TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Big 5 Sporting Goods ( (BGFV) ) has shared an update.
Big 5 Sporting Goods has completed a merger, resulting in significant changes to its stock and corporate structure. The company notified Nasdaq of the merger, leading to the suspension of its stock trading and plans to delist and deregister its stock. As part of the merger, all shares were converted into the right to receive merger consideration, and previous stockholders lost their rights. Additionally, the company’s board of directors resigned, and new directors were appointed. The company’s certificate of incorporation and bylaws were also amended and restated.
The most recent analyst rating on (BGFV) stock is a Hold with a $1.50 price target. To see the full list of analyst forecasts on Big 5 Sporting Goods stock, see the BGFV Stock Forecast page.
Spark’s Take on BGFV Stock
According to Spark, TipRanks’ AI Analyst, BGFV is a Neutral.
The overall stock score of 46 reflects significant financial challenges, including declining revenues, increased losses, and high leverage. Technical analysis provides some short-term stability, but weak momentum and potential overbought conditions are concerns. Valuation metrics are unfavorable, with a negative P/E ratio and no dividend yield.
To see Spark’s full report on BGFV stock, click here.
More about Big 5 Sporting Goods
Average Trading Volume: 207,812
Technical Sentiment Signal: Sell
Current Market Cap: $33M
For an in-depth examination of BGFV stock, go to TipRanks’ Overview page.