax Preparation. The Wealth Management segment offers an integrated platform of brokerage, investment advisory, and insurance services to financial advisors. The Tax Preparation segment provides digital do-it-yourself tax preparation solutions for consumers and small business owners through TaxAct.com; and ancillary services, including refund payment transfer, audit defense, stored value cards, retirement investment accounts, tax preparation support services, data archive services, and e-filing services. This segment also offers professional tax preparer software. The company was formerly known as InfoSpace, Inc. and changed its name to Blucora, Inc. in June 2012. Blucora, Inc. was founded in 1996 and is headquartered in Irving, Texas.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Nondepository credit institutions
Sub-IndustryInternet Software & Services
SectorBusiness Services
Current SymbolNASDAQ:BCOR
Previous SymbolNASDAQ:INSP
CUSIP09522910
Phone972-870-6000
Debt
Debt-to-Equity Ratio0.42
Current Ratio2.95
Quick Ratio2.95
Price-To-Earnings
Trailing P/E Ratio24.36
Forward P/E Ratio18.23
P/E Growth1.02
Sales & Book Value
Annual Sales$509.56 million
Price / Sales2.80
Cash Flow$2.1693 per share
Price / Cash Flow13.70
Book Value$11.74 per share
Price / Book2.53
Profitability
EPS (Most Recent Fiscal Year)$1.22
Net Income$27.03 million
Net Margins13.71%
Return on Equity14.56%
Return on Assets8.69%
Miscellaneous
Employees487
Outstanding Shares47,970,000
Market Cap$1.41 billion
OptionableOptionable
Blucora (NASDAQ:BCOR) Frequently Asked Questions
What is Blucora's stock symbol?
Blucora trades on the NASDAQ under the ticker symbol "BCOR."
How were Blucora's earnings last quarter?
Blucora Inc (NASDAQ:BCOR) issued its quarterly earnings results on Wednesday, October, 31st. The information services provider reported ($0.09) earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of ($0.19) by $0.10. The information services provider earned $95.40 million during the quarter, compared to analyst estimates of $94.36 million. Blucora had a net margin of 13.71% and a return on equity of 14.56%. Blucora's quarterly revenue was up 5.8% compared to the same quarter last year. During the same quarter last year, the business posted ($0.12) EPS. View Blucora's Earnings History.
When is Blucora's next earnings date?
What guidance has Blucora issued on next quarter's earnings?
Blucora issued an update on its FY18 earnings guidance on Wednesday, October, 31st. The company provided earnings per share (EPS) guidance of $1.83-$1.91 for the period, compared to the Thomson Reuters consensus estimate of $1.87. The company issued revenue guidance of $559.0-$562.5 million, compared to the consensus revenue estimate of $559.71 million.Blucora also updated its FY 2018 guidance to $1.83-1.91 EPS.
What price target have analysts set for BCOR?
6 Wall Street analysts have issued twelve-month price targets for Blucora's stock. Their forecasts range from $16.23 to $47.00. On average, they anticipate Blucora's stock price to reach $38.0460 in the next twelve months. This suggests a possible upside of 28.0% from the stock's current price. View Analyst Price Targets for Blucora.
What is the consensus analysts' recommendation for Blucora?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Blucora in the last year. There are currently 1 hold rating and 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Blucora.
What are Wall Street analysts saying about Blucora stock?
Here are some recent quotes from research analysts about Blucora stock:
- 1. According to Zacks Investment Research, "Blucora, Inc. provides technology-enabled financial solutions to consumers, small businesses and tax professionals. The company's products and services consist of tax preparation and wealth management, through TaxAct and HD Vest. TaxAct provides digital tax preparation solution for individuals, business owners and tax professionals. HD Vest Financial Services (R) supports an independent network of tax professionals who provide comprehensive financial planning solutions. Blucora, Inc. is based in IRVING, Texas. " (11/6/2018)
- 2. Barrington Research analysts commented, "Wealth Management segment revenues are expected to be in a range of $89.5-92.5 million and segment income is expected to be in a range of $10.0-11.5 million (11.2-12.4% margins). Unallocated corporate expenses are expected in a range of $5.0- 5.5 million." (10/22/2018)
- 3. Benchmark Co. analysts commented, "Wealth Management also logged a strong quarter, with a record $625 million net AUA inflow, leading to results ahead of consensus and the high-end of guidance as well. It’s hard to say anything other than CEO John Clendening has rapidly righted the ship since joining the with further upside evident via what appears to be a sustainable paid unit growth strategy while maintaining a healthy pricing advantage in Tax, and early signs of organic Wealth Management efficiency gains excluding what could be material benefits from the clearing house switch expected in 3Q/4Q18." (5/10/2018)
Has Blucora been receiving favorable news coverage?
