Daily Stock Analysis: Big 5 Sporting Goods Corp
Big 5 Sporting Goods Corp. Known by the ticker symbol (BGFV), The Corporation is a small-cap specialty retailer operating in the consumer cyclical business sector. This is my first report on Big 5 Sporting Goods Corp for my Viital portfolio, I did slot it as the 27th member of my Vista (the sixth) portfolio.
Image: Big 5 Sporting Goods
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Big 5 Sporting Goods Corp is a specialty retailer company that is principally engaged in the sale of sporting goods in the western United States. Its product mix includes athletic shoes, apparel, and accessories, as well as a broad selection of outdoor and athletic equipment for team sports, fitness, camping, hunting, fishing, tennis, golf, winter and summer recreation and roller sports. The company operates solely as a sporting goods retailer, which includes both retail stores and an e-commerce platform. The company operates a distribution center located in Riverside, California, that services all of its stores and e-commerce platform. |
As of May 3, 2022, the company operated 431 stores plus an e-commerce platform under the Big 5 Sporting Goods name.
The company was founded in 1955 and is headquartered in El Segundo, California.
Three key data points gauge any dividend equity or fund such as Big 5 Sporting Goods Corp.
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Adding the $1.00 BGFV annual dividend to my estimated one-year price upside estimate of $7.96 shows a $8.96 potential gross gain, per share, to be reduced by any costs to trade BGFV shares.
At yesterday's $12.04 closing price per share, a little under $1000 would buy 83 shares.
A $10 broker fee (if charged) would be paid half at purchase and half at sale and might cost us about $0.12 per share.
Subtract that maybe $0.12 brokerage cost from my estimated $8.96 gross gain estimate per share results in a net gain of $8.84 X 83 shares = $733.72 for a 73.37% net gain including an 8.31% forward looking annual dividend yield.
So it is that Big 5 Sporting Goods Corp shows a possible 73.37% net gain including a 8.31% forward-looking dividend yield.
Over the next year at this time our $1000 investment in Big 5 Sporting Goods Corp shares could generate $83.10 in cash dividends. Of course, a single share of BGFV stock bought at yesterday's $12.04 price is almost seven times less than the dividend income from our $1000.00 investment.
So, by my dogcatcher ideal, this a good time to pick up BGFV shares based on their forward looking dividends for the year 2022. The forthcoming annual dividend from $1K invested is 6.9 times greater than yesterday’s single share price. Consider yourself alerted. It's a sign.
All of the estimates above are speculation based on the past history of Big 5 Sporting Goods Corp. Only time and money invested in this stock will determine its market value.
Disclaimer: This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a ...
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