Newegg Commerce Stock Today
| NEGG Stock | USD 0.60 0.01 1.64% |
Performance0 of 100
| Odds Of DistressLess than 39
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Newegg Commerce is trading at 0.6 as of the 28th of November 2024. This is a 1.64 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.59. Newegg Commerce has about a 39 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Newegg Commerce are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain Consumer Discretionary Distribution & Retail | IPO Date 22nd of April 2010 | Category Consumer Cyclical | Classification Consumer Discretionary |
Newegg Commerce, Inc. operates as an electronics-focused e-retailer in North America. Newegg Commerce, Inc. is a subsidiary of Hangzhou Liaison Interactive Information Technology Co., Ltd. Newegg Commerce operates under Internet Retail classification in the United States and is traded on NASDAQ Exchange. The company has 387.93 M outstanding shares of which 1.1 M shares are now shorted by private and institutional investors with about 2.93 trading days to cover. More on Newegg Commerce
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Newegg Stock Highlights
| CoFounder Chairman | Faching Chang | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Marketing (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Computer & Electronics Retail, Consumer Discretionary Distribution & Retail, Consumer Discretionary, NASDAQ Composite, Marketing, Consumer Discretionary, Specialty Retail, Internet Retail, Consumer Cyclical, Computing (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsNewegg Commerce can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Newegg Commerce's financial leverage. It provides some insight into what part of Newegg Commerce's total assets is financed by creditors.
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Newegg Commerce (NEGG) is traded on NASDAQ Exchange in USA. It is located in 17560 Rowland Street, City Of Industry, CA, United States, 91748 and employs 932 people. Newegg Commerce is listed under Computer & Electronics Retail category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 227.71 M. Newegg Commerce conducts business under Specialty Retail sector and is part of Consumer Discretionary industry. The entity has 387.93 M outstanding shares of which 1.1 M shares are now shorted by private and institutional investors with about 2.93 trading days to cover.
Newegg Commerce currently holds about 70.07 M in cash with (3.84 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.19.
Check Newegg Commerce Probability Of Bankruptcy
Ownership AllocationNewegg Commerce maintains a total of 387.93 Million outstanding shares. Newegg Commerce secures majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 93.84 % of Newegg Commerce outstanding shares that are owned by insiders conveys that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Newegg Ownership Details
Newegg Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Ballentine Finn & Company Inc | 2024-09-30 | 12.6 K | |
| Quadrant Capital Group Llc | 2024-09-30 | 6.3 K | |
| Barclays Plc | 2024-06-30 | 6.2 K | |
| Morgan Stanley - Brokerage Accounts | 2024-06-30 | 456 | |
| Wells Fargo & Co | 2024-06-30 | 200 | |
| Jpmorgan Chase & Co | 2024-06-30 | 76.0 | |
| Goldman Sachs Group Inc | 2024-06-30 | 0.0 | |
| Jane Street Group Llc | 2024-06-30 | 0.0 | |
| Tower Research Capital Llc | 2024-06-30 | 0.0 | |
| Geode Capital Management, Llc | 2024-09-30 | 466.1 K | |
| State Street Corp | 2024-06-30 | 154.5 K |
Newegg Commerce Historical Income Statement
Newegg Stock Against Markets
Newegg Commerce Corporate Management
| Fred Chang | CoFounder Chairman | Profile | |
| Yong Hou | Chief Officer | Profile | |
| Michael Chen | Chief Officer | Profile | |
| YuehPai Chang | Chief Officer | Profile | |
| Anthony Chow | Chief Officer | Profile | |
| Christina Ching | Interim Officer | Profile | |
| Jamie Spannos | Chief Officer | Profile |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Newegg Commerce. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. For more detail on how to invest in Newegg Stock please use our How to Invest in Newegg Commerce guide.You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Is Computer & Electronics Retail space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Newegg Commerce. If investors know Newegg will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Newegg Commerce listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.41) | Earnings Share (0.15) | Revenue Per Share 3.588 | Quarterly Revenue Growth (0.14) | Return On Assets (0.10) |
The market value of Newegg Commerce is measured differently than its book value, which is the value of Newegg that is recorded on the company's balance sheet. Investors also form their own opinion of Newegg Commerce's value that differs from its market value or its book value, called intrinsic value, which is Newegg Commerce's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Newegg Commerce's market value can be influenced by many factors that don't directly affect Newegg Commerce's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Newegg Commerce's value and its price as these two are different measures arrived at by different means. Investors typically determine if Newegg Commerce is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Newegg Commerce's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.