The stock of Big 5 Sporting Goods Corp (BGFV) has seen a -4.61% decrease in the past week, with a -26.28% drop in the past month, and a -44.39% decrease in the past quarter. The volatility ratio for the week is 6.61%, and the volatility levels for the past 30 days are at 5.67% for BGFV. The simple moving average for the past 20 days is -9.61% for BGFV’s stock, with a -47.45% simple moving average for the past 200 days.
Is It Worth Investing in Big 5 Sporting Goods Corp (NASDAQ: BGFV) Right Now?
The 36-month beta value for BGFV is also noteworthy at 2.38. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”
The public float for BGFV is 21.00M, and at present, short sellers hold a 16.98% of that float. The average trading volume of BGFV on April 01, 2024 was 383.04K shares.
BGFV) stock’s latest price update
The stock of Big 5 Sporting Goods Corp (NASDAQ: BGFV) has decreased by -11.11 when compared to last closing price of 3.96.Despite this, the company has seen a loss of -4.61% in its stock price over the last five trading days. 24/7 Wall Street reported 2024-03-13 that The Modern Investment App For a Richer Tomorrow (Sponsored) Robinhood set out to democratize investing to individuals, and it’s not slowing down.
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 “Hold.” The predicted price for BGFV in the upcoming period, according to Lake Street is $9.50 based on the research report published on August 02, 2023 of the previous year 2023.
Lake Street, on the other hand, stated in their research note that they expect to see BGFV reach a price target of $15. The rating they have provided for BGFV stocks is “Buy” according to the report published on October 21st, 2020.
Deutsche Bank gave a rating of “Hold” to BGFV, setting the target price at $10 in the report published on August 02nd of the previous year.
BGFV Trading at -24.31% 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 -64.76% of loss for the given period.
Volatility was left at 5.67%, however, over the last 30 days, the volatility rate increased by 6.61%, as shares sank -26.67% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -26.44% lower at present.
During the last 5 trading sessions, BGFV fell by -4.61%, which changed the moving average for the period of 200-days by -57.69% in comparison to the 20-day moving average, which settled at $3.83. In addition, Big 5 Sporting Goods Corp saw -44.48% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at BGFV starting from FRALEY JEFFREY L, who sale 3,764 shares at the price of $7.69 back on May 30 ’23. After this action, FRALEY JEFFREY L now owns 16,075 shares of Big 5 Sporting Goods Corp, valued at $28,945 using the latest closing price.
Starr Shane O, the Senior VP, Operations of Big 5 Sporting Goods Corp, sale 3,752 shares at $7.17 during a trade that took place back on May 04 ’23, which means that Starr Shane O is holding 17,250 shares at $26,902 based on the most recent closing price.
Stock Fundamentals for BGFV
Current profitability levels for the company are sitting at:
- -0.01 for the present operating margin
- 0.32 for the gross margin
The net margin for Big 5 Sporting Goods Corp stands at -0.01. The total capital return value is set at -0.02. Equity return is now at value -2.76, with -1.04 for asset returns.
Based on Big 5 Sporting Goods Corp (BGFV), the company’s capital structure generated 0.53 points at debt to capital in total, while cash flow to debt ratio is standing at 0.07. The debt to equity ratio resting at 1.13. The interest coverage ratio of the stock is 185.07.
Currently, EBITDA for the company is 8.18 million with net debt to EBITDA at -44.06. When we switch over and look at the enterprise to sales, we see a ratio of 0.39. The receivables turnover for the company is 96.56for trailing twelve months and the total asset turnover is 1.37. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.63.
Conclusion
In summary, Big 5 Sporting Goods Corp (BGFV) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
