In the latest session, BigCommerce Holdings Inc. (NASDAQ: BIGC) closed at $8.19 up 0.24% from its previous closing price of $8.17. In other words, the price has increased by $+0.02 from its previous closing price. On the day, 3062288 shares were traded. BIGC stock price reached its highest trading level at $8.32 during the session, while it also had its lowest trading level at $7.84.
For a deeper understanding of BigCommerce Holdings Inc.’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 5.70 and its Current Ratio is at 5.70. In the meantime, Its Debt-to-Equity ratio is 5.18 whereas as Long-Term Debt/Eq ratio is at 5.18.
Upgrades & Downgrades
On March 15, 2022, Berenberg started tracking the stock assigning a Hold rating and target price of $21.Berenberg initiated its Hold rating on March 15, 2022, with a $21 target price.
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Sep 12 when EGGERTON LISA sold 13,911 shares for $17.08 per share. The transaction valued at 237,615 led to the insider holds 103,447 shares of the business.
Alvarez Robert sold 9,110 shares of BIGC for $187,485 on Aug 15. The Chief Financial Officer now owns 189,354 shares after completing the transaction at $20.58 per share. On Aug 11, another insider, Richards Jeffrey Gordon, who serves as the Director of the company, sold 148,584 shares for $20.54 each. As a result, the insider received 3,052,032 and left with 66,428 shares of the company.
For the stock, the TTM Price-to-Sale (P/S) ratio is 2.36 while its Price-to-Book (P/B) ratio in mrq is 9.28.
Stock Price History:
Over the past 52 weeks, BIGC has reached a high of $52.35, while it has fallen to a 52-week low of $8.00. The 50-Day Moving Average of the stock is 13.42, while the 200-Day Moving Average is calculated to be 18.06.
For the past three months, BIGC has traded an average of 1.06M shares per day and 2.08M over the past ten days. A total of 73.68M shares are outstanding, with a floating share count of 69.20M. Insiders hold about 2.20% of the company’s shares, while institutions hold 73.20% stake in the company. Shares short for BIGC as of Oct 13, 2022 were 5.36M with a Short Ratio of 5.73M, compared to 4.97M on Sep 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 7.30% and a Short% of Float of 8.06%.
There are 14 different market analysts currently analyzing its stock. On average, analysts expect EPS of -$0.21 for the current quarter, with a high estimate of -$0.19 and a low estimate of -$0.23, while EPS last year was -$0.06. The consensus estimate for the next quarter is -$0.13, with high estimates of -$0.12 and low estimates of -$0.15.
Analysts are recommending an EPS of between -$0.69 and -$0.75 for the fiscal current year, implying an average EPS of -$0.72. EPS for the following year is -$0.49, with 12 analysts recommending between -$0.39 and -$0.62.
A total of 13 analysts believe the company’s revenue will be $69.61M this quarter.It ranges from a high estimate of $70.25M to a low estimate of $68.3M. As of the current estimate, BigCommerce Holdings Inc.’s year-ago sales were $59.28M, an estimated increase of 17.40% from the year-ago figure. For the next quarter, 13 analysts are estimating revenue of $76.2M, an increase of 17.40% over than the figure of $17.40% in the same quarter last year. There is a high estimate of $78M for the next quarter, whereas the lowest estimate is $75.2M.
A total of 15 analysts have provided revenue estimates for BIGC’s current fiscal year. The highest revenue estimate was $282M, while the lowest revenue estimate was $278.5M, resulting in an average revenue estimate of $279.95M. In the same quarter a year ago, actual revenue was $219.85M, up 27.30% from the average estimate. Based on 15 analysts’ estimates, the company’s revenue will be $334.11M in the next fiscal year. The high estimate is $351.98M and the low estimate is $281M. The average revenue growth estimate for next year is up 19.30% from the average revenue estimate for this year.