Big 5 Sporting Goods Corporation [BGFV] Stock Forecast

As consumer spending has (and continues to) cool, many retail stocks have become heavily sold short. In many cases, these large wagers by the short-seller community (considered to be part of the “smart money”) appear to be shrewd bets.

“Value ranking, looks at the price of a stock relative to intrinsic firm value. Graham Value Stocks match the criteria Benjamin Graham followed. “—YCharts Value Screener. 70 August Value large caps and Graham formula-derived results reflect established value stock detection criteria. Of those, 59 met our absurd ideal of dividends from $1K invested exceeding single share stock prices. Representing nine-of-eleven Morningstar Sectors, all 59 ideal value picks pay regular dividends. Broker-target-top-ten net gains ranged 27.38%-55.94%, topped by PDM & TRMD, as of 8/1/23.

EL SEGUNDO, Calif., July 25, 2023 (GLOBE NEWSWIRE) -- Big 5 Sporting Goods Corporation (Nasdaq: BGFV) (the “Company”), a leading sporting goods retailer, will announce second quarter fiscal 2023 financial results on Tuesday, August 1, 2023, after the market close.

“Value ranking looks at the price of a stock relative to intrinsic firm value. Graham Value Stocks match the criteria Benjamin Graham followed.“—YCharts Value Screener. Here are 64 July value large caps and Graham formula-derived results that reflect established value-stock detection-criteria. Of those, 51 met the dogcatcher-ideal of dividends from $1K invested exceeding single-share-stock-prices. Representing nine-of-eleven Morningstar Sectors, all 51 ideal value-picks pay regular-dividends. Broker-target-top-ten net-gains ranged 38.26%-104.37%, topped by SBSW & PDM, as-of 6/23/23.

For investors who seek regular cash flows, blue-chip dividends stocks are excellent options for a portfolio. The combination of a low-beta, regular dividend growth, and the possibility of capital gains makes these stocks attractive.

Altria has one of the highest dividend yields in the S&P 500. Walmart has finally reached Dividend King status.

"Value ranking looks at the price of a stock relative to intrinsic firm value. Graham Value Stocks match the criteria Benjamin Graham followed." — YCharts Value Screener. 67 June value large caps and Graham formula-derived results reflect established value stock detection criteria. Of those, 54 met the dogcatcher-ideal of dividends from $1K invested exceeding single-share stock prices. Representing eight of eleven Morningstar Sectors, all 54 ideal value picks pay regular dividends. Broker-target top-ten net gains ranged 34.55%-81.13%, topped by SBSW and PDM, as of 6/8/23.

Golf stocks are on the rise Wednesday as several shares react to news concerning the PGA Tour merging with LIV Golf. That's a massive announcement as it brings together two major players in the golf space.

Big 5 Sporting Goods faces a challenged demand environment. Poor weather conditions at the start of the FY23 fiscal year compound these challenges. The company also appears to be prioritizing margin preservation over increased sales. This comes at the risk of lost share in a highly competitive environment. Shares have expectedly slumped on the weakened environment.

We've all heard the adage, “Sell in May and Go Away,” but should investors in contemporary times target stocks to sell in the fifth month of the year? According to Corporate Finance Institute, under the original context, the British upper class would sell their securities in May so that they can relax and enjoy the summer months in peace.

Big 5 Sporting Goods Corporation is a US stock , located in El segundo of Ca and trading under the symbol BGFV

Big 5 Sporting Goods Corporation stock price is $6.92 today.

Yes, Big 5 Sporting Goods Corporation is a publicly traded company.