Big Lots Stock Today

BIG Stock  USD 3.62  0.16  4.23%   

Performance

0 of 100

 
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Odds Of Distress

Less than 32

 
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Zero
Below Average
Big Lots is trading at 3.62 as of the 18th of March 2024. This is a -4.23% down since the beginning of the trading day. The stock's lowest day price was 3.6. Big Lots has about a 32 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Big Lots are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of September 2022 and ending today, the 18th of March 2024. Click here to learn more.
Business Domain
Consumer Discretionary Distribution & Retail
IPO Date
28th of June 1985
Category
Consumer Defensive
Classification
Consumer Discretionary
Big Lots, Inc., through its subsidiaries, operates as a home discount retailer in the United States. Big Lots, Inc. was founded in 1967 and is headquartered in Columbus, Ohio. Big Lots operates under Discount Stores classification in the United States and is traded on New York Stock Exchange. The company has 29.22 M outstanding shares of which 6.62 M shares are currently shorted by investors with about 3.45 days to cover. More on Big Lots

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Big Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Big Lots' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Big Lots or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOBruce Thorn
Thematic Ideas
(View all Themes)
Old NameBig Un Limited
Business ConcentrationGeneral Merchandise Stores, Consumer Discretionary Distribution & Retail, Consumer Discretionary, NYSE Composite, Tel Aviv 35, Stock Exchange Of, SET Total Return, Tel Aviv 125, Macroaxis Picks, Retail, Consumer Discretionary, Broadline Retail, Discount Stores, Consumer Defensive (View all Sectors)
Average Analyst Recommendation
Analysts covering Big Lots report their recommendations after researching Big Lots' financial statements, talking to executives and customers, or listening in on Big Lots' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Big Lots. The Big consensus assessment is calculated by taking the average forecast from all of the analysts covering Big Lots.
Financial Strength
Based on the key indicators related to Big Lots' liquidity, profitability, solvency, and operating efficiency, Big Lots is not in a good financial situation at this time. It has a very high probability of going through financial hardship in April. Financial strength of Big Lots is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.951.42
Significantly Up
Slightly volatile
Gross Profit Margin0.450.3266
Significantly Up
Slightly volatile
Net Debt2.3 B2.2 B
Sufficiently Up
Slightly volatile
Total Current Liabilities517 M831 M
Way Down
Slightly volatile
Non Current Liabilities Total2.3 B2.2 B
Sufficiently Up
Slightly volatile
Total Assets1.8 B3.3 B
Way Down
Slightly volatile
Total Current Assets970.1 M1.1 B
Moderately Down
Slightly volatile
Big Lots' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Big Lots' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Big Lots' financial leverage. It provides some insight into what part of Big Lots' total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Big Lots' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Big Lots deploys its capital and how much of that capital is borrowed.
Liquidity
Big Lots cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 2.27 B in debt with debt to equity (D/E) ratio of 2.31, meaning that the company heavily relies on borrowing funds for operations. Big Lots has a current ratio of 1.4, which is typical for the industry and considered as normal. Debt can assist Big Lots until it has trouble settling it off, either with new capital or with free cash flow. So, Big Lots' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Big Lots sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Big to invest in growth at high rates of return. When we think about Big Lots' use of debt, we should always consider it together with cash and equity.

Change In Working Capital

(309.25 Million)
Big Lots (BIG) is traded on New York Stock Exchange in USA. It is located in 4900 East Dublin Granville Road, Columbus, OH, United States, 43081 and employs 40 people. Big Lots is listed under General Merchandise Stores category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a total capitalization of 110.44 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Big Lots's market, we take the total number of its shares issued and multiply it by Big Lots's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Big Lots runs under Broadline Retail sector within Consumer Discretionary industry. The entity has 29.22 M outstanding shares of which 6.62 M shares are currently shorted by investors with about 3.45 days to cover. Big Lots has about 44.73 M in cash with (251.96 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.7.
Check Big Lots Probability Of Bankruptcy
Ownership Allocation
Big Lots holds a total of 29.22 Million outstanding shares. The majority of Big Lots outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Big Lots to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Big Lots. Please pay attention to any change in the institutional holdings of Big Lots as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Big Ownership Details

