Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $10.13 on Big 5 Sporting Goods Corporation (NASDAQ:BGFV) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $0.47 for the next fiscal and $N/A for underway quarter. Valuation Estimates Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of Big 5 Sporting Goods Corporation (NASDAQ:BGFV) stands at 19.89. Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For Big 5 Sporting Goods Corporatio, the PEG ratio for coming 3-5 years is 1.49. Technical Analysis The technical analysis highlights that Big 5 Sporting Goods Corporatio current price is trading $1.46 points away +15.66% from $9.34, which stands as the 50-day moving average of the firm. The stock’s 200-day MA is $10.64 and, for now, the stock price is trading $0.16 or +1.49% away from that point. The 52-week high of Big 5 Sporting Goods Corporation (NASDAQ:BGFV) was $15.19 while lowest point recorded in 52-week was $8.15. It implies if stock price makes a movement of over $-4.39, it will record a new 52-week high. In the case of $+32.52% points drop, it will touch a new 52-week low.
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