The Big Lots Inc. (NYSE:BIG) is going down by -6.43% in today’s trading session, a fall equivalent to -1.33% of the stock’s price from yesterday’s market close. A news came out on 11/08/19 stating that Big Lots Raises $3 Million During Its Fall “Give Big for Kids” Campaign for Nationwide Children’s Hospital by WSJ. The lowest point that the shares touched during the trading session was $20.23, while the peak of the day was recorded at a share price of $21.30. BIG finished the previous session at $20.68 according to the data provided by Barchart, while the trading volume was observed to be $690432.
In the 100 days of trading, BIG managed to top a 23.03% Moving average. Additionally, Big Lots Inc. shares have achieved a 52-week range between 19.83 and 44.81 alongside 100 days raw stochastic set at 1.72%.
The number of shares outstanding, according to the fundamentals of the company, is set at 39.13M, equal to the value of $809.21M in market capitalization. In the last 30 days, Big Lots Inc. shares went down by -18.66%, adding 23.85 to growth in value, on top of a +0.67% boost since 10/18/19.
Big Lots Inc. (NYSE:BIG) Analyst’s Estimates
Big Lots Inc. (BIG) could record at least -$0.21 per share in quarterly earnings in the upcoming report on 12/09/2019, a number that would actually represent an increase of 3.82 YOY.
According to the average analyst rating, Big Lots Inc. would be rated as Hold. Out of 10 different analysts monitoring BIG stock, 2 analysts rate the stock as a BUY, 7 suggest to give the rating of HOLD, 0 indicate that BIG is an OVERWEIGHT, 0 rated the stock as a SELL, and 1 analyst believes that the stock should be rated as UNDERWEIGHT.
On June 03, 2019, the stock earned a Reiterated rating due to a new analyst call from Telsey Advisory Group, while analysts from BofA/Merrill believe that the stock is set at Underperform from Buy, as concluded on June 03, 2019. Piper Jaffray, is still rather wary about the stock, deciding to keep the rating at Neutral as confirmed through a call on May 24, 2019.
Morgan Stanley, on the other hand, provided a rather enthusiastic opinion on the rating, concluded in an analyst call on January 07, 2019, giving the stock a Equal-Weight from the Overweight rating.
BIG Key Ratios To Watch:
Taking in account the profitability of the Company, gross profit margin of +38.12% has been attained, while the operating margin has been recorded at +4.24%. The firm is also showcasing profitability through returns on assets in the company’s ownership, with ROA set at 8.54%. Beta value of the stock is recorded at 1.34. Additionally, Big Lots Inc. is recording price volatility of 4.10% for the period of the last seven days and 4.35% in the last 30 days.
Big Lots Inc. (NYSE:BIG) Technical Outlook
For the period of the last 50 days, Big Lots Inc. had its Raw Stochastic average set at 2.37% for the latest technical analysis. In comparison to the period of the last 20 days, the present Raw Stochastic average for the last 50 days poses as improvement, set at 2.84%. Stochastic %K for Big Lots Inc., with the last 20 days included, was set at 18.03%, having Stochastic %D topping 26.71%. Based on the previous performance of the company for the mentioned period, there are more than several recorded moving trends. When it comes to the period of the last 12 months, accounting the time for year-to-date, price performance appears to be discouraging for Big Lots Inc. stocks with recording -28.49% in metrics.
Big Lots Inc. Insider Watch:
Similarly, 111.96% of the company’s float is held by institutions – and there are 362 institutions in total holding shares of this company. The top three institutional holders of BIG stocks are: Blackrock Inc. with ownership of $146.78 million, which is approximately 5991040 of the company’s shares; Vanguard Group, Inc. (The), holding 3767859 shares of the stock with an approximate value of $92.31 million; and Lsv Asset Management, currently with more than 2389062 shares of the company valued at $58.53 million. Positions in Big Lots Inc. stocks held by institutional investors has been changing actively in the past six months, a period during which there were 8 insider purchases amounting to 44429 shares. Similarly, there were 1 sale transactions amounting to 5000 shares, with the net shares purchased during the last six months reaching 39,429.