The closing price of Big Lots Inc (NYSE: BIG) was $3.45 for the day, down -5.48% from the previous closing price of $3.65. On the day, 1772050 shares were traded.
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 0.16 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:
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 ’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:
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 0.32.
Stock Price History:
Over the past 52 weeks, BIG has reached a high of $12.21, while it has fallen to a 52-week low of $3.47.
Shares Statistics:
A total of 28.96M shares are outstanding, with a floating share count of 26.51M. Insiders hold about 9.27% of the company’s shares, while institutions hold 75.59% stake in the company.
Earnings Estimates
The firm’s stock currently is rated by Roundhill BIG Bank ETF analysts. The consensus estimate for the next quarter is $25.07, with high estimates of $0.18 and low estimates of $6.18.
