BigCommerce (BIGC) Stock Price, News & Analysis

Company Overview

BigCommerce Holdings, Inc. operates a software-as-a-service platform for enterprises, small businesses, and mid-markets in the United States, North and South America, Europe, the Middle East, Africa, and the AsiaPacific. The company provides a platform for launching and scaling an ecommerce operation, including store design, catalog management, hosting, checkout, order management, reporting, and pre-integration into third-party services. It serves stores in various sizes, product categories, and purchase types, such as business-to-business and business-to-consumer. The company was founded in 2009 and is headquartered in Austin, Texas.

Key Stats

• Today's Range: $5.97 to $6.39
• 50-Day Range: $5.14 to $6.48
• 52-Week Range: $5.13 to $10.19
• Volume: 1.00 million shs
• Average Volume: 969,392 shs
• Market Capitalization: $499.28 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $8.81
• Consensus Rating: Hold

BigCommerce Stock Analysis - MarketRank™

BigCommerce scored higher than 67% of companies evaluated by MarketBeat, and ranked 131st out of 215 stocks in the retail/wholesale sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.1 / 5
• Analyst Rating: Hold

Consensus Rating

BigCommerce has received a consensus rating of Hold. The company's average rating score is 2.13, and is based on 2 buy ratings, 5 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

BigCommerce has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for BigCommerce are expected to grow in the coming year, from ($0.25) to ($0.16) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of BigCommerce is -17.69, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of BigCommerce is -17.69, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

BigCommerce has a P/B Ratio of 17.22. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

13.67% of the float of BigCommerce has been sold short.

Short Interest Ratio / Days to Cover

BigCommerce has a short interest ratio ("days to cover") of 8.7.

Change versus previous month

Short interest in BigCommerce has recently increased by 5.90%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

BigCommerce does not currently pay a dividend.

Dividend Growth

BigCommerce does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 2.0 / 5
• Environmental Score: -1.43

Percentage of Shares Shorted

13.67% of the float of BigCommerce has been sold short.

Short Interest Ratio / Days to Cover

BigCommerce has a short interest ratio ("days to cover") of 8.7.

Change versus previous month

Short interest in BigCommerce has recently increased by 5.90%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 1.40

News Sentiment

BigCommerce has a news sentiment score of 1.40. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.62 average news sentiment score of Retail/Wholesale companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for BigCommerce this week, compared to 4 articles on an average week.

MarketBeat Follows

2 people have added BigCommerce to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, BigCommerce insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 9.06% of the stock of BigCommerce is held by insiders.

Percentage Held by Institutions

79.21% of the stock of BigCommerce is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

BIGC Stock Analysis - Frequently Asked Questions

How have BIGC shares performed this year?

BigCommerce's stock was trading at $9.73 on January 1st, 2024. Since then, BIGC stock has decreased by 34.5% and is now trading at $6.37.
View the best growth stocks for 2024 here.

How were BigCommerce's earnings last quarter?

BigCommerce Holdings, Inc. (NASDAQ:BIGC) released its quarterly earnings results on Thursday, August, 1st. The company reported $0.05 earnings per share for the quarter, topping analysts' consensus estimates of $0.03 by $0.02. BigCommerce's revenue for the quarter was up 8.5% on a year-over-year basis.

When did BigCommerce IPO?

BigCommerce (BIGC) raised $131 million in an IPO on Wednesday, August 5th 2020. The company issued 6,900,000 shares at $18.00-$20.00 per share. Morgan Stanley, Barclays, Jefferies and KeyBanc Capital Markets served as the underwriters for the IPO and Canaccord Genuity, Needham & Company, Raymond James and SunTrust Robinson Humphrey were co-managers.

Who are BigCommerce's major shareholders?

Top institutional shareholders of BigCommerce include Wasatch Advisors LP (2.87%), Clearline Capital LP (2.07%), Geode Capital Management LLC (2.06%) and State Street Corp (1.96%). Insiders that own company stock include Brent Bellm, Russell Scott Klein, Brian Singh Dhatt, Robert Alvarez, Jeff Mengoli, Lisa Eggerton, Robert Kaloustian, Thomas Aylor and Jeffrey Gordon Richards.
View institutional ownership trends.

How do I buy shares of BigCommerce?

Shares of BIGC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of BigCommerce own?

Based on aggregate information from My MarketBeat watchlists, some other companies that BigCommerce investors own include Tesla (TSLA), NVIDIA (NVDA), Meta Platforms (META), Block (SQ), Walt Disney (DIS), Advanced Micro Devices (AMD) and CrowdStrike (CRWD).

Company Calendar

• Last Earnings: 8/01/2024
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/27/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Retail/Wholesale
• Industry: Prepackaged software
• Sub-Industry: Computer Software
• Current Symbol: NASDAQ:BIGC
• CUSIP: N/A
• CIK: 1626450
• Web: www.bigcommerce.com
• Phone: 512-865-4500
• Fax: N/A
• Employees: 1,321
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $8.81
• High Stock Price Target: $14.00
• Low Stock Price Target: $6.00
• Potential Upside/Downside: +38.3%
• Consensus Rating: Hold
• Rating Score (0-4): 2.13
• Research Coverage: 8 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.36)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-64,670,000.00
• Net Margins: -8.43%
• Pretax Margin: -8.39%
• Return on Equity: -58.18%
• Return on Assets: -3.74%

Debt

• Debt-to-Equity Ratio: 7.48
• Current Ratio: 2.81
• Quick Ratio: 2.81

Sales & Book Value

• Annual Sales: $309.39 million
• Price / Sales: 1.61
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.37 per share
• Price / Book: 17.22

Miscellaneous

• Outstanding Shares: 78,380,000
• Free Float: 71,279,000
• Market Cap: $499.28 million
• Optionable: Optionable
• Beta: 0.99