Big 5 Sporting Goods (BGFV) to Release Earnings on Tuesday

Big 5 Sporting Goods (NASDAQ:BGFV) will be issuing its quarterly earnings data after the market closes on Tuesday, April 30th. Big 5 Sporting Goods has set its Q1 2024 guidance at -0.400–0.300 EPS.

Big 5 Sporting Goods (NASDAQ:BGFV) last announced its quarterly earnings data on Tuesday, February 27th. The company reported ($0.41) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.39) by ($0.02). Big 5 Sporting Goods had a negative net margin of 0.80% and a negative return on equity of 2.77%. The firm had revenue of $196.35 million for the quarter.

Big 5 Sporting Goods Trading Down 1.2 %

Shares of BGFV stock traded down $0.04 on Wednesday, hitting $3.29. 15,061 shares of the company’s stock traded hands, compared to its average volume of 400,663. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.18 and a current ratio of 1.63. The stock has a market capitalization of $73.83 million, a price-to-earnings ratio of -9.94 and a beta of 2.35. The company’s fifty day simple moving average is $4.02 and its 200 day simple moving average is $5.32. Big 5 Sporting Goods has a one year low of $3.00 and a one year high of $9.99.

Big 5 Sporting Goods Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 22nd. Stockholders of record on Friday, March 8th were issued a $0.05 dividend. The ex-dividend date of this dividend was Thursday, March 7th. This represents a $0.20 annualized dividend and a dividend yield of 6.08%. Big 5 Sporting Goods’s dividend payout ratio is currently -60.61%.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the company. TheStreet cut Big 5 Sporting Goods from a “c” rating to a “d+” rating in a research note on Wednesday, February 28th. StockNews.com lowered shares of Big 5 Sporting Goods from a “hold” rating to a “sell” rating in a report on Wednesday, April 17th.

About Big 5 Sporting Goods

Big 5 Sporting Goods Corporation operates as a sporting goods retailer in the western United States. Its products include athletic shoes, apparel, and accessories. The company also offers a selection of outdoor and athletic equipment for team sports, fitness, camping, hunting, fishing, tennis, golf, and winter and summer recreation, as well as home recreation.