Throughout the last three months, 5 analysts have evaluated BigCommerce Holdings BIGC, offering a diverse set of opinions from bullish to bearish.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 1 | 0 | 3 | 1 | 0 |
Last 30D | 0 | 0 | 0 | 1 | 0 |
1M Ago | 0 | 0 | 0 | 0 | 0 |
2M Ago | 1 | 0 | 3 | 0 | 0 |
3M Ago | 0 | 0 | 0 | 0 | 0 |
Analysts have recently evaluated BigCommerce Holdings and provided 12-month price targets. The average target is $11.0, accompanied by a high estimate of $20.00 and a low estimate of $7.50. Surpassing the previous average price target of $10.88, the current average has increased by 1.1%.
Diving into Analyst Ratings: An In-Depth Exploration
The standing of BigCommerce Holdings among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below 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 |
---|---|---|---|---|---|
Koji Ikeda | B of A Securities | Lowers | Underperform | $7.50 | $11.00 |
Terry Tillman | Truist Securities | Lowers | Hold | $9.00 | $10.00 |
Clarke Jeffries | Piper Sandler | Lowers | Neutral | $9.00 | $11.00 |
Gabriela Borges | Goldman Sachs | Lowers | Neutral | $9.50 | $11.50 |
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: Analysts unravel qualitative evaluations for stocks, ranging from 'Outperform' to 'Underperform'. These ratings offer insights into expectations for the relative performance of BigCommerce Holdings compared to the broader market.
- Price Targets: Delving into movements, analysts provide estimates for the future value of BigCommerce Holdings's stock. This analysis reveals shifts in analysts' expectations over time.
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into BigCommerce Holdings's market standing. Stay informed and make well-considered decisions with our Ratings Table.
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Unveiling the Story Behind BigCommerce Holdings
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 majority of revenue is generated from Americas-U.S.
BigCommerce Holdings: Delving into Financials
Market Capitalization Analysis: Reflecting a smaller scale, the company's market capitalization is positioned below industry averages. This could be attributed to factors such as growth expectations or operational capacity.
Revenue Growth: BigCommerce Holdings displayed positive results in 3 months. As of 31 December, 2023, the company achieved a solid revenue growth rate of approximately 16.18%. This indicates a notable increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Information Technology sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of -3.77%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): BigCommerce Holdings's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of -13.99%, the company may face hurdles in generating optimal returns for shareholders.
Return on Assets (ROA): BigCommerce Holdings's ROA excels beyond industry benchmarks, reaching -0.72%. This signifies efficient management of assets and strong financial health.
Debt Management: With a high debt-to-equity ratio of 13.72, BigCommerce Holdings faces challenges in effectively managing its debt levels, indicating potential financial strain.
The Significance of Analyst Ratings Explained
Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.
Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.
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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