28-Mar-2024
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Big 5 Sporting Goods Corporation Announces Fiscal 2023 Fourth Quarter and Full Year Results
Globe Newswire (Tue, 27-Feb 4:01 PM ET)
Globe Newswire (Tue, 20-Feb 8:00 AM ET)
Globe Newswire (Tue, 16-Jan 4:01 PM ET)
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 March 28, 2024, BGFV stock price declined to $3.52 with 1,580,871 million shares trading.
BGFV has a beta of 0.07, 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 $78.63 million. This is considered a Micro Cap stock.
Last quarter Big 5 Sporting Goods reported $196 million in Revenue and -$.41 earnings per share. This beat revenue expectation by $60,000 and missed earnings estimates by -$.02.
In the last 3 years, BGFV stock traded as high as $47.65 and as low as $3.46.
The top ETF exchange traded funds that BGFV belongs to (by Net Assets): VTI, SYLD, IWM, VXF, IWN.
BGFV has underperformed the market in the last year with a price return of -42.6% while the SPY ETF gained +33.6%. BGFV has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -43.6% and -2.2%, respectively, while the SPY returned +10.1% and +1.7%, respectively.
BGFV support price is $3.81 and resistance is $4.11 (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.