For its first fiscal quarter (ending March 31), Big 5 Sporting Goods Corp (NASDAQ: BGFV) has reported a -3900% decline in E.P.S. from $0.01 a year ago to $-0.38 in the current quarter. For the latest four quarters through March 31, E.P.S. were $-0.71 compared to $0.80 a year ago — a decline of -189%.
Recent Price Action
Big 5 Sporting Goods Corp (NASDAQ: BGFV) stock declined by -3.0% on 4/30/24. The shares closed at $3.54. However, this decline was accompanied by normal trading volume at 83% of normal. The stock has been extremely weak relative to the market over the last nine months but has risen 9.6% 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). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Big 5 Sporting Goods has a very high Appreciation Score of 89 but a poor Power Rating of 16, with the Neutral Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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