Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
After finishing at $6.69 in the prior trading day, BigCommerce Holdings Inc (NASDAQ: BIGC) closed at $6.24, down -6.73%. In other words, the price has decreased by -$6.73 from its previous closing price. On the day, 2.6 million shares were traded.
Ratios:
Our goal is to gain a better understanding of BIGC by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.72 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 21.71. For the most recent quarter (mrq), Quick Ratio is recorded 2.71 and its Current Ratio is at 2.75. In the meantime, Its Debt-to-Equity ratio is 7.47 whereas as Long-Term Debt/Eq ratio is at 6.54.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Barclays on January 10, 2025, Downgraded its rating to Underweight and sets its target price to $7 from $8 previously.
On March 25, 2024, BofA Securities Downgraded its rating to Underperform which previously was Neutral and also lowered its target price recommendation from $11 to $7.50.
Goldman Downgraded its Buy to Neutral on February 05, 2024, whereas the target price for the stock was revised from $11.50 to $9.50.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 13 ’24 when Richards Jeffrey Gordon sold 76,571 shares for $5.61 per share. The transaction valued at 429,533 led to the insider holds 7,192 shares of the business.
Richards Jeffrey Gordon sold 53,718 shares of BIGC for $293,461 on Aug 14 ’24. The Director now owns 5,291 shares after completing the transaction at $5.46 per share. On Aug 14 ’24, another insider, GGV CAP V ENTREPRENEURS FD LP, who serves as the Director of the company, bought 1,901 shares for $5.46 each.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 1.47 while its Price-to-Book (P/B) ratio in mrq is 14.69.
Stock Price History:
Over the past 52 weeks, BIGC has reached a high of $8.93, while it has fallen to a 52-week low of $5.12. The 50-Day Moving Average of the stock is -4.55%, while the 200-Day Moving Average is calculated to be -6.71%.
Shares Statistics:
A total of 78.57M shares are outstanding, with a floating share count of 62.87M. Insiders hold about 19.79% of the company’s shares, while institutions hold 70.82% stake in the company.
