Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for Big 5 Sporting Goods Corp (NASDAQ: BGFV) improved during the last several trading days. BGFV’s current Value Trend Rating is C and the prior Rating was D. Details supporting this higher rating are included in our next report.
Recent Price Action
On 3/8/24, Big 5 Sporting Goods Corp (NASDAQ: BGFV) stock declined by -2.9%, closing at $3.96. This decline was accompanied by normal trading volume. Relative to the market the stock has been extremely weak over the last nine months and has declined -17.5% during the last week.
Current PriceTarget Research Rating
BGFV is expected to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.
Big 5 Sporting Goods has a current Value Trend Rating of C (Neutral). This VT Rating improved in recent days from D previously. This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Big 5 Sporting Goods has a good Appreciation Score of 84 but a poor Power Rating of 21, resulting in the Neutral Value Trend Rating.
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