Big 5 Sporting Goods Corp [NASDAQ: BGFV] jumped around 0.52 points on Tuesday, while shares priced at $1.53 at the close of the session, up 51.49%.
Compared to the average trading volume of 155.46K shares, BGFV reached a trading volume of 6973636 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Big 5 Sporting Goods Corp [BGFV]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BGFV shares is $4.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BGFV stock is a recommendation set at 3.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Lake Street have made an estimate for Big 5 Sporting Goods Corp shares, keeping their opinion on the stock as Hold, with their previous recommendation back on August 02, 2023. While these analysts kept the previous recommendation, Lake Street raised their target price to Buy. The new note on the price target was released on October 21, 2020, representing the official price target for Big 5 Sporting Goods Corp stock. Previously, the target price had yet another drop from $20 to $10, while Deutsche Bank kept a Hold rating on BGFV stock. On November 02, 2016, analysts increased their price target for BGFV shares from 16.50 to 18.
The Average True Range (ATR) for Big 5 Sporting Goods Corp is set at 0.11, with the Price to Sales ratio for BGFV stock in the period of the last 12 months amounting to 0.04. The Price to Book ratio for the last quarter was 0.22, with the Price to Cash per share for the same quarter was set at 0.17.
How has BGFV stock performed recently?
Big 5 Sporting Goods Corp [BGFV] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 67.84. With this latest performance, BGFV shares gained by 81.15% in over the last four-week period, additionally sinking by -14.04% over the last 6 months – not to mention a drop of -54.33% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for BGFV stock in for the last two-week period is set at 84.81, with the RSI for the last a single of trading hit 91.33, and the three-weeks RSI is set at 77.47 for Big 5 Sporting Goods Corp [BGFV]. The present Moving Average for the last 50 days of trading for this stock 0.9466, while it was recorded at 1.0616 for the last single week of trading, and 1.5790 for the last 200 days.
Big 5 Sporting Goods Corp [BGFV]: Deeper insight into the fundamentals
Big 5 Sporting Goods Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.09 and a Current Ratio set at 1.38.
Insider trade positions for Big 5 Sporting Goods Corp [BGFV]
There are presently around $18.37%, or 19.52%% of BGFV stock, in the hands of institutional investors. The top three institutional holders of BGFV stocks are: VANGUARD GROUP INC with ownership of 1.04 million shares, which is approximately 4.7849%. GSA CAPITAL PARTNERS LLP, holding 0.51 million shares of the stock with an approximate value of $$1.52 million in BGFV stocks shares; and GSA CAPITAL PARTNERS LLP, currently with $$1.5 million in BGFV stock with ownership which is approximately 2.3245%.
