Market Overview

Deutsche Bank Forecasts Big 5 Sporting Goods Sales of $230.7MM


In a report released this morning, Deutsche Bank said that it is forecasting Big 5 Sporting Goods Corporation (NASDAQ: BGFV) sales of $230.7mm on comps of 1%.

“As FY09 had a 53rd week, the reporting calendar has been skewed during FY10 and each quarter will be impacted,” Deutsche Bank writes. “This is expected to negatively impact sales by approximately $7mm during 3Q10, though this will not impact comps, as these are reported on a week over week basis regardless of which quarter they fall in year over year.”

Deutsche Bank said that its $15 PT is based on a 12x multiple to its FY11 EPS forecast.

Big 5 Sporting Goods closed Friday at $13.52.

Posted-In: Big 5 Sporting Goods Deutsche BankAnalyst Ratings


Related Articles (BGFV)

View Comments and Join the Discussion!

Latest Ratings

CHNGInitiates Coverage On19.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Trading Daily
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at

Coinstar Up In Pre-Market (CSTR)

Benzinga's Top Upgrades (SKH, EGO, E, INTC)