Alert: Major Price Decline (9/30/21)-Big 5 Sporting Goods Corp (NASDAQ: BGFV).

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Big 5 Sporting Goods Corp (NASDAQ: BGFV) stock closed at $23.04 on 9/30/21 after a major decline of -11.1%. Moreover, unusually high trading volume at 163% of normal accompanied the decline. The stock has declined -13.9% during the last week but has been exceptionally strong relative to the market over the last nine months.

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Current PriceTarget Research Rating

BGFV is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

Big 5 Sporting Goods has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Big 5 Sporting Goods has a good Appreciation Score of 80 and a very high Power Rating of 100, leading to the Highest Value Trend Rating.

Rating Review

In light of this highly negative price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.

About John Lafferty 122561 Articles
During his career, John has developed valuation and stock rating methodologies, managed institutional portfolios and mutual funds, and provided equity research to institutional investors on thousands of companies. He has been Director of Research at PTR since its inception in 2004.

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