Big Lots Inc

Big Lots Inc Stock Forecast & Price Prediction

Live Big Lots Inc Stock (BIG) Price
$0.11

16

Ratings

  • Buy 10
  • Hold 6
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$0.11

P/E Ratio

-0.01

Volume Traded Today

$351,852

Dividend

$0.3

52 Week High/low

8.41/0.07

Big Lots Inc Market Cap

$14.7M

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BIG Summary

The Big Lots Inc (BIG) share price is expected to increase by 5354.55% over the next year. This is based on calculating the average 12-month share price estimate provided by 16 stock analysts who have covered BIG. Price targets range from $6 at the low end to $6 at the high end. The current analyst consensus for BIG is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

BIG Analyst Ratings

About 16 Wall Street analysts have assignedBIG 10 buy ratings, 6 hold ratings, and 0 sell ratings. This means that analysts expect Big Lots Inc to buy. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on BIG. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

BIG stock forecast by analyst

These are the latest 20 analyst ratings of BIG.

Analyst/Firm

Rating

Price Target

Change

Date

Joseph Feldman
Telsey Advisory Group

Market Perform

$1.5

Maintains

Aug 5, 2024
Anthony Chukumba
Loop Capital

Hold

$1

Upgrade

Jul 11, 2024
Joseph Feldman
Telsey Advisory Group

Market Perform

$2.5

Maintains

Jun 14, 2024
Joseph Feldman
Telsey Advisory Group

Market Perform

$2.5

Maintains

Jun 7, 2024
Joseph Feldman
Telsey Advisory Group

Market Perform

$5

Maintains

Jun 3, 2024
Joseph Feldman
Telsey Advisory Group

Market Perform

$5

Reiterates

Mar 8, 2024
Peter Keith
Piper Sandler

Underweight

$3

Maintains

Mar 8, 2024
Joseph Feldman
Telsey Advisory Group

Market Perform

$5

Maintains

Feb 13, 2024
Anthony Chukumba
Loop Capital

Sell

$1

Downgrade

Feb 12, 2024
Joseph Feldman
Telsey Advisory Group

Market Perform

$7

Maintains

Dec 12, 2023
Peter Keith
Piper Sandler

Underweight

$3.5

Maintains

Dec 1, 2023
Joseph Feldman
Telsey Advisory Group

Market Perform

$6

Maintains

Dec 1, 2023
Joseph Feldman
Telsey Advisory Group

Market Perform

$5.5

Maintains

Nov 28, 2023
Kate McShane
Goldman Sachs

Sell

$4

Maintains

Oct 20, 2023
Karen Short
Credit Suisse

Underperform

$6

Reiterates

Aug 30, 2023
Joseph Feldman
Telsey Advisory Group

Market Perform

$8.5

Maintains

Aug 30, 2023
Anthony Chukumba
Loop Capital

Hold

$7

Maintains

Aug 30, 2023
Joseph Feldman
Telsey Advisory Group

Market Perform

$6

Reiterates

Aug 25, 2023

Deutsche Bank

Hold


Maintains

Jun 1, 2023
Kate McShane
Goldman Sachs

Sell

$5

Maintains

May 31, 2023

BIG Company Information

What They Do: Operates as a home discount retailer.

Business Model: The company operates as a home discount retailer, offering a wide range of products across various categories including furniture, seasonal items, soft home goods, food, consumables, and hard home products. It generates revenue through the sale of these discounted merchandise to consumers across the United States.

Other Information: Founded in 1967 and headquartered in Columbus, Ohio, the company filed for reorganization under Chapter 11 on September 9, 2024, indicating potential financial challenges. Investors should consider the implications of this bankruptcy status on the company's future operations and market position.
BIG
Big Lots Inc (BIG)

When did it IPO

1985

Staff Count

10,000

Country

United States

Sector/Industry

Consumer Defensive/Discount Stores

CEO

Mr. Bruce K. Thorn

Market Cap

$14.7M

Big Lots Inc (BIG) Financial Data

In 2023, BIG generated $5.47B in revenue, which was a decrease of -11.09% from the previous year. This can be seen as a signal that BIG's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

N/A

Revenue From 2021

$6.20B

0.00 %
From Previous Year

Revenue From 2022

$6.15B

-0.78 %
From Previous Year

Revenue From 2023

$5.47B

-11.09 %
From Previous Year
  • Revenue TTM $4.61B
  • Operating Margin TTM -12.0%
  • Gross profit TTM $1.69B
  • Return on assets TTM -6.1%
  • Return on equity TTM -152.0%
  • Profit Margin -10.4%
  • Book Value Per Share 2.76%
  • Market capitalisation $14.7M
  • Revenue for 2021 $6.20B
  • Revenue for 2022 $6.15B
  • Revenue for 2023 $5.47B
  • EPS this year (TTM) $-16.42

Big Lots Inc (BIG) Latest News

News Image

Thu, 26 Sep 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Big Lots, Inc. has launched a new affiliate program in partnership with impact.com, targeting creators and publishers to enhance commission-earning opportunities.

Why It Matters - Big Lots' new affiliate program enhances revenue potential by leveraging influencer marketing, potentially increasing sales and brand visibility, which can positively impact investor sentiment and stock performance.

News Image

Thu, 19 Sep 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Big Lots will host a 'Friends & Family' Event offering 20% off purchases on Sept. 19-20, 2024. Discounts apply in-store with a coupon and online automatically.

Why It Matters - Big Lots' 'Friends & Family' Event signals increased consumer engagement and potential sales boost, impacting revenue forecasts and stock performance.

News Image

Thu, 12 Sep 2024

Sentiment - NEGATIVE

Source - PYMNTS

Summary - Big Lots announced a Chapter 11 restructuring and acquisition by Nexus Capital Management. In Q2, comparable sales dropped 14%, as discussed by CEO Bruce Thorn on Sept. 12.

Why It Matters - Big Lots' Chapter 11 restructuring and declining sales signal financial distress, raising concerns about future profitability and operational viability, impacting investor confidence and stock performance.

News Image

Wed, 11 Sep 2024

Sentiment - NEUTRAL

Source - The Motley Fool

Summary - OneStream CEO Tom Shea discusses the company's offerings following its recent public debut.

Why It Matters - Tom Shea's insights on OneStream's capabilities can signal growth potential and customer demand, influencing investor confidence and stock performance.

News Image

Wed, 11 Sep 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Big Lots, Inc. received interim court approval for debtor-in-possession financing amid its Chapter 11 proceedings, emphasizing its commitment to customer value and bargains.

Why It Matters - Big Lots' interim approval for debtor-in-possession financing signals stability during Chapter 11, potentially reassuring investors about its ability to continue operations and maintain customer value.

News Image

Thu, 12 Sep 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Big Lots, Inc. (NYSE: BIG) announced its 'Black Friday Fridays' event for 2024, featuring weekly sales with up to 50% off on various items, starting Sept. 13 through Dec. 6.

Why It Matters - Big Lots' return of Black Friday Fridays signals potential revenue boosts and increased foot traffic, impacting sales forecasts and investor sentiment positively.

...

BIG Frequently asked questions

The highest forecasted price for BIG is $6 from Anthony Chukumba at Loop Capital.

The lowest forecasted price for BIG is $6 from Anthony Chukumba from Loop Capital

The BIG analyst ratings consensus are 10 buy ratings, 6 hold ratings, and 0 sell ratings.