Shares of Big 5 Sporting Goods Corporation (NASDAQ:BGFV) have received a consensus rating of “Hold” from the six analysts that are currently covering the company, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and one has assigned a buy recommendation to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $9.00.

A number of equities research analysts have issued reports on the company. ValuEngine raised Big 5 Sporting Goods from a “hold” rating to a “buy” rating in a research report on Thursday, October 5th. TheStreet cut Big 5 Sporting Goods from a “b-” rating to a “c” rating in a research note on Wednesday, August 9th. Forward View restated a “hold” rating and set a $8.00 price objective on shares of Big 5 Sporting Goods in a research note on Sunday, September 3rd. Finally, Zacks Investment Research upgraded Big 5 Sporting Goods from a “strong sell” rating to a “hold” rating in a research note on Tuesday, October 3rd.

In related news, Director Van B. Honeycutt bought 43,000 shares of the stock in a transaction dated Thursday, November 30th. The stock was bought at an average cost of $7.26 per share, with a total value of $312,180.00. Following the completion of the acquisition, the director now owns 18,600 shares of the company’s stock, valued at $135,036. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 7.90% of the stock is owned by insiders.

A number of hedge funds have recently modified their holdings of BGFV. Denver Investment Advisors LLC bought a new position in Big 5 Sporting Goods in the 2nd quarter worth approximately $14,188,000. GMT Capital Corp acquired a new stake in Big 5 Sporting Goods in the third quarter worth approximately $4,566,000. Koch Industries Inc. lifted its position in Big 5 Sporting Goods by 1,905.8% in the second quarter. Koch Industries Inc. now owns 278,723 shares of the company’s stock worth $259,000 after purchasing an additional 264,827 shares during the period. Navellier & Associates Inc acquired a new stake in Big 5 Sporting Goods in the second quarter worth approximately $3,255,000. Finally, Goldman Sachs Group Inc. lifted its position in Big 5 Sporting Goods by 176.1% in the second quarter. Goldman Sachs Group Inc. now owns 373,793 shares of the company’s stock worth $4,878,000 after purchasing an additional 238,398 shares during the period.

Shares of Big 5 Sporting Goods (NASDAQ:BGFV) traded down $0.10 during trading hours on Monday, hitting $7.30. The stock had a trading volume of 433,814 shares, compared to its average volume of 796,057. The stock has a market capitalization of $159.63, a P/E ratio of 7.60 and a beta of -0.07. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.16 and a current ratio of 2.07. Big 5 Sporting Goods has a twelve month low of $6.00 and a twelve month high of $18.95.

Big 5 Sporting Goods (NASDAQ:BGFV) last announced its quarterly earnings data on Tuesday, October 31st. The company reported $0.28 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.28. The business had revenue of $270.47 million during the quarter, compared to the consensus estimate of $272.27 million. Big 5 Sporting Goods had a return on equity of 10.37% and a net margin of 2.11%. The business’s revenue for the quarter was down 3.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.38 earnings per share. research analysts forecast that Big 5 Sporting Goods will post 0.88 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Investors of record on Friday, December 1st will be issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 8.22%. The ex-dividend date is Thursday, November 30th. Big 5 Sporting Goods’s dividend payout ratio is currently 60.00%.

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Big 5 Sporting Goods Company Profile

Big 5 Sporting Goods Corporation is a sporting goods retailer in the western United States. The Company offers a range of products in a sporting goods store format. The Company also offers products online through its e-commerce platform. The Company’s 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.

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