News articles about Big 5 Sporting Goods Corporation (NASDAQ:BGFV) have trended somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Big 5 Sporting Goods Corporation earned a news sentiment score of 0.19 on Accern’s scale. Accern also gave news stories about the company an impact score of 45.6130635984169 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the media stories that may have effected Accern Sentiment Analysis’s analysis:
Shares of Big 5 Sporting Goods Corporation (NASDAQ:BGFV) traded down 2.74% during mid-day trading on Friday, hitting $7.10. The stock had a trading volume of 964,684 shares. The stock’s 50-day moving average price is $7.51 and its 200-day moving average price is $11.03. Big 5 Sporting Goods Corporation has a 52-week low of $6.80 and a 52-week high of $20.35. The firm has a market cap of $154.40 million, a PE ratio of 6.53 and a beta of -0.11.
Big 5 Sporting Goods Corporation (NASDAQ:BGFV) last announced its earnings results on Tuesday, August 1st. The company reported $0.13 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.19 by ($0.06). Big 5 Sporting Goods Corporation had a net margin of 2.30% and a return on equity of 11.86%. The company had revenue of $243.67 million during the quarter, compared to analyst estimates of $251.03 million. During the same quarter last year, the business earned $0.11 EPS. The firm’s revenue for the quarter was up .9% compared to the same quarter last year. On average, analysts anticipate that Big 5 Sporting Goods Corporation will post $0.96 earnings per share for the current fiscal year.
A number of equities research analysts recently weighed in on the company. Zacks Investment Research lowered Big 5 Sporting Goods Corporation from a “strong-buy” rating to a “sell” rating in a research report on Tuesday, July 4th. BidaskClub downgraded Big 5 Sporting Goods Corporation from a “sell” rating to a “strong sell” rating in a research note on Saturday, July 8th. Deutsche Bank AG downgraded Big 5 Sporting Goods Corporation from a “buy” rating to a “hold” rating and dropped their price target for the stock from $20.00 to $10.00 in a research note on Wednesday, August 2nd. ValuEngine downgraded Big 5 Sporting Goods Corporation from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, August 1st. Finally, Forward View reaffirmed a “hold” rating and set a $11.00 price target on shares of Big 5 Sporting Goods Corporation in a research note on Tuesday, August 8th. One analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $9.00.
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In other Big 5 Sporting Goods Corporation news, Director Van B. Honeycutt purchased 48,000 shares of the stock in a transaction that occurred on Friday, August 18th. The shares were purchased at an average cost of $7.71 per share, for a total transaction of $370,080.00. Following the completion of the transaction, the director now owns 18,600 shares of the company’s stock, valued at approximately $143,406. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 7.90% of the stock is owned by company insiders.
About Big 5 Sporting Goods Corporation
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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