Big 5 Sporting Goods Co. (NASDAQ:BGFV) Director Van B. Honeycutt bought 32,000 shares of Big 5 Sporting Goods stock in a transaction that occurred on Friday, March 9th. The shares were acquired at an average price of $6.18 per share, with a total value of $197,760.00. Following the completion of the transaction, the director now owns 18,600 shares of the company’s stock, valued at $114,948. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
Big 5 Sporting Goods Co. (NASDAQ:BGFV) opened at $6.15 on Friday. Big 5 Sporting Goods Co. has a fifty-two week low of $5.05 and a fifty-two week high of $17.10. The company has a quick ratio of 0.20, a current ratio of 1.91 and a debt-to-equity ratio of 0.26. The stock has a market capitalization of $130.82, a PE ratio of 11.18 and a beta of -0.46.
Big 5 Sporting Goods (NASDAQ:BGFV) last posted its quarterly earnings data on Tuesday, February 27th. The company reported ($0.10) earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of ($0.10). Big 5 Sporting Goods had a return on equity of 5.97% and a net margin of 0.11%. The firm had revenue of $242.89 million during the quarter, compared to analysts’ expectations of $262.18 million. During the same period in the prior year, the business earned $0.35 EPS. The company’s revenue for the quarter was down 8.8% compared to the same quarter last year. research analysts anticipate that Big 5 Sporting Goods Co. will post 0.56 earnings per share for the current fiscal year.
Several institutional investors and hedge funds have recently bought and sold shares of BGFV. GMT Capital Corp purchased a new position in shares of Big 5 Sporting Goods in the 3rd quarter worth about $4,566,000. Guggenheim Capital LLC boosted its holdings in shares of Big 5 Sporting Goods by 102.7% in the 4th quarter. Guggenheim Capital LLC now owns 605,285 shares of the company’s stock worth $4,600,000 after purchasing an additional 306,723 shares in the last quarter. Icon Advisers Inc. Co. purchased a new position in shares of Big 5 Sporting Goods in the 4th quarter worth about $2,244,000. Pacific Ridge Capital Partners LLC boosted its holdings in shares of Big 5 Sporting Goods by 41.5% in the 4th quarter. Pacific Ridge Capital Partners LLC now owns 665,815 shares of the company’s stock worth $5,060,000 after purchasing an additional 195,430 shares in the last quarter. Finally, Vanguard Group Inc. boosted its holdings in shares of Big 5 Sporting Goods by 17.3% in the 2nd quarter. Vanguard Group Inc. now owns 1,186,065 shares of the company’s stock worth $15,478,000 after purchasing an additional 174,942 shares in the last quarter. Hedge funds and other institutional investors own 91.74% of the company’s stock.
Several research firms recently commented on BGFV. ValuEngine upgraded Big 5 Sporting Goods from a “sell” rating to a “hold” rating in a research report on Wednesday. Zacks Investment Research cut Big 5 Sporting Goods from a “hold” rating to a “sell” rating in a research report on Wednesday, February 28th. Two investment analysts have rated the stock with a sell rating and three have issued a hold rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $8.67.
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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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