Big 5 Sporting Goods Corporation (NASDAQ:BGFV) went down by -5.37% from its latest closing price compared to the recent 1-year high of $46.30. The company’s stock price has collected -1.54% of loss in the last five trading sessions.
Is It Worth Investing in Big 5 Sporting Goods Corporation (NASDAQ :BGFV) Right Now?
Big 5 Sporting Goods Corporation (NASDAQ:BGFV) scored a price-to-earnings ratio above its average ratio, recording 3.04 x from its present earnings ratio. Plus, the 36-month beta value for BGFV is at 2.66. Opinions of the stock are interesting as 1 analysts out of 1 who provided ratings for Big 5 Sporting Goods Corporation declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $23.00, which is $10.84 above the current price. BGFV currently public float of 21.27M and currently shorts hold a 33.96% ratio of that float. Today, the average trading volume of BGFV was 728.44K shares.
BGFV’s Market Performance
BGFV stocks went down by -1.54% for the week, with a monthly jump of 6.29% and a quarterly performance of -23.43%, while its annual performance rate touched -47.64%. The volatility ratio for the week stands at 5.24% while the volatility levels for the past 30 days are set at 4.93% for Big 5 Sporting Goods Corporation. The simple moving average for the period of the last 20 days is -0.39% for BGFV stocks with a simple moving average of -31.59% for the last 200 days.
Analysts’ Opinion of BGFV
Many brokerage firms have already submitted their reports for BGFV stocks, with Lake Street repeating the rating for BGFV by listing it as a “Buy.” The predicted price for BGFV in the upcoming period, according to Lake Street is $15 based on the research report published on October 21st of the previous year 2020.
Deutsche Bank, on the other hand, stated in their research note that they expect to see BGFV reach a price target of $10, previously predicting the price at $20. The rating they have provided for BGFV stocks is “Hold” according to the report published on August 02nd, 2017.
Deutsche Bank gave a rating of “Buy” to BGFV, setting the target price at $18 in the report published on November 02nd of the previous year.
BGFV Trading at 1.33% from the 50-Day Moving Average
After a stumble in the market that brought BGFV to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -73.74% of loss for the given period.
Volatility was left at 4.93%, however, over the last 30 days, the volatility rate increased by 5.24%, as shares surge +11.76% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +0.25% upper at present.
During the last 5 trading sessions, BGFV fell by -1.54%, which changed the moving average for the period of 200-days by -49.16% in comparison to the 20-day moving average, which settled at $12.27. In addition, Big 5 Sporting Goods Corporation saw -36.03% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at BGFV starting from Starr Shane O, who sale 3,135 shares at the price of $13.72 back on May 13. After this action, Starr Shane O now owns 14,950 shares of Big 5 Sporting Goods Corporation, valued at $43,012 using the latest closing price.
Starr Shane O, the Senior VP, Operations of Big 5 Sporting Goods Corporation, sale 7,750 shares at $16.53 during a trade that took place back on Mar 09, which means that Starr Shane O is holding 13,550 shares at $128,108 based on the most recent closing price.
Stock Fundamentals for BGFV
Current profitability levels for the company are sitting at:
- +11.65 for the present operating margin
- +37.76 for the gross margin
The net margin for Big 5 Sporting Goods Corporation stands at +8.81. Equity return is now at value 33.30, with 12.00 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.51.