Big 5 Sporting Goods Corp. (NASDAQ:BGFV)’s share price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $14.62 and last traded at $14.51, with a volume of 84,891 shares changing hands. The stock had previously closed at $14.41.

Several equities analysts have recently issued reports on the stock. Zacks Investment Research upgraded shares of Big 5 Sporting Goods Corp. from a “hold” rating to a “buy” rating and set a $14.00 price objective on the stock in a report on Friday, August 5th. Deutsche Bank AG increased their price target on shares of Big 5 Sporting Goods Corp. from $9.00 to $10.00 and gave the stock a “hold” rating in a report on Wednesday, August 3rd. Three analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. Big 5 Sporting Goods Corp. presently has an average rating of “Buy” and an average price target of $12.86.

The firm has a market cap of $314.37 million, a P/E ratio of 27.55 and a beta of 0.77. The firm has a 50-day moving average of $13.01 and a 200 day moving average of $10.89.

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Big 5 Sporting Goods Corp. (NASDAQ:BGFV) last announced its quarterly earnings data on Tuesday, August 2nd. The company reported $0.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.03 by $0.08. The business earned $241.10 million during the quarter, compared to analysts’ expectations of $238.29 million. Big 5 Sporting Goods Corp. had a return on equity of 6.50% and a net margin of 1.12%. The business’s quarterly revenue was up .3% compared to the same quarter last year. During the same quarter last year, the business posted $0.15 EPS. Analysts expect that Big 5 Sporting Goods Corp. will post $0.52 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 15th. Stockholders of record on Thursday, September 1st were paid a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of 3.47%. The ex-dividend date of this dividend was Tuesday, August 30th. Big 5 Sporting Goods Corp.’s payout ratio is presently 94.34%.

In related news, Director Stadium Capital Partners L. P sold 9,893 shares of the business’s stock in a transaction that occurred on Tuesday, August 16th. The stock was sold at an average price of $13.08, for a total transaction of $129,400.44. Following the completion of the sale, the director now owns 2,423,842 shares in the company, valued at $31,703,853.36. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Stadium Capital Management Llc sold 88,712 shares of the business’s stock in a transaction that occurred on Thursday, August 11th. The stock was sold at an average price of $12.91, for a total value of $1,145,271.92. The disclosure for this sale can be found here. 7.90% of the stock is owned by insiders.

Large investors have recently bought and sold shares of the company. Wedge Capital Management L L P NC boosted its stake in Big 5 Sporting Goods Corp. by 129.6% in the second quarter. Wedge Capital Management L L P NC now owns 93,200 shares of the company’s stock valued at $864,000 after buying an additional 52,600 shares during the last quarter. AQR Capital Management LLC boosted its stake in Big 5 Sporting Goods Corp. by 86.1% in the second quarter. AQR Capital Management LLC now owns 226,071 shares of the company’s stock valued at $2,096,000 after buying an additional 104,577 shares during the last quarter. Guggenheim Capital LLC boosted its stake in Big 5 Sporting Goods Corp. by 10.4% in the second quarter. Guggenheim Capital LLC now owns 275,341 shares of the company’s stock valued at $2,552,000 after buying an additional 25,967 shares during the last quarter. Parametric Portfolio Associates LLC boosted its stake in Big 5 Sporting Goods Corp. by 5.8% in the second quarter. Parametric Portfolio Associates LLC now owns 194,427 shares of the company’s stock valued at $1,802,000 after buying an additional 10,715 shares during the last quarter. Finally, Thrivent Financial for Lutherans boosted its stake in Big 5 Sporting Goods Corp. by 0.6% in the second quarter. Thrivent Financial for Lutherans now owns 63,920 shares of the company’s stock valued at $592,000 after buying an additional 380 shares during the last quarter. Hedge funds and other institutional investors own 78.61% of the company’s stock.

Big 5 Sporting Goods Corp. Company Profile

Big 5 Sporting Goods Corporation is a sporting goods retailer in the western United States. The Company offers a range of products in a sporting goods store format that averages approximately 11,000 square feet. The Company also offers products online through its e-commerce platform. The Company’s product mix includes athletic shoes, apparel and accessories, as well as a range of outdoor and athletic equipment for team sports, fitness, camping, hunting, fishing, tennis, golf, winter and summer recreation and roller sports.

5 Day Chart for NASDAQ:BGFV

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