Big Lots Inc (BIG) concluded trading on Thursday at a closing price of $5.23, with 3.15 million shares of worth about $16.48 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -14.26% during that period and on Thursday the price saw a gain of about 3.98%. Currently the company’s common shares owned by public are about 28.96M shares, out of which, 27.22M shares are available for trading.
Stock saw a price change of -3.51% in past 5 days and over the past one month there was a price change of -5.25%. Year-to-date (YTD), BIG shares are showing a performance of -32.86% which decreased to -63.38% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $3.47 but also hit the highest price of $14.98 during that period. The average intraday trading volume for Big Lots Inc shares is 1.51 million. The stock is currently trading 10.35% above its 20-day simple moving average (SMA20), while that difference is down -11.79% for SMA50 and it goes to -18.04% lower than SMA200.
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Big Lots Inc (NYSE: BIG) currently have 28.96M outstanding shares and institutions hold larger chunk of about 76.82% of that.
The stock has a current market capitalization of $152.82M and its 3Y-monthly beta is at 2.36. It has posted earnings per share of -$16.55 in the same period. It has Quick Ratio of 0.16 while making debt-to-equity ratio of 7.96. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for BIG, volatility over the week remained 11.70% while standing at 11.48% over the month.
Analysts are in expectations that Big Lots Inc (BIG) stock would likely to be making an EPS of -$0.23 in the current quarter, while forecast for next quarter EPS is -$2.83 and it is -$8.23 for next year. For the current quarter EPS, analysts have given the company a lowest target -$0.86 which is -$0.02 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -$0.28 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 16.68% while it is estimated to increase by 28.26% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Loop Capital on February 12, 2024 offering a Sell rating for the stock and assigned a target price range of between $6 and $1 to it. Coverage by Telsey Advisory Group stated Big Lots Inc (BIG) stock as a Market perform in their note to investors on December 12, 2023, suggesting a price target of $7 for the stock. On November 28, 2023, Telsey Advisory Group Reiterated their recommendations, while on April 21, 2023, Piper Sandler Downgrade their ratings for the stock with a price target of $7. Stock get an Underperform rating from Credit Suisse on December 20, 2022.
