Somewhat Positive Press Coverage Somewhat Unlikely to Impact Brightcove (BCOV) Share Price
News coverage about Brightcove (NASDAQ:BCOV) has trended somewhat positive on Monday, Accern reports. The research firm rates the sentiment of news coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Brightcove earned a coverage optimism score of 0.20 on Accern’s scale. Accern also gave news headlines about the software maker an impact score of 46.100290838041 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the headlines that may have effected Accern Sentiment’s scoring:
- HubSpot's Motion AI Buyout Reflects Customer-Centric Approach (finance.yahoo.com)
- Brightcove : The Publisher Desk Leverages Brightcove to Monetize Customers’ Video Content (4-traders.com)
- Brightcove Hires Veteran Media Executive for European Sales Operations (financial-news.co.uk)
BCOV has been the subject of several recent research reports. ValuEngine lowered shares of Brightcove from a “hold” rating to a “sell” rating in a research note on Friday, June 2nd. Northland Securities set a $7.00 target price on shares of Brightcove and gave the company a “hold” rating in a research note on Friday, July 21st. B. Riley reissued a “neutral” rating and set a $5.50 target price on shares of Brightcove in a research note on Thursday, July 27th. Finally, Zacks Investment Research lowered shares of Brightcove from a “hold” rating to a “sell” rating in a research note on Tuesday, August 1st. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $7.67.
Shares of Brightcove (BCOV) opened at 7.25 on Monday. Brightcove has a 1-year low of $5.40 and a 1-year high of $13.80. The company’s 50-day moving average is $6.91 and its 200 day moving average is $7.11. The firm’s market capitalization is $249.00 million.
Brightcove (NASDAQ:BCOV) last issued its quarterly earnings results on Wednesday, July 26th. The software maker reported ($0.16) EPS for the quarter, missing the consensus estimate of ($0.14) by ($0.02). Brightcove had a negative return on equity of 19.65% and a negative net margin of 12.22%. The business had revenue of $38.75 million for the quarter, compared to analyst estimates of $37.13 million. During the same quarter in the prior year, the firm earned ($0.01) EPS. The firm’s quarterly revenue was up 5.4% compared to the same quarter last year. On average, analysts expect that Brightcove will post ($0.37) EPS for the current fiscal year.
Brightcove Inc is a global provider of cloud-based services for video. The Company’s products and services include Brightcove Video Cloud (Video Cloud), Brightcove Zencoder (Zencoder), Brightcove Once (Once), Brightcove Perform (Perform), Brightcove Video Marketing Suite (Video Marketing Suite), Brightcove Lift (Lift), Brightcove OTT Flow (OTT Flow) and Brightcove Enterprise Video Suite (Enterprise Video Suite), among others.
Receive News & Ratings for Brightcove Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brightcove Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.