Somewhat Favorable News Coverage Somewhat Unlikely to Impact Big 5 Sporting Goods (BGFV) Stock Price

Media coverage about Big 5 Sporting Goods (NASDAQ:BGFV) has been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies negative and positive press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Big 5 Sporting Goods earned a media sentiment score of 0.06 on Accern’s scale. Accern also gave media stories about the company an impact score of 48.02104805887 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

A number of research analysts recently weighed in on the stock. Zacks Investment Research raised shares of Big 5 Sporting Goods from a “hold” rating to a “strong-buy” rating and set a $9.25 target price for the company in a research report on Friday, May 4th. ValuEngine upgraded shares of Big 5 Sporting Goods from a “sell” rating to a “hold” rating in a research note on Wednesday, May 2nd. Finally, Deutsche Bank cut their target price on shares of Big 5 Sporting Goods from $7.50 to $5.00 and set a “hold” rating for the company in a research note on Wednesday, August 1st.

Shares of Big 5 Sporting Goods traded up $0.10, reaching $5.75, during mid-day trading on Friday, according to Marketbeat Ratings. 130,448 shares of the company were exchanged, compared to its average volume of 287,557. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.22 and a current ratio of 2.20. The stock has a market cap of $121.09 million, a PE ratio of 10.09 and a beta of -0.69. Big 5 Sporting Goods has a twelve month low of $5.05 and a twelve month high of $9.75.

Big 5 Sporting Goods (NASDAQ:BGFV) last posted its earnings results on Tuesday, July 31st. The company reported ($0.01) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.12). The company had revenue of $239.95 million for the quarter, compared to analyst estimates of $249.73 million. Big 5 Sporting Goods had a positive return on equity of 1.35% and a negative net margin of 0.87%. analysts predict that Big 5 Sporting Goods will post 0.27 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Friday, September 14th. Stockholders of record on Friday, August 31st will be paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 10.43%. The ex-dividend date of this dividend is Thursday, August 30th. Big 5 Sporting Goods’s dividend payout ratio is presently 105.26%.

In other news, Director Sandra N. Bane sold 6,000 shares of the firm’s stock in a transaction dated Friday, May 25th. The shares were sold at an average price of $8.43, for a total transaction of $50,580.00. Following the completion of the sale, the director now owns 31,839 shares in the company, valued at approximately $268,402.77. The transaction was disclosed in a filing with the SEC, which is accessible through this link. In the last 90 days, insiders have sold 9,389 shares of company stock valued at $79,032. 7.30% of the stock is currently owned by corporate insiders.

Big 5 Sporting Goods Company Profile

Big 5 Sporting Goods Corporation operates as a sporting goods retailer in the western United States. The company offers athletic shoes, apparel, and accessories, as well as a selection of outdoor and athletic equipment for team sports, fitness, camping, hunting, fishing, tennis, golf, winter and summer recreation, and roller sports.

Recommended Story: NASDAQ Stock Market Explained

Insider Buying and Selling by Quarter for Big 5 Sporting Goods (NASDAQ:BGFV)

Receive News & Ratings for Big 5 Sporting Goods Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Big 5 Sporting Goods and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply