Big 5 Sporting Goods (BGFV) AI Stock Analysis

• Market Cap: $32.58M
• Dividend Yield: 3.52%
• Average Volume (3M): 275.34K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.20
• Revenue Growth: -8.85%
• EPS Growth: -397.36%
• Country: US
• Employees: 2,100
• Sector: Consumer Cyclical
• Sector Strength: 65
• Industry: Specialty Retail
• EPS (TTM): -0.78
• Shares Outstanding: 22,944,391
• 10 Day Avg. Volume: 234,870
• 30 Day Avg. Volume: 275,338
• PEG Ratio: 0.03
• Price to Book (P/B): 0.20
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -0.71
• Enterprise Value/Market Cap: 10.32
• Enterprise Value/Revenue: 0.10
• Enterprise Value/Gross Profit: 1.47
• Enterprise Value/Ebitda: -2.65
• 1Y Price Target: $1.00
• Price Target Upside: -29.58% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 51 Neutral
• Price Target: $1.50 ▲(5.63%Upside)

Big 5 Sporting Goods faces substantial financial and operational challenges, reflected in its low financial performance score. The potential for growth through the merger and some positive technical indicators offer a glimmer of hope. However, negative earnings and the risk of delisting weigh heavily on the stock's overall attractiveness.

Big 5 Sporting Goods Business Overview & Revenue Model

Company Description

Big 5 Sporting Goods Corporation operates as a sporting goods retailer in the western United States. The company's products include athletic shoes, apparel, and accessories. It also offers a selection of outdoor and athletic equipment for team sports, fitness, camping, hunting, fishing, tennis, golf, and winter and summer recreation, as well as home recreation. The company also provides private label items, such as shoes, apparel, camping equipment, fishing supplies, and snow sport equipment. It sells private label merchandise under its own trademarks comprising Golden Bear, Harsh, Pacifica, and Rugged Exposure. As of May 03, 2022, the company operated 431 stores. It also operates an e-commerce platform under the Big 5 Sporting Goods name. The company was founded in 1955 and is headquartered in El Segundo, California.

How the Company Makes Money

Big 5 Sporting Goods generates revenue primarily through the sale of sporting goods and outdoor equipment at its retail locations. The company's key revenue streams include the sale of branded athletic apparel, footwear, and various sporting equipment. Big 5 operates a network of physical retail stores, which are strategically located to serve customers conveniently. The company also enhances its revenue by maintaining competitive pricing and offering periodic promotions and discounts. Additionally, Big 5's earnings are influenced by seasonal demand, particularly during the back-to-school period and holiday season, which sees increased consumer spending. While Big 5 does not heavily rely on e-commerce, it supplements its physical store sales with online offerings to reach a broader audience.

Big 5 Sporting Goods Financial Statement Overview

Summary

Big 5 Sporting Goods is facing significant challenges across all financial statements. Declining revenues, profitability issues, high leverage, and negative cash flow are key concerns. Strategic improvements in cost management, revenue generation, and financial stability are necessary to reverse current trends and improve overall financial health.

Income Statement

Big 5 Sporting Goods has faced challenges in maintaining profitability, as evidenced by negative net income and EBIT margins in the TTM (Trailing-Twelve-Months). Revenue has declined over recent periods, indicating a shrinking market presence. Gross profit margins have also decreased, which points to cost pressures or pricing challenges. The company needs to address declining sales and profitability to improve its financial health.

Balance Sheet

The company's balance sheet reveals a relatively high debt-to-equity ratio, signaling potential leverage risks. However, stockholders' equity has decreased over recent periods, and the equity ratio has declined, which might impact financial stability. The company needs to manage its leverage and improve equity to strengthen its balance sheet.

Cash Flow

The cash flow statement highlights negative free cash flow in the TTM, driven by negative operating cash flow. The operating cash flow to net income ratio is unfavorable, indicating cash generation issues. The company needs to enhance its cash flow management to support operations and growth.

Breakdown	Dec 2024	Dec 2023	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	795.47M	884.75M	995.54M	1.16B	1.04B
Gross Profit	234.50M	285.84M	341.21M	435.83M	349.17M
EBITDA	-36.44M	8.18M	49.99M	136.02M	76.27M
Net Income	-69.07M	-7.08M	26.13M	102.39M	55.94M
Balance Sheet
Total Assets	609.37M	644.68M	708.79M	753.95M	699.99M
Cash, Cash Equivalents and Short-Term Investments	5.42M	9.20M	25.57M	97.42M	64.65M
Total Debt	299.14M	277.25M	295.47M	290.99M	296.12M
Total Liabilities	433.75M	400.27M	440.01M	486.64M	467.36M
Stockholders Equity	175.61M	244.41M	268.78M	267.31M	232.64M
Cash Flow
Free Cash Flow	-22.32M	7.52M	-41.63M	104.66M	141.40M
Operating Cash Flow	-11.37M	18.54M	-28.44M	115.53M	148.74M
Investing Cash Flow	-10.85M	-10.96M	-13.18M	-10.62M	-5.36M
Financing Cash Flow	18.44M	-23.94M	-30.23M	-72.15M	-86.95M

Big 5 Sporting Goods Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.42
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BGFV, the sentiment is Positive. The current price of 1.42 is above the 20-day moving average (MA) of 1.35, above the 50-day MA of 1.25, and below the 200-day MA of 1.44, indicating a neutral trend. The MACD of 0.06 indicates Positive momentum. The RSI at 62.21 is Neutral, neither overbought nor oversold. The STOCH value of 33.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for BGFV.

Big 5 Sporting Goods Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
DKS	78 Outperform	$16.17B	14.95	40.22%	2.40%	3.33%	15.47%
LQDT	73 Outperform	$759.91M	31.01	14.01%	―	35.78%	23.49%
ASO	73 Outperform	$3.46B	10.00	20.14%	1.00%	-3.57%	-17.43%
Sector *	67 Neutral	¥251.56B	13.27	6.45%	2.72%	5.22%	-11.89%
SPWH	55 Neutral	$133.35M	―	-15.67%	―	-4.92%	-13.73%
BGFV	51 Neutral	$32.58M	―	-39.57%	3.52%	-8.85%	-397.36%
PRTS	48 Neutral	$47.52M	―	-54.32%	―	-14.49%	-210.54%

Big 5 Sporting Goods Corporate Events

Big 5 Sporting Goods Announces Merger Agreement

On June 29, 2025, Big 5 Sporting Goods Corporation entered into a merger agreement with Worldwide Sports Group Holdings LLC and its subsidiaries, where Big 5 will become a wholly owned subsidiary of the parent company. The merger, valued at approximately $112.7 million, offers Big 5 stockholders $1.45 per share in cash, representing a 36% premium over the company’s 60-day volume-weighted average price. The transaction, unanimously approved by Big 5’s Board, is expected to close in the second half of 2025, subject to stockholder approval and other conditions. Upon completion, Big 5 will become a private company, leveraging the financial resources of Capitol Hill Group and the retail expertise of Worldwide Golf to enhance its growth and competitive position in the sporting goods sector.

Big 5 Sporting Goods Holds Annual Stockholder Meeting

At the Annual Meeting, Big 5 Sporting Goods stockholders voted on several key proposals. They re-elected two Class B directors, Lily W. Chang and Van B. Honeycutt, to the Board of Directors until the 2028 annual meeting. Additionally, stockholders approved the executive compensation plan, ratified Deloitte & Touche LLP as the independent auditor for fiscal year 2025, and amended the 2019 Equity Incentive Plan.

Big 5 Sporting Goods Faces Nasdaq Non-Compliance Notice

On May 13, 2025, Big 5 Sporting Goods Corporation received a notice from Nasdaq indicating non-compliance with the $1.00 minimum bid price requirement for continued listing on The Nasdaq Global Market. The company has until November 10, 2025, to meet this requirement by maintaining a closing bid price of at least $1.00 per share for ten consecutive business days. Failure to comply could lead to delisting, although the company may apply for additional time by transferring to The Nasdaq Capital Market. Big 5 Sporting Goods is monitoring its stock price and exploring options to regain compliance, but there is no assurance of success.