BigCommerce (NASDAQ:BIGC) Announces Quarterly Earnings Results

BigCommerce (NASDAQ:BIGC) released its quarterly earnings data on Thursday. The company reported $0.02 EPS for the quarter, missing the consensus estimate of $0.07 by ($0.05), Zacks reports. BigCommerce had a negative return on equity of 58.18% and a negative net margin of 8.43%. BigCommerce updated its FY 2025 guidance to EPS and its Q1 2025 guidance to EPS.

BigCommerce Price Performance

BigCommerce stock traded up $0.03 during trading on Thursday, reaching $6.72. The company had a trading volume of 813,055 shares, compared to its average volume of 711,894. The firm’s 50-day simple moving average is $6.43 and its 200 day simple moving average is $6.18. BigCommerce has a 1-year low of $5.13 and a 1-year high of $8.93. The firm has a market capitalization of $526.32 million, a PE ratio of -18.79 and a beta of 1.18. The company has a debt-to-equity ratio of 7.48, a quick ratio of 2.81 and a current ratio of 2.81.

Wall Street Analyst Weigh In

Several research firms have commented on BIGC. Needham & Company LLC restated a “buy” rating and issued a $10.00 price objective on shares of BigCommerce in a research report on Monday, December 9th. Barclays lowered BigCommerce from an “equal weight” rating to an “underweight” rating and lowered their price objective for the stock from $8.00 to $7.00 in a research report on Friday, January 10th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $8.14.

About BigCommerce

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.