Huge 5 Sporting Items (BGFV) Scheduled to Submit Quarterly Earnings on Tuesday

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Big 5 Sporting Goods (NASDAQ:BGFV) will announce its earnings results after the market closes on Tuesday, March 1st. Analysts expect the company to announce earnings of $0.85 per share for the quarter.

Big 5 Sporting Goods stock opened at $15.57 on Wednesday. The firm has a market capitalization of $347.38 million, a PE ratio of 3.38 and a beta of 2.70. Big 5 Sporting Goods has a 12-month low of $11.21 and a 12-month high of $47.65. The firm has a 50-day moving average price of $18.72 and a 200-day moving average price of $23.44. The company has a current ratio of 1.63, a quick ratio of 0.56 and a debt-to-equity ratio of 0.02.

Several large investors have recently made changes to their positions in the business. State Street Corp lifted its stake in shares of Big 5 Sporting Goods by 7.2% during the 4th quarter. State Street Corp now owns 690,730 shares of the company’s stock worth $13,131,000 after acquiring an additional 46,199 shares during the last quarter. Morgan Stanley boosted its stake in shares of Big 5 Sporting Goods by 113.3% during the second quarter. Morgan Stanley now owns 508,541 shares of the company’s stock valued at $13,060,000 after purchasing an additional 270,178 shares during the period. Bank of New York Mellon Corp grew its holdings in shares of Big 5 Sporting Goods by 1.2% in the third quarter. Bank of New York Mellon Corp now owns 431,919 shares of the company’s stock worth $9,951,000 after purchasing an additional 5,263 shares during the last quarter. Geode Capital Management LLC increased its stake in Big 5 Sporting Goods by 5.9% in the 4th quarter. Geode Capital Management LLC now owns 414,416 shares of the company’s stock worth $7,878,000 after buying an additional 23,246 shares during the period. Finally, Wells Fargo & Company MN lifted its holdings in Big 5 Sporting Goods by 158.3% during the 2nd quarter. Wells Fargo & Company MN now owns 67,443 shares of the company’s stock valued at $1,731,000 after buying an additional 41,335 shares in the last quarter. Institutional investors and hedge funds own 60.14% of the company’s stock.

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Big 5 Sporting Goods Company Profiles

Big 5 Sporting Goods Corp. operates as a holding company. The firm engages in the retail of sporting goods. Its products include athletic shoes, apparel and accessories, as well as outdoor and athletic equipment for team sports, fitness, camping, hunting, fishing, tennis, golf, winter and summer recreation and roller sports.

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