Brightcove Inc

Company Profile

Brightcove Inc had its IPO on 2012-02-17 under the ticker symbol BCOV.

The company operates in the Technology sector and Software-Application industry. Brightcove Inc has a staff strength of 736 employees.

Stock update

Shares of Brightcove Inc opened at $3.74 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $3.7 - $3.88, and closed at $3.8.

This is a +2.15% increase from the previous day's closing price.

A total volume of 76,241 shares were traded at the close of the day’s session.

In the last one week, shares of Brightcove Inc have increased by +0.53%.

Brightcove Inc's Key Ratios

Brightcove Inc has a market cap of $181.72 million, indicating a price to book ratio of 2.1745 and a price to sales ratio of 1.0478.

In the last 12-months Brightcove Inc’s revenue was $206.69 million with a gross profit of $133.94 million and an EBITDA of $-8736000. The EBITDA ratio measures Brightcove Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Brightcove Inc’s operating margin was -7.8% while its return on assets stood at -4.45% with a return of equity of -19.64%.

In Q1, Brightcove Inc’s quarterly earnings growth was a negative -78.5% while revenue growth was a negative 8.1%.

Brightcove Inc’s PE and PEG Ratio

Forward PE

35.5872

Trailing PE

0

PEG

-1.27

Its diluted EPS in the last 12-months stands at $-0.49 per share while it has a forward price to earnings multiple of 35.5872 and a PEG multiple of -1.27. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Brightcove Inc’s profitability.

Brightcove Inc stock is trading at a EV to sales ratio of 1.0187 and a EV to EBITDA ratio of 30.0438. Its price to sales ratio in the trailing 12-months stood at 1.0478.

Brightcove Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$225.45 million

Total Liabilities

$110.46 million

Operating Cash Flow

$-4882000.00

Capital Expenditure

$4.88 million

Dividend Payout Ratio

0%

Brightcove Inc ended 2024 with $225.45 million in total assets and $0 in total liabilities. Its intangible assets were valued at $225.45 million while shareholder equity stood at $94.29 million.

Brightcove Inc ended 2024 with $0 in deferred long-term liabilities, $110.46 million in other current liabilities, 43000.00 in common stock, $-221770000.00 in retained earnings and $74.86 million in goodwill. Its cash balance stood at $12.48 million and cash and short-term investments were $12.48 million. The company’s total short-term debt was $4,218,000 while long-term debt stood at $0.

Brightcove Inc’s total current assets stands at $74.40 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $40.62 million compared to accounts payable of $13.01 million and inventory worth $0.

In 2024, Brightcove Inc's operating cash flow was $-4882000.00 while its capital expenditure stood at $4.88 million.

Comparatively, Brightcove Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$3.8

52-Week High

$7.39

52-Week Low

$3.28

Analyst Target Price

$6.75

Brightcove Inc stock is currently trading at $3.8 per share. It touched a 52-week high of $7.39 and a 52-week low of $7.39. Analysts tracking the stock have a 12-month average target price of $6.75.

Its 50-day moving average was $3.96 and 200-day moving average was $4.66 The short ratio stood at 2.27 indicating a short percent outstanding of 0%.

Around 252.5% of the company’s stock are held by insiders while 8802.6% are held by institutions.