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.
The closing price of BigCommerce Holdings Inc (NASDAQ: BIGC) was $7.09 for the day, up 3.81% from the previous closing price of $6.83. In other words, the price has increased by $3.81 from its previous closing price. On the day, 0.63 million shares were traded. BIGC stock price reached its highest trading level at $7.105 during the session, while it also had its lowest trading level at $6.675.
Ratios:
Our analysis of BIGC’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.27 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 23.95. For the most recent quarter (mrq), Quick Ratio is recorded 2.71 and its Current Ratio is at 2.71. In the meantime, Its Debt-to-Equity ratio is 7.66 whereas as Long-Term Debt/Eq ratio is at 7.55.
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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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:
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 555714240 and an Enterprise Value of 609025088. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.68 while its Price-to-Book (P/B) ratio in mrq is 19.16. Its current Enterprise Value per Revenue stands at 1.845 whereas that against EBITDA is -33.771.
Stock Price History:
The Beta on a monthly basis for BIGC is 1.18, which has changed by -0.2343049 over the last 52 weeks, in comparison to a change of 0.20652604 over the same period for the S&P500. Over the past 52 weeks, BIGC has reached a high of $8.98, while it has fallen to a 52-week low of $5.12. The 50-Day Moving Average of the stock is 7.36%, while the 200-Day Moving Average is calculated to be 6.37%.
Shares Statistics:
BIGC traded an average of 863.06K shares per day over the past three months and 706910 shares per day over the past ten days. A total of 78.35M shares are outstanding, with a floating share count of 63.30M. Insiders hold about 19.23% of the company’s shares, while institutions hold 73.41% stake in the company. Shares short for BIGC as of 1738281600 were 5421694 with a Short Ratio of 6.28, compared to 1735603200 on 5572606. Therefore, it implies a Short% of Shares Outstanding of 5421694 and a Short% of Float of 8.5.
