In the preceding three months, 6 analysts have released ratings for BigCommerce Holdings BIGC, presenting a wide array of perspectives from bullish to bearish.
The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 4 | 0 | 2 | 0 | 0 |
Last 30D | 1 | 0 | 0 | 0 | 0 |
1M Ago | 0 | 0 | 0 | 0 | 0 |
2M Ago | 0 | 0 | 0 | 0 | 0 |
3M Ago | 3 | 0 | 2 | 0 | 0 |
In the assessment of 12-month price targets, analysts unveil insights for BigCommerce Holdings, presenting an average target of $15.42, a high estimate of $20.00, and a low estimate of $10.00. Marking an increase of 23.36%, the current average surpasses the previous average price target of $12.50.
Understanding Analyst Ratings: A Comprehensive Breakdown
In examining recent analyst actions, we gain insights into how financial experts perceive BigCommerce Holdings. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
---|---|---|---|---|---|
Scott Berg | Needham | Maintains | Buy | $20.00 | - |
Scott Berg | Needham | Maintains | Buy | $20.00 | - |
Clarke Jeffries | Piper Sandler | Maintains | Neutral | $11.00 | - |
Gabriela Borges | Goldman Sachs | Lowers | Buy | $11.50 | $13.00 |
Terry Tillman | Truist Securities | Lowers | Hold | $10.00 | $12.00 |
Scott Berg | Needham | Maintains | Buy | $20.00 | - |
Key Insights:
- Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to BigCommerce Holdings. This information offers a snapshot of how analysts perceive the current state of the company.
- Rating: Offering a comprehensive view, analysts assess stocks qualitatively, spanning from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of BigCommerce Holdings compared to the broader market.
- Price Targets: Gaining insights, analysts provide estimates for the future value of BigCommerce Holdings's stock. This comparison reveals trends in analysts' expectations over time.
Capture valuable insights into BigCommerce Holdings's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
Stay up to date on BigCommerce Holdings analyst ratings.
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Delving into BigCommerce Holdings's Background
BigCommerce Holdings Inc is engaged in offering Software-as-a-service (SaaS) e-commerce platform. The company's SaaS platform engages in the creation of online stores by delivering a combination of ease-of-use, enterprise functionality, and flexibility. It powers both the customers' branded ecommerce stores and their cross-channel connections to popular online marketplaces, social networks, and offline point-of-sale systems. The group operates in a single segment covering geographical areas of Americas-U.S.; Americas-other; EMEA; and APAC, of which a majority of revenue is generated from Americas-U.S.
BigCommerce Holdings's Economic Impact: An Analysis
Market Capitalization: Indicating a reduced size compared to industry averages, the company's market capitalization poses unique challenges.
Revenue Growth: BigCommerce Holdings's revenue growth over a period of 3 months has been noteworthy. As of 30 September, 2023, the company achieved a revenue growth rate of approximately 7.81%. This indicates a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Information Technology sector.
Net Margin: BigCommerce Holdings's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of -26.02%, the company may encounter challenges in effective cost control.
Return on Equity (ROE): BigCommerce Holdings's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of -86.8%, the company may face hurdles in achieving optimal financial returns.
Return on Assets (ROA): BigCommerce Holdings's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of -4.5%, the company may encounter challenges in delivering satisfactory returns from its assets.
Debt Management: BigCommerce Holdings's debt-to-equity ratio stands notably higher than the industry average, reaching 17.63. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.
The Basics of Analyst Ratings
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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