Brightcove Stock Buy Hold or Sell Recommendation
| BCOV Stock | USD 1.65 0.03 1.79% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Brightcove is 'Sell'. Macroaxis provides Brightcove buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding BCOV positions. The advice algorithm takes into account all of Brightcove's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Brightcove's buy or sell advice are summarized below:
Real Value 1.56 | Target Price 7 | Hype Value 1.68 | Market Value 1.65 | Naive Value 1.62 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Brightcove given historical horizon and risk tolerance towards Brightcove. When Macroaxis issues a 'buy' or 'sell' recommendation for Brightcove, the advice is generated through an automated system that utilizes algorithms and statistical models.
Brightcove |
Execute Brightcove Buy or Sell Advice
The Brightcove recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Brightcove. Macroaxis does not own or have any residual interests in Brightcove or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Brightcove's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Sell
Market Performance | Very Weak | Details | |
Volatility | Dangerous | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Very regressive towards the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Buy | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Brightcove Trading Alerts and Improvement Suggestions
| Brightcove generated a negative expected return over the last 90 days | |
| Brightcove may become a speculative penny stock | |
| Brightcove has high historical volatility and very poor performance | |
| The company currently holds 21.84 M in liabilities with Debt to Equity (D/E) ratio of 0.23, which may suggest the company is not taking enough advantage from borrowing. Brightcove has a current ratio of 0.78, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Brightcove until it has trouble settling it off, either with new capital or with free cash flow. So, Brightcove's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Brightcove sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Brightcove to invest in growth at high rates of return. When we think about Brightcove's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 201.19 M. Net Loss for the year was (22.89 M) with profit before overhead, payroll, taxes, and interest of 133.94 M. | |
| Over 80.0% of Brightcove shares are held by institutions such as insurance companies | |
| Latest headline from benzinga.com: IZEA Worldwide And 2 Other Stocks Under 3 Insiders Are Buying |
Brightcove Returns Distribution Density
The distribution of Brightcove's historical returns is an attempt to chart the uncertainty of Brightcove's future price movements. The chart of the probability distribution of Brightcove daily returns describes the distribution of returns around its average expected value. We use Brightcove price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Brightcove returns is essential to provide solid investment advice for Brightcove.
| Mean Return | -0.57 | Value At Risk | -5.63 | Potential Upside | 4.85 | Standard Deviation | 3.60 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Brightcove historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Brightcove Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Brightcove is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Brightcove backward and forwards among themselves. Brightcove's institutional investor refers to the entity that pools money to purchase Brightcove's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Two Sigma Investments Llc | 2023-12-31 | 487.1 K | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 431.2 K | Herald Investment Management Ltd | 2023-12-31 | 425 K | Goldman Sachs Group Inc | 2023-12-31 | 422.9 K | D. E. Shaw & Co Lp | 2023-09-30 | 386.1 K | Millennium Management Llc | 2023-12-31 | 385.7 K | Northern Trust Corp | 2023-12-31 | 375.8 K | Federated Hermes Inc | 2023-12-31 | 355.9 K | Palogic Value Management Lp | 2023-12-31 | 344.3 K | Edenbrook Capital Llc | 2023-12-31 | 6.3 M | Trigran Investments Inc | 2023-12-31 | 4.5 M |
Brightcove Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 7.2M | (3.3M) | (5.4M) | (5.1M) | (4.6M) | (4.3M) | |
| Change In Cash | (6.5M) | 14.7M | 8.3M | (13.8M) | (13.3M) | (12.6M) | |
| Free Cash Flow | (4.6M) | 12.6M | 8.7M | 869K | (11.1M) | (10.6M) | |
| Depreciation | 8.4M | 8.7M | 8.3M | 10.7M | 16.5M | 17.4M | |
| Other Non Cash Items | 1.1M | 648K | 159K | 118K | 162K | 316.1K | |
| Capital Expenditures | 7.3M | 8.7M | 10.8M | 24.6M | 15.7M | 8.0M | |
| Net Income | (21.9M) | (5.8M) | 5.4M | (9.0M) | (22.9M) | (24.0M) | |
| End Period Cash Flow | 22.8M | 37.5M | 45.7M | 31.9M | 18.6M | 30.4M | |
| Investments | (12.6M) | (8.7M) | (10.8M) | (37.8M) | (19.1M) | (18.2M) | |
| Change Receivables | (5.5M) | 1.4M | (846K) | 4.2M | 4.9M | 5.1M | |
| Change To Netincome | 10.4M | 9.4M | 10.1M | 13.7M | 15.7M | 8.7M |
