Big 5 Sporting Goods Corporation (BGFV) Stock: Why It’s Climbing

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Big 5 Sporting Goods Corporation (BGFV) is headed up in the market today. The stock, one that is focused on the service space, is currently priced at $3.23 after heading up -6.65% so far today. In terms of service stocks, there are several aspects that have the ability to cause movement in the market. News is one of the most common reasons for movement. Here are the recent trending headlines relating to BGFV:

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Mar-19-19 10:00AM Why Big 5 Is Not a Good Bet for Income-Seeking Investors
Mar-04-19 09:43AM Something To Consider Before Buying Big 5 Sporting Goods Corporation (NASDAQ:BGFV) For The 4.9% Dividend
Mar-01-19 06:40AM Edited Transcript of BGFV earnings conference call or presentation 26-Feb-19 10:00pm GMT
Feb-28-19 10:19AM New Strong Buy Stocks for February 28th
08:06AM Top Ranked Income Stocks to Buy for February 28th

However, any time investors are making a decision with regard to investing, investors should focus on much more than news, especially in the ever complex service industry. Here’s what’s happening with Big 5 Sporting Goods Corporation.

Performance Trends That We’ve Seen From BGFV

While a single session gain, like the gain that we’re seeing from Big 5 Sporting Goods Corporation might cause fear in some investors, that alone should not be the basis of a decision to, or not to, buy a company’s stock. It is always a good idea to take a look at trends experienced by the stock beyond a single session. In the case of BGFV, here are the movements that we have seen:

  • Past 5 Trading Sessions – Over the past 7 days, BGFV has produced a change in price amounting to -12.70%.
  • Past 30 Days – The monthly returns from Big 5 Sporting Goods Corporation works out to -16.97%.
  • Quarterly – Throughout the last 3 months, the stock has produced a return on investment of 16.61%
  • Past Six Months – In the previous 6 months, we have seen a performance that works out to -33.40% from the company.
  • YTD – Since the the last trading session of last year BGFV has generated a return on investment of 24.71%.
  • Full Year – Finally, over the past full year, investors have seen a change amounting to -52.15% from BGFV. In this period of time, the stock has sold at a high of -66.87% and a low of 43.56%.

Ratios That Are Notable

Looking at various ratios having to do with a stock generally gives prospective investors a look of how risky and/or rewarding a pick might be. Below are some of the important ratios to look at when digging into BGFV.

Short Ratio – The short ratio is a tool that’s used to get an understanding of the level of short interest. The higher this ratio, the more investors believe that the stock is going to gain. Throughout the sector, strong service stocks tend to carry a lower short ratio. However, we tend to see quite a few short squeezes in the sector. Nonetheless, when it comes to Big 5 Sporting Goods Corporation, the stock’s short ratio clocks in at 18.72.

Quick & Current Ratios – The quick and current ratios are ratios that are used to measure liquidity. Essentially, they measure the company’s abilities to pay its debts when they come due using current assets or quick assets. do have good quick and current ratios. In terms of BGFV, the quick and current ratios work out to 0.20 and 2.20 respectively.  

Book To Share Value – The book to share value compares the the price of shares to the book value of assets owned by the company. when it comes to Big 5 Sporting Goods Corporation, that ratio equates to 8.33.

Cash To Share Value – Finally, the cash to share value comparison compares the amount of cash the company has on hand to the value of the company’s stock. When it comes to BGFV, the cash to share value is 0.31.

Moves From Big Money Players

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in BGFV, here’s what we’re seeing:

Institutions own 61.30% of the company. Institutional interest has moved by -12.09% over the past three months. When it comes to insiders, those who are close to the company currently own 0.60% percent of BGFV shares. Institutions have seen ownership changes of an accumulative 0.00% over the last three months.

How Analysts Feel About Big 5 Sporting Goods Corporation

Although it’s not a smart idea to blindly follow the opinions of analysts, it is a smart idea to use their analysis when validating your own thoughts before making an investment decision in the service industry. Below are the recent moves that we’ve seen from analysts when it comes to BGFV.

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Aug-02-17 Downgrade Deutsche Bank Buy → Hold $20 → $10
Nov-02-16 Reiterated Deutsche Bank Buy $16.50 → $18
Oct-06-16 Upgrade Deutsche Bank Hold → Buy $10 → $16.50
Aug-03-16 Reiterated Deutsche Bank Hold $9 → $10
Feb-08-16 Upgrade Stifel Hold → Buy $14.50

Financial Results And Expectations

At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $0.12. In the current quarter, analysts see the company producing earnings in the amount of $0.08. Over the last 5 years, BGFV has generated revenue in the amount of $-0.10% with earnings coming in at -16.40%. On a quarter over quarter basis, earnings have seen movement of 31.70% and revenue has seen movement of 1.70%.

Float Information

Investors seem to be interested in the counts of shares both available and outstanding. As it relates to Big 5 Sporting Goods Corporation, currently there are 21.62M with a float of 19.88M. This means that of the total of 21.62M shares of BGFV currently in existence today, 19.88M are available to trade hands on the market.

It’s also important to follow the short percent. After all, when a high portion of the float available for trading is sold short, the overall feeling among traders is that the company is headed for a deep dive. As far as it relates to BGFV, the percentage of the float that is currently being sold short is 29.89%. Most investors would say that a high short percent of the float is anything over 40%. In my research, I have seen that a short ratio over 26% is likely a a play that could prove to be very risky.

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