NYSE:BIG - Big Lots Stock Price, News, & Analysis

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$41.53 -0.55 (-1.31 %)
(As of 11/18/2018 04:00 PM ET)
Previous Close$41.53
Today's Range$40.87 - $41.81
52-Week Range$36.20 - $64.42
Volume792,384 shs
Average Volume962,721 shs
Market Capitalization$1.66 billion
P/E Ratio9.33
Dividend Yield2.89%
Beta0.96
Big Lots, Inc., through its subsidiaries, operates as a community retailer in the United States. The company offers products under various merchandising categories, such as furniture category that includes upholstery, mattress, case goods, and ready-to-assemble departments; seasonal category, which comprises Christmas trim, lawn and garden, summer, and other holiday departments; soft home category that consists of fashion and utility bedding, bath, window, decorative textile, home organization, area rugs, home décor, and frames departments; and food category that includes beverage and grocery, candy and snacks, and specialty foods departments. It also provides merchandise under the consumables category, which comprises health, beauty and cosmetics, plastics, paper, chemical, and pet departments; hard home category, including small appliances, table top, food preparation, stationery, greeting cards, and home maintenance departments; and electronics, toys, and accessories category consisting of electronics, toys, jewelry, and hosiery departments. As of August 31, 2018, it operated 1,416 stores in 47 states. Big Lots, Inc. was founded in 1967 and is headquartered in Columbus, Ohio.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Variety stores
Sub-IndustryGeneral Merchandise Stores
SectorRetail/Wholesale
Current SymbolNYSE:BIG
Previous Symbol
CUSIP08930210
Phone614-278-6800

Debt

Debt-to-Equity Ratio0.70
Current Ratio1.69
Quick Ratio0.32

Price-To-Earnings

Trailing P/E Ratio9.33
Forward P/E Ratio9.31
P/E Growth1.06

Sales & Book Value

Annual Sales$5.27 billion
Price / Sales0.32
Cash Flow$7.0991 per share
Price / Cash5.85
Book Value$15.93 per share
Price / Book2.61

Profitability

EPS (Most Recent Fiscal Year)$4.45
Net Income$189.83 million
Net Margins3.14%
Return on Equity27.83%
Return on Assets9.98%

Miscellaneous

Employees34,800
Outstanding Shares40,030,000
Market Cap$1.66 billion
OptionableOptionable

Big Lots (NYSE:BIG) Frequently Asked Questions

What is Big Lots' stock symbol?

Big Lots trades on the New York Stock Exchange (NYSE) under the ticker symbol "BIG."

How often does Big Lots pay dividends? What is the dividend yield for Big Lots?

Big Lots declared a quarterly dividend on Friday, August 31st. Shareholders of record on Friday, September 14th will be given a dividend of $0.30 per share on Friday, September 28th. This represents a $1.20 dividend on an annualized basis and a yield of 2.89%. The ex-dividend date is Thursday, September 13th. View Big Lots' Dividend History.

How will Big Lots' stock buyback program work?

Big Lots announced that its Board of Directors has approved a stock buyback program on Friday, March 9th 2018, which allows the company to repurchase $100,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to reacquire shares of its stock through open market purchases. Shares repurchase programs are often a sign that the company's management believes its stock is undervalued.

How were Big Lots' earnings last quarter?

Big Lots, Inc. (NYSE:BIG) posted its earnings results on Friday, August, 31st. The company reported $0.59 earnings per share for the quarter, missing the consensus estimate of $0.67 by $0.08. The firm earned $1.22 billion during the quarter, compared to analysts' expectations of $1.23 billion. Big Lots had a return on equity of 27.83% and a net margin of 3.14%. Big Lots's revenue was up .2% compared to the same quarter last year. During the same period in the previous year, the business posted $0.67 earnings per share. View Big Lots' Earnings History.

When is Big Lots' next earnings date?

Big Lots is scheduled to release their next quarterly earnings announcement on Friday, December 7th 2018. View Earnings Estimates for Big Lots.

What guidance has Big Lots issued on next quarter's earnings?

Big Lots updated its FY19 earnings guidance on Friday, August, 31st. The company provided EPS guidance of $4.40-4.55 for the period, compared to the Thomson Reuters consensus estimate of $4.57. Big Lots also updated its Q3 guidance to ($0.06)-$0.04 EPS.

What price target have analysts set for BIG?

17 brokerages have issued 12 month price objectives for Big Lots' shares. Their predictions range from $40.00 to $60.00. On average, they anticipate Big Lots' share price to reach $51.7857 in the next twelve months. This suggests a possible upside of 24.7% from the stock's current price. View Analyst Price Targets for Big Lots.

What is the consensus analysts' recommendation for Big Lots?

17 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Big Lots in the last year. There are currently 7 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Big Lots.

What are Wall Street analysts saying about Big Lots stock?

