Big 5 Sporting Goods (BGFV) updated its fourth quarter earnings guidance on Monday. The company provided earnings per share guidance of $0.17-0.19 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.19. The company issued revenue guidance of $243.6 million, compared to the consensus revenue estimate of $241.10 million.
BGFV has been the subject of a number of recent research reports. Analysts at Zacks upgraded shares of Big 5 Sporting Goods from a neutral rating to an outperform rating in a research note to investors on Thursday, December 27th. They now have a $14.00 price target on the stock. On a related note, analysts at TheStreet upgraded shares of Big 5 Sporting Goods to a buy rating in a research note to investors on Thursday, November 15th. Finally, analysts at Feltl & Co. upgraded shares of Big 5 Sporting Goods from a hold rating to a buy rating in a research note to investors on Friday, November 2nd. They now have a $11.00 price target on the stock, up previously from $9.00.
Two analysts have rated the stock with a buy rating, one has assigned an overweight rating, three have assigned a hold rating, and one has assigned a sell rating to the company?s stock. The stock presently has a consensus rating of hold and an average price target of $12.20.
Shares of Big 5 Sporting Goods (BGFV) traded down 1.21% during mid-day trading on Monday, hitting $13.03. Big 5 Sporting Goods (BGFV) has a one year low of $6.12 and a one year high of $14.30. The stock?s 50-day moving average is currently $13.. The company has a market cap of $277.1 million and a P/E ratio of 26.49. Big 5 Sporting Goods last released its earnings data on Thursday, November 1st. The company reported $0.38 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.32 by $0.06. The company had revenue of $251.80 million for the quarter, compared to the consensus estimate of $247.20 million. The company?s quarterly revenue was up 7.3% on a year-over-year basis. Big 5 Sporting Goods has set its Q4 guidance at $0.13-0.21 EPS. Analysts expect that Big 5 Sporting Goods (BGFV) will post $0.70 EPS for the current fiscal year. Big 5 Sporting Goods Corporation is a sporting goods retailer in the United States operating 384 stores in 11 states under the Big 5 Sporting Goods name at the fiscal year ended January 3, 2010(fiscal 2