Big 5 Sporting Goods (BGFV) Releases Q4 2018 Earnings Guidance

Big 5 Sporting Goods (NASDAQ:BGFV) updated its fourth quarter 2018 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of $0.15-0.25 for the period, compared to the Thomson Reuters consensus estimate of $0.26.

A number of equities research analysts recently weighed in on the stock. Deutsche Bank set a $4.00 target price on shares of Big 5 Sporting Goods and gave the stock a hold rating in a report on Wednesday. ValuEngine upgraded shares of Big 5 Sporting Goods from a sell rating to a hold rating in a 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 report on Friday, August 3rd.

Shares of BGFV traded down $0.74 on Wednesday, reaching $3.50. The company’s stock had a trading volume of 2,021,860 shares, compared to its average volume of 456,590. Big 5 Sporting Goods has a twelve month low of $4.20 and a twelve month high of $9.75. The company has a debt-to-equity ratio of 0.52, a current ratio of 2.20 and a quick ratio of 0.22. The firm has a market capitalization of $100.08 million, a PE ratio of 6.14 and a beta of -0.87.

Big 5 Sporting Goods (NASDAQ:BGFV) last issued its quarterly earnings data on Tuesday, October 30th. The company reported $0.15 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.19 by ($0.04). Big 5 Sporting Goods had a positive return on equity of 1.35% and a negative net margin of 0.87%. The firm had revenue of $266.35 million during the quarter, compared to the consensus estimate of $277.63 million. As a group, analysts expect that Big 5 Sporting Goods will post 0.27 EPS for the current year.

Big 5 Sporting Goods Company Profile

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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