The closing price of Big Lots Inc (NYSE: BIG) was $5.17 for the day, down -1.34% from the previous closing price of $5.24. In other words, the price has decreased by -$0.07 from its previous closing price. On the day, 1212910 shares were traded. BIG stock price reached its highest trading level at $5.44 during the session, while it also had its lowest trading level at $5.06.
Ratios:
Our analysis of BIG’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.15 and its Current Ratio is at 1.44. In the meantime, Its Debt-to-Equity ratio is 7.80 whereas as Long-Term Debt/Eq ratio is at 7.05.
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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Dec 01 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. The Executive Vice President now owns 169,897 shares after completing the transaction at $5.00 per share. On Jun 01, 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 151.05M and an Enterprise Value of 2.55B. 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 0.48. Its current Enterprise Value per Revenue stands at 0.53 whereas that against EBITDA is -11.85.
Stock Price History:
Over the past 52 weeks, BIG has reached a high of $14.99, while it has fallen to a 52-week low of $3.47. The 50-Day Moving Average of the stock is 6.00, while the 200-Day Moving Average is calculated to be 6.41.
Shares Statistics:
BIG traded an average of 1.53M shares per day over the past three months and 1.44M shares per day over the past ten days. 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 4.51, 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
With its trailing 12-month dividend rate of 0.60, BIG has a forward annual dividend rate of 0.30. The stock’s 5-year Average Dividend Yield is 5.75.
Earnings Estimates
The firm’s stock currently is rated by 7 analysts. On average, analysts expect EPS of -$0.23 for the current quarter, with a high estimate of -$0.02 and a low estimate of -$0.86, while EPS last year was -$0.28. The consensus estimate for the next quarter is -$2.83, with high estimates of -$2.25 and low estimates of -$3.59.
Analysts are recommending an EPS of between -$11.03 and -$11.83 for the fiscal current year, implying an average EPS of -$11.23. EPS for the following year is -$8.23, with 7 analysts recommending between -$5.66 and -$10.09.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 7 analysts. It ranges from a high estimate of $1.45B to a low estimate of $1.37B. As of the current estimate, Big Lots Inc’s year-ago sales were $1.54B, an estimated decrease of -7.60% from the year-ago figure. For the next quarter, 5 analysts are estimating revenue of $1.06B, a decrease of -11.10% less than the figure of -$7.60% in the same quarter last year. There is a high estimate of $1.07B for the next quarter, whereas the lowest estimate is $1.04B.
A total of 7 analysts have provided revenue estimates for BIG’s current fiscal year. The highest revenue estimate was $4.74B, while the lowest revenue estimate was $4.66B, resulting in an average revenue estimate of $4.72B. In the same quarter a year ago, actual revenue was $5.47B, down -13.80% from the average estimate. Based on 7 analysts’ estimates, the company’s revenue will be $4.48B in the next fiscal year. The high estimate is $4.6B and the low estimate is $4.33B. The average revenue growth estimate for next year is down -5.10% from the average revenue estimate for this year.
