Big 5 Sporting Goods Corporation (NASDAQ:BGFV)‘s stock had its “hold” rating reiterated by equities research analysts at Forward View in a research report issued on Tuesday. They currently have a $11.00 price objective on the stock. Forward View’s price target would indicate a potential upside of 17.65% from the company’s current price. Forward View also issued estimates for Big 5 Sporting Goods Corporation’s Q3 2017 earnings at $0.31 EPS, Q4 2017 earnings at $0.37 EPS, FY2017 earnings at $1.05 EPS, Q1 2018 earnings at $0.21 EPS, Q4 2018 earnings at $0.41 EPS and FY2018 earnings at $1.12 EPS.

A number of other brokerages have also issued reports on BGFV. Deutsche Bank AG reaffirmed a “buy” rating and set a $20.00 target price (up from $18.00) on shares of Big 5 Sporting Goods Corporation in a research report on Wednesday, May 3rd. Zacks Investment Research lowered Big 5 Sporting Goods Corporation from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 2nd. BidaskClub lowered Big 5 Sporting Goods Corporation from a “sell” rating to a “strong sell” rating in a research report on Saturday, July 8th. Finally, ValuEngine lowered Big 5 Sporting Goods Corporation from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, August 1st. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $12.67.

Big 5 Sporting Goods Corporation (NASDAQ:BGFV) traded up 4.28% on Tuesday, hitting $9.75. The stock had a trading volume of 277,483 shares. Big 5 Sporting Goods Corporation has a 12-month low of $9.30 and a 12-month high of $20.35. The firm has a market cap of $212.02 million, a PE ratio of 8.96 and a beta of -0.09. The company’s 50 day moving average is $12.44 and its 200 day moving average is $14.20.

Big 5 Sporting Goods Corporation (NASDAQ:BGFV) last announced its earnings results on Tuesday, August 1st. The company reported $0.13 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.19 by $0.06. Big 5 Sporting Goods Corporation had a return on equity of 11.86% and a net margin of 2.30%. The business had revenue of $243.67 million for the quarter, compared to analysts’ expectations of $251.03 million. During the same period in the previous year, the firm posted $0.11 earnings per share. The firm’s revenue was up .9% compared to the same quarter last year. On average, equities research analysts expect that Big 5 Sporting Goods Corporation will post $0.93 EPS for the current fiscal year.

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In other news, Director Van B. Honeycutt sold 12,000 shares of the business’s stock in a transaction that occurred on Friday, May 26th. The stock was sold at an average price of $13.83, for a total transaction of $165,960.00. Following the completion of the transaction, the director now directly owns 14,400 shares in the company, valued at $199,152. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders have sold 15,095 shares of company stock valued at $207,972 over the last ninety days. Corporate insiders own 7.90% of the company’s stock.

Institutional investors have recently modified their holdings of the company. Airain ltd increased its stake in Big 5 Sporting Goods Corporation by 7.0% in the second quarter. Airain ltd now owns 63,350 shares of the company’s stock worth $827,000 after buying an additional 4,118 shares during the period. Prudential Financial Inc. increased its stake in Big 5 Sporting Goods Corporation by 170.2% in the second quarter. Prudential Financial Inc. now owns 188,489 shares of the company’s stock worth $2,460,000 after buying an additional 118,740 shares during the period. American Century Companies Inc. increased its stake in Big 5 Sporting Goods Corporation by 45.4% in the second quarter. American Century Companies Inc. now owns 450,950 shares of the company’s stock worth $5,885,000 after buying an additional 140,747 shares during the period. Symons Capital Management Inc. purchased a new stake in Big 5 Sporting Goods Corporation during the second quarter worth $181,000. Finally, KBC Group NV increased its stake in Big 5 Sporting Goods Corporation by 53.3% in the second quarter. KBC Group NV now owns 92,150 shares of the company’s stock worth $1,203,000 after buying an additional 32,022 shares during the period.

Big 5 Sporting Goods Corporation 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. 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.

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