Big 5 Sporting Goods Corp. EPS Estimated Cut at Needham & Company (BGFV)
Stock analysts at Needham & Company reduced their earnings per share estimates on shares of Big 5 Sporting Goods Corp. (NASDAQ:BGFV) in a report issued on Wednesday, Stock Ratings News reports. The firm currently has a “strong-buy” rating on the company’s shares.
Separately, analysts at Zacks reiterated a “neutral” rating on shares of Big 5 Sporting Goods Corp. in a research note on Tuesday, December 17th. They now have a $19.00 price target on the stock. One research analyst has rated the stock with a sell rating, four have given a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company’s stock. Big 5 Sporting Goods Corp. presently has an average rating of “Hold” and an average target price of $18.42.
Shares of Big 5 Sporting Goods Corp. (NASDAQ:BGFV) opened at 15.88 on Wednesday. Big 5 Sporting Goods Corp. has a 52-week low of $13.84 and a 52-week high of $25.00. The stock has a 50-day moving average of $17.37 and a 200-day moving average of $17.55. The company has a market cap of $348.6 million and a price-to-earnings ratio of 13.50.
Big 5 Sporting Goods Corp. (NASDAQ:BGFV) last released its earnings data on Tuesday, February 25th. The company reported $0.23 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.22 by $0.01. The company had revenue of $248.00 million for the quarter, compared to the consensus estimate of $253.26 million. Analysts expect that Big 5 Sporting Goods Corp. will post $1.29 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Friday, March 21st. Shareholders of record on Friday, March 7th will be given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 2.42%.
Big 5 Sporting Goods Corporation is a sporting goods retailer in the western United States, operating 414 stores in 12 states under the Big 5 Sporting Goods name as of December 30, 2012.
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