Big Stock Price Odds Analysis

In reference to a normal probability distribution, the odds of Big Lots jumping above the current price in 90 days from now is over 95.62%. The Big Lots probability density function shows the probability of Big Lots stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 3.7279 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Big Lots will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Big Lots is significantly underperforming NYSE Composite.
  Odds Below 3.62HorizonTargetOdds Above 3.62
4.37%90 days
 3.62 
95.62%
Based on a normal probability distribution, the odds of Big Lots to move above the current price in 90 days from now is over 95.62 (This Big Lots probability density function shows the probability of Big Stock to fall within a particular range of prices over 90 days) .

Big Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Big Lots that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Big Lots' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Big Lots' value.
InstituionRecorded OnShares
Acadian Asset Management Llc2023-12-31
489.6 K
Two Sigma Advisers, Llc2023-12-31
472.9 K
Dimensional Fund Advisors, Inc.2023-12-31
471.4 K
Federated Hermes Inc2023-12-31
389 K
Goldman Sachs Group Inc2023-12-31
361.2 K
Scion Asset Management, Llc2023-12-31
225 K
D. E. Shaw & Co Lp2023-09-30
216.4 K
Bank Of America Corp2023-12-31
204.7 K
Walleye Trading Advisors, Llc2023-12-31
196.1 K
Fmr Inc2023-12-31
2.8 M
Blackrock Inc2023-12-31
2.3 M
View Big Lots Diagnostics

Big Lots Historical Income Statement

Big Lots Income Statement is one of the three primary financial statements used for reporting Big's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Big Lots revenue and expense. Big Lots Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Big Lots' Total Other Income Expense Net is most likely to increase significantly in the upcoming years. The Big Lots' current Income Tax Expense is estimated to increase to about 61.7 M, while Selling General Administrative is projected to decrease to roughly 1.2 B. View More Fundamentals

Big Stock Against Markets

Picking the right benchmark for Big Lots stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Big Lots stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Big Lots is critical whether you are bullish or bearish towards Big Lots at a given time. Please also check how Big Lots' historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Big Lots without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Big Lots Corporate Directors

Big Lots corporate directors refer to members of a Big Lots board of directors. The board of directors generally takes responsibility for the Big Lots' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Big Lots' board members must vote for the resolution. The Big Lots board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Nancy ReardonSayerIndependent DirectorProfile
Brenda LauderbackIndependent DirectorProfile
Jeffrey BergerIndependent DirectorProfile
Nancy ReardonIndependent DirectorProfile

How to buy Big Stock?

Before investing in Big Lots, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Big Lots. To buy Big Lots stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Big Lots. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Big Lots stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Big Lots stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Big Lots stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Big Lots, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Big Stock please use our How to Invest in Big Lots guide.

Already Invested in Big Lots?

The danger of trading Big Lots is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Big Lots is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Big Lots. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Big Lots is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Big Lots is a strong investment it is important to analyze Big Lots' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Big Lots' future performance. For an informed investment choice regarding Big Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Big Lots. Also, note that the market value of any Company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in Big Stock please use our How to Invest in Big Lots guide.
You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..

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When running Big Lots' price analysis, check to measure Big Lots' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Big Lots is operating at the current time. Most of Big Lots' value examination focuses on studying past and present price action to predict the probability of Big Lots' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Big Lots' price. Additionally, you may evaluate how the addition of Big Lots to your portfolios can decrease your overall portfolio volatility.
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Is Big Lots' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Big Lots. If investors know Big will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Big Lots listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.37)
Earnings Share
(15.91)
Revenue Per Share
161.965
Quarterly Revenue Growth
(0.07)
Return On Assets
(0.07)
The market value of Big Lots is measured differently than its book value, which is the value of Big that is recorded on the company's balance sheet. Investors also form their own opinion of Big Lots' value that differs from its market value or its book value, called intrinsic value, which is Big Lots' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Big Lots' market value can be influenced by many factors that don't directly affect Big Lots' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Big Lots' value and its price as these two are different measures arrived at by different means. Investors typically determine if Big Lots is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Big Lots' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.