Big 5 Sporting Goods Corporation (BGFV) Earning Somewhat Positive Press Coverage, Accern Reports
Headlines about Big 5 Sporting Goods Corporation (NASDAQ:BGFV) have been trending somewhat positive recently, according to Accern Sentiment. The research group scores the sentiment of press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Big 5 Sporting Goods Corporation earned a daily sentiment score of 0.11 on Accern’s scale. Accern also gave media headlines about the company an impact score of 46.9263172313877 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Here are some of the news stories that may have effected Accern’s analysis:
- Big 5 Sporting Goods Corporation Expected to Post FY2017 Earnings of $0.88 Per Share (BGFV) (americanbankingnews.com)
- Big 5 Sporting Goods Corporation (BGFV) Cut to Strong Sell at Zacks Investment Research (americanbankingnews.com)
- Big 5 Sporting Goods Corp.: Strong price momentum but will it sustain? (finance.yahoo.com)
- Big 5’s Third Quarter Was Very Typical (seekingalpha.com)
- Analysis and Stocks Valuation: Big 5 Sporting Goods Corporation (NASDAQ:BGFV), CBL & Associates Properties, Inc … – Market Breaking Point (press release) (journalfinance.net)
Shares of Big 5 Sporting Goods Corporation (BGFV) traded down $0.50 during trading on Monday, reaching $6.05. The company had a trading volume of 2,416,018 shares, compared to its average volume of 992,003. Big 5 Sporting Goods Corporation has a 12 month low of $6.25 and a 12 month high of $20.35. The stock has a market cap of $140.35, a PE ratio of 6.68, a price-to-earnings-growth ratio of 0.81 and a beta of -0.24. The company has a quick ratio of 0.16, a current ratio of 2.07 and a debt-to-equity ratio of 0.24.
Big 5 Sporting Goods Corporation (NASDAQ:BGFV) last announced its quarterly earnings data on Tuesday, October 31st. The company reported $0.28 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.28. The business had revenue of $270.47 million during the quarter, compared to analysts’ expectations of $272.27 million. Big 5 Sporting Goods Corporation had a return on equity of 10.37% and a net margin of 2.11%. The business’s quarterly revenue was down 3.1% compared to the same quarter last year. During the same quarter last year, the business posted $0.38 EPS. equities research analysts anticipate that Big 5 Sporting Goods Corporation will post 0.9 EPS for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Friday, December 1st will be paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 9.92%. The ex-dividend date is Thursday, November 30th. Big 5 Sporting Goods Corporation’s payout ratio is presently 60.00%.
A number of brokerages recently commented on BGFV. Deutsche Bank AG cut Big 5 Sporting Goods Corporation from a “buy” rating to a “hold” rating and lowered their target price for the company from $20.00 to $10.00 in a report on Wednesday, August 2nd. TheStreet cut Big 5 Sporting Goods Corporation from a “b-” rating to a “c” rating in a report on Wednesday, August 9th. Forward View restated a “hold” rating and set a $8.00 target price on shares of Big 5 Sporting Goods Corporation in a report on Sunday, September 3rd. ValuEngine cut Big 5 Sporting Goods Corporation from a “buy” rating to a “hold” rating in a report on Friday, September 1st. Finally, Zacks Investment Research cut Big 5 Sporting Goods Corporation from a “hold” rating to a “strong sell” rating in a report on Friday, August 4th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of $9.00.
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In related news, Director Van B. Honeycutt acquired 48,000 shares of the firm’s stock in a transaction dated Friday, August 18th. The stock was acquired at an average price of $7.71 per share, for a total transaction of $370,080.00. Following the purchase, the director now owns 18,600 shares of the company’s stock, valued at approximately $143,406. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 7.90% of the company’s stock.
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.
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