Big 5 Sporting Goods (NASDAQ:BGFV) Updates 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 earnings per share guidance of -0.350–0.150 for the period. The company issued revenue guidance of -.

Big 5 Sporting Goods Stock Down 0.4 %

BGFV traded down $0.01 during midday trading on Tuesday, hitting $2.74. The company had a trading volume of 350,327 shares, compared to its average volume of 382,293. Big 5 Sporting Goods has a 52 week low of $2.26 and a 52 week high of $9.62. The company has a quick ratio of 0.17, a current ratio of 1.56 and a debt-to-equity ratio of 0.05. The company has a market capitalization of $61.98 million, a price-to-earnings ratio of -3.81 and a beta of 2.34. The stock’s 50 day moving average price is $2.95 and its 200 day moving average price is $3.72.

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

Wall Street Analyst Weigh In

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

Big 5 Sporting Goods Company Profile

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.