BGFV Stock Summary and Trading Ideas (Big 5 Sporting Goods | NASDAQ:BGFV)

Big 5 Sporting Goods Corp is a specialty retailer company that is principally engaged in the sale of sporting goods in the Western United States. Its product mix includes athletic shoes, apparel, and accessories, as well as a broad selection of outdoor and athletic equipment for team sports, fitness, camping, hunting, fishing, tennis, golf, winter and summer recreation and roller sports. The company operates solely as a sporting goods retailer, which includes both its retail stores and an e-commerce platform. The company operates a distribution center located in Riverside, California, that services all of its stores and e-commerce platform.

Big 5 Sporting Goods trades on the NASDAQ stock market under the symbol BGFV.

As of May 3, 2024, BGFV stock price climbed to $3.41 with 157,549 million shares trading.

BGFV has a beta of 0.29, meaning it tends to be less sensitive to market movements. BGFV has a correlation of 0.00 to the broad based SPY ETF.

BGFV has a market cap of $76.18 million. This is considered a Micro Cap stock.

Last quarter Big 5 Sporting Goods reported $193 million in Revenue and -$.38 earnings per share. This fell short of revenue expectation by $-18 million and missed earnings estimates by -$.23.

In the last 3 years, BGFV stock traded as high as $47.65 and as low as $3.00.

The top ETF exchange traded funds that BGFV belongs to (by Net Assets): VTI, IWM, VXF, IWN, AVUV.

BGFV has underperformed the market in the last year with a return of -42.7%, while the SPY ETF gained +27.0%. In the last 3 month period, BGFV fell short of the market, returning -31.9%, while SPY returned +3.7%. However, in the most recent 2 weeks BGFV has outperformed the stock market by returning +10.4%, while SPY returned +3.3%.

BGFV support price is $3.25 and resistance is $3.49 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BGFV stock will trade within this expected range on the day.