NasdaqGS:BCOR

Stock Analysis Report

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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

Overvalued with worrying balance sheet.


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 +/- 8% a week.

Volatility Over Time: BCOR's weekly volatility (8%) has been stable over the past year.


Market Performance


7 Day Return

5.1%

BCOR

-0.7%

US Capital Markets

1.4%

US Market


1 Year Return

-26.4%

BCOR

16.0%

US Capital Markets

22.6%

US Market

Return vs Industry: BCOR underperformed the US Capital Markets industry which returned 16.2% over the past year.

Return vs Market: BCOR underperformed the US Market which returned 22.8% over the past year.


Shareholder returns

BCORIndustryMarket
7 Day5.1%-0.7%1.4%
30 Day19.4%7.3%4.9%
90 Day54.3%21.7%14.6%
1 Year-26.4%-26.4%18.9%16.0%25.4%22.6%
3 Year-28.6%-28.6%30.2%20.2%46.8%37.0%
5 Year102.7%102.7%149.4%118.3%132.0%106.1%

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?

2.29x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: BCOR ($17.13) is trading above our estimate of fair value ($9.89)

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


Price To Earnings Ratio

PE vs Industry: BCOR is unprofitable, so we can't compare its PE Ratio to the US Capital Markets industry average.

PE vs Market: BCOR is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate BCOR's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: BCOR is good value based on its PB Ratio (2.3x) compared to the US Capital Markets industry average (5.1x).


Next Steps

Future Growth

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

143.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BCOR is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: BCOR is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: BCOR is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: BCOR's revenue (6.5% per year) is forecast to grow slower than the US market (10.5% per year).

High Growth Revenue: BCOR's revenue (6.5% 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?

-47.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BCOR is currently unprofitable.

Growing Profit Margin: BCOR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: BCOR is unprofitable, and losses have increased over the past 5 years at a rate of 47.8% per year.

Accelerating Growth: Unable to compare BCOR's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: BCOR is unprofitable, making it difficult to compare its past year earnings growth to the Capital Markets industry (4.9%).


Return on Equity

High ROE: BCOR has a negative Return on Equity (-76.49%), as it is currently unprofitable.


Next Steps

Financial Health

How is Blucora's financial position?


Financial Position Analysis

Short Term Liabilities: BCOR's short term assets ($201.5M) exceed its short term liabilities ($73.8M).

Long Term Liabilities: BCOR's short term assets ($201.5M) do not cover its long term liabilities ($630.8M).


Debt to Equity History and Analysis

Debt Level: BCOR's debt to equity ratio (154.3%) is considered high.

Reducing Debt: BCOR's debt to equity ratio has increased from 42.2% to 154.3% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Insufficient data to determine if BCOR has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if BCOR has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

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?

0.8yrs

Average management tenure


CEO

Chris Walters (46 yo)

1

Tenure

US$186,071

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...


Leadership Team

NamePositionTenureCompensationOwnership
Christopher Walters
President1yrUS$186.07k0.086%
$ 708.4k
Ann Bruder
Chief Legal0.75yrUS$1.81m0.073%
$ 602.9k
Todd Mackay
President of Avantax Wealth Managementno dataUS$2.21m0.22%
$ 1.8m
Davinder Athwal
1yrUS$2.56m0.025%
$ 206.6k
Curtis Campbell
President of Software2.75yrsUS$1.89m0.035%
$ 288.5k
Marc Mehlman
Chief Financial Officer0.75yrno data0.0042%
$ 34.6k
Erin Gajdalo
Senior VP of Operational Performance0.75yrno datano data
Dilip Nagaraja
Chief Technology Officer0.75yrno datano data
Paul Lehman
Chief Information Officer0.75yrno datano data
Bill Michalek
Vice President of IR & Corporate Communicationsno datano datano data
Raj Doshi
Chief Growth & Marketing Officer0.75yrno datano data
Jody Diaz
Chief Human Resources Officer0.75yrno datano data

0.8yrs

Average Tenure

47yo

Average Age

Experienced Management: BCOR's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Christopher Walters
President1yrUS$186.07k0.086%
$ 708.4k
Mark Ernst
Independent Director0.83yrno data0.021%
$ 171.3k
John MacIlwaine
Independent Director2.5yrsUS$181.07k0.017%
$ 139.2k
Georganne Proctor
Independent Chairman1.5yrsUS$259.03k0.017%
$ 142.0k
Jana Schreuder
Independent Director0.83yrno datano data
Steven Aldrich
Independent Director3.58yrsUS$182.17k0.038%
$ 308.8k
E. Hayles
Independent Director2.5yrsUS$188.57k0.0086%
$ 71.2k
Mary Zappone
Independent Director5.83yrsUS$189.43k0.070%
$ 580.1k
Karthik Rao
Independent Director0.42yrno datano data

2.5yrs

Average Tenure

55yo

Average Age

Experienced Board: BCOR's board of directors are not considered experienced ( 2.5 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$822.989m
  • Shares outstanding: 48.04m
  • Website: https://www.blucora.com

Number of Employees


Location

  • Blucora, Inc.
  • 6333 State Highway 161
  • 4th Floor
  • Irving
  • Texas
  • 75038
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BCORNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDDec 1998
3EVDB (Deutsche Boerse AG)YesCommon StockDEEURDec 1998

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 Analysis2021/01/21 23:43
End of Day Share Price2021/01/21 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.