Big 5 Sporting Goods Corporation (NASDAQ:BGFV) does about 2.23M shares in volume on a normal day but saw 1271885 shares change hands in Friday trading. The company now has a market cap of 149.13M USD and an enterprise value of about $460.12M. Its current market price is $6.25, marking a decrease of -8.22% compared to the previous close of $6.81. The 52 week high reached by this stock is $8.47 whilst the lowest price level in 52 weeks is $0.65. The script in recent trading has seen the stock touch a high of $6.89 and a low of $6.21.
Big 5 Sporting Goods Corporation (BGFV) has a 20-day trading average at $6.21 and the current price is -26.21% off the 52-week high compared with 861.54% distance from its 52-week low. The 50-day simple moving average of the closing price is $3.97 and its 200-day simple moving average is $2.74. If we look at the stock’s price movements over the week, volatility stands at 8.57%, which increases to 13.45% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 57.54 to suggest the stock is neutral.
1 analysts observing the Big 5 Sporting Goods Corporation (BGFV) stock have set the 12-month price targets for the company’s shares at between $4.00 and $4.00. The median price target is -56.25% away from the current levels at $4.00.
FactSet Research has provided data showing that 1 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 0 analysts have rated it as a buy and 1 have advised that investors hold their positions. The consensus recommendation rating is Hold and Wall Street’s advice is for investors to Hold the stock.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on August 02, 2017 when Deutsche Bank downgraded the stock to “Hold” and issued a price target of between $20 and $10. Deutsche Bank upgraded its price target at $10-$16.50.
The current price level is 2.15%, 60.82%, and 129.36% away from its SMA20, SMA50, and SMA200 respectively, with the BGFV price moving below the 50-day SMA on August 21. Big 5 Sporting Goods Corporation (BGFV) stock is down -6.02% over the week and 55.86% over the past month. Its price is 108.33% year-to-date and 217.26% over the past year.
The stock last released its quarterly earnings report for quarter ended 6/29/2019, with the company’s earnings per share (EPS) of $0.03 below consensus estimates by $0. The company’s next earnings report is expected on 11/03/2020. Expected sales for next quarter are $244.09 million, which analysts say will come at $996.5 million for the current fiscal year and next year at $1 billion. In addition, estimates put the company’s current quarterly revenue at an average of $265.99 million.
Its 12-month price target is $4.00. Of course, the average price target is just what the average analysts believe a stock will be worth in the next 52 weeks, and is only one metric. There are analysts with lower targets than the average, including one bearish Wall Street research firm advocating investors to wait for the price to pull back to $4.00, given the recent momentum. And then, on the bullish side of things, one analyst is expecting the stock to peak at $4.00.
Outstanding shares total 21.25M with insiders holding 7.74% of the shares and institutional holders owning 43.33% of the company’s common stock. The company has a return on investment of 4.50% and return on equity of 7.30%. The price to earnings ratio (P/E ratio) amounts to 10.03. The beta has a value of 2.64. Price to book ratio is 0.71 and price to sales ratio is 0.16.
According to a U.S. Securities and Exchange Commission filing, Vanguard Total Stock Market Index has reduced its position in Big 5 Sporting Goods Corporation (BGFV) to 576,882 shares, mirroring a recent drop by 0.00%. Vanguard Total Stock Market Index dumped 0.0 shares of Big 5 Sporting Goods Corporation common stock bringing its total worth to about $3.23 million at the end of recent close, SEC documents show. Vanguard Total Stock Market Index isn’t the only investment manager who changed stakes and is followed by DFA US Core Equity 2 Portfolio, which sold off 7379.0 shares to end up with 392,339 shares worth $2.2 million. DFA US Core Equity 1 Portfolio cut their holdings by 0.00% in the company over the course of the most recent quarter. It now holds a 1.65% position in Big 5 Sporting Goods Corporation thanks to 0.36 million shares amounting to $2.02 million.