Here are some recent quotes from research analysts about Big Lots stock:
  • 1. According to Zacks Investment Research, "Of late, estimates have been revised downward. Shares of Big Lots have underperformed the industry in the past six months, on the back of lower-than-expected earnings and net sales in first-quarter fiscal 2018. Trimmed full-year view along with declining comps also hurt investors’ sentiments. Apart from these, the decline in margins also adds to the woes. Furniture, one of the strongest product categories of the company, was also down low single digit in the reported quarter, which came as a surprise. Meanwhile, soft home category continues to impress the investors. In a bid to expand the customer base, the company is taking several initiatives. Among them, the e-commerce business and Store of the Future deserve a mention. However, a challenging retail landscape, aggressive promotional strategies and waning store traffic might weigh on its performance." (8/1/2018)
  • 2. Barclays PLC analysts commented, "We estimate the midpoint of FY18 guidance implies EBIT of ~$280mn and ~$305mn after adding back tax reinvestment, or ~4-5% growth y/y, at/just below BIG’s long-term plan despite the freight headwinds. Soft comps in 4Q17 and in the 1Q18 outlook are understandable (e.g. weather, tax refund delays, Easter shift), and comps should build as the year progresses, helped by Store of the Future (SoF) remodels (~13% of stores in FY18; MSD-HSD comp lift), improved merchandising, and credit expansion (new items & simpler terms), but guidance on comps appears optimistic. We remain EW as we believe 1) the incremental benefit from initiatives will wane, 2) 4Q becomes more competitive each year (~50% of EBITDA), and 3) SoF remodels may only generate a 1x comp bump, will limit FCF, and have an uncertain ROI. Our new PT of $50 is based on a 5.0x EV/EBITDA multiple and FY19E EBITDA of $409mn (prior PT of $54 was based on a 5.3x EV/EBITDA multiple and our old FY18E EBITDA of $427mn)." (3/15/2018)

Has Big Lots been receiving favorable news coverage?

Media headlines about BIG stock have trended neutral this week, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Big Lots earned a news impact score of 0.2 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 9.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the immediate future.

Who are some of Big Lots' key competitors?

Who are Big Lots' key executives?

Big Lots' management team includes the folowing people:
  • Mr. Timothy A. Johnson, Exec. VP, Chief Admin. Officer & CFO (Age 50)
  • Ms. Lisa M. Bachmann, Exec. VP and Chief Merchandising & Operating Officer (Age 57)
  • Mr. Ronald A. Robins Jr., Sr. VP, Gen. Counsel & Corp. Sec. (Age 54)
  • Mr. Michael Allen Schlonsky, Exec. VP of HR & Store Operations (Age 51)
  • Mr. David J. Campisi, Former CEO, Pres & Director (Age 62)

Who are Big Lots' major shareholders?

Big Lots' stock is owned by many different of institutional and retail investors. Top institutional investors include BlackRock Inc. (11.95%), LSV Asset Management (6.41%), AQR Capital Management LLC (5.31%), Dimensional Fund Advisors LP (4.22%), Bank of New York Mellon Corp (2.51%) and Victory Capital Management Inc. (2.36%). Company insiders that own Big Lots stock include David J Campisi, Jeffrey Paul Berger, Lisa M Bachmann, Michael Allen Schlonsky, Philip E Mallott, Ronald A Robins Jr, Russell Solt and Timothy A Johnson. View Institutional Ownership Trends for Big Lots.

Which institutional investors are selling Big Lots stock?

BIG stock was sold by a variety of institutional investors in the last quarter, including Deutsche Bank AG, BlackRock Inc., Renaissance Technologies LLC, Man Group plc, New Amsterdam Partners LLC NY, Bank of New York Mellon Corp, Edgestream Partners L.P. and Credit Suisse AG. Company insiders that have sold Big Lots company stock in the last year include David J Campisi, Jeffrey Paul Berger, Lisa M Bachmann, Michael Allen Schlonsky, Ronald A Robins Jr and Timothy A Johnson. View Insider Buying and Selling for Big Lots.

Which institutional investors are buying Big Lots stock?

BIG stock was acquired by a variety of institutional investors in the last quarter, including Deprince Race & Zollo Inc., FMR LLC, Scout Investments Inc., Russell Investments Group Ltd., Tributary Capital Management LLC, Carillon Tower Advisers Inc., Tyvor Capital LLC and AQR Capital Management LLC. View Insider Buying and Selling for Big Lots.

How do I buy shares of Big Lots?

Shares of BIG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Big Lots' stock price today?

One share of BIG stock can currently be purchased for approximately $41.53.

How big of a company is Big Lots?

Big Lots has a market capitalization of $1.66 billion and generates $5.27 billion in revenue each year. The company earns $189.83 million in net income (profit) each year or $4.45 on an earnings per share basis. Big Lots employs 34,800 workers across the globe.

What is Big Lots' official website?

The official website for Big Lots is http://www.biglots.com.

How can I contact Big Lots?

Big Lots' mailing address is 4900 E. DUBLIN GRANVILLE ROAD, COLUMBUS OH, 43081. The company can be reached via phone at 614-278-6800 or via email at [email protected]


MarketBeat Community Rating for Big Lots (NYSE BIG)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  531 (Vote Outperform)
Underperform Votes:  537 (Vote Underperform)
Total Votes:  1,068
MarketBeat's community ratings are surveys of what our community members think about Big Lots and other stocks. Vote "Outperform" if you believe BIG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BIG will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/18/2018 by MarketBeat.com Staff

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