Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Blucora (BCOR) Share Price
Media stories about Blucora (NASDAQ:BCOR) have trended somewhat positive on Wednesday, Accern reports. The research firm identifies negative and positive press coverage by reviewing more than 20 million news and blog sources in real time. 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 earned a news sentiment score of 0.24 on Accern’s scale. Accern also assigned press coverage about the information services provider an impact score of 46.8619018680267 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Shares of Blucora (NASDAQ:BCOR) traded down $0.05 during mid-day trading on Wednesday, hitting $24.70. The stock had a trading volume of 279,642 shares, compared to its average volume of 383,241. Blucora has a one year low of $15.83 and a one year high of $26.15. The firm has a market cap of $1,167.76, a PE ratio of 42.59, a PEG ratio of 0.81 and a beta of -0.10. The company has a current ratio of 1.92, a quick ratio of 1.92 and a debt-to-equity ratio of 0.62.
Blucora (NASDAQ:BCOR) last issued its quarterly earnings results on Thursday, February 15th. The information services provider reported ($0.12) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.25) by $0.13. Blucora had a return on equity of 11.22% and a net margin of 5.31%. The company had revenue of $97.85 million for the quarter, compared to analysts’ expectations of $91.99 million. During the same period last year, the firm earned ($0.18) EPS. The firm’s revenue for the quarter was up 12.7% on a year-over-year basis. sell-side analysts predict that Blucora will post 1.54 EPS for the current year.
In related news, insider John S. Clendening sold 77,750 shares of Blucora stock in a transaction 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 sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CMO Mathieu Frederic Stevenson sold 33,572 shares of Blucora stock in a transaction on Tuesday, February 20th. The stock was sold at an average price of $24.03, for a total value of $806,735.16. Following the completion of the transaction, the chief marketing officer now owns 58,882 shares in the company, valued at $1,414,934.46. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 175,272 shares of company stock worth $4,273,842. 14.10% of the stock is owned by insiders.
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Blucora Company Profile
Blucora, Inc is a provider of technology-enabled financial solutions to consumers, small business owners and tax professionals. The Company operates through the Wealth Management and Tax Preparation segments. The Company’s Wealth Management segment consists of HD Vest, which provides financial advisors with an integrated platform of brokerage, investment advisory and insurance services to assist in making each financial advisor a financial service center for his/her clients The Company’s Tax Preparation segment provides digital do-it-yourself (DDIY) tax preparation solutions for consumers, small business owners and tax professionals.
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