BigCommerce (BIGC) Set to Announce Earnings on Thursday

BigCommerce (NASDAQ:BIGC) will release its earnings data before the market opens on Thursday, November 7th. Analysts expect BigCommerce to post earnings of $0.02 per share for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

BigCommerce Stock Performance

Shares of BIGC stock opened at $5.28 on Wednesday. BigCommerce has a 12-month low of $5.13 and a 12-month high of $10.29. The firm has a market capitalization of $410.52 million, a price-to-earnings ratio of -9.78 and a beta of 0.99. The business has a 50 day simple moving average of $5.71 and a 200 day simple moving average of $6.71. The company has a debt-to-equity ratio of 13.04, a current ratio of 4.51 and a quick ratio of 4.51.

Analyst Upgrades and Downgrades

BIGC has been the topic of several research reports. Stifel Nicolaus dropped their price target on shares of BigCommerce from $10.00 to $8.00 and set a “buy” rating on the stock in a research report on Thursday, October 3rd. Bank of America cut their price objective on BigCommerce from $8.00 to $6.00 and set an “underperform” rating for the company in a research report on Thursday, August 29th. Barclays decreased their target price on BigCommerce from $8.00 to $7.00 and set an “equal weight” rating on the stock in a report on Monday, August 5th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $14.00 target price on shares of BigCommerce in a report on Thursday, October 3rd. One investment analyst has rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the company. Based on data from MarketBeat.com, BigCommerce has an average rating of “Hold” and a consensus price target of $8.81.

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.