In the latest session, BigCommerce Holdings Inc (NASDAQ: BIGC) closed at $7.86 down -0.51% from its previous closing price of $7.90. In other words, the price has decreased by -$0.04 from its previous closing price. On the day, 820772 shares were traded. BIGC stock price reached its highest trading level at $7.99 during the session, while it also had its lowest trading level at $7.73.
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Ratios:
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 4.98 and its Current Ratio is at 4.72. In the meantime, Its Debt-to-Equity ratio is 13.72 whereas as Long-Term Debt/Eq ratio is at 13.60.
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, Goldman on February 05, 2024, Downgraded its rating to Neutral and sets its target price to $9.50 from $11.50 previously.
On September 22, 2023, UBS started tracking the stock assigning a Neutral rating and target price of $12.
On March 09, 2023, DA Davidson started tracking the stock assigning a Neutral rating and target price of $11.DA Davidson initiated its Neutral rating on March 09, 2023, with a $11 target price.
Insider Transactions:
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 Nov 16 when Richards Jeffrey Gordon sold 132,563 shares for $8.75 per share. The transaction valued at 1,159,900 led to the insider holds 15,480 shares of the business.
Richards Jeffrey Gordon sold 72,300 shares of BIGC for $676,453 on Nov 15. The Director now owns 20,172 shares after completing the transaction at $9.36 per share. On Nov 14, another insider, Richards Jeffrey Gordon, who serves as the Director of the company, sold 82,953 shares for $9.11 each. As a result, the insider received 756,000 and left with 22,732 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BIGC now has a Market Capitalization of 600.58M and an Enterprise Value of 680.76M. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.93 while its Price-to-Book (P/B) ratio in mrq is 23.52. Its current Enterprise Value per Revenue stands at 2.20 whereas that against EBITDA is -13.81.
Stock Price History:
Over the past 52 weeks, BIGC has reached a high of $12.75, while it has fallen to a 52-week low of $6.81. The 50-Day Moving Average of the stock is 8.70, while the 200-Day Moving Average is calculated to be 9.36.
Shares Statistics:
For the past three months, BIGC has traded an average of 610.05K shares per day and 939k over the past ten days. A total of 76.41M shares are outstanding, with a floating share count of 65.38M. Insiders hold about 14.07% of the company’s shares, while institutions hold 78.00% stake in the company. Shares short for BIGC as of Jan 31, 2024 were 4.09M with a Short Ratio of 6.71, compared to 4.44M on Dec 29, 2023. Therefore, it implies a Short% of Shares Outstanding of 5.38% and a Short% of Float of 5.82%.
Earnings Estimates
There are 14 different market analysts currently analyzing its stock. On average, analysts expect EPS of $0.04 for the current quarter, with a high estimate of $0.06 and a low estimate of $0.01, while EPS last year was -$0.07. The consensus estimate for the next quarter is $0.04, with high estimates of $0.06 and low estimates of $0.01.
Analysts are recommending an EPS of between $0.31 and $0.1 for the fiscal current year, implying an average EPS of $0.21. EPS for the following year is $0.29, with 12 analysts recommending between $0.39 and $0.19.
Revenue Estimates
A total of 15 analysts believe the company’s revenue will be $77.31M this quarter.It ranges from a high estimate of $78.03M to a low estimate of $77M. As of the current estimate, BigCommerce Holdings Inc’s year-ago sales were $71.76M, an estimated increase of 7.70% from the year-ago figure. For the next quarter, 15 analysts are estimating revenue of $80.71M, an increase of 10.00% over than the figure of $7.70% in the same quarter last year. There is a high estimate of $82.04M for the next quarter, whereas the lowest estimate is $79.66M.
A total of 16 analysts have provided revenue estimates for BIGC’s current fiscal year. The highest revenue estimate was $335.1M, while the lowest revenue estimate was $329.4M, resulting in an average revenue estimate of $331.61M. In the same quarter a year ago, actual revenue was $309.39M, up 7.20% from the average estimate. Based on 15 analysts’ estimates, the company’s revenue will be $363.71M in the next fiscal year. The high estimate is $380.79M and the low estimate is $353.8M. The average revenue growth estimate for next year is up 9.70% from the average revenue estimate for this year.
