Newegg Commerce (NEGG) Stock Price, News & Analysis

Company Overview

Newegg Commerce, Inc. operates as an electronics-focused e-retailer in North America. The company offers desktops, laptops, gaming laptops, peripherals, and accessories; CPU/processors, graphic cards, motherboards, storage devices, and computer accessories; home video and audio, headphones, pro audio/video, cellphones, wearables, and digital cameras; display and printing, office technology furniture, office supplies, and mailing and inventory supplies; and software, digital downloads, warranty and services, 3rd party gift cards, and entertainment products. It also provides Xbox, PlayStation, home networking, server and components, smart home products, car electronics, motorcycles and ATV, wheels and tires, home improvement tools, home appliances, kitchen utensils, outdoor and garden furniture, fitness, and sports and health products. The company operates B2C platforms, including Newegg.com, Newegg.ca, and Newegg Global, as well as mobile apps; and B2B platforms comprising NeweggBusiness.com. The company was founded in 2001 and is headquartered in City of Industry, California. Newegg Commerce, Inc. is a subsidiary of Hangzhou Liaison Interactive Information Technology Co., Ltd.

Key Stats

• Today's Range: $0.60 to $0.64
• 50-Day Range: $0.60 to $0.86
• 52-Week Range: $0.52 to $2.15
• Volume: 376,156 shs
• Average Volume: 597,308 shs
• Market Capitalization: $231.67 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Newegg Commerce Stock Analysis - MarketRank™

Newegg Commerce scored higher than 19% of companies evaluated by MarketBeat, and ranked 187th out of 207 stocks in the retail/wholesale sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Newegg Commerce.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Book Value per Share Ratio

Newegg Commerce has a P/B Ratio of 1.79. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.22% of the float of Newegg Commerce has been sold short.

Short Interest Ratio / Days to Cover

Newegg Commerce has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Newegg Commerce has recently increased by 12.75%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Newegg Commerce does not currently pay a dividend.

Dividend Growth

Newegg Commerce does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

4.22% of the float of Newegg Commerce has been sold short.

Short Interest Ratio / Days to Cover

Newegg Commerce has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Newegg Commerce has recently increased by 12.75%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.8 / 5
• News Sentiment: N/A

News Sentiment

Newegg Commerce has a news sentiment score of 1.87. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.52 average news sentiment score of Retail/Wholesale companies.

Search Interest

4 people have searched for NEGG on MarketBeat in the last 30 days. This is an increase of 300% compared to the previous 30 days.

MarketBeat Follows

2 people have added Newegg Commerce to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Newegg Commerce insiders have not sold or bought any company stock.

Percentage Held by Insiders

22.90% of the stock of Newegg Commerce is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 0.45% of the stock of Newegg Commerce is held by institutions.

NEGG Stock Analysis - Frequently Asked Questions

How have NEGG shares performed this year?

Newegg Commerce's stock was trading at $1.26 at the beginning of 2024. Since then, NEGG stock has decreased by 51.7% and is now trading at $0.6090.
View the best growth stocks for 2024 here.

How were Newegg Commerce's earnings last quarter?

Newegg Commerce, Inc. (NASDAQ:NEGG) announced its earnings results on Monday, April, 24th. The company reported ($0.02) EPS for the quarter, meeting analysts' consensus estimates of ($0.02).

How do I buy shares of Newegg Commerce?

Shares of NEGG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Newegg Commerce own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Newegg Commerce investors own include Waste Connections (WCN), AUO (AUOTY), American Water Works (AWK), iShares Micro-Cap ETF (IWC), The RMR Group (RMR), DiamondRock Hospitality (DRH) and Triple Flag Precious Metals (TFPM).

Company Calendar

• Last Earnings: 4/24/2023
• Today: 10/31/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Retail/Wholesale
• Industry: Retail stores, not elsewhere classified
• Sub-Industry: Retail
• Current Symbol: NASDAQ:NEGG
• CUSIP: N/A
• CIK: 1474627
• Web: www.newegg.com
• Phone: (626) 271-9700
• Fax: 86-010-6841-6311
• Employees: 2,200
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: 0.54
• Current Ratio: 1.21
• Quick Ratio: 0.54

Sales & Book Value

• Annual Sales: $1.39 billion
• Price / Sales: 0.17
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $0.34 per share
• Price / Book: 1.79

Miscellaneous

• Outstanding Shares: 380,414,000
• Free Float: 293,299,000
• Market Cap: $231.67 million
• Optionable: Optionable
• Beta: 1.37