Long-Time Horizon Analysis of Big 5 Sporting Goods Corp (BGFV) Stock

A share price of Big 5 Sporting Goods Corp [BGFV] is currently trading at $3.70, up 4.82%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The BGFV shares have gain 2.78% over the last week, with a monthly amount drifted -30.97%, and not seem to be holding up well over a long-time horizon.

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On 27, February 2024, Big 5 Sporting Goods Corporation Announces Fiscal 2023 Fourth Quarter and Full Year Results. In a post published today on Yahoo Finance, Declares Quarterly Cash Dividend of $0.05 Per Share.

From an analyst’s perspective:

Big 5 Sporting Goods Corp [NASDAQ: BGFV] stock has seen the most recent analyst activity on August 02, 2023, when Lake Street downgraded its rating to a Hold but kept the price target unchanged to $9.50 for it. Previously, Lake Street started tracking the stock with Buy rating on October 21, 2020, and set its price target to $15. On August 02, 2017, downgrade downgraded it’s rating to Hold and revised its price target to $10 on the stock. Deutsche Bank reiterated its Buy rating and increased its price target to $18 on November 02, 2016. Deutsche Bank upgraded its rating to a Buy and raised its price target to $16.50 on October 06, 2016. Deutsche Bank reiterated a Hold rating for this stock on August 03, 2016, and upped its price target to $10. In a note dated February 08, 2016, Stifel upgraded an Buy rating on this stock but restated the target price of $14.50.

Big 5 Sporting Goods Corp experienced fluctuations in its stock price throughout the past year between $3.48 and $9.99. Big 5 Sporting Goods Corp [NASDAQ: BGFV] shares were valued at $3.70 at the most recent close of the market.

Analyzing the BGFV fundamentals

Trailing Twelve Months sales for Big 5 Sporting Goods Corp [NASDAQ:BGFV] were 884.75M which represents -17.61% decline. Gross Profit Margin for this corporation currently stands at 0.32% with Operating Profit Margin at -0.01%, Pretax Profit Margin comes in at -0.01%, and Net Profit Margin reading is -0.01%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is -0.03 and Total Capital is -0.02. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.13.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 3.53 points at the first support level, and at 3.35 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.81, and for the 2nd resistance point, it is at 3.92.

Big 5 Sporting Goods Corp [BGFV] reported earnings per share of $0.08 for its fiscal quarter that ended on 9/29/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.16/share, meaning a difference of -$0.08 and a surprise factor of -50.00%. By comparison, the stated earnings for the previous quarter ended on 6/29/2023 were -$0.01 per share as compared to estimates of -$0.03 per share, a difference of $0.02 representing a surprise of 66.70%.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Big 5 Sporting Goods Corp [NASDAQ:BGFV] is 1.63. Further, the Quick Ratio stands at 0.18, while the Cash Ratio is 0.05. Considering the valuation of this stock, the price to sales ratio is 0.09, the price to book ratio is 0.34.

Transactions by insiders

Recent insider trading involved FRALEY JEFFREY L, Senior VP, Human Resources, that happened on May 30 ’23 when 3764.0 shares were sold. Senior VP, Operations, Starr Shane O completed a deal on May 04 ’23 to sell 3752.0 shares.

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