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 Ratio24.31
Forward P/E Ratio18.30
P/E Growth1.06
Sales & Book Value
Annual Sales$509.56 million
Price / Sales2.81
Cash Flow$2.0977 per share
Price / Cash14.22
Book Value$13.00 per share
Price / Book2.29
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$1.46 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 data on Wednesday, October, 31st. The information services provider reported ($0.09) EPS for the quarter, topping analysts' consensus estimates of ($0.19) by $0.10. The information services provider had revenue of $95.40 million for 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%. The firm's quarterly revenue was up 5.8% on a year-over-year basis. During the same period last year, the business posted ($0.12) earnings per share. View Blucora's Earnings History.
When is Blucora's next earnings date?
What guidance has Blucora issued on next quarter's earnings?
Blucora updated its FY18 earnings guidance on Wednesday, October, 31st. The company provided earnings per share guidance of $1.83-$1.91 for the period, compared to the Thomson Reuters consensus earnings per share 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 brokerages have issued 12 month target prices for Blucora's stock. Their predictions range from $16.23 to $47.00. On average, they expect Blucora's share price to reach $38.0460 in the next year. This suggests a possible upside of 27.5% 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 coverage about BCOR stock has been trending negative this week, according to InfoTrie Sentiment. The research firm scores the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Blucora earned a news sentiment score of -2.0 on InfoTrie's scale. They also gave news articles about the information services provider a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the next several days.
Are investors shorting Blucora?
Blucora saw a drop in short interest in the month of October. As of October 15th, there was short interest totalling 816,065 shares, a drop of 40.0% from the September 28th total of 1,360,080 shares. Based on an average daily trading volume, of 467,698 shares, the days-to-cover ratio is currently 1.7 days. Currently, 1.8% of the shares of the company 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 Green Dot (GDOT), LexinFintech (LX), Walker & Dunlop (WD), Qudian (QD), Yirendai (YRD), Wins Finance (WINS), Curo Group (CURO), On Deck Capital (ONDK), Everi (EVRI), America First Multifamily Investors (ATAX), Hexindai (HX), WMIH (COOP), Easterly Acquisition (EACQ), Elevate Credit (ELVT) and Medallion Financial (MFIN).
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 shareholders include BlackRock Inc. (14.10%), First Trust Advisors LP (5.81%), Prudential Financial Inc. (1.21%), FMR LLC (1.00%), JPMorgan Chase & Co. (0.98%) and Wells Fargo & Company MN (0.70%). 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 ClariVest Asset Management LLC, Prudential Financial Inc., Russell Investments Group Ltd., JPMorgan Chase & Co., Wells Fargo & Company MN, Gamco Investors INC. ET AL, Cadence Capital Management LLC and Comerica Bank. 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, BlackRock Inc., SG Americas Securities LLC, Eagle Asset Management Inc., G&S Capital LLC, MML Investors Services LLC and O Shaughnessy Asset Management LLC. 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 $29.83.
How big of a company is Blucora?
Blucora has a market capitalization of $1.46 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.
