The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
The price of Big Lots Inc (NYSE: BIG) closed at $3.59 in the last session, down -0.55% from day before closing price of $3.61. In other words, the price has decreased by -$0.55 from its previous closing price. On the day, 0.96 million shares were traded. BIG stock price reached its highest trading level at $3.83 during the session, while it also had its lowest trading level at $3.51.
Ratios:
We take a closer look at BIG’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.16 and its Current Ratio is at 1.31. In the meantime, Its Debt-to-Equity ratio is 8.00 whereas as Long-Term Debt/Eq ratio is at 7.13.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Loop Capital on February 12, 2024, Downgraded its rating to Sell and sets its target price to $1 from $6 previously.
On December 12, 2023, Telsey Advisory Group reiterated its Market Perform rating and also lowered its target price recommendation from $6 to $7.
Telsey Advisory Group reiterated its Market Perform rating for the stock on November 28, 2023, while the target price for the stock was revised from $8.50 to $5.50.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Dec 01 ’23 when McCormick Christopher J bought 12,000 shares for $6.29 per share. The transaction valued at 75,480 led to the insider holds 50,733 shares of the business.
Robins Ronald A Jr bought 10,000 shares of BIG for $50,050 on Jun 01 ’23. The Executive Vice President now owns 169,897 shares after completing the transaction at $5.00 per share. On Jun 01 ’23, another insider, Schlonsky Michael Allen, who serves as the Executive Vice President of the company, bought 10,000 shares for $4.88 each. As a result, the insider paid 48,800 and bolstered with 194,207 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BIG now has a Market Capitalization of 105950232 and an Enterprise Value of 2335950080. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.02 while its Price-to-Book (P/B) ratio in mrq is 0.37. Its current Enterprise Value per Revenue stands at 0.495 whereas that against EBITDA is -11.594.
Stock Price History:
Over the past 52 weeks, BIG has reached a high of $11.06, while it has fallen to a 52-week low of $3.13. The 50-Day Moving Average of the stock is -11.00%, while the 200-Day Moving Average is calculated to be -35.46%.
Shares Statistics:
According to the various share statistics, BIG traded on average about 1.51M shares per day over the past 3-months and 766430 shares per day over the past 10 days. A total of 29.22M shares are outstanding, with a floating share count of 26.78M. Insiders hold about 9.27% of the company’s shares, while institutions hold 83.58% stake in the company. Shares short for BIG as of 1713139200 were 7147849 with a Short Ratio of 4.72, compared to 1710460800 on 6862885. Therefore, it implies a Short% of Shares Outstanding of 7147849 and a Short% of Float of 25.120002000000003.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0831025The stock’s 5-year Average Dividend Yield is 5.82.
