JP Morgan Downgrades Blucora to Neutral, Lowers Price Target to $22
JP Morgan analyst William Cuddy downgrades Blucora (NASDAQ:BCOR) from Overweight to Neutral and lowers the price target from $27 to $22.
Looking Into Blucora’s Return On Capital Employed
Benzinga Pro data, Blucora (NASDAQ:BCOR) reported Q3 sales of $174.17 million. Earnings fell to a loss of $20.28 million, resulting in a 148.72% decrease from last quarter.
Blucora Q3 Adj. EPS $(0.26) Beats $(0.37) Estimate, Sales $174.20M Beat $165.88M Estimate
Blucora (NASDAQ:BCOR) reported quarterly losses of $(0.26) per share which beat the analyst consensus estimate of $(0.37) by 29.73 percent. This is a 183.87 percent decrease over earnings of $0.31 per share from the same
Earnings Scheduled For November 4, 2021
Companies Reporting Before The Bell
• DISH Network (NASDAQ:DISH) is likely to report quarterly earnings at $0.91 per share on revenue of $4.45 billion.
Avantax Reports Purchase Of Warner Finance, No Terms Disclosed; BZ NOTE: Blucora’s Wealth Mgmt. Unit Includes Avantax Wealth Mgmt.
Avantax®, a leader in tax-focused financial planning, has acquired Pennsylvania-based Warner Finance, with approximately $258 million in total client assets as of Oct. 11, 2021. The transaction expands the presence
12 Financials Stocks Moving In Monday’s After-Market Session
Gainers
Fanhua (NASDAQ:FANH) stock rose 6.28% to $15.55 during Monday's after-market session. The company's market cap stands at $834.8 million.
Analyzing Blucora’s Unusual Options Activity
Blucora (NASDAQ:BCOR) shares experienced unusual options activity on Tuesday. The stock price moved up to $15.85 following the option alert.
Ancora Issues Letter to the Board Of Directors Of Blucora Regarding Need To Run A Credible Review Of Strategic Alternatives For TaxAct (Full Letter)
Ancora Issues Letter to the Board of Directors of Blucora Regarding the Need to Run a Credible Review of Strategic Alternatives for TaxAct
Ancora Holdings, Inc. (together with its affiliates, "Ancora" or
Blucora Stock Tanks After Cautious Q3 EPS Guidance Despite Q2 Earnings Beat
Blucora Inc (NASDAQ:BCOR) reported second-quarter FY21 revenue growth of 58% year-on-year to $254.3 million, beating the analyst consensus of $252 million.…