BigCommerce (BIGC) Expected to Announce Quarterly Earnings on Thursday

BigCommerce (NASDAQ:BIGC) is anticipated to issue its quarterly earnings data before the market opens on Thursday, February 20th. Analysts expect the company to announce earnings of $0.07 per share and revenue of $86.90 million for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

BigCommerce Stock Down 0.1 %

Shares of BigCommerce stock opened at $6.95 on Wednesday. The firm’s 50 day moving average price is $6.45 and its 200-day moving average price is $6.18. The company has a quick ratio of 2.81, a current ratio of 2.81 and a debt-to-equity ratio of 7.48. BigCommerce has a 52-week low of $5.13 and a 52-week high of $8.93. The company has a market cap of $544.74 million, a P/E ratio of -19.31 and a beta of 1.18.

Analyst Ratings Changes

BIGC has been the topic of a number of analyst reports. Barclays downgraded shares of BigCommerce from an “equal weight” rating to an “underweight” rating and cut their price objective for the stock from $8.00 to $7.00 in a research report on Friday, January 10th. Needham & Company LLC reaffirmed a “buy” rating and issued a $10.00 price objective on shares of BigCommerce in a research report on Monday, December 9th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $8.14.

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.