Big 5 Sporting Goods Corp (NASDAQ: BGFV) stock suffered a major decline of -11.3% on 5/15/24. The shares closed at $3.47. Moreover, trading volume in this decline was above average at 126% of normal. The stock has been extremely weak relative to the market over the last nine months but has risen 5.2% during the last week.
Current PriceTarget Research Rating
BGFV’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to be Value Creation neutral.
Big 5 Sporting Goods has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Big 5 Sporting Goods has a very high Appreciation Score of 90 but a very low Power Rating of 14, triggering the Neutral Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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