The stock of Big 5 Sporting Goods Corporation (NASDAQ:BGFV) is a huge mover today! About 606,724 shares traded hands or 208.59% up from the average. Big 5 Sporting Goods Corporation (NASDAQ:BGFV) has risen 15.10% since March 3, 2016 and is uptrending. It has outperformed by 6.76% the S&P500.
The move comes after 9 months positive chart setup for the $335.04M company. It was reported on Oct, 6 by Barchart.com. We have $42.98 PT which if reached, will make NASDAQ:BGFV worth $609.77 million more.
Analysts await Big 5 Sporting Goods Corporation (NASDAQ:BGFV) to report earnings on October, 25. They expect $0.28 earnings per share, 0.00% or $0.00 from last year’s $0.28 per share. BGFV’s profit will be $6.16M for 13.61 P/E if the $0.28 EPS becomes a reality. After $0.11 actual earnings per share reported by Big 5 Sporting Goods Corporation for the previous quarter, Wall Street now forecasts 154.55% EPS growth.
Big 5 Sporting Goods Corporation (NASDAQ:BGFV) Ratings Coverage
Out of 2 analysts covering Big 5 Sporting Goods Corp (NASDAQ:BGFV), 1 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 50% are positive. Big 5 Sporting Goods Corp has been the topic of 4 analyst reports since July 30, 2015 according to StockzIntelligence Inc. The firm has “Buy” rating by Stifel Nicolaus given on Monday, February 8. The company was maintained on Wednesday, October 28 by Deutsche Bank.
According to Zacks Investment Research, “Big 5 Sporting Goods is a leading sporting goods retailer in the western United States, operating stores under the name Â“Big 5 Sporting Goods.Â””
Insitutional Activity: The institutional sentiment decreased to 0.98 in 2016 Q2. Its down 0.29, from 1.27 in 2016Q1. The ratio fall, as 20 funds sold all Big 5 Sporting Goods Corporation shares owned while 27 reduced positions. 8 funds bought stakes while 38 increased positions. They now own 16.37 million shares or 3.66% less from 16.99 million shares in 2016Q1.
Teachers Retirement Systems Of The State Of Kentucky accumulated 0% or 10,200 shares. Gsa Cap Prtnrs Llp has 0.12% invested in the company for 232,260 shares. Price T Rowe Associates Incorporated Md has 25,655 shares for 0% of their US portfolio. Financial Bank Of Montreal Can reported 949 shares or 0% of all its holdings. Gamco Incorporated Et Al holds 0.03% of its portfolio in Big 5 Sporting Goods Corporation (NASDAQ:BGFV) for 416,500 shares. First Midwest Commercial Bank Trust Division holds 0.02% of its portfolio in Big 5 Sporting Goods Corporation (NASDAQ:BGFV) for 14,226 shares. Blackrock Advsr Llc reported 8,035 shares or 0% of all its holdings. Ls Invest Limited Company reported 613 shares or 0% of all its holdings. Moreover, Axa has 0% invested in Big 5 Sporting Goods Corporation (NASDAQ:BGFV) for 99,196 shares. Pacific Ridge Capital Prns Limited Co accumulated 1.81% or 431,290 shares. Legal & General Public Ltd Liability Corp reported 3,542 shares or 0% of all its holdings. Paradigm Asset Management Co Ltd Com has 2,400 shares for 0% of their US portfolio. Rhumbline Advisers last reported 0% of its portfolio in the stock. The New Jersey-based Blackrock Inv Management Limited Liability has invested 0% in Big 5 Sporting Goods Corporation (NASDAQ:BGFV). Connors Investor Ser, a Pennsylvania-based fund reported 19,836 shares.
Insider Transactions: Since August 4, 2016, the stock had 0 insider buys, and 23 sales for $8.08 million net activity. 3,686 Big 5 Sporting Goods Corporation (NASDAQ:BGFV) shares with value of $48,106 were sold by STADIUM CAPITAL QUALIFIED PARTNERS LP. MEADE GARY S had sold 1,896 shares worth $24,458 on Monday, August 8. Another trade for 39,188 shares valued at $511,459 was made by STADIUM CAPITAL MANAGEMENT LLC on Thursday, August 18. STADIUM CAPITAL PARTNERS L P also sold $242,644 worth of Big 5 Sporting Goods Corporation (NASDAQ:BGFV) on Friday, August 12. FRALEY JEFFREY L sold $12,700 worth of Big 5 Sporting Goods Corporation (NASDAQ:BGFV) on Tuesday, August 30. 1,550 shares with value of $19,763 were sold by Starr Shane O on Friday, August 5.
More important recent Big 5 Sporting Goods Corporation (NASDAQ:BGFV) news were published by: Thestreet.com which released: “Commit To Buy Big 5 Sporting Goods Corp At $12.50, Earn 15.8% Annualized Using …” on September 13, 2016, also Fool.com published article titled: “Why Shares of Big 5 Sporting Goods Corp. Slumped Today”, Money.Cnn.com published: “Big 5 Sporting Goods Corporation Announces Fiscal 2015 Fourth Quarter and Full …” on January 14, 2016. More interesting news about Big 5 Sporting Goods Corporation (NASDAQ:BGFV) was released by: Nasdaq.com and their article: “Big 5 Sporting Goods Corporation (BGFV) Ex-Dividend Date Scheduled for August …” with publication date: August 29, 2016.
BGFV Company Profile
Big 5 Sporting Goods Corporation, incorporated on October 31, 1997, is a sporting goods retailer in the western United States. The Firm offers a range of products in a sporting goods store format that averages approximately 11,000 square feet. The Firm also offers products online through its e-commerce platform. The Company’s product mix includes athletic shoes, apparel and accessories, as well as a range of outdoor and athletic equipment for team sports, fitness, camping, hunting, fishing, tennis, golf, winter and summer recreation and roller sports. The Firm purchases merchandise from sporting goods equipment manufacturers, athletic footwear manufacturers and apparel manufacturers. It offers products of brands, such as adidas, Crocs, Franklin, JanSport, Rawlings, Spalding, Asics, Crosman, Head, Lifetime, Razor, Speedo, Bearpaw, Dickies, Heelys, Mizuno, Rollerblade, Timex, Bushnell, Easton, Hillerich & Bradsby, Mossberg and Russell Athletic.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.