Big 5 Sporting Goods (NASDAQ:BGFV) Issues Q3 2024 Earnings Guidance

Big 5 Sporting Goods (NASDAQ:BGFV) issued an update on its third quarter 2024 earnings guidance on Tuesday morning. The company provided EPS guidance of -0.350–0.150 for the period. The company issued revenue guidance of -.

Big 5 Sporting Goods Price Performance

Shares of BGFV stock traded down $0.01 during mid-day trading on Tuesday, reaching $2.74. The stock had a trading volume of 350,327 shares, compared to its average volume of 382,293. The company has a current ratio of 1.56, a quick ratio of 0.17 and a debt-to-equity ratio of 0.05. The company has a market cap of $61.98 million, a P/E ratio of -3.81 and a beta of 2.34. Big 5 Sporting Goods has a 12-month low of $2.26 and a 12-month high of $9.62. The business has a 50-day simple moving average of $2.95 and a 200 day simple moving average of $3.72.

Big 5 Sporting Goods (NASDAQ:BGFV) last posted its quarterly earnings data on Tuesday, April 30th. The company reported ($0.38) EPS for the quarter, missing analysts’ consensus estimates of ($0.35) by ($0.03). Big 5 Sporting Goods had a negative net margin of 1.82% and a negative return on equity of 6.26%. The company had revenue of $193.43 million for the quarter.

Analysts Set New Price Targets

Separately, StockNews.com downgraded Big 5 Sporting Goods from a hold rating to a sell rating in a report on Saturday, May 4th.

About Big 5 Sporting Goods

Big 5 Sporting Goods Corporation operates as a sporting goods retailer in the western United States. Its products include athletic shoes, apparel, and accessories. The company also offers a selection of outdoor and athletic equipment for team sports, fitness, camping, hunting, fishing, tennis, golf, and winter and summer recreation, as well as home recreation.