Big Lots Inc (NYSE: BIG) closed the day trading at $4.42 down -15.49% from the previous closing price of $5.23. In other words, the price has decreased by -$0.8100 from its previous closing price. On the day, 2780994 shares were traded.
Ratios:
For a better understanding of BIG, let’s look at its different ratios. 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 7.96 whereas as Long-Term Debt/Eq ratio is at 7.11.
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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 129.14M and an Enterprise Value of 2.53B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.03 while its Price-to-Book (P/B) ratio in mrq is 0.41. Its current Enterprise Value per Revenue stands at 0.52 whereas that against EBITDA is -11.75.
Stock Price History:
Over the past 52 weeks, BIG has reached a high of $14.98, while it has fallen to a 52-week low of $3.47. The 50-Day Moving Average of the stock is 5.8304, while the 200-Day Moving Average is calculated to be 6.3503.
Shares Statistics:
Over the past 3-months, BIG traded about 1.53M shares per day on average, while over the past 10 days, BIG traded about 1.85M shares per day. A total of 28.96M shares are outstanding, with a floating share count of 27.22M. Insiders hold about 6.84% of the company’s shares, while institutions hold 76.82% stake in the company. Shares short for BIG as of Feb 15, 2024 were 6.9M with a Short Ratio of 4.50, compared to 6.77M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 23.62% and a Short% of Float of 43.32%.
Dividends & Splits
BIG’s forward annual dividend rate is 0.30, up from 0.30 a year ago. The stock’s 5-year Average Dividend Yield is 5.75.
Earnings Estimates
Current recommendations for the stock of the company come from 7 analysts. On average, analysts expect EPS of -$3.52 for the current quarter, with a high estimate of -$2.59 and a low estimate of -$4.32, while EPS last year was -$3.4. The consensus estimate for the next quarter is -$2.77, with high estimates of -$1.84 and low estimates of -$3.89.
Analysts are recommending an EPS of between -$5.66 and -$12.49 for the fiscal current year, implying an average EPS of -$9.42. EPS for the following year is -$6.75, with 6 analysts recommending between -$2.1 and -$10.73.
Revenue Estimates
7 analysts predict $1.05B in revenue for the current quarter. It ranges from a high estimate of $1.07B to a low estimate of $1.03B. As of the current estimate, Big Lots Inc’s year-ago sales were $1.19B, an estimated decrease of -11.80% from the year-ago figure.
A total of 7 analysts have provided revenue estimates for BIG’s current fiscal year. The highest revenue estimate was $4.6B, while the lowest revenue estimate was $4.35B, resulting in an average revenue estimate of $4.47B. In the same quarter a year ago, actual revenue was $4.72B, down -5.30% from the average estimate. Based on 6 analysts’ estimates, the company’s revenue will be $4.48B in the next fiscal year. The high estimate is $4.83B and the low estimate is $4.24B. The average revenue growth estimate for next year is up 0.10% from the average revenue estimate for this year.
