Analyst Rating Update on Big 5 Sporting Goods Corporation (BGFV)

Big 5 Sporting Goods Corporation (BGFV) : The consensus on Big 5 Sporting Goods Corporation (BGFV) based on 4 analyst recommendation on the company stock is 3, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 4 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

Big 5 Sporting Goods Corporation (BGFV) : The most positive equity analysts on Big 5 Sporting Goods Corporation (BGFV) expects the shares to touch $13, whereas, the least positive believes that the stock will trade at $9 in the short term. The company is covered by 4 Wall Street Brokerage Firms. The average price target for shares are $10.13 with an expected fluctuation of $1.65 from the mean.

Company shares have received an average consensus rating of Hold for the current week


Big 5 Sporting Goods Corporation (NASDAQ:BGFV): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $11.79 and $11.54 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $12.82. The buying momentum continued till the end and the stock did not give up its gains. It closed at $12.36, notching a gain of 18.05% for the day. The total traded volume was 1,024,855 . The stock had closed at $10.47 on the previous day.

Big 5 Sporting Goods Corporation is a sporting goods retailer in the western United States. The Company offers a range of products in a traditional sporting goods store format. The Company also offers products online through its e-commerce platform. The Companys product mix includes athletic shoes, apparel and accessories, as well as a range of outdoor and athletic equipment for team sports, fitness, camping, hunting, fishing, tennis, golf, winter and summer recreation and roller sports. The Company purchases merchandise from sporting goods equipment manufacturers, athletic footwear manufacturers and apparel manufacturers. It offers products of brands, such as adidas, Crocs, Franklin, JanSport, Rawlings, Spalding, Asics, Crosman, Head, Lifetime, Razor, Speedo, Bearpaw, Dickies, Heelys, Mizuno, Rollerblade, Timex, Bushnell, Easton, Hillerich & Bradsby, Mossberg and Russell Athletic, among others.

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