Newegg Commerce Stock Forecast, Price & News NASDAQ:NEGG

The company was founded on July 22, 2003 and is headquartered in City of Industry, CA. Newegg Commerce, Inc. is a technology-focused e-commerce company in North America. The Company has developed an online marketplace that delivers value to consumers, brands, and sellers in the technology products sector. It operates business-to-consumer platforms, business-to-business operations, and other online platforms. Its B2C platform focuses on selling information technology products, through its platforms, namely Newegg.Com, Newegg.Ca, And Newegg…

• Newegg Commerce updated its FY 2023 earnings guidance on Thursday, April, 27th.
• 1 Wall Street equities research analysts have issued “buy,” “hold,” and “sell” ratings for Newegg Commerce in the last year.
• The firm also provides third-party logistics services globally….
• Market Cap is calculated by multiplying the number of shares outstanding by the stock’s price.
• Exchanges report short interest twice a month.Percent of FloatTotal short positions relative to the number of shares available to trade.

Intraday Data provided by FACTSET and subject to terms of use. Historical and current end-of-day data provided by FACTSET. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only.

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It also provides display and printing, office tech… © 2023 wework troubles take deeper bite out of softbank data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed.

Market cap, also known as market capitalization, is the total market value of a company. It’s calculated by multiplying the current market price by the total number of shares outstanding. / Sales ,26x Nbr of Employees Free-Float 5,15% More FinancialsCompanyNewegg Commerce, Inc. is a technology-focused e-commerce company in North America.

Based on an average trading volume of 575,500 shares, the days-to-cover ratio is currently 3.7 days. Approximately 10.9% of the shares of the company are short sold. The up/down ratio is calculated by dividing the value of uptick trades by the value of downtick trades. Net money flow is the value of uptick trades minus the value of downtick trades.

Products

News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. Other market data may be delayed by 15 minutes or more. There are speculative ideas and then there are the best penny stocks under $3. Newegg Commerce, Inc. operates as an electronics-focused e-retailer in North America.

• The company’s average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
• Represents the company’s profit divided by the outstanding shares of its common stock.
• 52 week low is the lowest price of a stock in the past 52 weeks, or one year.

Our calculations are based on comprehensive, delayed quotes. The Price-to-Earnings (or P/E) ratio is a commonly used tool for valuing a company. It’s calculated by dividing the current share price by the earnings per share . It can also be calculated by dividing the company’s Market Cap by the Net Profit. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 to -2 . This is a lower news sentiment than the 0.49 average news sentiment score of Retail/Wholesale companies.

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You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. 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. In the past three months, Newegg Commerce insiders have not sold or bought any company stock. Only 1 people have added Newegg Commerce to their MarketBeat watchlist in the last 30 days.

Sign-up to receive the latest news and ratings for Newegg Commerce and its competitors with MarketBeat’s FREE daily newsletter. 14 people have searched for NEGG on MarketBeat in the last 30 days. This is an increase of 40% compared to the previous 30 days. MarketBeat has tracked 5 news articles for Newegg Commerce this week, compared to 1 article on an average week. MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

Newegg Inc

Market Cap is calculated by multiplying the number of shares outstanding by the stock’s price. To calculate, start with total shares outstanding and subtract the number of restricted shares. Restricted stock typically is that issued to company insiders with limits on when it may be traded.Dividend YieldA company’s dividend expressed as a percentage of its current stock price. It offers direct sales and an online marketplace platform for IT computer components, consumer electronics, entertainment, smart home and gaming products. The firm also provides third-party logistics services globally….

To see all exchange delays and terms of use please see Barchart’s disclaimer. Newegg Commerce updated its FY 2023 earnings guidance on Thursday, April, 27th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $1.52 billion-$1.58 billion, compared to the consensus revenue estimate of $1.52 billion.

Analyst Ratings Newegg Commerce Inc.

This is a decrease of 0% compared to the previous 30 days. There is no current Upright™ data available for NEGG.

Newegg Commerce has received a consensus rating of Buy. The company’s average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings. Represents the company’s profit divided by the outstanding shares of its common stock. Exchanges report short interest twice a month.Percent of FloatTotal short positions relative to the number of shares available to trade.

Intraday data delayed at least 15 minutes or per exchange requirements. 1 equities research analysts have issued 1-year target prices for Newegg Commerce’s shares. Their NEGG share price forecasts range from $3.50 to $3.50. On average, they predict the company’s share price to reach $3.50 in the next twelve months. This suggests a possible upside of 216.7% from the stock’s current price. View analysts price targets for NEGG or view top-rated stocks among Wall Street analysts.

Financials

52 week low is the lowest price of a stock in the past 52 weeks, or one year. Newegg Commerce Inc 52 week low is $1.00 as of April 28, 2023. 52 week high is the highest price of a stock in the past 52 weeks, or one year. Newegg Commerce Inc 52 week high is $7.40 as of April 28, 2023. One share of NEGG stock can currently be purchased for approximately $1.11.

A valuation method that multiplies the price of a company’s stock by the total number of outstanding shares. The Company offers consumer electronics, entertainment, smart home, computers, software, cell phones, household appliances, jewelry, accessories, and gaming products. Real-time analyst ratings, insider transactions, earnings data, and more. Data are provided ‘as is’ for informational purposes only and are not intended for trading purposes. Data may be intentionally delayed pursuant to supplier requirements.

Its B2C platform focuses on selling information technology products, through… The 50-day moving average is a frequently used data point by active investors and traders to understand the trend of a stock. It’s calculated by averaging the closing stock price over the previous 50 trading days. Newegg Commerce saw a increase in short interest in the month of April. As of April 15th, there was short interest totaling 2,150,000 shares, an increase of 15.6% from the March 31st total of 1,860,000 shares.

According to one analyst, the rating for NEGG stock is “Buy” and the 12-month stock price forecast is $3.5. Newegg Commerce has a short interest ratio (“days to cover”) of 3.7, which is generally considered an acceptable ratio of short interest to trading volume. Newegg Commerce has only been the subject of 1 research reports in the past 90 days. According to analysts’ consensus price target of $3.50, Newegg Commerce has a forecasted upside of 215.3% from its current price of $1.11. 2023 has begun with a bang for meme stocks as retail investors seem to again have developed a risk appetite for these stocks judging by the strong rally in these stocks. Sign Up NowGet this delivered to your inbox, and more info about our products and services.

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1 https://1investing.in/ equities research analysts have issued “buy,” “hold,” and “sell” ratings for Newegg Commerce in the last year. The consensus among Wall Street equities research analysts is that investors should “buy” NEGG shares. The firm also provides third-party logistics services globally.