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Is Big 5 Sporting Goods Corp (BGFV) a good stock to buy now?

Big 5 Sporting Goods Corp (NASDAQ: BGFV) is -44.48% lower on its value in year-to-date trading and has touched a low of $3.46 and a high of $9.99 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BGFV stock was last observed hovering at around $3.96 in the last trading session, with the day’s loss setting it -0.44%.

Currently trading at $3.52, the stock is -9.61% and -24.31% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.61 million and changing -11.11% at the moment leaves the stock -47.45% off its SMA200. BGFV registered -52.69% loss for a year compared to 6-month loss of -48.54%. The firm has a 50-day simple moving average (SMA 50) of $0.39 and a 200-day simple moving average (SMA200) of $42.47.

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The stock witnessed a -26.28% gain in the last 1 month and extending the period to 3 months gives it a -44.39%, and is -4.61% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.61% over the week and 5.67% over the month.

Big 5 Sporting Goods Corp (BGFV) has around 7900 employees, a market worth around $78.99M and $884.75M in sales. Profit margin for the company is -0.80%. Distance from 52-week low is 1.63% and -64.76% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.58%).

Big 5 Sporting Goods Corp quarterly earnings per share for the current quarter are estimated at -$0.39 with sales reaching $196.35M over the same period., but quarterly earnings will post -11.10% year-over-year. Quarterly sales are estimated to shrink -17.60% in year-over-year returns.

Big 5 Sporting Goods Corp (BGFV) Top Institutional Holders

130 institutions hold shares in Big 5 Sporting Goods Corp (BGFV), with institutional investors hold 46.53% of the company’s shares. The shares outstanding are 22.44M, and float is at 21.00M with Short Float at 16.98%. Institutions hold 43.97% of the Float.

The top institutional shareholder in the company is Blackrock Inc. with over 1.52 million shares valued at $13.88 million. The investor’s holdings represent 6.75% of the BGFV Shares outstanding. As of Jun 29, 2023, the second largest holder is Vanguard Group Inc with 1.13 million shares valued at $10.38 million to account for 5.05% of the shares outstanding. The other top investors are Dimensional Fund Advisors LP which holds 0.88 million shares representing 3.94% and valued at over $8.1 million, while Geode Capital Management, LLC holds 2.03% of the shares totaling 0.46 million with a market value of $4.18 million.

Big 5 Sporting Goods Corp (BGFV) Insider Activity

The most recent transaction is an insider sale by FRALEY JEFFREY L,the company’sSenior VP, Human Resources. SEC filings show that FRALEY JEFFREY L sold 3,764 shares of the company’s common stock on May 30 ’23 at a price of $7.69 per share for a total of $28945.0. Following the sale, the insider now owns 16075.0 shares.

Big 5 Sporting Goods Corp disclosed in a document filed with the SEC on May 04 ’23 that Starr Shane O (Senior VP, Operations) sold a total of 3,752 shares of the company’s common stock. The trade occurred on May 04 ’23 and was made at $7.17 per share for $26902.0. Following the transaction, the insider now directly holds 17250.0 shares of the BGFV stock.

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