StockNews.com cut shares of Brightcove (NASDAQ:BCOV – Free Report) from a strong-buy rating to a buy rating in a research report report published on Monday.
Brightcove Price Performance
Shares of NASDAQ BCOV opened at $2.15 on Monday. The firm has a market cap of $95.85 million, a price-to-earnings ratio of -9.77 and a beta of 0.74. The stock’s fifty day moving average price is $2.28 and its two-hundred day moving average price is $2.11. Brightcove has a one year low of $1.55 and a one year high of $4.09.
Brightcove (NASDAQ:BCOV – Get Free Report) last released its quarterly earnings results on Wednesday, May 8th. The software maker reported ($0.04) EPS for the quarter, beating the consensus estimate of ($0.06) by $0.02. Brightcove had a negative net margin of 4.74% and a negative return on equity of 7.87%. The business had revenue of $50.48 million for the quarter. On average, equities analysts anticipate that Brightcove will post -0.31 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Brightcove
About Brightcove
Brightcove Inc provides cloud-based streaming services the Americas, Europe, the Asia Pacific, Japan, India, and the Middle East. It offers Video Cloud, an online video streaming platform that enables its customers to publish, deliver, and distribute high-quality video to internet-connected devices. The company's solutions and products comprise Brightcove Marketing Studio, a video streaming solution; Brightcove Communications Studio for marketers and corporate communications professionals; Brightcove Media Studio, a solution for over-the-top (OTT) video services, media publishers, and leading broadcasters to monetize their media, live stream at scale, and nurture their audience lifecycle; Brightcove Audience Insights, a customer data platform for video streaming businesses; Zencoder, a cloud-based video encoding service; and Brightcove Beacon, a platform that enables its customers to launch premium OTT video streaming experiences, as well as Brightcove Marketplace.
Read More
- Five stocks we like better than Brightcove
- What Are Dividend Contenders? Investing in Dividend Contenders
- Owens-Corning Stock: Good Value or Recession Red Flag?
- What Does Downgrade Mean in Investing?
- Datadog Exceeds Q2 Expectations, Solidifies Market Leadership
- Why Are Stock Sectors Important to Successful Investing?
- Cybersecurity Stock Surges, Promising Double-Digit Gains
Receive News & Ratings for Brightcove Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brightcove and related companies with MarketBeat.com's FREE daily email newsletter.