Big 5 Sporting Goods Insiders Sell $17 Million in Stock, Reap Huge Rewards
October 31, 2022
Trending News ☀️
BGFV Intrinsic Stock Value – BIG ($NASDAQ:BGFV): The stock price increased significantly, giving the insiders a huge profit. This year, the company is facing difficulties due to the COVID-19 pandemic. However, the insiders who sold their stock last year have already reaped the rewards and are not affected by the current situation.
Stock Price
At the time of writing, the stock is up 2.5% from the prior closing price. This is good news for shareholders, as the company’s stock continues to rise.
VI Analysis – BGFV Intrinsic Stock Value
VI Line, a mobile app that simplifies fundamental analysis, shows that BIG 5 SPORTING GOODS has strong long-term potential. The company’s fundamentals are reflected in its strong financials, with a fair value of around $18.8 per share. Currently, the stock is trading at $13.0, which represents a 31% discount to its fair value.
VI Peers
In the world of sporting goods, there is intense competition among the big players. Big 5 Sporting Goods Corp competes against Dick’s Sporting Goods Inc, Hibbett Inc, and Academy Sports and Outdoors Inc, to name a few. Each company is fighting for market share, and each has its own strengths and weaknesses.
– Dick’s Sporting Goods Inc ($NYSE:DKS)
Dicks Sporting Goods Inc is an American sporting goods retailer headquartered in Coraopolis, Pennsylvania. The company was founded in 1948 by Richard “Dick” Stack. The company operates more than 850 stores in 47 states and employs over 27,000 people.
The company’s market cap is 8.73B as of 2022 and its ROE is 48.91%. The company is a leading retailer of sporting goods and related apparel and equipment. The company’s product categories include team sports, fitness, hunting, fishing, golf, and more. The company also operates e-commerce businesses under the Dick’s Sporting Goods and Field & Stream brands.
– Hibbett Inc ($NASDAQ:HIBB)
Hibbett Sports, Inc. is a publicly traded company with a market capitalization of $750.08 million as of March 2022. The company operates Hibbett Sports and City Gear retail stores in small to mid-sized markets across the United States. Hibbett Sports offers a wide range of sporting goods products, including footwear, apparel, equipment, and accessories. The company’s City Gear stores offer an urban streetwear lifestyle products and services. Hibbett Sports reported a return on equity of 27.86% for the fiscal year ended January 31, 2022.
Hibbett Sports is a leading provider of sporting goods products and services in small to mid-sized markets across the United States. The company operates Hibbett Sports and City Gear retail stores. Hibbett Sports offers a wide range of sporting goods products, including footwear, apparel, equipment, and accessories. The company’s City Gear stores offer an urban streetwear lifestyle products and services. Hibbett Sports reported a return on equity of 27.86% for the fiscal year ended January 31, 2022.
– Academy Sports and Outdoors Inc ($NASDAQ:ASO)
Academy Sports and Outdoors Inc is an American sporting goods retailer with over 250 stores across the United States. The company offers a wide variety of sporting goods and outdoor products, making it a one-stop shop for athletes and enthusiasts alike. Academy Sports and Outdoors Inc has a market cap of 3.56B as of 2022, a Return on Equity of 36.08%. The company’s strong financials and commitment to customer satisfaction have made it a force to be reckoned with in the sporting goods industry.
Summary
Investing in Big 5 Sporting Goods can be a wise decision for a number of reasons. For starters, the company is a leading retailer of sporting goods and equipment in the United States. This gives it a large customer base and a significant competitive advantage.
In addition, Big 5 Sporting Goods has a strong track record of profitability and has been growing its earnings at a healthy clip in recent years. Another reason to consider investing in Big 5 Sporting Goods is that it has a strong balance sheet. The company has little debt and plenty of cash on hand. This gives it plenty of financial flexibility to invest in growth opportunities or to weather any potential economic headwinds. So, all things considered, investing in Big 5 Sporting Goods could be a smart move for long-term investors.
