Wall Street rates the Big 5 Sporting Goods Corporation (BGFV) positively. On average, analysts give the share a strong buy rating. The average target price is $ 15, which means analysts expect the stock to decline -37.34% over the next twelve months. This average ranking gives the stock an analyst rating of 75, which is better than 75% of the stocks based on data compiled by InvestorsObserver.
Wall Street analysts rate BGFV with a strong buy today. Find out what that means for you and get the remaining rankings at BGFV!
Why are analyst ratings important?
A company’s financial statements are an essential expert-weighted factor in analyzing a company’s health. Aside from the numbers, analysts closely follow certain industries and can gain an in-depth understanding of how a storm in one part of the world can cripple supply chains, resulting in a change in consumption around the world. This knowledge enables investors to react to potential market changes before they are announced in a quarterly announcement. InvestorsObserver averages the ratings of all these analysts and the percentile rates these averages. This allows you to compare stocks in more detail than the standard five-tier system used by most investors.
What happens to the stocks of the Big 5 Sporting Goods Corporation today?
Big 5 Sporting Goods Corporation (BGFV) stock trades at $ 23.94 at 1:27 p.m. on Wednesday, July 21, up $ 2.00, or 9.12%, from its previous closing price of April 21 , 94 USD. The stock was trading between $ 22.50 and $ 24.25 today. Volume is easy today. So far, 755,011 shares have been traded, compared to an average volume of 1,138,269 shares. For the full stock report for the Big 5 Sporting Goods Corporation stock, click here.