Understanding Big 5 Sporting Goods’ Recent Stock Movement
On September 26, 2024, Big 5 Sporting Goods (BGFV.us) experienced a significant stock movement, with its share price plummeting by 5.77%. The stock, which closed at $1.96 per share, saw a trading volume of 89,016 shares with a trading turnover of 0.39%. The stock’s volatility was notable, with a 5.58% fluctuation.
Financial Overview
Big 5 Sporting Goods’ latest financial report revealed an operating revenue of $200 million, accompanied by a net loss of $10 million, translating to an EPS of -$0.46. The company’s gross margin stood at $58.72 million. The stock’s P/E ratio was reported as -1.70, indicating a negative market sentiment towards the company’s valuation.
Market Comparison
Comparatively, the retail industry in which Big 5 Sporting Goods operates saw a 1.25% increase in overall market value. Among its peers, Arko Corp C/Wts 22/12/2025 (To Pur Com), 鍚嶅垱浼樺搧, and Zooz Power Ltd. experienced significant gains. On the other hand, Nuvve Holding Corp., 娉㈠瀹犵墿, and Jbdi Holdings Limited were among the most active stocks, with trading turnover rates of 60.41%, 25.33%, and 4.95%, respectively. The stocks with the highest volatility included Container Store (The), Nuvve Holding Corp., and Evgo Inc C/Wts 01/07/2026 (To Pur Com), with fluctuations of 18.55%, 16.26%, and 13.14%, respectively.
Company Profile
Big 5 Sporting Goods Corp is a professional retail company specializing in the sale of sports equipment in the western United States. Its product range includes sports shoes, clothing, and accessories, as well as a variety of outdoor and sports equipment for team sports, fitness, camping, hunting, fishing, tennis, golf, winter, and summer entertainment, as well as roller skating. The company operates solely as a sports equipment retailer, including its retail stores and e-commerce platforms. It has a distribution center located in Riverside, California, which serves all of its stores and e-commerce platforms.
Stock Analysis
Big 5 Sporting Goods’ stock movement can be attributed to several factors. One of the primary reasons is the company’s financial performance, which has been underperforming compared to its peers. The negative EPS and the negative P/E ratio suggest that investors are concerned about the company’s future prospects. Additionally, the overall retail industry’s performance may have also played a role in the stock’s decline.
Market Sentiment
The market sentiment towards Big 5 Sporting Goods appears to be bearish, as indicated by the stock’s significant decline. However, it is important to note that the stock’s movement is just one of many factors that can influence its price. Other factors, such as the company’s strategic decisions, the overall economic environment, and consumer behavior, can also impact the stock’s performance.
Conclusion
Big 5 Sporting Goods’ recent stock movement is a reflection of the company’s financial performance and the overall market sentiment towards the retail industry. While the stock’s decline may be concerning for investors, it is essential to consider the broader context and the various factors that can influence the stock’s price. As always, it is advisable to conduct thorough research and consult with a financial advisor before making any investment decisions.
Company | Stock Symbol | Trading Volume | Trading Turnover |
---|---|---|---|
Big 5 Sporting Goods | BGFV.us | 89,016 | 0.39% |
Arko Corp C/Wts 22/12/2025 (To Pur Com) | N/A | 60.41% | N/A |
鍚嶅垱浼樺搧 | N/A | N/A | N/A |
Zooz Power Ltd. | N/A
|