Big 5 Sporting Goods (BGFV) Sets New 12-Month Low at $3.18

Shares of Big 5 Sporting Goods Co. (NASDAQ:BGFV) reached a new 52-week low on Thursday . The company traded as low as $3.18 and last traded at $3.34, with a volume of 10025 shares traded. The stock had previously closed at $3.31.

Several analysts have recently commented on BGFV shares. ValuEngine cut Big 5 Sporting Goods from a “sell” rating to a “strong sell” rating in a report on Thursday, September 13th. Deutsche Bank set a $4.00 price target on Big 5 Sporting Goods and gave the company a “hold” rating in a report on Wednesday, October 31st.

The company has a debt-to-equity ratio of 0.49, a current ratio of 2.36 and a quick ratio of 0.22. The firm has a market cap of $72.64 million, a P/E ratio of 5.79 and a beta of -0.43.

Big 5 Sporting Goods (NASDAQ:BGFV) last posted its quarterly earnings results on Tuesday, October 30th. The company reported $0.15 EPS for the quarter, missing the consensus estimate of $0.19 by ($0.04). The business had revenue of $266.35 million during the quarter, compared to analyst estimates of $277.63 million. Big 5 Sporting Goods had a negative net margin of 1.16% and a negative return on equity of 0.15%. Research analysts anticipate that Big 5 Sporting Goods Co. will post -0.12 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 14th. Stockholders of record on Friday, November 30th will be issued a $0.05 dividend. The ex-dividend date is Thursday, November 29th. This represents a $0.20 annualized dividend and a dividend yield of 6.06%. Big 5 Sporting Goods’s dividend payout ratio is currently 35.09%.

Institutional investors and hedge funds have recently bought and sold shares of the company. SG Americas Securities LLC acquired a new stake in shares of Big 5 Sporting Goods in the 3rd quarter valued at approximately $100,000. Jane Street Group LLC acquired a new stake in shares of Big 5 Sporting Goods in the 3rd quarter valued at approximately $103,000. GSA Capital Partners LLP acquired a new stake in shares of Big 5 Sporting Goods in the 2nd quarter valued at approximately $280,000. KBC Group NV increased its stake in Big 5 Sporting Goods by 33.7% in the 2nd quarter. KBC Group NV now owns 120,735 shares of the company’s stock valued at $918,000 after purchasing an additional 30,430 shares in the last quarter. Finally, Millennium Management LLC purchased a new position in Big 5 Sporting Goods in the 2nd quarter valued at approximately $934,000. 67.87% of the stock is owned by institutional investors and hedge funds.

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About Big 5 Sporting Goods (NASDAQ:BGFV)

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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