Brightcove Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Brightcove or IT Services sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Brightcove's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Brightcove stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.74 | |
β | Beta against NYSE Composite | 1.82 | |
σ | Overall volatility | 3.65 | |
Ir | Information ratio | -0.18 |
Brightcove Volatility Alert
Brightcove exhibits very low volatility with skewness of -0.58 and kurtosis of 4.33. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Brightcove's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Brightcove's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Brightcove Fundamentals Vs Peers
Comparing Brightcove's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Brightcove's direct or indirect competition across all of the common fundamentals between Brightcove and the related equities. This way, we can detect undervalued stocks with similar characteristics as Brightcove or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Brightcove's fundamental indicators could also be used in its relative valuation, which is a method of valuing Brightcove by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Brightcove to competition |
| Fundamentals | Brightcove | Peer Average |
| Return On Equity | -0.23 | -0.31 |
| Return On Asset | -0.0522 | -0.14 |
| Profit Margin | (0.11) % | (1.27) % |
| Operating Margin | 0.01 % | (5.51) % |
| Current Valuation | 77.09 M | 16.62 B |
| Shares Outstanding | 44.41 M | 571.82 M |
| Shares Owned By Insiders | 4.60 % | 10.09 % |
| Shares Owned By Institutions | 79.54 % | 39.21 % |
| Number Of Shares Shorted | 1.55 M | 4.71 M |
| Price To Earning | 31.83 X | 28.72 X |
| Price To Book | 0.81 X | 9.51 X |
| Price To Sales | 0.38 X | 11.42 X |
| Revenue | 201.19 M | 9.43 B |
| Gross Profit | 133.94 M | 27.38 B |
| EBITDA | (4.85 M) | 3.9 B |
| Net Income | (22.89 M) | 570.98 M |
| Cash And Equivalents | 27.8 M | 2.7 B |
| Cash Per Share | 0.66 X | 5.01 X |
| Total Debt | 21.84 M | 5.32 B |
| Debt To Equity | 0.23 % | 48.70 % |
| Current Ratio | 0.80 X | 2.16 X |
| Book Value Per Share | 2.15 X | 1.93 K |
| Cash Flow From Operations | 4.5 M | 971.22 M |
| Short Ratio | 5.77 X | 4.00 X |
| Earnings Per Share | (0.53) X | 3.12 X |
| Price To Earnings To Growth | (1.27) X | 4.89 X |
| Target Price | 4.0 | |
| Number Of Employees | 671 | 18.84 K |
| Beta | 0.65 | -0.15 |
| Market Capitalization | 74.6 M | 19.03 B |
| Total Asset | 216.11 M | 29.47 B |
| Retained Earnings | (232.94 M) | 9.33 B |
| Working Capital | (34.23 M) | 1.48 B |
Note: Acquisition by Edenbrook Capital, Llc of 3824 shares of Brightcove at 1.7756 subject to Rule 16b-3 [view details]
Brightcove Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Brightcove . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Brightcove Buy or Sell Advice
When is the right time to buy or sell Brightcove? Buying financial instruments such as Brightcove Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Other Assets | 6.7M | 7.0M | 6.3M | 6.8M | Cash | 45.7M | 31.9M | 18.6M | 29.1M |
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Check out Brightcove Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more information on how to buy Brightcove Stock please use our How to Invest in Brightcove guide.You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Complementary Tools for Brightcove Stock analysis
When running Brightcove's price analysis, check to measure Brightcove's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Brightcove is operating at the current time. Most of Brightcove's value examination focuses on studying past and present price action to predict the probability of Brightcove's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brightcove's price. Additionally, you may evaluate how the addition of Brightcove to your portfolios can decrease your overall portfolio volatility.
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Is Brightcove's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Brightcove. If investors know Brightcove will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Brightcove listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.79) | Earnings Share (0.53) | Revenue Per Share 4.665 | Quarterly Revenue Growth 0.019 | Return On Assets (0.05) |
The market value of Brightcove is measured differently than its book value, which is the value of Brightcove that is recorded on the company's balance sheet. Investors also form their own opinion of Brightcove's value that differs from its market value or its book value, called intrinsic value, which is Brightcove's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Brightcove's market value can be influenced by many factors that don't directly affect Brightcove's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Brightcove's value and its price as these two are different measures arrived at by different means. Investors typically determine if Brightcove is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Brightcove's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.