Media stories about BCOR stock have been trending very positive this week, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Blucora earned a daily sentiment score of 3.9 on InfoTrie's scale. They also assigned news articles about the information services provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the near future.
Are investors shorting Blucora?
Blucora saw a increase in short interest in the month of November. As of November 15th, there was short interest totalling 1,285,273 shares, an increase of 36.7% from the October 31st total of 940,020 shares. Based on an average daily trading volume, of 369,927 shares, the days-to-cover ratio is currently 3.5 days. Currently, 2.8% of the company's stock are short sold. View Blucora's Current Options Chain.
Who are some of Blucora's key competitors?
Some companies that are related to Blucora include SBI (SBHGF), Green Dot (GDOT), Qudian (QD), Walker & Dunlop (WD), LexinFintech (LX), WMIH (COOP), X Financial (XYF), Yirendai (YRD), Weidai (WEI), Curo Group (CURO), On Deck Capital (ONDK), Wins Finance (WINS), Everi (EVRI), CNFinance (CNF) and America First Multifamily Investors (ATAX).
Who are Blucora's key executives?
Blucora's management team includes the folowing people:
- Mr. John S. Clendening, Pres, CEO & Director (Age 55)
- Mr. John Palmer, Principal Accounting Officer
- Ms. Ann J. Bruder, Chief Legal Officer & Sec. (Age 54)
- Mr. Robert David Oros, Chief Exec. Officer of HD Vest Financial Services (Age 52)
- Mr. Davinder S. Athwal, CFO & Treasurer (Age 51)
Who are Blucora's major shareholders?
Blucora's stock is owned by a variety of of retail and institutional investors. Top institutional investors include BlackRock Inc. (14.10%), Vanguard Group Inc. (9.98%), Dimensional Fund Advisors LP (7.18%), First Trust Advisors LP (5.81%), Renaissance Technologies LLC (5.73%) and Glenmede Trust Co. NA (2.46%). Company insiders that own Blucora stock include Andrew Miles Snyder, Christopher William Walters, Eric Michael Emans, H Mcintyre Gardner, John David Palmer, John S Clendening, Lance G Dunn, Mark A Finkelstein, Mathieu Frederic Stevenson, Michael P Hogan and Robert D Oros. View Institutional Ownership Trends for Blucora.
Which major investors are selling Blucora stock?
BCOR stock was sold by a variety of institutional investors in the last quarter, including Man Group plc, ClariVest Asset Management LLC, Prudential Financial Inc., Russell Investments Group Ltd., Nordea Investment Management AB, Royce & Associates LP, Bridgeway Capital Management Inc. and Marshall Wace North America L.P.. Company insiders that have sold Blucora company stock in the last year include H Mcintyre Gardner, John David Palmer, John S Clendening, Lance G Dunn, Mathieu Frederic Stevenson and Robert D Oros. View Insider Buying and Selling for Blucora.
Which major investors are buying Blucora stock?
BCOR stock was purchased by a variety of institutional investors in the last quarter, including FMR LLC, First Trust Advisors LP, Morgan Stanley, BlackRock Inc., Renaissance Technologies LLC, Fuller & Thaler Asset Management Inc., Mirae Asset Global Investments Co. Ltd. and Vanguard Group Inc.. View Insider Buying and Selling for Blucora.
How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.
What is Blucora's stock price today?
One share of BCOR stock can currently be purchased for approximately $29.72.
How big of a company is Blucora?
Blucora has a market capitalization of $1.41 billion and generates $509.56 million in revenue each year. The information services provider earns $27.03 million in net income (profit) each year or $1.22 on an earnings per share basis. Blucora employs 487 workers across the globe.
What is Blucora's official website?
How can I contact Blucora?
Blucora's mailing address is 6333 State Hwy 161 4th Floor, Irving TX, 75038. The information services provider can be reached via phone at 972-870-6000 or via email at [email protected]
MarketBeat Community Rating for Blucora (NASDAQ BCOR)
MarketBeat's community ratings are surveys of what our community members think about Blucora and other stocks. Vote "Outperform" if you believe BCOR will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BCOR will underperform the S&P 500 over the long term. You may vote once every thirty days.
