Is Brightcove Stock a Good Investment?
Brightcove Investment Advice | BCOV |
- Examine Brightcove's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Brightcove's leadership team and their track record. Good management can help Brightcove navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Internet Services & Infrastructure space and any emerging trends that could impact Brightcove's business and its evolving consumer preferences.
- Compare Brightcove's performance and market position to its competitors. Analyze how Brightcove is positioned in terms of product offerings, innovation, and market share.
- Check if Brightcove pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Brightcove's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Brightcove stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Brightcove is a good investment.
Sell | Buy |
Buy
Market Performance | Solid | Details | |
Volatility | Unstable | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Actively responds to the market | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Brightcove Stock
Researching Brightcove's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 83.0% of the company shares are held by institutions such as insurance companies. The book value of Brightcove was currently reported as 2.12. The company recorded a loss per share of 0.21. Brightcove had not issued any dividends in recent years.
To determine if Brightcove is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Brightcove's research are outlined below:
| Brightcove is way too risky over 90 days horizon | |
| Brightcove appears to be risky and price may revert if volatility continues | |
| Brightcove 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. Note, when we think about Brightcove's use of debt, we should always consider it together with its 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 123.29 M. | |
| Over 83.0% of Brightcove shares are held by institutions such as insurance companies | |
| Latest headline from news.google.com: Game-Changing AI Video Suite Cuts Production Time from Hours to Minutes - StockTitan |
Brightcove uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Brightcove. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Brightcove's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 22nd of February 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 22nd of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Brightcove's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Brightcove's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2023-02-23 | 2022-12-31 | -0.01 | -0.02 | -0.01 | 100 | ||
2020-02-19 | 2019-12-31 | 0.05 | 0.06 | 0.01 | 20 | ||
2018-07-26 | 2018-06-30 | -0.06 | -0.07 | -0.01 | 16 | ||
2016-04-28 | 2016-03-31 | 0.01 | 0.02 | 0.01 | 100 | ||
2024-08-07 | 2024-06-30 | -0.04 | -0.02 | 0.02 | 50 | ||
2024-02-22 | 2023-12-31 | 0.02 | 0.04 | 0.02 | 100 | ||
2022-11-02 | 2022-09-30 | 0.03 | 0.05 | 0.02 | 66 | ||
2019-10-23 | 2019-09-30 | 0.04 | 0.06 | 0.02 | 50 |
Know Brightcove's Top 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 originate 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 | Amh Equity Ltd | 2024-09-30 | 500 K | Geode Capital Management, Llc | 2024-09-30 | 488.3 K | D. E. Shaw & Co Lp | 2024-09-30 | 440.3 K | Herald Investment Management Ltd | 2024-09-30 | 425 K | Dimensional Fund Advisors, Inc. | 2024-09-30 | 379.6 K | Two Sigma Investments Llc | 2024-09-30 | 346 K | Arrowstreet Capital Limited Partnership | 2024-09-30 | 340.4 K | Two Sigma Advisers, Llc | 2024-09-30 | 274.8 K | P.a.w. Capital Corp | 2024-09-30 | 250 K | Edenbrook Capital Llc | 2024-09-30 | 6.7 M | Lynrock Lake Lp | 2024-09-30 | 4.4 M |
Brightcove's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 200.14 M.Market Cap |
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Brightcove's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.15) | (0.16) | |
| Return On Capital Employed | (0.17) | (0.18) | |
| Return On Assets | (0.10) | (0.10) | |
| Return On Equity | (0.22) | (0.23) |
Determining Brightcove's profitability involves analyzing its financial statements and using various financial metrics to determine if Brightcove is a good buy. For example, gross profit margin measures Brightcove's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Brightcove's profitability and make more informed investment decisions.
Brightcove's Earnings Breakdown by Geography
Please note, the imprecision that can be found in Brightcove's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Brightcove. Check Brightcove's Beneish M Score to see the likelihood of Brightcove's management manipulating its earnings.
Evaluate Brightcove's management efficiency
Brightcove has return on total asset (ROA) of (0.033) % which means that it has lost $0.033 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.0974) %, meaning that it created substantial loss on money invested by shareholders. Brightcove's management efficiency ratios could be used to measure how well Brightcove manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to -0.16 in 2025. Return On Capital Employed is likely to drop to -0.18 in 2025. At this time, Brightcove's Other Assets are fairly stable compared to the past year. Non Current Assets Total is likely to climb to about 175.9 M in 2025, whereas Total Current Assets are likely to drop slightly above 65.6 M in 2025.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 1.96 | 1.08 | |
| Tangible Book Value Per Share | 0.26 | 0.28 | |
| Enterprise Value Over EBITDA | (20.05) | (21.05) | |
| Price Book Value Ratio | 1.37 | 1.30 | |
| Enterprise Value Multiple | (20.05) | (21.05) | |
| Price Fair Value | 1.37 | 1.30 | |
| Enterprise Value | 243.3 M | 277.9 M |
The management team at Brightcove has a track record of steering the company towards sustained growth. Evaluating their strategies helps in understanding the stock's long-term potential.
