Big Lots Inc. (NASDAQ: BIG) Market Updates – Analysis and Comparisons

Big Lots Inc. day trading at USD 31.95 per share, then rallying to 32.8 and closing at USD 31.89 per share. A net loss of -0.18% for the day. Long term pricing analysis shows the stock trading at -1.64% lower than it’s 52week high and -209.38% higher than the 52week low. The share volume traded for the day was 1,084K which was 0 times the 50 Day Average Volume.

Big Lots Inc. had a market cap of 1,251,006K as of 20th May 2020. The Earnings Per Share (EPS) for Q4 2019 is $ 6.19.

Big Lots Inc. chain traces its history back to 1967 when Consolidated Stores Corporation was formed in Ohio by Sol Shenk. In 1982, Consolidated Stores Corp. opened its first closeout store, called Odd Lots, in Columbus, Ohio. In 1983, drug store chain Revco bought New Jersey closeout retailer Odd Lot Trading Co.

Financial Results

Big Lots Inc. Fourth Quarter Of Fiscal 2019.

  • Big Lots, Inc. (NYSE: BIG) reported net income of $93.8 million, or $2.39 per diluted share, for the fourth quarter of fiscal 2019 ended February 1, 2020.
  • This result compares to the company’s previously communicated guidance of net income of $2.40 to $2.55 per diluted share.
  • Net income for the fourth quarter of fiscal 2018 was $108.0 million, or $2.68 per diluted share.
  • Net sales for the fourth quarter of fiscal 2019 totaled $1,607 million compared to $1,599 million for the same period last year.

Big Lots Inc. (20th May 2020): The Institutional Ownership as of today stood at 94.16%and the Total Value of Holdings (millions) is $ 1,164.

New Institutional Holders and other activity – As of today, the total number of shares held is 36,937,936 by 256 institutional holders.


19-May-2020:-  KeyCorp Comments on Big Lots, Inc.’s Q1 2021 Earnings (NYSE: BIG)

Big Lots, Inc. (NYSE: BIG) – KeyCorp boosted their Q1 2021 earnings per share (EPS) estimates for Big Lots in a report released on Sunday, May 17th. KeyCorp analyst B. Thomas now anticipates that the company will earn $0.52 per share for the quarter, up from their previous forecast of $0.50. KeyCorp also issued estimates for Big Lots’ Q4 2021 earnings at $2.22 EPS and FY2022 earnings at $3.35 EPS.

25-April-2020:-  Big Lots (NYSE: BIG) Shares Gap Up Following Analyst Upgrade

Big Lots, Inc. (NYSE: BIG) shares gapped up before the market opened on Friday after Piper Sandler raised their price target on the stock from $16.00 to $21.00. The stock had previously closed at $18.81 but opened at $19.44. Piper Sandler currently has a neutral rating on the stock. Big Lots shares last traded at $20.37, with a volume of 2,367,242 shares traded.

9-April-2020:-  Big Lots (NYSE: BIG) PT Lowered to $44.00 at UBS Group – Modern Readers

Big Lots (NYSE: BIG) had its price objective trimmed by UBS Group from $49.00 to $44.00 in a research report released on Monday morning, Benzinga reports. BIG has been the topic of a number of other research reports. Zacks Investment Research downgraded shares of Big Lots from a buy rating to a sell rating and set a $29.00 price target on the stock.

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