Somewhat Favorable News Coverage Somewhat Unlikely to Impact Big 5 Sporting Goods Corporation (BGFV) Share Price
Media headlines about Big 5 Sporting Goods Corporation (NASDAQ:BGFV) have trended somewhat positive recently, Accern reports. The research firm identifies negative and positive media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Big 5 Sporting Goods Corporation earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 46.2569748737213 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the news articles that may have effected Accern Sentiment Analysis’s analysis:
- Big 5 Sporting Goods Corp (BGFV) Needle Moving on Volume – FLBC News (flbcnews.com)
- Big 5 Sporting Has Returned 43.2% Since SmarTrend Recommendation (BGFV) (mysmartrend.com)
- Big 5 Sporting Goods Corporatio (NASDAQ:BGFV) Traded -28.2% Below Its 50 Day Average (highlightpress.com)
- Big 5 Sporting Goods Corp Valuation – Initial Coverage $BGFV (moderngraham.com)
- Restaurant Brands International Inc. (QSR) is at $60.66 per share and Big 5 Sporting Goods Corporation (BGFV) is … – Stocks Gallery (stocksgallery.com)
Shares of Big 5 Sporting Goods Corporation (NASDAQ BGFV) opened at 7.95 on Friday. The firm has a market capitalization of $172.88 million, a price-to-earnings ratio of 7.31 and a beta of -0.09. Big 5 Sporting Goods Corporation has a 12-month low of $7.35 and a 12-month high of $20.35. The firm’s 50-day moving average is $10.01 and its 200-day moving average is $13.33.
Big 5 Sporting Goods Corporation (NASDAQ:BGFV) last issued its quarterly earnings data on Tuesday, August 1st. The company reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.19 by $0.06. The business had revenue of $243.67 million for the quarter, compared to the consensus estimate of $251.03 million. Big 5 Sporting Goods Corporation had a net margin of 2.30% and a return on equity of 11.86%. Big 5 Sporting Goods Corporation’s revenue was up .9% compared to the same quarter last year. During the same period in the previous year, the business posted $0.11 EPS. Equities research analysts forecast that Big 5 Sporting Goods Corporation will post $0.93 EPS for the current fiscal year.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 15th. Investors of record on Friday, September 1st will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 7.55%. The ex-dividend date is Wednesday, August 30th. Big 5 Sporting Goods Corporation’s payout ratio is presently 54.55%.
BGFV has been the subject of a number of research analyst reports. Forward View reaffirmed a “hold” rating and set a $11.00 price objective on shares of Big 5 Sporting Goods Corporation in a research report on Tuesday, August 8th. BidaskClub cut shares of Big 5 Sporting Goods Corporation from a “sell” rating to a “strong sell” rating in a research report on Saturday, July 8th. Zacks Investment Research cut shares of Big 5 Sporting Goods Corporation from a “hold” rating to a “strong sell” rating in a research report on Friday, August 4th. ValuEngine cut shares of Big 5 Sporting Goods Corporation from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, August 1st. Finally, Deutsche Bank AG reaffirmed a “buy” rating and set a $20.00 price objective (up previously from $18.00) on shares of Big 5 Sporting Goods Corporation in a research report on Wednesday, May 3rd. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the company’s stock. Big 5 Sporting Goods Corporation presently has an average rating of “Hold” and a consensus price target of $12.67.
In other Big 5 Sporting Goods Corporation news, Director Van B. Honeycutt acquired 48,000 shares of the business’s stock in a transaction that occurred on Friday, August 18th. The shares were purchased at an average price of $7.71 per share, with a total value of $370,080.00. Following the completion of the transaction, the director now owns 18,600 shares in the company, valued at $143,406. The acquisition was disclosed in a document filed with the SEC, which is available at this link. 7.90% of the stock is currently 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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