Commerce.com (NASDAQ:CMRC) Posts Quarterly Earnings Results, Beats Expectations By $0.16 EPS

Commerce.com (NASDAQ:CMRC) issued its 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 return on equity of 6.94% and a negative net margin of 3.93%.During the same quarter in the prior year, the firm posted $0.06 EPS. Commerce.com’s quarterly revenue was up 2.7% compared to the same quarter last year. Commerce.com updated its FY 2025 guidance to EPS and its Q4 2025 guidance to EPS.

Commerce.com Trading Down 1.7%

CMRC stock traded down $0.08 during midday trading on Friday, reaching $4.62. 1,241,709 shares of the company traded hands, compared to its average volume of 857,612. Commerce.com has a 52-week low of $4.14 and a 52-week high of $7.99. The company has a debt-to-equity ratio of 4.06, a quick ratio of 2.13 and a current ratio of 2.13. The business has a 50 day moving average of $4.77 and a 200-day moving average of $4.89. The firm has a market capitalization of $373.00 million, a price-to-earnings ratio of -28.88 and a beta of 1.07.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on CMRC shares. Weiss Ratings restated a “sell (e+)” rating on shares of Commerce.com in a research report on Wednesday, October 8th. Barclays cut their price objective on Commerce.com from $6.00 to $5.00 and set an “underweight” rating for the company in a research report on Tuesday, October 21st. Needham & Company LLC reiterated a “buy” rating and issued a $10.00 target price on shares of Commerce.com in a research report on Wednesday, August 20th. Canaccord Genuity Group restated a “buy” rating and set a $11.00 price target on shares of Commerce.com in a report on Friday, August 1st. Finally, Wall Street Zen cut Commerce.com from a “buy” rating to a “hold” rating in a report on Saturday, November 1st. Two research 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. Based on data from MarketBeat, Commerce.com currently has an average rating of “Hold” and a consensus target price of $8.30.

Insiders Place Their Bets

In related news, insider Russell Scott Klein sold 98,080 shares of the stock in a transaction 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 sale, the insider owned 444,001 shares in the company, valued at approximately $2,037,964.59. This represents a 18.09% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 9.06% of the company’s stock.

Institutional Investors Weigh In On Commerce.com

A hedge fund recently raised its stake in Commerce.com stock. AQR Capital Management LLC lifted its position in Commerce.com, Inc. (NASDAQ:CMRC) by 2,028.0% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 278,583 shares of the company’s stock after acquiring an additional 265,492 shares during the quarter. AQR Capital Management LLC owned 0.35% of Commerce.com worth $1,605,000 at the end of the most recent reporting period. Institutional investors own 79.21% of the company’s stock.

About Commerce.com

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.