Big Lots Inc [NYSE: BIG] closed the trading session at $0.46.
The stocks have a year to date performance of -94.16 percent and weekly performance of -51.04 percent. The stock has been moved at -90.95 percent over the last six months. The stock has performed -48.88 percent around the most recent 30 days and changed -87.07 percent over the most recent 3-months.
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If compared to the average trading volume of 2.28M shares, BIG reached to a volume of 5426541 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Big Lots Inc [BIG]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BIG shares is $2.12 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BIG stock is a recommendation set at 3.40. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Loop Capital have made an estimate for Big Lots Inc shares, keeping their opinion on the stock as Hold, with their previous recommendation back on July 11, 2024. While these analysts kept the previous recommendation, Telsey Advisory Group dropped their target price from $5 to $2.50. The new note on the price target was released on June 07, 2024, representing the official price target for Big Lots Inc stock. Previously, the target price had yet another drop from $6 to $1, while Loop Capital kept a Sell rating on BIG stock. On December 12, 2023, analysts increased their price target for BIG shares from 6 to 7.
The Average True Range (ATR) for Big Lots Inc is set at 0.12, with the Price to Sales ratio for BIG stock in the period of the last 12 months amounting to 0.00. The Price to Book ratio for the last quarter was 0.17, with the Price to Cash per share for the same quarter was set at 1.48.
BIG stock trade performance evaluation
Big Lots Inc [BIG] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -51.04. With this latest performance, BIG shares dropped by -48.88% in over the last four-week period, additionally sinking by -90.95% over the last 6 months – not to mention a drop of -92.40% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for BIG stock in for the last two-week period is set at 23.60, with the RSI for the last a single of trading hit 17.53, and the three-weeks RSI is set at 27.25 for Big Lots Inc [BIG]. The present Moving Average for the last 50 days of trading for this stock 1.1011, while it was recorded at 0.5232 for the last single week of trading, and 3.7582 for the last 200 days.
Big Lots Inc [BIG]: An insightful look at the core fundamentals
Big Lots Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.16 and a Current Ratio set at 1.39.
Earnings per share (EPS) analysis for Big Lots Inc [BIG] stock
With the latest financial reports released by the company, Big Lots Inc posted -3.24/share EPS, while the average EPS was predicted by analysts to be reported at -4.12/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.88. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for BIG.
Big Lots Inc [BIG]: Institutional Ownership
There are presently around $55.44%, or 58.11%% of BIG stock, in the hands of institutional investors. The top three institutional holders of BIG stocks are: FMR LLC with ownership of 2.78 million shares, which is approximately 9.466%. VANGUARD GROUP INC, holding 1.47 million shares of the stock with an approximate value of $$2.55 million in BIG stocks shares; and VANGUARD GROUP INC, currently with $$2.04 million in BIG stock with ownership which is approximately 4.0259%.
