On 3/28/24, Big 5 Sporting Goods Corp (NASDAQ: BGFV) stock suffered a major decline of -11.1%, closing at $3.52. Moreover, exceptionally high trading volume at 400% of normal accompanied the decline. Relative to the market the stock has been extremely weak over the last nine months and has declined -4.9% during the last week.
Current PriceTarget Research Rating
BGFV is expected to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.
Big 5 Sporting Goods has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Big 5 Sporting Goods has a very high Appreciation Score of 87 but a poor Power Rating of 19, resulting in the Neutral Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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