Is Big 5 Sporting Goods Corp (BGFV) Stock a Good Buy for Short-term Investors?

At the time of writing, Big 5 Sporting Goods Corp [BGFV] stock is trading at $1.53, up 51.49%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The BGFV shares have gain 67.84% over the last week, with a monthly amount glided 81.15%, and seem to be holding up well over a long-time horizon.

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.

For the past year, the stock price of Big 5 Sporting Goods Corp fluctuated between $0.80 and $4.10. Big 5 Sporting Goods Corp [NASDAQ: BGFV] shares were valued at $1.53 at the most recent close of the market.

Analyzing the BGFV fundamentals

According to Big 5 Sporting Goods Corp [NASDAQ:BGFV], the company’s sales were 777.69M for trailing twelve months, which represents an -9.19% plunge. Gross Profit Margin for this corporation currently stands at 0.29% with Operating Profit Margin at -0.08%, Pretax Profit Margin comes in at -0.08%, and Net Profit Margin reading is -0.1%. To continue investigating profitability, this company’s Return on Assets is posted at -0.12, Equity is -0.41 and Total Capital is -0.15. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.94.

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 1.1000 points at the first support level, and at 0.6700 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.8700, and for the 2nd resistance point, it is at 2.2100.

Ratios To Look Out For

It is important to note that Big 5 Sporting Goods Corp [NASDAQ:BGFV] has a current ratio of 1.38. In addition, the Quick Ratio stands at 0.09 and the Cash Ratio stands at 0.02. Considering the valuation of this stock, the price to sales ratio is 0.04, the price to book ratio is 0.22.

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