Commerce.com (NASDAQ:CMRC) Issues Earnings Results

Commerce.com (NASDAQ:CMRC) announced its quarterly earnings results on Thursday. The company reported $0.08 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.08) by $0.16, Briefing.com reports. Commerce.com had a negative net margin of 3.93% and a negative return on equity of 6.94%. The firm’s revenue was up 2.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.06 EPS. Commerce.com updated its FY 2025 guidance to EPS and its Q4 2025 guidance to EPS.

Commerce.com Trading Down 1.7%

Shares of CMRC traded down $0.08 during mid-day trading on Friday, hitting $4.62. The company had a trading volume of 1,241,709 shares, compared to its average volume of 857,612. Commerce.com has a 1-year low of $4.14 and a 1-year high of $7.99. The business’s 50-day simple moving average is $4.77 and its 200-day simple moving average is $4.89. The stock has a market cap of $373.00 million, a PE ratio of -28.88 and a beta of 1.07. The company has a quick ratio of 2.13, a current ratio of 2.13 and a debt-to-equity ratio of 4.06.

Insiders Place Their Bets

In other news, insider Russell Scott Klein sold 98,080 shares of the business’s stock in a transaction on Friday, September 12th. The shares were sold at an average price of $4.59, for a total transaction of $450,187.20. Following the completion of the sale, the insider directly owned 444,001 shares of the company’s stock, valued at $2,037,964.59. The trade was a 18.09% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 9.06% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Commerce.com

An institutional investor recently raised its position in Commerce.com stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Commerce.com, Inc. (NASDAQ:CMRC) by 15.9% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 83,826 shares of the company’s stock after acquiring an additional 11,509 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned about 0.11% of Commerce.com worth $483,000 as of its most recent SEC filing. 79.21% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

CMRC has been the subject of several research reports. Wall Street Zen downgraded Commerce.com from a “buy” rating to a “hold” rating in a research report on Saturday, November 1st. Barclays cut their price target on Commerce.com from $6.00 to $5.00 and set an “underweight” rating for the company in a report on Tuesday, October 21st. Needham & Company LLC reaffirmed a “buy” rating and set a $10.00 price objective on shares of Commerce.com in a research note on Wednesday, August 20th. Weiss Ratings reissued a “sell (e+)” rating on shares of Commerce.com in a research note on Wednesday, October 8th. Finally, Canaccord Genuity Group restated a “buy” rating and issued a $11.00 target price on shares of Commerce.com in a report on Friday, August 1st. Two investment analysts have rated the stock with a Buy rating, two have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, Commerce.com currently has a consensus rating of “Hold” and a consensus target price of $8.30.

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.