Stock of BigCommerce Holdings Inc (BIGC) performance and profitability takes another direction

A share price of BigCommerce Holdings Inc [BIGC] is currently trading at $6.48, up 4.01%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The BIGC shares have gain 26.07% over the last week, with a monthly amount glided 14.29%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

BigCommerce Holdings Inc [NASDAQ: BIGC] stock has seen the most recent analyst activity on March 25, 2024, when BofA Securities downgraded its rating to a Underperform and also revised its price target to $7.50 from $11. Previously, Goldman downgraded its rating to Neutral on February 05, 2024, and dropped its price target to $9.50. On September 22, 2023, UBS initiated with a Neutral rating and assigned a price target of $12 on the stock. DA Davidson started tracking the stock assigning a Neutral rating and suggested a price target of $11 on March 09, 2023. Piper Sandler downgraded its rating to a Neutral and reduced its price target to $12 on February 07, 2023. KeyBanc Capital Markets downgraded its rating to Sector Weight for this stock on January 20, 2023. In a note dated January 04, 2023, BofA Securities downgraded an Neutral rating on this stock and revised its target price from $21 to $11.

BigCommerce Holdings Inc experienced fluctuations in its stock price throughout the past year between $5.12 and $10.19. Currently, Wall Street analysts expect the stock to reach $19.55 within the next 12 months. BigCommerce Holdings Inc [NASDAQ: BIGC] shares were valued at $6.48 at the most recent close of the market. An investor can expect a potential return of 201.7% based on the average BIGC price forecast.

Analyzing the BIGC fundamentals

Trailing Twelve Months sales for BigCommerce Holdings Inc [NASDAQ:BIGC] were 330.05M which represents 7.26% growth. Gross Profit Margin for this corporation currently stands at 0.75% with Operating Profit Margin at -0.13%, Pretax Profit Margin comes in at -0.08%, and Net Profit Margin reading is -0.08%. To continue investigating profitability, this company’s Return on Assets is posted at -0.08, Equity is -1.03 and Total Capital is -0.17. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 7.65.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 6.26 points at the first support level, and at 6.03 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.64, and for the 2nd resistance point, it is at 6.79.

Ratios To Look Out For

To put it in perspective, the Current Ratio for BigCommerce Holdings Inc [NASDAQ:BIGC] is 2.71. Further, the Quick Ratio stands at 2.71, while the Cash Ratio is 0.41. Considering the valuation of this stock, the price to sales ratio is 1.53, the price to book ratio is 17.52.

Transactions by insiders

Recent insider trading involved Richards Jeffrey Gordon, Director, that happened on Aug 13 ’24 when 76571.0 shares were sold. Director, Richards Jeffrey Gordon completed a deal on Aug 14 ’24 to sell 53718.0 shares. Meanwhile, Director GGV CAP V ENTREPRENEURS FD LP bought 1901.0 shares on Aug 14 ’24.

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