Big 5 Sporting Goods (NASDAQ:BGFV) was upgraded by equities researchers at ValuEngine from a “strong sell” rating to a “sell” rating in a research report issued to clients and investors on Tuesday, ValuEngine reports.

BGFV has been the topic of a number of other reports. Zacks Investment Research upgraded shares of Big 5 Sporting Goods from a “hold” rating to a “buy” rating and set a $4.25 price objective on the stock in a research note on Wednesday, January 16th. TheStreet downgraded shares of Big 5 Sporting Goods from a “c-” rating to a “d+” rating in a research note on Monday, January 14th.

NASDAQ BGFV opened at $2.76 on Tuesday. The company has a debt-to-equity ratio of 1.46, a quick ratio of 0.10 and a current ratio of 1.42. Big 5 Sporting Goods has a 52-week low of $2.22 and a 52-week high of $9.75. The company has a market cap of $59.68 million, a PE ratio of -34.50 and a beta of 0.41.

Big 5 Sporting Goods (NASDAQ:BGFV) last released its quarterly earnings data on Tuesday, April 30th. The company reported $0.10 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.08 by $0.02. Big 5 Sporting Goods had a negative net margin of 0.06% and a positive return on equity of 0.81%. The firm had revenue of $245.29 million for the quarter, compared to the consensus estimate of $246.64 million. On average, equities analysts predict that Big 5 Sporting Goods will post 0.04 earnings per share for the current year.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in BGFV. Commonwealth Equity Services LLC purchased a new stake in Big 5 Sporting Goods during the first quarter valued at approximately $31,000. FNY Investment Advisers LLC lifted its position in Big 5 Sporting Goods by 909.6% during the fourth quarter. FNY Investment Advisers LLC now owns 15,628 shares of the company’s stock valued at $40,000 after acquiring an additional 14,080 shares during the last quarter. Paloma Partners Management Co purchased a new stake in Big 5 Sporting Goods during the fourth quarter valued at approximately $46,000. Spark Investment Management LLC purchased a new stake in Big 5 Sporting Goods during the first quarter valued at approximately $47,000. Finally, Virtu Financial LLC purchased a new stake in Big 5 Sporting Goods during the fourth quarter valued at approximately $81,000. Hedge funds and other institutional investors own 54.27% of the company’s stock.

About Big 5 Sporting Goods

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.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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