Big 5 Sporting Goods Corporation (NASDAQ:BGFV) has earned a consensus rating of “Hold” from the six brokerages that are presently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company. The average 1 year price target among brokerages that have covered the stock in the last year is $9.00.

A number of brokerages recently weighed in on BGFV. ValuEngine raised shares of Big 5 Sporting Goods from a “hold” rating to a “buy” rating in a research report on Thursday, October 5th. Zacks Investment Research raised shares of Big 5 Sporting Goods from a “strong sell” rating to a “hold” rating in a research report on Tuesday, October 3rd. Forward View reissued a “hold” rating and issued a $8.00 price target on shares of Big 5 Sporting Goods in a research report on Sunday, September 3rd. Finally, TheStreet cut shares of Big 5 Sporting Goods from a “b-” rating to a “c” rating in a research report on Wednesday, August 9th.

In other Big 5 Sporting Goods news, Director Van B. Honeycutt bought 43,000 shares of Big 5 Sporting Goods stock in a transaction dated Thursday, November 30th. The stock was acquired at an average cost of $7.26 per share, with a total value of $312,180.00. Following the completion of the acquisition, the director now owns 18,600 shares of the company’s stock, valued at $135,036. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. 7.90% of the stock is currently owned by corporate insiders.

Several institutional investors have recently modified their holdings of the company. BNP Paribas Arbitrage SA grew its position in Big 5 Sporting Goods by 45.4% during the second quarter. BNP Paribas Arbitrage SA now owns 7,954 shares of the company’s stock worth $104,000 after buying an additional 2,482 shares during the period. Alliancebernstein L.P. acquired a new position in Big 5 Sporting Goods during the second quarter worth about $133,000. Private Advisor Group LLC acquired a new position in Big 5 Sporting Goods during the third quarter worth about $165,000. Texas Permanent School Fund grew its position in Big 5 Sporting Goods by 1.4% during the second quarter. Texas Permanent School Fund now owns 13,102 shares of the company’s stock worth $171,000 after buying an additional 185 shares during the period. Finally, Symons Capital Management Inc. acquired a new position in Big 5 Sporting Goods during the second quarter worth about $181,000.

Big 5 Sporting Goods (NASDAQ BGFV) opened at $7.12 on Monday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.16 and a current ratio of 2.07. The company has a market cap of $152.67, a price-to-earnings ratio of 7.27 and a beta of -0.07. Big 5 Sporting Goods has a 12 month low of $6.00 and a 12 month high of $19.00.

Big 5 Sporting Goods (NASDAQ:BGFV) last issued its earnings results on Tuesday, October 31st. The company reported $0.28 EPS for the quarter, hitting analysts’ consensus estimates of $0.28. The firm had revenue of $270.47 million during the quarter, compared to the consensus estimate of $272.27 million. Big 5 Sporting Goods had a net margin of 2.11% and a return on equity of 10.37%. The company’s revenue was down 3.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.38 earnings per share. analysts expect that Big 5 Sporting Goods will post 0.88 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Friday, December 1st will be issued a $0.15 dividend. The ex-dividend date of this dividend is Thursday, November 30th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 8.43%. Big 5 Sporting Goods’s payout ratio is 60.00%.

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About Big 5 Sporting Goods

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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