News stories about Big 5 Sporting Goods (NASDAQ:BGFV) have trended somewhat positive this week, according to Accern Sentiment. The research firm ranks the sentiment of press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Big 5 Sporting Goods earned a media sentiment score of 0.15 on Accern’s scale. Accern also gave media coverage about the company an impact score of 46.5938318795861 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
These are some of the headlines that may have effected Accern Sentiment Analysis’s scoring:
- Burbank officials to further study gun regulation in the city (latimes.com)
- Average True Range under Trader’s Radar – Big 5 Sporting Goods Corporation (NASDAQ: BGFV) (stocktradingdesk.com)
- Analysts See $0.70 EPS for DISH Network (DISH); Gmt Capital Increased By $1.57 Million Its Big 5 Sporting Goods … (mtastar.com)
- Big 5 Sporting Goods (BGFV) Rating Increased to Hold at Zacks Investment Research (americanbankingnews.com)
- Big 5 Sporting Goods (BGFV) Given Average Recommendation of “Hold” by Brokerages (americanbankingnews.com)
BGFV has been the topic of a number of recent research reports. Zacks Investment Research raised Big 5 Sporting Goods from a “hold” rating to a “buy” rating and set a $8.00 price objective on the stock in a research note on Wednesday, January 3rd. ValuEngine cut Big 5 Sporting Goods from a “buy” rating to a “hold” rating in a research note on Friday, February 2nd. One investment analyst has rated the stock with a sell rating and four have given a hold rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $8.67.
Shares of NASDAQ BGFV traded down $0.03 during trading hours on Friday, hitting $7.87. The company’s stock had a trading volume of 391,402 shares, compared to its average volume of 1,103,874. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.91 and a quick ratio of 0.20. The stock has a market capitalization of $163.79, a PE ratio of 13.72 and a beta of -0.61. Big 5 Sporting Goods has a 12 month low of $5.05 and a 12 month high of $17.10.
Big 5 Sporting Goods (NASDAQ:BGFV) last posted its earnings results on Tuesday, February 27th. The company reported ($0.10) earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of ($0.10). The company had revenue of $242.89 million for the quarter, compared to analysts’ expectations of $262.18 million. Big 5 Sporting Goods had a return on equity of 5.97% and a net margin of 0.11%. Big 5 Sporting Goods’s quarterly revenue was down 8.8% on a year-over-year basis. During the same period last year, the firm earned $0.35 earnings per share. equities research analysts anticipate that Big 5 Sporting Goods will post 0.56 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which was paid on Friday, March 23rd. Investors of record on Friday, March 9th were paid a $0.15 dividend. The ex-dividend date of this dividend was Thursday, March 8th. This represents a $0.60 annualized dividend and a dividend yield of 7.62%. Big 5 Sporting Goods’s payout ratio is presently 105.26%.
In related news, Director Van B. Honeycutt acquired 31,000 shares of the stock in a transaction on Thursday, March 15th. The stock was acquired at an average cost of $6.78 per share, for a total transaction of $210,180.00. Following the completion of the acquisition, the director now directly owns 18,600 shares of the company’s stock, valued at approximately $126,108. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Van B. Honeycutt acquired 32,000 shares of the stock in a transaction on Friday, March 9th. The stock was bought at an average price of $6.18 per share, with a total value of $197,760.00. Following the completion of the acquisition, the director now directly owns 18,600 shares of the company’s stock, valued at $114,948. The disclosure for this purchase can be found here. Insiders purchased 79,000 shares of company stock worth $506,390 over the last three months. 7.90% of the stock is owned by insiders.
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About Big 5 Sporting Goods
Big 5 Sporting Goods Corporation operates as a sporting goods retailer in the western United States. The company offers athletic shoes, apparel, and accessories, as well as a selection 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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