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
Industry Nondepository credit institutions
Sub-IndustryInternet Software & Services
SectorBusiness Services
SymbolNASDAQ:BCOR
CUSIP09522910
Phone972-870-6000
Debt
Debt-to-Equity Ratio0.50
Current Ratio2.34
Quick Ratio2.34
Price-To-Earnings
Trailing P/E Ratio31.89
Forward P/E Ratio25.03
P/E Growth1.25
Sales & Book Value
Annual Sales$509.56 million
Price / Sales3.62
Cash Flow$2.1370 per share
Price / Cash18.39
Book Value$11.74 per share
Price / Book3.35
Profitability
EPS (Most Recent Fiscal Year)$1.22
Net Income$27.03 million
Net Margins7.84%
Return on Equity13.11%
Return on Assets7.13%
Miscellaneous
Employees487
Outstanding Shares46,980,000
BLUCORA INC Common Stock (NASDAQ:BCOR) Frequently Asked Questions
What is BLUCORA INC Common Stock's stock symbol?
BLUCORA INC Common Stock trades on the NASDAQ under the ticker symbol "BCOR."
How were BLUCORA INC Common Stock's earnings last quarter?
BLUCORA INC Common Stock (NASDAQ:BCOR) released its quarterly earnings results on Wednesday, May, 9th. The information services provider reported $1.20 EPS for the quarter, beating the consensus estimate of $0.97 by $0.23. The information services provider earned $206 million during the quarter, compared to the consensus estimate of $195.65 million. BLUCORA INC Common Stock had a net margin of 7.84% and a return on equity of 13.11%. BLUCORA INC Common Stock's revenue for the quarter was up 12.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.04 EPS. View BLUCORA INC Common Stock's Earnings History.
When is BLUCORA INC Common Stock's next earnings date?
What guidance has BLUCORA INC Common Stock issued on next quarter's earnings?
BLUCORA INC Common Stock issued an update on its FY18 earnings guidance on Wednesday, May, 9th. The company provided earnings per share guidance of $1.76-1.93 for the period, compared to the Thomson Reuters consensus estimate of $1.66. The company issued revenue guidance of $545.8-559.8 million, compared to the consensus revenue estimate of $544.40 million.BLUCORA INC Common Stock also updated its Q2 guidance to $0.82-0.88 EPS.
What price target have analysts set for BCOR?
5 brokerages have issued 1-year price objectives for BLUCORA INC Common Stock's shares. Their forecasts range from $16.23 to $47.00. On average, they expect BLUCORA INC Common Stock's stock price to reach $36.3075 in the next twelve months. View Analyst Ratings for BLUCORA INC Common Stock.
What are Wall Street analysts saying about BLUCORA INC Common Stock stock?
Here are some recent quotes from research analysts about BLUCORA INC Common Stock 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. " (5/22/2018)
- 2. Barrington Research analysts commented, "We are reiterating our OUTPERFORM investment rating and raising our price target to $40 (from $30), which assumes a 19x multiple on our raised 2019 estimate for adjusted EPS and suggests nearly 20% upside from current levels." (5/15/2018)
- 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)
Are investors shorting BLUCORA INC Common Stock?
BLUCORA INC Common Stock saw a decline in short interest in May. As of May 31st, there was short interest totalling 1,127,395 shares, a decline of 31.0% from the May 15th total of 1,633,738 shares. Based on an average daily trading volume, of 482,297 shares, the days-to-cover ratio is currently 2.3 days. Currently, 2.5% of the company's stock are short sold. View BLUCORA INC Common Stock's Current Options Chain.
Who are some of BLUCORA INC Common Stock's key competitors?
Some companies that are related to BLUCORA INC Common Stock include SBI (SBHGF), Green Dot (GDOT), Qudian (QD), Blackhawk Network (HAWK), LexinFintech (LX), Walker & Dunlop (WD), Wins Finance (WINS), Yirendai (YRD), Curo Group (CURO), OnDeck Capital (ONDK), Everi (EVRI), Hexindai (HX), America First Multifamily Investors (ATAX), Elevate Credit (ELVT) and WMIH (WMIH).
Who are BLUCORA INC Common Stock's key executives?
BLUCORA INC Common Stock'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. Eric M. Emans, Consultant (Age 44)
Has BLUCORA INC Common Stock been receiving favorable news coverage?
Headlines about BCOR stock have trended somewhat positive on Thursday, Accern reports. The research group scores the sentiment of press coverage by analyzing more than 20 million blog and news sources. 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 INC Common Stock earned a media sentiment score of 0.15 on Accern's scale. They also assigned media headlines about the information services provider an impact score of 44.68 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near term.
Who are BLUCORA INC Common Stock's major shareholders?
BLUCORA INC Common Stock's stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (12.73%), Park West Asset Management LLC (2.28%), Harvest Capital Strategies LLC (1.70%), Allianz Asset Management GmbH (1.70%), Allianz Asset Management GmbH (1.70%) and Prudential Financial Inc. (1.48%). Company insiders that own BLUCORA INC Common Stock stock include Andrew Miles Snyder, Christopher William Walters, Eric Michael Emans, Joann Kintzel, John David Palmer, John S Clendening, Mark A Finkelstein and Mathieu Frederic Stevenson. View Institutional Ownership Trends for BLUCORA INC Common Stock.
Which institutional investors are selling BLUCORA INC Common Stock stock?
BCOR stock was sold by a variety of institutional investors in the last quarter, including Park West Asset Management LLC, Smith Asset Management Group LP, Prudential Financial Inc., UBS Group AG, JPMorgan Chase & Co., BNP Paribas Arbitrage SA, Mckinley Capital Management LLC Delaware and Schwab Charles Investment Management Inc.. Company insiders that have sold BLUCORA INC Common Stock company stock in the last year include John David Palmer, John S Clendening and Mathieu Frederic Stevenson. View Insider Buying and Selling for BLUCORA INC Common Stock.
Which institutional investors are buying BLUCORA INC Common Stock stock?
BCOR stock was acquired by a variety of institutional investors in the last quarter, including Harvest Capital Strategies LLC, BlackRock Inc., Asset Management One Co. Ltd., Timpani Capital Management LLC, Allianz Asset Management GmbH, Allianz Asset Management GmbH, Mackay Shields LLC and Global X Management Co. LLC. View Insider Buying and Selling for BLUCORA INC Common Stock.
How do I buy shares of BLUCORA INC Common Stock?
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 INC Common Stock's stock price today?
One share of BCOR stock can currently be purchased for approximately $39.30.
How big of a company is BLUCORA INC Common Stock?
BLUCORA INC Common Stock has a market capitalization of $1.85 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 INC Common Stock employs 487 workers across the globe.
How can I contact BLUCORA INC Common Stock?
BLUCORA INC Common Stock's mailing address is 6333 State Hwy 161 6th 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 INC Common Stock (BCOR)
MarketBeat's community ratings are surveys of what our community members think about BLUCORA INC Common Stock 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.