Beta 0.744 |
Basic technical analysis of Brightcove Stock
As of the 30th of January, Brightcove shows the Risk Adjusted Performance of 0.2092, coefficient of variation of 417.74, and Mean Deviation of 2.33. Brightcove technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Brightcove downside deviation, jensen alpha, as well as the relationship between the Jensen Alpha and downside variance to decide if Brightcove is priced correctly, providing market reflects its regular price of 4.43 per share. Given that Brightcove has treynor ratio of 0.6984, we suggest you to validate Brightcove's prevailing market performance to make sure the company can sustain itself at a future point.Brightcove's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Brightcove insiders, such as employees or executives, is commonly permitted as long as it does not rely on Brightcove's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Brightcove insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Brightcove's Outstanding Corporate Bonds
Brightcove issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Brightcove uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Brightcove bonds can be classified according to their maturity, which is the date when Brightcove has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| BHF 175 13 JAN 25 Corp BondUS10921U2H03 | View | |
| BHF 155 24 MAY 26 Corp BondUS10921U2C16 | View | |
| BRIGHTHOUSE FINL INC Corp BondUS10922NAF06 | View | |
| US10922NAG88 Corp BondUS10922NAG88 | View | |
| BHF 385 22 DEC 51 Corp BondUS10922NAH61 | View | |
| BRIGHTHOUSE FINL INC Corp BondUS10922NAC74 | View | |
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| BNP Paribas FRN Corp BondUSF1R15XK367 | View |
Understand Brightcove's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Brightcove's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.2092 | |||
| Market Risk Adjusted Performance | 0.7084 | |||
| Mean Deviation | 2.33 | |||
| Downside Deviation | 1.66 | |||
| Coefficient Of Variation | 417.74 | |||
| Standard Deviation | 5.23 | |||
| Variance | 27.36 | |||
| Information Ratio | 0.2232 | |||
| Jensen Alpha | 1.11 | |||
| Total Risk Alpha | 0.7752 | |||
| Sortino Ratio | 0.7015 | |||
| Treynor Ratio | 0.6984 | |||
| Maximum Drawdown | 36.11 | |||
| Value At Risk | (1.32) | |||
| Potential Upside | 6.67 | |||
| Downside Variance | 2.77 | |||
| Semi Variance | (0.17) | |||
| Expected Short fall | (2.99) | |||
| Skewness | 5.08 | |||
| Kurtosis | 30.07 |
| Risk Adjusted Performance | 0.2092 | |||
| Market Risk Adjusted Performance | 0.7084 | |||
| Mean Deviation | 2.33 | |||
| Downside Deviation | 1.66 | |||
| Coefficient Of Variation | 417.74 | |||
| Standard Deviation | 5.23 | |||
| Variance | 27.36 | |||
| Information Ratio | 0.2232 | |||
| Jensen Alpha | 1.11 | |||
| Total Risk Alpha | 0.7752 | |||
| Sortino Ratio | 0.7015 | |||
| Treynor Ratio | 0.6984 | |||
| Maximum Drawdown | 36.11 | |||
| Value At Risk | (1.32) | |||
| Potential Upside | 6.67 | |||
| Downside Variance | 2.77 | |||
| Semi Variance | (0.17) | |||
| Expected Short fall | (2.99) | |||
| Skewness | 5.08 | |||
| Kurtosis | 30.07 |
Consider Brightcove's intraday indicators
Brightcove intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Brightcove stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Accumulation Distribution | 296.7 | |||
| Daily Balance Of Power | (1.00) | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 4.44 | |||
| Day Typical Price | 4.43 | |||
| Price Action Indicator | (0.01) | |||
| Period Momentum Indicator | (0.01) |
Brightcove Corporate Filings
| 22nd of January 2025 Other Reports | ViewVerify | |
8K | 10th of January 2025 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
| 31st of December 2024 Other Reports | ViewVerify | |
F4 | 20th of December 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
Brightcove Stock media impact
Far too much social signal, news, headlines, and media speculation about Brightcove that are available to investors today. That information is available publicly through Brightcove media outlets and privately through word of mouth or via Brightcove internal channels. However, regardless of the origin, that massive amount of Brightcove data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Brightcove news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Brightcove relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Brightcove's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Brightcove alpha.
Brightcove Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Brightcove can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Brightcove Corporate Management
| Teresa Tang | Head VP | Profile | |
| Jennifer Smith | Chief Officer | Profile | |
| Jeff Ray | Advisor Officer | Profile | |
| Marc DeBevoise | CEO Director | Profile | |
| David Beck | Chief Officer | Profile |
Additional 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.