Big 5 Sporting Goods (NASDAQ:BGFV) issued an update on its fourth quarter earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of $0.78-0.81 for the period, compared to the Thomson Reuters consensus estimate of $0.57. The company issued revenue guidance of $290.5, compared to the consensus revenue estimate of $271.32 million.Big 5 Sporting Goods also updated its FY 2020
Pre-Market guidance to 2.53-2.56 EPS.

Several brokerages recently issued reports on BGFV. BidaskClub upgraded shares of Big 5 Sporting Goods from a hold rating to a buy rating in a research report on Tuesday, December 22nd. Lake Street Capital began coverage on shares of Big 5 Sporting Goods in a research note on Wednesday, October 21st. They set a buy rating and a $15.00 price objective for the company.

NASDAQ:BGFV opened at $11.62 on Thursday. The company’s 50 day moving average price is $10.17 and its 200-day moving average price is $7.30. Big 5 Sporting Goods has a 52 week low of $0.65 and a 52 week high of $13.95. The company has a quick ratio of 0.32, a current ratio of 1.38 and a debt-to-equity ratio of 0.01. The stock has a market cap of $254.56 million, a price-to-earnings ratio of 7.13 and a beta of 2.57.

Big 5 Sporting Goods (NASDAQ:BGFV) last issued its quarterly earnings results on Sunday, November 1st. The company reported $1.31 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.10 by $0.21. The business had revenue of $304.96 million for the quarter. Big 5 Sporting Goods had a net margin of 3.55% and a return on equity of 17.49%.

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 15th. Shareholders of record on Tuesday, December 1st were issued a $0.10 dividend. The ex-dividend date was Monday, November 30th. This represents a $0.40 dividend on an annualized basis and a yield of 3.44%. Big 5 Sporting Goods’s dividend payout ratio is currently 97.56%.

In other Big 5 Sporting Goods news, Director Van B. Honeycutt sold 8,045 shares of the business’s stock in a transaction dated Wednesday, December 23rd. The shares were sold at an average price of $12.01, for a total value of $96,620.45. Following the completion of the sale, the director now directly owns 83,553 shares of the company’s stock, valued at approximately $1,003,471.53. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, VP Shane O. Starr sold 7,500 shares of the business’s stock in a transaction dated Friday, November 20th. The shares were sold at an average price of $10.06, for a total transaction of $75,450.00. Following the completion of the sale, the vice president now owns 16,497 shares of the company’s stock, valued at approximately $165,959.82. The disclosure for this sale can be found here. Insiders sold a total of 23,045 shares of company stock valued at $232,670 over the last three months. Corporate insiders own 8.20% 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's products include 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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