Big 5 Sporting Goods (BGFV) Reaches $6.20 After 4.00% Up Move; Bassett Furniture Industries Has 1.56 Sentiment

February 17, 2018 - By Pete Kolinski

Bassett Furniture Industries, Incorporated makes, markets, and retails home furnishings in the United States. The company has market cap of $364.92 million. The firm operates in three divisions: Wholesale, Retail, and Logistical Services. It has a 19.94 P/E ratio. It is involved in the design, manufacture, sourcing, sale, and distribution of furniture products to a network of company-owned and licensee-owned Bassett Home Furnishings retail stores, as well as independent furniture retailers; and wood and upholstery operations.

The stock of Big 5 Sporting Goods Corporation (NASDAQ:BGFV) is a huge mover today! The stock increased 4.20% or $0.25 during the last trading session, reaching $6.2. About 822,059 shares traded. Big 5 Sporting Goods Corporation (NASDAQ:BGFV) has risen 57.96% since February 17, 2017 and is uptrending. It has outperformed by 41.26% the S&P500.The move comes after 7 months positive chart setup for the $133.14M company. It was reported on Feb, 17 by Barchart.com. We have $6.45 PT which if reached, will make NASDAQ:BGFV worth $5.33M more.

Investors sentiment decreased to 0.94 in 2017 Q3. Its down 0.63, from 1.57 in 2017Q2. It is negative, as 38 investors sold Big 5 Sporting Goods Corporation shares while 41 reduced holdings. 28 funds opened positions while 46 raised stakes. 22.04 million shares or 15.40% less from 26.05 million shares in 2017Q2 were reported. Macquarie Gp Ltd holds 0% or 2,130 shares in its portfolio. Public Employees Retirement Association Of Colorado accumulated 9,428 shares or 0% of the stock. Engineers Gate Manager Limited Partnership accumulated 88,677 shares or 0.06% of the stock. Systematic Fincl Ltd Partnership accumulated 138,980 shares. Nationwide Fund Advisors holds 0% or 13,534 shares in its portfolio. Ameriprise has 0% invested in Big 5 Sporting Goods Corporation (NASDAQ:BGFV). Pacific Ridge Prtnrs Limited Liability Corp has 1.02% invested in Big 5 Sporting Goods Corporation (NASDAQ:BGFV) for 470,385 shares. Geode Mgmt Limited Liability invested in 753,889 shares. State Board Of Administration Of Florida Retirement invested in 0% or 96,499 shares. Bnp Paribas Arbitrage Sa reported 0% in Big 5 Sporting Goods Corporation (NASDAQ:BGFV). First Midwest Bancorporation Tru Division holds 0.05% in Big 5 Sporting Goods Corporation (NASDAQ:BGFV) or 54,454 shares. Federated Invsts Pa accumulated 67,877 shares. Citigroup has 29,822 shares for 0% of their portfolio. 132 are held by Tci Wealth. Invesco Ltd stated it has 70,665 shares.

Among 3 analysts covering Big 5 Sporting Goods Corp (NASDAQ:BGFV), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Big 5 Sporting Goods Corp has $18 highest and $8.0 lowest target. $13.13’s average target is 111.77% above currents $6.2 stock price. Big 5 Sporting Goods Corp had 9 analyst reports since July 30, 2015 according to SRatingsIntel. Stifel Nicolaus upgraded it to “Buy” rating and $14.50 target in Monday, February 8 report. The firm has “Hold” rating given on Wednesday, October 28 by Deutsche Bank. The firm earned “Hold” rating on Thursday, May 25 by Forward View Consulting. Deutsche Bank maintained the stock with “Buy” rating in Wednesday, November 2 report. Deutsche Bank downgraded Big 5 Sporting Goods Corporation (NASDAQ:BGFV) on Wednesday, August 2 to “Hold” rating. The firm earned “Hold” rating on Sunday, September 3 by Forward View Consulting. Deutsche Bank upgraded Big 5 Sporting Goods Corporation (NASDAQ:BGFV) rating on Thursday, October 6. Deutsche Bank has “Buy” rating and $16.50 target.

Big 5 Sporting Goods Corporation operates as a sporting goods retailer in the western United States. The company has market cap of $133.14 million. The firm offers athletic shoes, apparel, and accessories, as well as a selection of outdoor and athletic equipment for team sports, fitness, camping, hunting, fishing, tennis, golf, winter and summer recreation, and roller sports. It has a 6.2 P/E ratio. It also provides private label items, such as shoes, apparel, camping equipment, fishing supplies, and snow sport equipment.

Analysts await Big 5 Sporting Goods Corporation (NASDAQ:BGFV) to report earnings on February, 27. They expect $0.25 earnings per share, down 24.24% or $0.08 from last year’s $0.33 per share. BGFV’s profit will be $5.37M for 6.20 P/E if the $0.25 EPS becomes a reality. After $0.28 actual earnings per share reported by Big 5 Sporting Goods Corporation for the previous quarter, Wall Street now forecasts -10.71% negative EPS growth.

Thomson Horstmann & Bryant Inc holds 1.82% of its portfolio in Bassett Furniture Industries, Incorporated for 352,256 shares. Walthausen & Co. Llc owns 190,826 shares or 0.67% of their US portfolio. Moreover, Teton Advisors Inc. has 0.64% invested in the company for 182,300 shares. The California-based Eam Investors Llc has invested 0.22% in the stock. Punch & Associates Investment Management Inc., a Minnesota-based fund reported 58,000 shares.

Since January 1, 0001, it had 0 buys, and 1 sale for $381,161 activity.

The stock increased 1.95% or $0.65 during the last trading session, reaching $33.9. About 57,177 shares traded or 36.81% up from the average. Bassett Furniture Industries, Incorporated (BSET) has risen 4.90% since February 17, 2017 and is uptrending. It has underperformed by 11.80% the S&P500.

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