NasdaqGS:BCOR

Stock Analysis Report

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Market Cap

US$846.8m

Last Updated

2021/06/19 14:53 UTC

Data Sources

Company Financials +

Executive Summary

Blucora, Inc. provides technology-enabled financial solutions to consumers, small business owners, tax professionals, financial advisors, and certified public accounting firms in the United States. More Details


Snowflake Analysis

Reasonable growth potential with questionable track record.


Similar Companies

Share Price & News

How has Blucora's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: BCOR is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: BCOR's weekly volatility (6%) has been stable over the past year.


Market Performance


7 Day Return

2.9%

BCOR

0.2%

US Capital Markets

-0.2%

US Market


1 Year Return

49.7%

BCOR

52.7%

US Capital Markets

39.4%

US Market

Return vs Industry: BCOR underperformed the US Capital Markets industry which returned 52.7% over the past year.

Return vs Market: BCOR exceeded the US Market which returned 39.4% over the past year.


Shareholder returns

BCORIndustryMarket
7 Day2.9%0.2%-0.2%
30 Day7.6%2.8%3.1%
90 Day1.6%9.3%5.6%
1 Year49.7%49.7%56.0%52.7%41.7%39.4%
3 Year-54.3%-54.3%64.7%52.8%59.7%49.9%
5 Year74.7%74.7%168.9%136.6%122.6%97.6%

Long-Term Price Volatility Vs. Market

How volatile is Blucora's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Blucora undervalued compared to its fair value and its price relative to the market?

2184.61x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: BCOR ($17.49) is trading above our estimate of fair value ($11.12)

Significantly Below Fair Value: BCOR is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: BCOR is poor value based on its PE Ratio (2184.6x) compared to the US Capital Markets industry average (15.2x).

PE vs Market: BCOR is poor value based on its PE Ratio (2184.6x) compared to the US market (19.4x).


Price to Earnings Growth Ratio

PEG Ratio: BCOR is poor value based on its PEG Ratio (20.2x)


Price to Book Ratio

PB vs Industry: BCOR is good value based on its PB Ratio (2.5x) compared to the US Capital Markets industry average (66.4x).


Future Growth

How is Blucora forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

108.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BCOR's forecast earnings growth (108.4% per year) is above the savings rate (2%).

Earnings vs Market: BCOR's earnings (108.4% per year) are forecast to grow faster than the US market (15.7% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: BCOR's revenue (8.6% per year) is forecast to grow slower than the US market (9.4% per year).

High Growth Revenue: BCOR's revenue (8.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: BCOR's Return on Equity is forecast to be high in 3 years time (22.3%)


Past Performance

How has Blucora performed over the past 5 years?

-55.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BCOR has a large one-off loss of $36.5M impacting its March 31 2021 financial results.

Growing Profit Margin: BCOR became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: BCOR has become profitable over the past 5 years, growing earnings by -55.2% per year.

Accelerating Growth: BCOR has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: BCOR has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (47.5%).


Return on Equity

High ROE: BCOR's Return on Equity (0.1%) is considered low.


Financial Health

How is Blucora's financial position?


Financial Position Analysis

Short Term Liabilities: BCOR's short term assets ($256.6M) exceed its short term liabilities ($123.9M).

Long Term Liabilities: BCOR's short term assets ($256.6M) do not cover its long term liabilities ($650.6M).


Debt to Equity History and Analysis

Debt Level: BCOR's debt to equity ratio (160.9%) is considered high.

Reducing Debt: BCOR's debt to equity ratio has increased from 96.9% to 160.9% over the past 5 years.

Debt Coverage: BCOR's debt is not well covered by operating cash flow (9.2%).

Interest Coverage: BCOR's interest payments on its debt are not well covered by EBIT (1.4x coverage).


Balance Sheet


Dividend

What is Blucora current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate BCOR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate BCOR's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if BCOR's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if BCOR's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of BCOR's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.2yrs

Average management tenure


CEO

Chris Walters (46 yo)

1.42yrs

Tenure

US$8,018,388

Compensation

Mr. Christopher W. Walters, also known as Chris, serves as President and Chief Executive Officer at Blucora, Inc. since January 30, 2020. Mr. Walters serves as the Chief Executive Officer at Encompass Digi...


CEO Compensation Analysis

Compensation vs Market: Chris's total compensation ($USD8.02M) is above average for companies of similar size in the US market ($USD2.38M).

Compensation vs Earnings: Chris's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: BCOR's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.


Board Members

Experienced Board: BCOR's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Blucora, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Blucora, Inc.
  • Ticker: BCOR
  • Exchange: NasdaqGS
  • Founded: 1996
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: US$846.800m
  • Shares outstanding: 48.42m
  • Website: https://www.blucora.com

Number of Employees


Location

  • Blucora, Inc.
  • 3200 Olympus Boulevard
  • Suite 100
  • Dallas
  • Texas
  • 75019
  • United States

Listings


Biography

Blucora, Inc. provides technology-enabled financial solutions to consumers, small business owners, tax professionals, financial advisors, and certified public accounting firms in the United States. The com...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/06/19 14:53
End of Day Share Price2021/06/18 00:00
Earnings2021/03/31
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.