Weiss Ratings Reaffirms "Sell (E+)" Rating for Commerce.com (NASDAQ:CMRC)

Key Points

• Weiss Ratings has reaffirmed a "Sell (E+)" rating for Commerce.com (NASDAQ: CMRC), indicating ongoing concerns about the stock's performance.
• Despite this, some analysts, such as Wall Street Zen and Canaccord Genuity, have upgraded their ratings to "Buy," with target prices set at $10.00 and $11.00 respectively.
• Commerce.com reported a slight earnings beat with EPS of $0.04, although revenue fell short of expectations at $84.43 million.

Commerce.com (NASDAQ:CMRC - Get Free Report)'s stock had its "sell (e+)" rating reissued by equities research analysts at Weiss Ratings in a research note issued to investors on Wednesday,Weiss Ratings reports.

A number of other equities analysts also recently issued reports on the company. Wall Street Zen raised Commerce.com from a "hold" rating to a "buy" rating in a report on Sunday, August 10th. Canaccord Genuity Group reissued a "buy" rating and issued a $11.00 price objective on shares of Commerce.com in a report on Friday, August 1st. Finally, Needham & Company LLC reissued a "buy" rating and issued a $10.00 price objective on shares of Commerce.com in a report on Wednesday, August 20th. Two analysts have rated the stock with a Buy rating, two have given a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus target price of $8.50.

Commerce.com Stock Up 1.9%

Shares of Commerce.com stock traded up $0.09 on Wednesday, reaching $4.80. 571,371 shares of the company were exchanged, compared to its average volume of 807,058. Commerce.com has a 1-year low of $4.14 and a 1-year high of $7.99. The company has a market cap of $387.55 million, a P/E ratio of -21.82 and a beta of 1.08. The company has a debt-to-equity ratio of 4.06, a current ratio of 2.13 and a quick ratio of 2.13. The stock's 50 day moving average price is $4.72 and its 200-day moving average price is $5.01.

Commerce.com (NASDAQ:CMRC - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The company reported $0.04 EPS for the quarter, topping analysts' consensus estimates of $0.03 by $0.01. Commerce.com had a negative return on equity of 25.13% and a negative net margin of 5.37%.The business had revenue of $84.43 million during the quarter, compared to the consensus estimate of $86.08 million. During the same period in the previous year, the company posted $0.05 earnings per share. The business's revenue for the quarter was up 3.2% on a year-over-year basis. Commerce.com has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS.

Insider Activity at Commerce.com

In other news, insider Russell Scott Klein sold 98,080 shares of the company's stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $4.59, for a total transaction of $450,187.20. Following the completion of the sale, the insider owned 444,001 shares in the company, valued at $2,037,964.59. This represents a 18.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 9.06% of the stock is owned by company insiders.

Institutional Investors Weigh In On Commerce.com

Several large investors have recently modified their holdings of the stock. Connor Clark & Lunn Investment Management Ltd. raised its stake in shares of Commerce.com by 55.7% during the first quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,083,965 shares of the company's stock worth $6,244,000 after purchasing an additional 387,836 shares during the last quarter. Trexquant Investment LP raised its stake in shares of Commerce.com by 105.4% during the first quarter. Trexquant Investment LP now owns 777,992 shares of the company's stock worth $4,481,000 after purchasing an additional 399,164 shares during the last quarter. Acadian Asset Management LLC raised its position in Commerce.com by 714.4% in the first quarter. Acadian Asset Management LLC now owns 690,548 shares of the company's stock worth $3,976,000 after acquiring an additional 605,753 shares in the last quarter. Herald Investment Management Ltd raised its position in Commerce.com by 25.0% in the first quarter. Herald Investment Management Ltd now owns 625,000 shares of the company's stock worth $3,600,000 after acquiring an additional 125,000 shares in the last quarter. Finally, S Squared Technology LLC raised its position in Commerce.com by 1,137.3% in the first quarter. S Squared Technology LLC now owns 618,662 shares of the company's stock worth $3,563,000 after acquiring an additional 568,662 shares in the last quarter. Hedge funds and other institutional investors own 79.21% of the company's stock.

Commerce.com Company Profile

BigCommerce Holdings, Inc operates a software-as-a-service platform for small businesses, mid-markets, and large enterprises in the United States, Europe, the Middle East, Africa, the Asia-Pacific, and internationally. The company's platform provides various services for launching and scaling e-commerce operation, including store design, catalog management, hosting, checkout, order management, reporting, and pre-integrations.

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