6 analysts have expressed a variety of opinions on BigCommerce Holdings BIGC over the past quarter, offering a diverse set of opinions from bullish to bearish.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
---|---|---|---|---|---|
Total Ratings | 1 | 0 | 4 | 1 | 0 |
Last 30D | 1 | 0 | 0 | 0 | 0 |
1M Ago | 0 | 0 | 2 | 0 | 0 |
2M Ago | 0 | 0 | 0 | 1 | 0 |
3M Ago | 0 | 0 | 2 | 0 | 0 |
Insights from analysts' 12-month price targets are revealed, presenting an average target of $9.08, a high estimate of $14.00, and a low estimate of $7.00. Highlighting a 12.69% decrease, the current average has fallen from the previous average price target of $10.40.
Decoding Analyst Ratings: A Detailed Look
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 | $14.00 | - |
Keith Weiss | Morgan Stanley | Lowers | Equal-Weight | $8.00 | $10.00 |
Raimo Lenschow | Barclays | Lowers | Equal-Weight | $7.00 | $10.00 |
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 |
Key Insights:
- Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to BigCommerce Holdings. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate 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.
Navigating through these analyst evaluations alongside other financial indicators can contribute to a holistic understanding of BigCommerce Holdings's market standing. Stay informed and make data-driven decisions with our Ratings Table.
Stay up to date on BigCommerce Holdings analyst ratings.
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All You Need to Know About 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.
A Deep Dive into BigCommerce Holdings's Financials
Market Capitalization Analysis: Falling below industry benchmarks, the company's market capitalization reflects a reduced size compared to peers. This positioning may be influenced by 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. When compared to others in the Information Technology sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: BigCommerce Holdings's net margin is impressive, surpassing industry averages. With a net margin of -3.77%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): BigCommerce Holdings's ROE is below industry averages, indicating potential challenges in efficiently utilizing equity capital. With an ROE of -13.99%, the company may face hurdles in achieving optimal financial returns.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of -0.72%, the company showcases effective utilization of assets.
Debt Management: BigCommerce Holdings's debt-to-equity ratio stands notably higher than the industry average, reaching 13.72. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.
Analyst Ratings: Simplified
Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.
In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.
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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