In last trading session, Big 5 Sporting Goods Corp (NASDAQ:BGFV) saw 0.41 million shares changing hands with its beta currently measuring 2.42. Company’s recent per share price level of $3.19 trading at -$0.13 or -3.92% at ring of the bell on the day assigns it a market valuation of $71.58M. That closing price of BGFV’s stock is at a discount of -213.17% from its 52-week high price of $9.99 and is indicating a discount of -2.51% from its 52-week low price of $3.27. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.59 million shares which gives us an average trading volume of 427.85K if we extend that period to 3-months.
Big 5 Sporting Goods Corp (NASDAQ:BGFV) trade information
Upright in the red during last session for losing -3.92%, in the last five days BGFV remained trading in the red while hitting it’s week-highest on Monday, 04/08/24 when the stock touched $3.19 price level, adding 11.88% to its value on the day. Big 5 Sporting Goods Corp’s shares saw a change of -49.68% in year-to-date performance and have moved -8.07% in past 5-day. Big 5 Sporting Goods Corp (NASDAQ:BGFV) showed a performance of -11.39% in past 30-days. Number of shares sold short was 3.66 million shares which calculate 6.73 days to cover the short interests.
Big 5 Sporting Goods Corp (BGFV) estimates and forecasts
The company is estimating its revenue growth to decrease by -587.50% in the current quarter and calculating -1,600.00% decrease in the next quarter. This year revenue growth is estimated to fall -11.10% from the last financial year’s standing.
1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $196.35 million for the same. And 1 analysts are in estimates of company making revenue of $211.15 million in the next quarter that will end on Mar 2024. Company posted $238.31 million and $229.16 million of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to shrink by -17.60% while estimating it to be -7.90% for the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -14.12% during past 5 years.
BGFV Dividends
Big 5 Sporting Goods Corp is more likely to be releasing its next quarterly report between April 30 and May 06 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
Big 5 Sporting Goods Corp (NASDAQ:BGFV)’s Major holders
Insiders are in possession of 5.50% of company’s total shares while institution are holding 43.96 percent of that, with stock having share float percentage of 46.52%. Investors also watch the number of corporate investors in a company very closely, which is 43.96% institutions for Big 5 Sporting Goods Corp that are currently holding shares of the company. Blackrock Inc. is the top institutional holder at BGFV for having 1.52 million shares of worth $13.88 million. And as of Jun 29, 2023, it was holding 6.75% of the company’s outstanding shares.
The second largest institutional holder is Vanguard Group Inc, which was holding about 1.13 million shares on Jun 29, 2023. The number of shares represents firm’s hold over 5.05% of outstanding shares, having a total worth of $10.38 million.
On the other hand, Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF are the top two Mutual Funds which own company’s shares. As of Jun 29, 2023, the former fund manager was holding 0.69 million shares of worth $6.28 million or 3.05% of the total outstanding shares. The later fund manager was in possession of 0.55 million shares on Aug 30, 2023, making its stake of worth around $4.36 million in the company or a holder of 2.45% of company’s stock.
