Blucora, Inc. (BCOR) Stock: Is This Tech Stock Worth Your Attention?

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Blucora, Inc. (BCOR) is working its way for to the top in the market today. The stock, focused in the technology sector, is presently priced at $33.69 after heading up 18.75% so far today. As it relates to technology companies, there are several factors that have the potential to generate movement in the market. One of the most common is news. Here are the most recent stories centered around BCOR:

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Mar-19-19 01:45PM Blucora, Inc. — Moody’s affirms Blucora’s B1 ratings
10:40AM Blucora Jumps on New $100 Million Share Repurchase Program, Acquisition
06:00AM Blucora to Acquire 1st Global
05:58AM Blucora Announces $100 Million Share Repurchase Authorization
Mar-15-19 04:31PM Need more time on your taxes? Heres how to file for an extension

Nonetheless, when making a decision with regard to investing, prospective investors should take a look at far more than news, especially in the ever changing tech industry. Here’s what’s happening in regard to Blucora, Inc..

Recent Movement From BCOR

While a move toward the top in a single session, like what we’re seeing from Blucora, Inc. may lead to excitement in some investors, a single session gain alone should not be the reason for a decision to, or not to, invest in a stock. It is always important to take a look at trends just a single session. As it relates to BCOR, here are the trends that we have seen:

  • Past 5 Sessions – In the past five trading sessions, BCOR has seen a change in value amounting to 19.98%.
  • Monthly – The ROI from Blucora, Inc. in the past month works out to 22.82%.
  • Past 3 Months – Over the last 3 months, the stock has produced a return that works out to 23.32%
  • Bi-Annually – Throughout the previous 6 months, we have seen a change that equates to -6.68% from the stock.
  • This Year So Far – Since the the first trading session of this year BCOR has produced a return of 26.46%.
  • Full Year – Lastly, in the past year, we have seen movement of 36.95% from BCOR. In this period, the stock has traded at a high of -18.52% and a low price of 46.80%.

Ratios That Are Notable

Digging into a few ratios associated with a company generally gives traders an understanding of just how dangerous and/or potentially profitable a pick may be. Here are some of the most important ratios to consider when looking at BCOR.

Short Ratio – The short ratio is a measure of short interest. As the short ratio goes higher, it means that more investors believe that the value of the stock is headed for declines. Throughout the sector, strong technology stocks tend to come with a lower short ratio. On the other hand, we also see a lot of short squeezes in the sector. Nonetheless, as it relates to Blucora, Inc., the stock’s short ratio comes to 4.68.

Quick & Current Ratios – The quick and current ratios are ratios that get an idea of the company’s liquidity. Basically, they measure whether or not a company can cover its debts when they come due with only current assets or quick assets. Because in tech, several companies are reliant on the continuation of investor support as they work to bring new technologies to market, the current and quick ratios can be bad. However, some gems in the tech space do have good quick and current ratios. When it comes to BCOR, the quick and current ratios come to 2.70 and 2.70 respectively.  

Book To Share Value – The book to share value ratio compares the current book value of assets owned by the company to the share price. In this case, the book to share value ratio comes in at 12.82.

Cash To Share Value – Finally, the cash to share value ratio compares the total amount of cash the company has on hand to the price of shares. In the case of BCOR, the cash to share value works out to 0.

Moves From Big Money Players

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in BCOR, here’s what we’re seeing:

Institutions own 0 of the company. Institutional interest has moved by 1.58% over the past three months. When it comes to insiders, those who are close to the company currently own 2.10% percent of BCOR shares. Institutions have seen ownership changes of an accumulative -9.50% over the last three months.

What Analysts Think About Blucora, Inc.

Although it’s not a smart idea to blindly follow the thoughts of analysts, it is a smart idea to use their thoughts when validating your own opinions before making an investment decision in the tech space. Here are the recent moves that we have seen from analysts with regard to BCOR.

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Sep-28-18 Upgrade JP Morgan Neutral → Overweight
Jul-12-18 Initiated JP Morgan Neutral $42
Jun-08-18 Downgrade Sidoti Buy → Neutral
May-15-18 Reiterated Barrington Research Outperform $30 → $40
Mar-20-18 Initiated William Blair Outperform

Financial Results And Expectations

At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $2.35. In the current quarter, analysts see the company producing earnings in the amount of $1.25. Over the last 5 years, BCOR has generated revenue in the amount of $-0.50% with earnings coming in at 12.80%. On a quarter over quarter basis, earnings have seen movement of -43.80% and revenue has seen movement of 3.60%.

How Many Shares Of BCOR Are Available?

Traders tend to have an interest in the counts of shares both outstanding and available. As far as Blucora, Inc., there are currently 47.54M with a float of 47.31M. This means that of the total of 47.54M shares of BCOR that are out there today, 47.31M are available to be traded on the public market.

I also like to look at the short percent. Think about it, when a high percentage of the float available for trading is sold short, the overall opinion among traders is that the equity is going to lose value. As far as BCOR, the percentage of the float that is shorted is 2.75%. Most traders believe that a concerning short percent of the float is any percentage over 40%. Through my work, I have calculated that a short ratio over 26% is usually a play that comes with hefty risk.

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