Media stories about Big 5 Sporting Goods (NASDAQ:BGFV) have been trending somewhat positive this week, according to Accern Sentiment. Accern identifies positive and negative news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Big 5 Sporting Goods earned a media sentiment score of 0.10 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 45.290692901685 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the news stories that may have effected Accern Sentiment’s analysis:
BGFV has been the topic of a number of research analyst reports. ValuEngine upgraded Big 5 Sporting Goods from a “hold” rating to a “buy” rating in a report on Thursday, October 5th. Zacks Investment Research upgraded Big 5 Sporting Goods from a “strong sell” rating to a “hold” rating in a report on Tuesday, October 3rd. Finally, Forward View restated a “hold” rating and set a $8.00 price target on shares of Big 5 Sporting Goods in a report on Sunday, September 3rd. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $9.00.
Big 5 Sporting Goods (NASDAQ BGFV) remained flat at $$7.40 during trading on Thursday. 849,000 shares of the company were exchanged, compared to its average volume of 793,594. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.16 and a current ratio of 2.07. The firm has a market capitalization of $159.63, a P/E ratio of 7.55 and a beta of -0.07. Big 5 Sporting Goods has a 1 year low of $6.00 and a 1 year high of $18.80.
Big 5 Sporting Goods (NASDAQ:BGFV) last posted its quarterly earnings data on Tuesday, October 31st. The company reported $0.28 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.28. The business had revenue of $270.47 million for the quarter, compared to analysts’ expectations of $272.27 million. Big 5 Sporting Goods had a return on equity of 10.37% and a net margin of 2.11%. The business’s revenue was down 3.1% on a year-over-year basis. During the same period in the previous year, the firm posted $0.38 EPS. research analysts forecast that Big 5 Sporting Goods will post 0.88 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Friday, December 1st will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Thursday, November 30th. This represents a $0.60 annualized dividend and a yield of 8.11%. Big 5 Sporting Goods’s payout ratio is 60.00%.
In other news, Director Van B. Honeycutt acquired 43,000 shares of the business’s stock in a transaction on Thursday, November 30th. The shares were acquired at an average cost of $7.26 per share, with a total value of $312,180.00. Following the transaction, the director now owns 18,600 shares in the company, valued at approximately $135,036. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 7.90% of the company’s stock.
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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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