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

Big 5 Sporting Goods Corporation (NASDAQ:BGFV) will release its earnings data after the market closes on Tuesday, August 1st. Analysts expect Big 5 Sporting Goods Corporation to post earnings of $0.19 per share for the quarter. Big 5 Sporting Goods Corporation has set its Q2 guidance at $0.14-$0.20 EPS.

Big 5 Sporting Goods Corporation (NASDAQ:BGFV) last announced its earnings results on Tuesday, May 2nd. The company reported $0.24 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.14 by $0.10. The company had revenue of $252.60 million during the quarter, compared to analysts’ expectations of $244.29 million. Big 5 Sporting Goods Corporation had a net margin of 2.24% and a return on equity of 11.82%. On average, analysts expect Big 5 Sporting Goods Corporation to post $1.16 EPS for the current fiscal year and $1.23 EPS for the next fiscal year.

Shares of Big 5 Sporting Goods Corporation (BGFV) opened at 10.85 on Friday. The company has a market cap of $235.92 million, a PE ratio of 10.26 and a beta of -0.05. Big 5 Sporting Goods Corporation has a 12 month low of $10.01 and a 12 month high of $20.35. The stock has a 50 day moving average of $12.61 and a 200-day moving average of $14.30.

BGFV has been the subject of several research reports. Zacks Investment Research downgraded Big 5 Sporting Goods Corporation from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 2nd. Deutsche Bank AG reiterated a “buy” rating and set a $20.00 price target (up previously from $18.00) on shares of Big 5 Sporting Goods Corporation in a research note on Wednesday, May 3rd. BidaskClub downgraded Big 5 Sporting Goods Corporation from a “sell” rating to a “strong sell” rating in a research note on Saturday, July 8th. Finally, Forward View set a $14.00 price target on Big 5 Sporting Goods Corporation and gave the stock a “hold” rating in a research note on Sunday, May 28th. Two equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and two have assigned a buy rating to the stock. Big 5 Sporting Goods Corporation has a consensus rating of “Hold” and a consensus target price of $17.00.

In other Big 5 Sporting Goods Corporation news, Director Van B. Honeycutt sold 12,000 shares of the firm’s stock in a transaction dated Friday, May 26th. The stock was sold at an average price of $13.83, for a total value of $165,960.00. Following the completion of the transaction, the director now owns 14,400 shares in the company, valued at approximately $199,152. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, VP Gary S. Meade sold 1,865 shares of the firm’s stock in a transaction dated Tuesday, May 9th. The stock was sold at an average price of $14.57, for a total value of $27,173.05. Following the completion of the transaction, the vice president now owns 18,093 shares of the company’s stock, valued at approximately $263,615.01. The disclosure for this sale can be found here. In the last 90 days, insiders sold 19,960 shares of company stock valued at $279,576. 7.90% of the stock is owned by corporate insiders.

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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.

Earnings History for Big 5 Sporting Goods Corporation (NASDAQ:BGFV)

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