Big 5 Sporting Goods (NASDAQ:BGFV) released its quarterly earnings results on Tuesday. The company reported $0.15 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.19 by ($0.04), MarketWatch Earnings reports. The firm had revenue of $266.35 million for the quarter, compared to analyst estimates of $277.63 million. Big 5 Sporting Goods had a negative net margin of 0.87% and a positive return on equity of 1.35%. Big 5 Sporting Goods updated its Q4 2018 guidance to $0.15-0.25 EPS.
Shares of NASDAQ BGFV traded down $0.65 during trading on Wednesday, hitting $3.59. The company had a trading volume of 88,691 shares, compared to its average volume of 456,590. Big 5 Sporting Goods has a fifty-two week low of $4.20 and a fifty-two week high of $9.75. The firm has a market cap of $100.08 million, a price-to-earnings ratio of 6.27 and a beta of -0.87. The company has a quick ratio of 0.22, a current ratio of 2.20 and a debt-to-equity ratio of 0.52.
Several analysts recently commented on the stock. Deutsche Bank set a $4.00 price target on shares of Big 5 Sporting Goods and gave the company a “hold” rating in a research report on Wednesday. ValuEngine upgraded shares of Big 5 Sporting Goods from a “sell” rating to a “hold” rating in a research report on Wednesday, October 24th. Finally, Zacks Investment Research lowered shares of Big 5 Sporting Goods from a “hold” rating to a “strong sell” rating in a research report on Friday, August 3rd.
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.
Further Reading: Average Daily Trade Volume – ADTV
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