Briggs & Stratton Corporation (NYSE:BGG) went down by -4.96% from its latest closing price when compared to the 1-year high value of $10.07 and move down -775.65%, while BGG stocks collected -5.74% of loss with the last five trading sessions. Press Release reported on 06/24/20 that TopBuild Set to Join S&P MidCap 400; Retail Properties of America and Brandywine Realty Trust to Join S&P SmallCap 600
Briggs & Stratton Corporation (NYSE:BGG) Worth an Investment?
Briggs & Stratton Corporation (NYSE: BGG) The 36 Months beta value for BGG stocks is at 1.58, while 0 of the analysts out of 4 who provided ratings for Briggs & Stratton Corporation stocks as a “buy” while 0 as overweight, 3 rated it as hold and 1 as sell. BGG currently has a short float of 42.45% and public float of 40.56M with average trading volume of 2.52M shares.
BGG Market Performance
BGG stocks went down by -5.74% for the week, with the monthly drop of -43.63% and a quarterly performance of -42.50%, while its annual performance rate touched -87.83%. The simple moving average for the period of the last 20 days is -24.89% for BGG stocks with the simple moving average of -70.41% for the last 200 days.
Analysts’ Opinion on Briggs & Stratton Corporation (NYSE:BGG)
Many brokerage firms have already submitted their reports for BGG stocks, with Northcoast repeating the rating for BGG shares by setting it to “Sell”. The predicted price for BGG socks in the upcoming period according to Northcoast is $50.50 based on the research report published on June 19, 2020.
Sidoti, on the other hand, stated in their research note that they expect to see BGG stock at the price of $50.50. The rating they have provided for BGG stocks is “Neutral” according to the report published on July 19, 2018.
Raymond James gave “ Mkt Perform” rating to BGG stocks, setting the target price at $50.50 in the report published on January 16, 2018.
BGG Stocks -34.50% Far from 50 Day Moving Average
After a stumble in the market that brought BGG to its low price for the period of the last 52 weeks, Briggs & Stratton Corporation was unable to take a rebound, for now settling with -88.58% of loss for the given period.
The stock volatility was left at 12.18%, however, within the period of a single month, the volatility rate increased by 13.33%, while the shares sank at the distance of -44.44% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by -46.76% lower at the present time.
In the course of the last 5 trading sessions, BGG went down by -5.74%, which changed the moving average for the period of 200 days to the total of -80.24% of losses for the stock in comparison to the 20-day moving average settled at $1.4850. In addition, Briggs & Stratton Corporation saw -82.73% in overturn over the period of a single year with a tendency to cut further losses.
BGG Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Briggs & Stratton Corporation (BGG), starting from Zeiler Jeffrey Michael, who bought 15,112 shares at the price of $6.31 back on Sep 12. After this action, Rushing now owns 15,112 shares of Briggs & Stratton Corporation, valued at $95,357 with the latest closing price.
Zeiler Jeffrey Michael, the VP Product Innovation of Briggs & Stratton Corporation, bought 2,614 shares at the value of $4.73 during a trade that took place back on Sep 04, which means that Zeiler Jeffrey Michael is holding 90,195 shares at the value of $12,359 based on the most recent closing price.
BGG Stock Fundamentals
The current profitability levels are settled at -2.79 for the present operating margin and +16.25 for gross margin. The net margin for Briggs & Stratton Corporation stands at -2.98. Total capital return value is set at -6.32, while invested capital returns managed to touch -7.74. Equity return holds the value -56.90%, with -12.60% for asset returns.
Based on Briggs & Stratton Corporation (BGG), the company’s capital structure generated 79.58 points for debt to equity in total, while total debt to capital is set at the value of 44.32. Total debt to assets is settled at the value of 22.91 with long-term debt to equity ratio rests at -1.75 and long-term debt to capital is 43.64.
The value for Enterprise to Sales is 0.41 with debt to enterprise value settled at 0.47. The receivables turnover for Briggs & Stratton Corporation is 9.62 with the total asset turnover at the value of 1.22. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.32.