BCOV Stock Overview
Brightcove Inc. provides cloud-based services for video.
Price History & Performance
|Historical stock prices|
|Current Share Price||US$9.76|
|52 Week High||US$25.26|
|52 Week Low||US$9.20|
|1 Month Change||-17.71%|
|3 Month Change||-16.15%|
|1 Year Change||-36.71%|
|3 Year Change||35.93%|
|5 Year Change||23.54%|
|Change since IPO||-31.75%|
Recent News & Updates
Digging Into Brightcove After Insider Buying
The stock of small tech concern Brightcove has fallen precipitously so far in 2021. The large decline in the shares has triggered some significant purchases from a beneficial owner over the past two months. Is this a potential sign of better days ahead for Brigtcove's shareholders? Full investment analysis is provided in the paragraphs below.
|BCOV||US IT||US Market|
Return vs Industry: BCOV underperformed the US IT industry which returned 2.9% over the past year.
Return vs Market: BCOV underperformed the US Market which returned 21.3% over the past year.
|BCOV Average Weekly Movement||7.2%|
|IT Industry Average Movement||7.0%|
|Market Average Movement||5.9%|
|10% most volatile stocks in US Market||15.1%|
|10% least volatile stocks in US Market||2.2%|
Stable Share Price: BCOV is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: BCOV's weekly volatility (7%) has been stable over the past year.
About the Company
Brightcove Inc. provides cloud-based services for video. Its flagship product includes Video Cloud, an online video platform that enables its customers to publish and distribute video to Internet-connected devices. The company also offers Brightcove Live, a solution for live streaming; Brightcove Beacon, an application that enables companies to launch over-the-top video experiences on mobile, web, and smart and connected TVs; Brightcove Player, a video player technology with a cloud-based service for creating and managing video player experiences; and Zencoder, a cloud-based video encoding service.
Brightcove Fundamentals Summary
|BCOV fundamental statistics|
Is BCOV overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|BCOV income statement (TTM)|
|Cost of Revenue||US$74.45m|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.17|
|Net Profit Margin||3.30%|
How did BCOV perform over the long term?See historical performance and comparison
Is Brightcove undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BCOV ($9.76) is trading below our estimate of fair value ($86.51)
Significantly Below Fair Value: BCOV is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BCOV is poor value based on its PE Ratio (57.3x) compared to the US IT industry average (34.7x).
PE vs Market: BCOV is poor value based on its PE Ratio (57.3x) compared to the US market (17.2x).
Price to Earnings Growth Ratio
PEG Ratio: BCOV's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: BCOV is good value based on its PB Ratio (4.3x) compared to the US IT industry average (4.7x).
How is Brightcove forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BCOV's earnings are forecast to decline over the next 3 years (-143.5% per year).
Earnings vs Market: BCOV's earnings are forecast to decline over the next 3 years (-143.5% per year).
High Growth Earnings: BCOV's earnings are forecast to decline over the next 3 years.
Revenue vs Market: BCOV's revenue (3.3% per year) is forecast to grow slower than the US market (10.1% per year).
High Growth Revenue: BCOV's revenue (3.3% 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 BCOV's Return on Equity is forecast to be high in 3 years time
How has Brightcove performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BCOV has high quality earnings.
Growing Profit Margin: BCOV became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: BCOV has become profitable over the past 5 years, growing earnings by 18.9% per year.
Accelerating Growth: BCOV has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: BCOV has become profitable in the last year, making it difficult to compare its past year earnings growth to the IT industry (38.3%).
Return on Equity
High ROE: BCOV's Return on Equity (7.6%) is considered low.
How is Brightcove's financial position?
Financial Position Analysis
Short Term Liabilities: BCOV's short term assets ($93.8M) do not cover its short term liabilities ($96.0M).
Long Term Liabilities: BCOV's short term assets ($93.8M) exceed its long term liabilities ($5.3M).
Debt to Equity History and Analysis
Debt Level: BCOV is debt free.
Reducing Debt: BCOV has no debt compared to 5 years ago when its debt to equity ratio was 0.4%.
Debt Coverage: BCOV has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: BCOV has no debt, therefore coverage of interest payments is not a concern.
What is Brightcove current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate BCOV's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate BCOV's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if BCOV's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BCOV's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of BCOV's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jeff Ray (66 yo)
Mr. Jeff Ray has been Chief Executive Officer and Director of Brightcove Inc. since April 11, 2018. Mr. Ray served as the Chief Executive Officer and President at Ellucian Company L.P. from October 2014 to...
CEO Compensation Analysis
Compensation vs Market: Jeff's total compensation ($USD1.97M) is about average for companies of similar size in the US market ($USD1.70M).
Compensation vs Earnings: Jeff's compensation has been consistent with company performance over the past year.
Experienced Management: BCOV's management team is considered experienced (2.3 years average tenure).
Experienced Board: BCOV's board of directors are considered experienced (3.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: BCOV insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.2%.
Brightcove Inc.'s employee growth, exchange listings and data sources
- Name: Brightcove Inc.
- Ticker: BCOV
- Exchange: NasdaqGS
- Founded: 2004
- Industry: Internet Services and Infrastructure
- Sector: Software
- Market Cap: US$401.047m
- Shares outstanding: 41.09m
- Website: https://www.brightcove.com
Number of Employees
- Brightcove Inc.
- 290 Congress Street
- 4th Floor
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/11/26 23:03|
|End of Day Share Price||2021/11/26 00:00|
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.