BLUCORA INC Common Stock (BCOR) Receiving Somewhat Positive Press Coverage, Analysis Finds

Media headlines about BLUCORA INC Common Stock (NASDAQ:BCOR) have been trending somewhat positive recently, Accern reports. The research group scores the sentiment of press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. BLUCORA INC Common Stock earned a news impact score of 0.18 on Accern’s scale. Accern also gave headlines about the information services provider an impact score of 46.333017457894 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s rankings:

Get BLUCORA INC Common Stock alerts: $154.80 Million in Sales Expected for Blucora (BCOR) This Quarter (americanbankingnews.com) Blucora (BCOR) Expected to Post Earnings of $0.88 Per Share (americanbankingnews.com) Blucora (BCOR) Upgraded by BidaskClub to “Strong-Buy” (americanbankingnews.com) Zurich Insurance Group (ZURVY) and Blucora (BCOR) Critical Survey (americanbankingnews.com) Barrington Research Raises Blucora (BCOR) Price Target to $40.00 (americanbankingnews.com)

Several research analysts have recently weighed in on the company. William Blair assumed coverage on BLUCORA INC Common Stock in a report on Tuesday, March 20th. They set an “outperform” rating and a $16.23 target price on the stock. Benchmark restated a “buy” rating and set a $32.00 target price on shares of BLUCORA INC Common Stock in a report on Friday, February 16th. ValuEngine upgraded BLUCORA INC Common Stock from a “buy” rating to a “strong-buy” rating in a report on Monday, April 2nd. BidaskClub cut BLUCORA INC Common Stock from a “hold” rating to a “sell” rating in a report on Thursday, January 25th. Finally, Barrington Research restated a “buy” rating on shares of BLUCORA INC Common Stock in a report on Tuesday, April 3rd. One investment analyst has rated the stock with a hold rating, four have given a buy rating and two have assigned a strong buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $31.65.

BLUCORA INC Common Stock opened at $36.75 on Monday, according to Marketbeat Ratings. BLUCORA INC Common Stock has a one year low of $19.05 and a one year high of $37.00. The company has a market capitalization of $1.73 billion, a P/E ratio of 30.12, a price-to-earnings-growth ratio of 1.17 and a beta of -0.11. The company has a debt-to-equity ratio of 0.50, a quick ratio of 2.34 and a current ratio of 2.34.

BLUCORA INC Common Stock (NASDAQ:BCOR) last released its quarterly earnings data on Wednesday, May 9th. The information services provider reported $1.20 EPS for the quarter, beating analysts’ consensus estimates of $0.97 by $0.23. BLUCORA INC Common Stock had a return on equity of 13.11% and a net margin of 7.84%. The firm had revenue of $206.00 million for the quarter, compared to analysts’ expectations of $195.65 million. During the same period in the prior year, the firm posted $1.04 earnings per share. The firm’s quarterly revenue was up 12.9% on a year-over-year basis. analysts anticipate that BLUCORA INC Common Stock will post 1.57 EPS for the current year.

In related news, insider John S. Clendening sold 77,750 shares of the company’s stock in a transaction that occurred on Thursday, February 22nd. The stock was sold at an average price of $24.33, for a total value of $1,891,657.50. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider John David Palmer sold 6,604 shares of the company’s stock in a transaction that occurred on Friday, May 11th. The shares were sold at an average price of $33.00, for a total value of $217,932.00. Following the completion of the transaction, the insider now owns 11,698 shares in the company, valued at $386,034. The disclosure for this sale can be found here. Insiders sold 269,695 shares of company stock worth $6,897,211 over the last quarter. 2.91% of the stock is currently owned by insiders.

About BLUCORA INC Common Stock

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.