BigCommerce (NASDAQ:BIGC) Posts Earnings Results, Misses Expectations By $0.05 EPS

BigCommerce (NASDAQ:BIGC) posted its quarterly earnings results on Thursday. The company reported $0.02 earnings per share for the quarter, missing analysts’ consensus estimates 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 Stock Down 6.7 %

Shares of BIGC stock opened at $6.24 on Friday. The company has a debt-to-equity ratio of 7.48, a quick ratio of 2.81 and a current ratio of 2.81. The stock’s 50 day simple moving average is $6.42 and its 200 day simple moving average is $6.18. The company has a market capitalization of $489.09 million, a price-to-earnings ratio of -17.33 and a beta of 1.18. BigCommerce has a twelve month low of $5.13 and a twelve month high of $8.93.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. Barclays downgraded BigCommerce from an “equal weight” rating to an “underweight” rating and cut their price target for the stock from $8.00 to $7.00 in a research note on Friday, January 10th. Needham & Company LLC reissued a “buy” rating and issued a $10.00 price objective on shares of BigCommerce in a research note on Friday. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $8.14.

BigCommerce Company Profile

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.