Shares of Big 5 Sporting Goods Co. (NASDAQ:BGFV) have earned an average rating of “Hold” from the six research firms that are covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell rating and four have issued a hold rating on the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $9.00.
A number of analysts have commented on BGFV shares. ValuEngine raised shares of Big 5 Sporting Goods from a “hold” rating to a “buy” rating in a research note on Thursday, October 5th. Zacks Investment Research raised shares of Big 5 Sporting Goods from a “hold” rating to a “buy” rating and set a $8.00 price objective for the company in a research note on Wednesday, January 3rd.
In other news, Director Van B. Honeycutt acquired 43,000 shares of Big 5 Sporting Goods stock in a transaction on Thursday, November 30th. The stock was bought at an average cost of $7.26 per share, with a total value of $312,180.00. Following the completion of the purchase, the director now owns 18,600 shares of the company’s stock, valued at $135,036. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. 7.90% of the stock is currently owned by corporate insiders.
Big 5 Sporting Goods (NASDAQ BGFV) traded up $0.10 during mid-day trading on Tuesday, reaching $6.20. 793,600 shares of the company’s stock were exchanged, compared to its average volume of 1,914,993. The company has a quick ratio of 0.16, a current ratio of 2.07 and a debt-to-equity ratio of 0.24. Big 5 Sporting Goods has a 52 week low of $6.00 and a 52 week high of $17.10. The stock has a market capitalization of $132.31, a price-to-earnings ratio of 6.20 and a beta of -0.07.
Big 5 Sporting Goods (NASDAQ:BGFV) last posted its quarterly earnings data on Tuesday, October 31st. The company reported $0.28 EPS for the quarter, meeting analysts’ consensus estimates of $0.28. Big 5 Sporting Goods had a net margin of 2.11% and a return on equity of 10.37%. The company had revenue of $270.47 million during the quarter, compared to analyst estimates of $272.27 million. During the same period in the prior year, the firm earned $0.38 earnings per share. The business’s quarterly revenue was down 3.1% on a year-over-year basis. analysts forecast that Big 5 Sporting Goods will post 0.88 EPS for the current year.
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Big 5 Sporting Goods 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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