Market Cap
US$1.1b
Last Updated
2020/01/24 23:42 UTC
Data Sources
Company Financials +
Executive Summary
Blucora, Inc. provides technology-enabled financial solutions to consumers, small business owners, and tax professionals in the United States.
Rewards
Risk Analysis
Snowflake Analysis
Reasonable growth potential and slightly overvalued.
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 has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-1.4%
BCOR
-1.9%
US Capital Markets
-1.3%
US Market
1 Year Return
-22.5%
BCOR
16.8%
US Capital Markets
22.0%
US Market
Return vs Industry: BCOR underperformed the US Capital Markets industry which returned 21.7% over the past year.
Return vs Market: BCOR underperformed the US Market which returned 24.7% over the past year.
Shareholder returns
| BCOR | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.4% | -1.9% | -1.3% |
| 30 Day | -11.0% | 2.0% | 1.8% |
| 90 Day | 6.0% | 11.3% | 9.3% |
| 1 Year | -22.5%-22.5% | 19.2%16.8% | 24.6%22.0% |
| 3 Year | 49.8%49.8% | 42.6%34.7% | 49.2%39.6% |
| 5 Year | 70.0%70.0% | 97.7%79.4% | 77.9%58.3% |
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
6 days ago | Simply Wall St
Is Blucora, Inc.'s (NASDAQ:BCOR) CEO Overpaid Relative To Its Peers?1 month ago | Simply Wall St
Does Blucora's (NASDAQ:BCOR) Share Price Gain of 69% Match Its Business Performance?2 months ago | Simply Wall St
Analysts Have Been Trimming Their Blucora, Inc. Price Target After Its Latest ReportValuation
Is Blucora undervalued compared to its fair value and its price relative to the market?
89.64x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: BCOR ($24.16) is trading above our estimate of fair value ($7.24)
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 (94.2x) compared to the Capital Markets industry average (36.1x).
PE vs Market: BCOR is poor value based on its PE Ratio (94.2x) compared to the US market (18.9x).
Price to Earnings Growth Ratio
PEG Ratio: BCOR is good value based on its PEG Ratio (0.9x)
Price to Book Ratio
PB vs Industry: BCOR is good value based on its PB Ratio (1.8x) compared to the US Capital Markets industry average (6.6x).
Next Steps
Future Growth
How is Blucora forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
103.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BCOR's forecast earnings growth (103.9% per year) is above the savings rate (1.7%).
Earnings vs Market: BCOR's earnings (103.9% per year) are forecast to grow faster than the US market (14.3% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: BCOR's revenue (13.8% per year) is forecast to grow faster than the US market (7.5% per year).
High Growth Revenue: BCOR's revenue (13.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if BCOR's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Blucora performed over the past 5 years?
55.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BCOR has a large one-off loss of $73.0M impacting its September 30 2019 financial results.
Growing Profit Margin: BCOR's current net profit margins (1.9%) are lower than last year (13.1%).
Past Earnings Growth Analysis
Earnings Trend: BCOR's earnings have grown significantly by 55.6% per year over the past 5 years.
Accelerating Growth: BCOR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BCOR had negative earnings growth (-83%) over the past year, making it difficult to compare to the Capital Markets industry average (20.6%).
Return on Equity
High ROE: BCOR's Return on Equity (2.4%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Blucora's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Inventory Level: BCOR has a low level of unsold assets or inventory.
Debt Coverage by Assets: BCOR's debt is not covered by short term assets (assets are 0.4x debt).
Financial Institutions Analysis
Asset Level: BCOR's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if BCOR has a sufficient allowance for bad loans.
Low Risk Liabilities: BCOR reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if BCOR has an acceptable proportion of non-loan assets held.
Low Risk Deposits: BCOR has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if BCOR has an appropriate level of bad loans.
Next Steps
Dividend
What is Blucora's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate BCOR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate BCOR's dividend yield against the top 25% of dividend payers, as the company has not reported any 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
What is the CEO of Blucora's salary, the management and board of directors tenure and is there insider trading?
1.3yrs
Average management tenure
CEO
Blucora has no CEO, or we have no data on them.
Management Age and Tenure
1.3yrs
Average Tenure
52.5yo
Average Age
Experienced Management: BCOR's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Age and Tenure
2.0yrs
Average Tenure
51.5yo
Average Age
Experienced Board: BCOR's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Chairman of the Board Chairman |
| Shares | 2,768 |
| Max Price | US$31.29 |
| Entity | Individual |
| Role | Member of the Board of Directors Independent Director |
| Shares | 6,432 |
| Max Price | US$31.52 |
| Entity | Individual |
| Shares | 2,500 |
| Max Price | US$32.05 |
| Entity | Individual |
| Shares | 1,304 |
| Max Price | US$31.64 |
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3%.
Management Team
Tran Taylor (53yo)
Chief Human Resources Officer
- Tenure: 1.3yrs
Enrique Vasquez (54yo)
President of Wealth Management
- Tenure: 0.6yrs
Bill Michalek
Vice President of Investor Relations
Ann Bruder (55yo)
Chief Legal Officer & Secretary
- Tenure: 2.6yrs
- Compensation: US$1.63m
Todd Mackay (44yo)
Chief Business Development & Operations Officer
- Tenure: 0.6yrs
- Compensation: US$1.30m
Davinder Athwal (52yo)
Chief Financial Officer
- Tenure: 1.9yrs
- Compensation: US$2.37m
Mike Hogan (57yo)
President of Tax-Smart Innovation
- Tenure: 1.3yrs
Stacy Murray (44yo)
VP of Accounting & Principal Accounting Officer
- Tenure: 0.6yrs
Amit Seshan
Executive Vice President of Business Operations
- Tenure: 0.6yrs
Curtis Campbell (47yo)
President of TaxAct
- Tenure: 1.3yrs
Board Members
John MacIlwaine (49yo)
Independent Director
- Tenure: 1.5yrs
- Compensation: US$286.55k
Georganne Proctor (63yo)
Chairman
- Tenure: 0.5yrs
- Compensation: US$194.98k
Steven Aldrich (48yo)
Independent Director
- Tenure: 2.6yrs
- Compensation: US$168.98k
Mary Zappone (54yo)
Independent Director
- Tenure: 4.8yrs
- Compensation: US$176.48k
Chris Walters (45yo)
Independent Director
- Tenure: 5.7yrs
- Compensation: US$176.93k
E. Hayles (57yo)
Independent Director
- Tenure: 1.5yrs
- Compensation: US$289.52k
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$1.138b
- Shares outstanding: 48.94m
- Website: https://www.blucora.com
Number of Employees
Location
- Blucora, Inc.
- 6333 State Highway 161
- 4th Floor
- Irving
- Texas
- 75038
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| BCOR | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | Dec 1998 |
| 3EV | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Dec 1998 |
Biography
Blucora, Inc. provides technology-enabled financial solutions to consumers, small business owners, and tax professionals in the United States. The company operates through two segments, Wealth Management and Tax Preparation. The Wealth Management segment offers an integrated platform of brokerage, investment advisory, and insurance services to financial advisors. The Tax Preparation segment provides digital do-it-yourself tax preparation solutions for consumers and small business owners through TaxAct.com; and ancillary services, including refund payment transfer, audit defense, stored value cards, retirement investment accounts, tax preparation support services, data archive services, and e-filing services. This segment also offers professional tax preparer software. The company was formerly known as InfoSpace, Inc. and changed its name to Blucora, Inc. in June 2012. Blucora, Inc. was founded in 1996 and is headquartered in Irving, Texas.Â
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/01/24 23:42 |
| End of Day Share Price | 2020/01/24 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
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.