Big 5 Sporting Goods Corporation (BGFV) Company Bio
Big 5 Sporting Goods is a leading sporting goods retailer in the western United States. Big 5's 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 was founded in 1955 and is based in El Segundo, California.
BGFV Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for BIG 5 SPORTING GOODS Corp with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that BIG 5 SPORTING GOODS Corp ranked in the 78th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. The most interesting components of our discounted cash flow analysis for BIG 5 SPORTING GOODS Corp ended up being:
The stock's equity weight, or the proportion of capital from equity relative to debt, is 10. Its equity weight surpasses that of merely 5% of free cash flow generating stocks in the Consumer Cyclical sector.
BIG 5 SPORTING GOODS Corp's weighted average cost of capital (WACC) is 4%; for context, that number is higher than only 0.14% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
DISCA, AMCX, CRI, RSTRF, and REVG can be thought of as valuation peers to BGFV, in the sense that they are in the Consumer Cyclical sector and have a similar price forecast based on DCF valuation.
Standard General L.P., the largest active shareholder of TEGNA Inc. ("TEGNA" or the "Company") (NYSE: TGNA), with an ownership interest of nearly 10% of the Company's outstanding shares, has mailed its definitive proxy statement to shareholders of TEGNA, soliciting support for the election of four exceptional candidates to TEGNA's Board of Directors at the Company's 2020 Annual Shareholders Meeting, which is scheduled for April 30, 2020.
Standard General L.P., one of the largest shareholders of TEGNA Inc. (NYSE: TGNA), and the owner of approximately 9.7% of the Company's outstanding shares, today announced that, following TEGNA's expansion of its Board of Directors to 12 directors last week, it will nominate Lawrence Wert, a deeply experienced local television broadcasting executive, as an additional candidate for election to the TEGNA Board of Directors at the 2020 Annual Meeting of Shareholders. This brings Standard General's slate of highly qualified, diverse and independent candidates to five.