StockNews.com assumed protection on shares of Brightcove (NASDAQ:BCOV – Get Rating) in a report issued on Thursday. The brokerage set a “purchase” ranking on the software program maker’s inventory.Plenty of different brokerages have additionally not too long ago weighed in on BCOV. Lake Street Capital restated a “maintain” ranking and set a $9.00 value goal (down from $14.00) on shares of Brightcove in a analysis observe on Thursday, February seventeenth. Zacks Investment Research upgraded shares of Brightcove from a “promote” ranking to a “maintain” ranking in a analysis observe on Tuesday, March 1st. Three funding analysts have rated the inventory with a maintain ranking and two have issued a purchase ranking to the inventory. According to MarketBeat, Brightcove presently has a consensus ranking of “Hold” and a consensus value goal of $19.50.BCOV inventory opened at $7.91 on Thursday. The inventory has a market capitalization of $326.47 million, a price-to-earnings ratio of 60.85 and a beta of 0.76. Brightcove has a 1 yr low of $6.69 and a 1 yr excessive of $22.74. The inventory’s fifty day transferring common is $8.11 and its two-hundred day transferring common is $9.69. (Ad)Every yr, 130 million folks land within the emergency room, stories the CDC. But now… An rising new expertise is about to vary all of this.
According to a distinguished market analysis firm, this new expertise might probably keep away from 20 % of all emergency room visits.
Brightcove (NASDAQ:BCOV – Get Rating) final posted its earnings outcomes on Wednesday, February sixteenth. The software program maker reported $0.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.03) by $0.06. The firm had income of $52.60 million for the quarter, in comparison with analysts’ expectations of $51.55 million. Brightcove had a return on fairness of seven.40% and a web margin of two.56%. The agency’s quarterly income was down 2.0% in comparison with the identical quarter final yr. During the identical interval final yr, the enterprise posted $0.09 earnings per share. Analysts predict that Brightcove will put up -0.1 EPS for the present fiscal yr. In different information, Director Thomas E. Wheeler purchased 6,200 shares of the inventory in a transaction that occurred on Thursday, February seventeenth. The shares have been bought at a mean value of $7.90 per share, with a complete worth of $48,980.00. The transaction was disclosed in a authorized submitting with the Securities & Exchange Commission, which could be accessed via the SEC web site. Also, Director Ritcha Ranjan purchased 7,000 shares of the inventory in a transaction that occurred on Tuesday, March eighth. The shares have been bought at a mean value of $7.05 per share, for a complete transaction of $49,350.00. The disclosure for this buy could be discovered right here. 3.70% of the inventory is owned by insiders. Plenty of institutional buyers and hedge funds have not too long ago modified their holdings of the inventory. Trigran Investments Inc. elevated its stake in Brightcove by 18.1% within the third quarter. Trigran Investments Inc. now owns 4,844,074 shares of the software program maker’s inventory value $55,900,000 after buying a further 743,359 shares within the final quarter. BlackRock Inc. elevated its stake in Brightcove by 4.4% within the 4th quarter. BlackRock Inc. now owns 2,783,572 shares of the software program maker’s inventory value $28,448,000 after buying a further 117,277 shares within the final quarter. Lynrock Lake LP bought a brand new place in Brightcove within the 4th quarter value about $7,947,000. King Luther Capital Management Corp elevated its stake in Brightcove by 10.2% within the 4th quarter. King Luther Capital Management Corp now owns 707,210 shares of the software program maker’s inventory value $7,228,000 after buying a further 65,645 shares within the final quarter. Finally, Geode Capital Management LLC elevated its stake in Brightcove by 1.2% within the 4th quarter. Geode Capital Management LLC now owns 701,511 shares of the software program maker’s inventory value $7,169,000 after buying a further 8,361 shares within the final quarter. 83.33% of the inventory is presently owned by hedge funds and different institutional buyers. About Brightcove (Get Rating)Brightcove, Inc engages within the provision of video cloud options. The agency allows its prospects to publish and distribute video to Internet-connected units. Its merchandise embrace Video Cloud, Video Marketing Suite, Enterprise Video Suite, Brightcove Campaign, Player, Live, Dynamic Server-Side Ad Insertion (SSAI), OTT Experiences, and Zencoder.See AlsoThis immediate information alert was generated by narrative science expertise and monetary information from MarketBeat with the intention to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial group previous to publication. Please ship any questions or feedback about this story to contact[email protected]Should you make investments $1,000 in Brightcove proper now?Before you take into account Brightcove, you will need to hear this.MarketBeat retains observe of Wall Street’s top-rated and greatest performing analysis analysts and the shares they suggest to their shoppers each day. MarketBeat has recognized the 5 shares that prime analysts are quietly whispering to their shoppers to purchase now earlier than the broader market catches on… and Brightcove wasn’t on the checklist.While Brightcove presently has a “Hold” ranking amongst analysts, top-rated analysts imagine these 5 shares are higher buys.View The 5 Stocks Here
https://www.marketbeat.com/instant-alerts/nasdaq-bcov-a-buy-or-sell-right-now-2022-03-2-3/
