Big 5 Sporting Goods Corporation (NASDAQ:BGFV)’s share price hit a new 52-week low during mid-day trading on Friday . The company traded as low as $8.80 and last traded at $8.80, with a volume of 578,293 shares trading hands. The stock had previously closed at $9.10.

BGFV has been the subject of a number of research analyst reports. Forward View reaffirmed a “hold” rating and issued a $11.00 price target on shares of Big 5 Sporting Goods Corporation in a report on Tuesday. BidaskClub downgraded Big 5 Sporting Goods Corporation from a “sell” rating to a “strong sell” rating in a report on Saturday, July 8th. Zacks Investment Research downgraded Big 5 Sporting Goods Corporation from a “hold” rating to a “strong sell” rating in a report on Friday, August 4th. ValuEngine downgraded Big 5 Sporting Goods Corporation from a “strong-buy” rating to a “buy” rating in a report on Tuesday, August 1st. Finally, Deutsche Bank AG reissued a “buy” rating and issued a $20.00 price objective (up from $18.00) on shares of Big 5 Sporting Goods Corporation in a report on Wednesday, May 3rd. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the stock. Big 5 Sporting Goods Corporation currently has an average rating of “Hold” and a consensus price target of $12.67.

The firm’s 50 day moving average is $11.53 and its 200-day moving average is $13.92. The stock has a market capitalization of $192.45 million, a price-to-earnings ratio of 8.13 and a beta of -0.09.

Big 5 Sporting Goods Corporation (NASDAQ:BGFV) last released its quarterly earnings data on Tuesday, August 1st. The company reported $0.13 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.19 by $0.06. Big 5 Sporting Goods Corporation had a net margin of 2.30% and a return on equity of 11.86%. The company had revenue of $243.67 million for the quarter, compared to analyst estimates of $251.03 million. During the same quarter in the prior year, the firm earned $0.11 EPS. The company’s revenue for the quarter was up .9% compared to the same quarter last year. On average, analysts predict that Big 5 Sporting Goods Corporation will post $0.93 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 15th. Investors of record on Friday, September 1st will be given a dividend of $0.15 per share. The ex-dividend date is Wednesday, August 30th. This represents a $0.60 dividend on an annualized basis and a yield of 6.59%. Big 5 Sporting Goods Corporation’s dividend payout ratio is currently 54.55%.

In related news, Director Van B. Honeycutt sold 12,000 shares of the business’s stock in a transaction that occurred on Friday, May 26th. The stock was sold at an average price of $13.83, for a total transaction 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold a total of 15,095 shares of company stock valued at $207,972 in the last 90 days. Insiders own 7.90% of the company’s stock.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. State Street Corp raised its position in Big 5 Sporting Goods Corporation by 14.1% in the fourth quarter. State Street Corp now owns 521,732 shares of the company’s stock worth $9,049,000 after buying an additional 64,365 shares in the last quarter. Metropolitan Life Insurance Co. NY raised its position in Big 5 Sporting Goods Corporation by 18.2% in the fourth quarter. Metropolitan Life Insurance Co. NY now owns 13,956 shares of the company’s stock worth $242,000 after buying an additional 2,146 shares in the last quarter. Teachers Advisors LLC raised its position in Big 5 Sporting Goods Corporation by 18.5% in the fourth quarter. Teachers Advisors LLC now owns 53,982 shares of the company’s stock worth $937,000 after buying an additional 8,442 shares in the last quarter. Foundry Partners LLC raised its position in Big 5 Sporting Goods Corporation by 15.1% in the first quarter. Foundry Partners LLC now owns 156,913 shares of the company’s stock worth $2,369,000 after buying an additional 20,601 shares in the last quarter. Finally, Acadian Asset Management LLC raised its position in Big 5 Sporting Goods Corporation by 3.5% in the first quarter. Acadian Asset Management LLC now owns 762,586 shares of the company’s stock worth $11,515,000 after buying an additional 25,606 shares in the last quarter.

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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.

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