Big 5 Sporting Goods Corporation (NASDAQ:BGFV) has earned a consensus rating of “Hold” from the six ratings firms that are presently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and one has issued a buy recommendation on the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $9.00.

A number of research analysts have recently commented on BGFV shares. Zacks Investment Research upgraded shares of Big 5 Sporting Goods Corporation from a “strong sell” rating to a “hold” rating in a research report on Tuesday, October 3rd. ValuEngine lowered shares of Big 5 Sporting Goods Corporation from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. Forward View restated a “hold” rating and set a $8.00 price target on shares of Big 5 Sporting Goods Corporation in a research report on Sunday, September 3rd. TheStreet lowered shares of Big 5 Sporting Goods Corporation from a “b-” rating to a “c” rating in a research report on Wednesday, August 9th. Finally, Deutsche Bank AG lowered shares of Big 5 Sporting Goods Corporation from a “buy” rating to a “hold” rating and reduced their price target for the company from $20.00 to $10.00 in a research report on Wednesday, August 2nd.

Big 5 Sporting Goods Corporation (NASDAQ BGFV) traded up $0.25 on Thursday, hitting $6.50. 863,000 shares of the stock were exchanged, compared to its average volume of 1,181,141. The stock has a market cap of $139.28, a price-to-earnings ratio of 6.63, a P/E/G ratio of 0.83 and a beta of -0.24. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.07 and a quick ratio of 0.16. Big 5 Sporting Goods Corporation has a 12-month low of $6.00 and a 12-month high of $20.35.

Big 5 Sporting Goods Corporation (NASDAQ:BGFV) last released its quarterly earnings results on Tuesday, October 31st. The company reported $0.28 EPS for the quarter, meeting analysts’ consensus estimates of $0.28. The firm had revenue of $270.47 million during the quarter, compared to analyst estimates of $272.27 million. Big 5 Sporting Goods Corporation had a net margin of 2.11% and a return on equity of 10.37%. The business’s revenue for the quarter was down 3.1% on a year-over-year basis. During the same period in the previous year, the business earned $0.38 EPS. research analysts forecast that Big 5 Sporting Goods Corporation will post 0.88 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Friday, December 1st will be given a dividend of $0.15 per share. The ex-dividend date is Thursday, November 30th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 9.23%. Big 5 Sporting Goods Corporation’s dividend payout ratio (DPR) is currently 60.00%.

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In related news, Director Van B. Honeycutt bought 48,000 shares of the business’s stock in a transaction that occurred on Friday, August 18th. The stock was bought at an average cost of $7.71 per share, for a total transaction of $370,080.00. Following the completion of the transaction, the director now owns 18,600 shares of the company’s stock, valued at $143,406. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 7.90% of the stock is currently owned by insiders.

A number of large investors have recently made changes to their positions in the stock. Texas Permanent School Fund grew its position in Big 5 Sporting Goods Corporation by 1.4% in the second quarter. Texas Permanent School Fund now owns 13,102 shares of the company’s stock worth $171,000 after acquiring an additional 185 shares in the last quarter. Zacks Investment Management grew its position in Big 5 Sporting Goods Corporation by 8.1% in the second quarter. Zacks Investment Management now owns 20,269 shares of the company’s stock worth $265,000 after acquiring an additional 1,521 shares in the last quarter. Legal & General Group Plc grew its position in Big 5 Sporting Goods Corporation by 5.5% in the second quarter. Legal & General Group Plc now owns 31,683 shares of the company’s stock worth $414,000 after acquiring an additional 1,650 shares in the last quarter. California State Teachers Retirement System grew its position in Big 5 Sporting Goods Corporation by 6.6% in the second quarter. California State Teachers Retirement System now owns 37,229 shares of the company’s stock worth $486,000 after acquiring an additional 2,300 shares in the last quarter. Finally, BNP Paribas Arbitrage SA grew its position in Big 5 Sporting Goods Corporation by 45.4% in the second quarter. BNP Paribas Arbitrage SA now owns 7,954 shares of the company’s stock worth $104,000 after acquiring an additional 2,482 shares in the last quarter.

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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