Big 5 Sporting Goods Corp (NASDAQ:BGFV) does about 282.62K shares in volume on a normal day but saw 2566947 shares change hands in the recent trading day. The company now has a market cap of 32.46M USD. Its current market price is $1.42, marking an increase of 19.33% compared to the previous close of $1.19. The 52 week high reached by this stock is $3.14 whilst the lowest price level in 52 weeks is $0.80.
The consensus objective for the share price is $4.50, suggesting that the stock has a potential upside of 68.44% over the period.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on August 02, 2023 when Lake Street downgraded the stock to “Hold” and issued a price target of $9.50. Deutsche Bank downgraded its price target at $20-$10.
The current price level is 15.59%, 26.84%, and -3.47% away from its SMA20, SMA50, and SMA200 respectively, with the BGFV price moving below the 50-day SMA on current market day. Big 5 Sporting Goods Corp (BGFV) stock is up 22.41% over the week and 18.33% over the past month. Its price is -53.75% year-to-date and -20.67% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.
To reach the target analysts have set, the stock logically needs to grow 68.44 percent from here.
Outstanding shares total 22.86M with insiders holding 6.11% of the shares and institutional holders owning 15.33% of the company’s common stock. The company has a return on investment of -19.81% and return on equity of -39.57%. The beta has a value of 1.96. Price to book ratio is 0.20 and price to sales ratio is 0.04.
