Weekly Performance Analysis for Big Lots Inc. (BIG)

Big Lots Inc. (NYSE:BIG) saw a downside of -4.88% to close Monday at $44.99 after subtracting -$2.31 on the day. The 5-day average trading volume is 1,214,360 shares of the company’s common stock. It has gained $48.11 in the past week. An average of 1,034,960 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 920,664.

BIG’s 1-month performance is -2.15% or -$0.99 on its low of $41.76 reached on 10/04/21. The company’s shares have touched a 52-week low of $41.76 and high of $73.23, with the stock’s rally to the 52-week high happening on 06/09/21. YTD, BIG has achieved 4.80% or $2.06. However, the current price is down -38.56%% from the 52-week high price.


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Insider Transactions

On Jul 21, 83 days have gone by since the last insider trading activity for Big Lots Inc. (BIG). Schlonsky Michael Allen (Executive Vice President) most recently sold 2,000 shares at $61.27 per share on Jul 21. This transaction cost the insider $122,540. Executive Vice President, Robins Ronald A Jr, sold 10,000 shares at a price of $67.50 on Apr 09. Then, on Apr 08, Director Chambers James R sold 10,000 shares at a price of $65.22 per share. This transaction amounted to $652,200.

Valuation Metrics

The company’s PE ratio for the last five years has touched a high of 17.34 and a low of 1.719. BIG stock has a beta of 2.32. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.23 while the price-to-book (PB) in the most recent quarter is 1.33.

Big Lots Inc. pays an annual dividend of $1.20 per share. Its dividend yield is 2.67% and the payout ratio is 16.50%. BIG’s most recent quarterly dividend payment was made on Sep. 24, when it paid $0.30 a share compared with prior rate of $0.30, down 0.0% from last year’s. The company has boosted its dividend for the last 1 consecutive years with the latest dividend increase of $0.05 reported on Friday March 9 2018. Measured over the last 3 years, the Dividend has been growing by 20.00% yearly.

It is projected that Big Lots Inc.’s next ex-dividend date will be on 16-Dec. BIG is expected to distribute $0.30 as its next dividend.

Big Lots Inc.’s quick ratio for the period ended July 30 was 0.50, with the current ratio over the same period at 1.40 meaning that BIG stock is not able to fulfill its debt obligations. As well, the company’s long term debt to equity for the quarter ending July 30 was 0.00, while the total debt to equity was 0.00. In terms of profitability, the gross margin trailing 12 months is 39.90%. The trailing 12-month EBITDA margin is 12.66% while for the period ending July 30; Big Lots Inc.’s operating margin was 5.60%. The firm’s gross profit as reported stood at $2.5 billion against revenue of $6.2 billion.

Earnings Surprise

For the quarterly period ending July 30 this year, Net income and sales went down compared to those figures reported in the previous quarter. Net income shrunk -12.82% to $1.46 billion, while revenue of $1.63 billion was -11.54% off the previous quarter. Analysts expected BIG to announce $1.12 per share in earnings in its latest quarter, but it posted $1.09, representing a -2.70% surprise. EBITDA for the quarter stood at more than $219.36 million. BIG stock balance sheet for the quarter ending July 30 shows that total liabilities totaled 2.67 billion, with total debt at $1.71 billion. Shareholders hold equity totaling $32.56 million

Technical Picture

Let’s look briefly at Big Lots Inc. (BIG) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 11 October was 45.22% to suggest the stock is trending Neutral, with historical volatility in this time period at 69.43%.

The stock’s 5-day moving average is $45.19, reflecting a +5.12% or $2.19 change from its current price. BIG is currently trading -2.93% above its 20-day SMA, -28.88% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by -21.91% and +0.42% respectively.

Stochastic %K and %D was 53.32% and 45.62% and the average true range (ATR) pointed at 2.17. The RSI (14) points at 43.31%, while the 14-day stochastic is at 38.73% with the period’s ATR at 2.11. The stock’s 9-day MACD Oscillator is pointing at 1.40 and 0.43 on the 14-day charts.

Analyst Ratings

In the most recent analyst report for Big Lots Inc. (NYSE: BIG), Piper Sandler downgraded it to a Neutral rating. They previously had an Overweight rating on the stock. Analysts offering their rating for BIG stock have a consensus rating for the stock as Hold. Currently, 1 brokerage advisors rate BIG as a “sell,”, while 7 advise that investors “Hold.” 1 analysts have rated the stock as underweight. 1 rates the stock as overweight while 1 have offered a “buy” rating.

What is BIG’s price target for the next 12 months?

Analysts have a consensus price target ranging from a low of $45.00 and a high of $63.00, with their median price target at $53.00. Looking at these predictions, the average price target given by analysts is for Big Lots Inc. (BIG) stock is $52.78.

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