Big Lots with ticker code (BIG) now have 9 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 63 and 37 calculating the average target price we see 47. With the stocks previous close at 41.19 this now indicates there is a potential upside of 14.1%. There is a 50 day moving average of 43.57 and the 200 day MA is 53.15. The market capitalisation for the company is $1,220m. Company Website: https://www.biglots.com
The potential market cap would be $1,392m based on the market concensus.
Big Lots, through its subsidiaries, operates as a retailer in the United States. The company offers products under various merchandising categories, such as furniture category that includes upholstery, mattress, case goods, and ready-to-assemble departments; seasonal category, which comprises patio furniture, gazebos, Christmas trim, and other holiday departments; soft home category that consists of fashion and utility bedding, bath, window, decorative textile, home organization, area rugs, home décor, and frames departments; and food category that includes beverage and grocery, candy and snacks, and specialty foods departments. It also provides merchandise under the consumables category, which comprises health, beauty and cosmetics, plastics, paper, chemical, and pet departments; hard home category, including small appliances, table top, food preparation, stationery, and home maintenance departments; and electronics, toys, and accessories category consisting of electronics, toys, jewelry, apparel, and hosiery departments. As of March 15, 2021, it operated 1,410 stores in 47 states and an e-commerce platform. Big Lots was founded in 1967 and is headquartered in Columbus, Ohio.
