In the latest session, BigCommerce Holdings Inc (NASDAQ: BIGC) closed at $5.89 down -1.51% from its previous closing price of $5.98. On the day, 808862 shares were traded.
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 4.72 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, BofA Securities on March 25, 2024, Downgraded its rating to Underperform and sets its target price to $7.50 from $11 previously.
On February 05, 2024, Goldman Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $11.50 to $9.50.
On September 22, 2023, UBS started tracking the stock assigning a Neutral rating and target price of $12.UBS initiated its Neutral rating on September 22, 2023, with a $12 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 Mar 04 ’24 when Bellm Brent sold 8,078 shares for $7.63 per share. The transaction valued at 61,649 led to the insider holds 722,705 shares of the business.
Klein Russell Scott sold 3,198 shares of BIGC for $24,406 on Mar 04 ’24. The Chief Commercial Officer now owns 428,770 shares after completing the transaction at $7.63 per share. On Mar 04 ’24, another insider, Dhatt Brian Singh, who serves as the Chief Technology Officer of the company, sold 1,919 shares for $7.63 each. As a result, the insider received 14,645 and left with 232,612 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 1.46 while its Price-to-Book (P/B) ratio in mrq is 17.63.
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 $5.95.
Shares Statistics:
A total of 76.41M shares are outstanding, with a floating share count of 64.77M. Insiders hold about 15.44% of the company’s shares, while institutions hold 77.34% stake in the company.
Earnings Estimates
There are Roundhill BIG Bank ETF different market analysts currently analyzing its stock. The consensus estimate for the next quarter is $25.07, with high estimates of $5.89 and low estimates of $3.49.
