The stock of Big Lots Inc (BIG) has seen a 0.73% increase in the past week, with a -21.97% drop in the past month, and a -46.56% decrease in the past quarter. The volatility ratio for the week is 8.54%, and the volatility levels for the past 30 days are at 9.86% for BIG. The simple moving average for the past 20 days is -6.00% for BIG’s stock, with a -33.46% simple moving average for the past 200 days.
Is It Worth Investing in Big Lots Inc (NYSE: BIG) Right Now?
Company’s 36-month beta value is 2.34.Analysts have differing opinions on the stock, with 6 analysts rating it as a “buy,” 4 as “overweight,” 6 as “hold,” and 0 as “sell.”
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The public float for BIG is 27.22M, and currently, short sellers hold a 25.21% ratio of that floaft. The average trading volume of BIG on March 28, 2024 was 1.51M shares.
BIG) stock’s latest price update
The stock price of Big Lots Inc (NYSE: BIG) has surged by 12.88 when compared to previous closing price of 3.65, but the company has seen a 0.73% gain in its stock price over the last five trading sessions. Finbold reported 2024-03-26 that While Michael Burry undoubtedly pulled off one of the most masterful stock market maneuvers during the 2008 crisis with his ‘Big Short,’ Burry’s performance since has been checkered, albeit leaning toward successful.
Analysts’ Opinion of BIG
Many brokerage firms have already submitted their reports for BIG stocks, with Loop Capital repeating the rating for BIG by listing it as a “Sell.” The predicted price for BIG in the upcoming period, according to Loop Capital is $1 based on the research report published on February 12, 2024 of the current year 2024.
Telsey Advisory Group, on the other hand, stated in their research note that they expect to see BIG reach a price target of $7, previously predicting the price at $6. The rating they have provided for BIG stocks is “Market Perform” according to the report published on December 12th, 2023.
Telsey Advisory Group gave a rating of “Market Perform” to BIG, setting the target price at $5.50 in the report published on November 28th of the previous year.
BIG Trading at -17.36% from the 50-Day Moving Average
After a stumble in the market that brought BIG to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -66.42% of loss for the given period.
Volatility was left at 9.86%, however, over the last 30 days, the volatility rate increased by 8.54%, as shares sank -23.28% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -36.52% lower at present.
During the last 5 trading sessions, BIG rose by +0.73%, which changed the moving average for the period of 200-days by -38.05% in comparison to the 20-day moving average, which settled at $4.32. In addition, Big Lots Inc saw -47.11% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at BIG starting from McCormick Christopher J, who purchase 12,000 shares at the price of $6.29 back on Dec 01 ’23. After this action, McCormick Christopher J now owns 50,733 shares of Big Lots Inc, valued at $75,480 using the latest closing price.
Robins Ronald A Jr, the Executive Vice President of Big Lots Inc, purchase 10,000 shares at $5.00 during a trade that took place back on Jun 01 ’23, which means that Robins Ronald A Jr is holding 169,897 shares at $50,050 based on the most recent closing price.
Stock Fundamentals for BIG
Current profitability levels for the company are sitting at:
- -0.08 for the present operating margin
- 0.35 for the gross margin
The net margin for Big Lots Inc stands at -0.1. The total capital return value is set at -0.16. Equity return is now at value -91.93, with -13.74 for asset returns.
Based on Big Lots Inc (BIG), the company’s capital structure generated 0.7 points at debt to capital in total, while cash flow to debt ratio is standing at -0.39. The debt to equity ratio resting at 2.28. The interest coverage ratio of the stock is -8.67.
Currently, EBITDA for the company is -455.32 million with net debt to EBITDA at -4.58. When we switch over and look at the enterprise to sales, we see a ratio of 0.5. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.31.
Conclusion
In a nutshell, Big Lots Inc (BIG) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
