Big 5 Sporting Goods (NASDAQ:BGFV - Get Free Report) updated its second quarter 2024 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of -0.550--0.400 for the period. The company issued revenue guidance of -.
Big 5 Sporting Goods Stock Performance
BGFV stock traded down $0.11 during trading hours on Tuesday, reaching $3.54. The stock had a trading volume of 358,204 shares, compared to its average volume of 398,892. The stock has a market capitalization of $79.44 million, a PE ratio of -11.06 and a beta of 2.35. The stock has a 50-day simple moving average of $3.82 and a 200 day simple moving average of $5.18. Big 5 Sporting Goods has a fifty-two week low of $3.00 and a fifty-two week high of $9.99. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.63 and a quick ratio of 0.18.
Big 5 Sporting Goods (NASDAQ:BGFV - Get Free Report) last posted its quarterly earnings results on Tuesday, February 27th. The company reported ($0.41) EPS for the quarter, missing analysts' consensus estimates of ($0.39) by ($0.02). The business had revenue of $196.35 million for the quarter. Big 5 Sporting Goods had a negative return on equity of 2.77% and a negative net margin of 0.80%.
Big 5 Sporting Goods Cuts Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, March 22nd. Investors of record on Friday, March 8th were paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 5.65%. The ex-dividend date was Thursday, March 7th. Big 5 Sporting Goods's dividend payout ratio (DPR) is presently -60.61%.
Analysts Set New Price Targets
A number of analysts have recently issued reports on the stock. TheStreet cut shares of Big 5 Sporting Goods from a c rating to a d+ rating in a research note on Wednesday, February 28th. StockNews.com upgraded Big 5 Sporting Goods from a sell rating to a hold rating in a report on Friday.
View Our Latest Stock Report on BGFV
Big 5 Sporting Goods Company Profile
(
Get Free Report)
Big 5 Sporting Goods Corporation operates as a sporting goods retailer in the western United States. Its products include athletic shoes, apparel, and accessories. The company also offers a selection of outdoor and athletic equipment for team sports, fitness, camping, hunting, fishing, tennis, golf, and winter and summer recreation, as well as home recreation.
See Also
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Big 5 Sporting Goods, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Big 5 Sporting Goods wasn't on the list.
While Big 5 Sporting Goods currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Click the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
